WSJ Publisher Les Hinton Resigns

Les Hinton, CEO of Dow Jones & Co and publisher of the Wall Street Journal., resigned on Friday. Hinton was executive chairman of the British unit that oversaw News Corp.’s U.K. tabloid newspapers at the heart of the phone hacking scandal for 12 years. Hinton said in a statement that he was “ignorant of what apparently happened” but felt it was proper to resign.