Warren Buffett may be the only newspaper owner in American who wants to support the business. In addition to his ownership of daily newspapers in Omaha and Buffalo, he recently ... Read Full Story »
It is no secret that the newspaper business has not been a good sector over the last decade. Subscriptions declined about as fast as the number of smokers did in ... Read Full Story »
For some reason, Europe’s largest stock markets have shrugged off election results in Greece and France. Many indexes are down, particularly in Greece. But the markets the world watches most ... Read Full Story »
Warren Buffett surprised investors when he said Berkshire Hathaway (NYSE: BRK-A) may buy more newspapers. It already owns the daily in Buffalo and recently bought the paper in Omaha, which ... Read Full Story »
When Janet Robinson, the former CEO of the New York Times Company (NYSE: NYT) was pushed out of office last December, the corporation that owns the New York Times said it would find ... Read Full Story »
Google (NASDAQ: GOOG) announced it will propose to shareholders that it have a new share structure. Many investors believe the proposal favors the power of the founders too much. Those investors can sell ... Read Full Story »
CBS announced Tuesday that David Letterman would continue hosting the "Late Show" until at least the end of 2014. The agreement will make him the longest-running host in late night, ... Read Full Story »
The Associated Press hired the worst CEO in the newspaper industry as its 13th chief executive. Its board of directors should be ashamed, as should anyone who works at the news ... Read Full Story »
One of the challenges traditional news media face is that advertising has begun to move online. As its turns out, the news media does not do much better on the internet than ... Read Full Story »
The U.S. indicts Swiss bank Wegelin on tax evasion charges. (Reuters) Fed president Richard Fisher says there is no need for QE3. (Reuters) Panasonic posts a quarterly loss of $2.6 ... Read Full Story »
New data from online research firm Comscore shows Facebook had 27.9% of the U.S. display advertising market, up from 21% in 2010. Yahoo!’s (NASDAQ: YHOO) share was 11%. Google (NASDAQ: GOOG) ... Read Full Story »
Traders rarely make mistakes as bad as the one they made when they pushed newspaper stocks higher early in the year. Shares in companies such as the New York Times (NYSE: ... Read Full Story »
It is strange that the New York Times (NYSE: NYT) would want to sell its local media group. Local papers are, in most cases, doing better than large metropolitan ones. ... Read Full Story »
AT&T (NYSE: T) gives up on its effort to buy T-Mobile. (Reuters) Apple (NASDAQ: AAPL) wins a patent case over HTC in the smartphone wars. (Reuters) Olympus will sell shares ... Read Full Story »
It does not matter who runs the New York Times Company (NYSE: NYT). The clock is slowly winding down on its viability as a standalone company. The newspaper industry has ... Read Full Story »