Friday, 30 Oct 2009 | Source: The Associated Press
The Washington Post Co. increased its net income 69 percent in the third quarter, as the company cut costs to narrow losses at its newspapers and kept reaping profit from its cable TV and education divisions.
The Wall Street Journal will close its Boston bureau to save money, and shift coverage of the mutual fund industry to its money and investing reporting team, the newspaper's editor said on Thursday.
The Wall Street Journal will close its Boston bureau to save money, and shift coverage of the mutual fund industry to its money and investing reporting team, the newspaper's editor said on Thursday.
The plunge in U.S. newspaper circulation is accelerating, according to the latest figures released on Monday, as more people cancel their subscriptions and publishers cut distribution and sales of discounted copies.
Monday, 26 Oct 2009 | Source: The Associated Press
Circulation at newspapers shrank at an accelerated pace in the past six months, driven in part by stiff price increases imposed by publishers scrambling to offset rapidly eroding advertising sales.
The New York Times plans to eliminate 100 newsroom jobs — about 8 percent of the total — by year’s end, offering buyouts to union and nonunion employees, and resorting to layoffs if it cannot get enough people to leave voluntarily, the paper announced on Monday.
It's the basic question when investing in a stock: is it on the way up or will it go down? To answer this question, Wall Street has developed numerous ways of attempting to predict what will happen, estimating various attributes tied to stock performance in order to determine what the future holds for a company's valuation. After dissecting the data, analysts following a particular stock produce a price target of where they believe the stock is headed. Out of the entire S&P 500, which stocks are analysts expecting to have the biggest price drops? Here's the top 20, according to ThomsonReuters (as of market close on 10/16/09). Click ahead to find out!
Google, long seen as an enemy by many in the news industry, is making a bold attempt to be seen as a friend with a new service it hopes will make it easier for readers to read newspaper and magazine articles.
The Dow topped 9,000 for the first time since January as investors shrugged off a rise in jobless claims and cheered earnings from Ford and 3M. A third straight rise in existing-home sales also buoyed the market.
The Dow topped 9,000 for the first time since January as investors shrugged off a rise in jobless claims and cheered earnings from Ford and 3M. A third straight rise in existing-home sales also buoyed the market.
Stocks rallied Thursday as investors shrugged off a rise in jobless claims and focused on encouraging earnings from Ford and 3M. A third straight rise in existing-home sales also buoyed the market.
These days in the newspaper industry, you can't expect positive news to come from an ad increase - the only upside is when cost-cutting works.... Read More
The tech blogosphere is a buzz (or a-twitter depending on how you consume news) about reports that Twitter is in talks with Microsoft and Google to integrate Tweets into their search results... Read More