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 closely —…
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 is where…
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 a replacement.…
Douglas A. McIntyre 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 their shares,…
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, beating out…
Mike Sauter 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 company. Gary…
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 in the…
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 billion. (Reuters)…
courtesy Facebook Inc.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)…
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: NYT), Gannett…
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. Yet, Halifax…
Douglas A. McIntyre 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 to Sony…
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 been wounded…
Douglas A. McIntyre The CEO of The New York Times (NYSE: NYT) left the company in a move which surprised most observers. Janet Robinson will be out by the end of the year. Chairman Arthur…
Douglas A. McIntyre Time Warner’s (NYSE: TWX) publishing arm, Time Inc., has hired a senior digital media executive to run the largest magazine publisher in the U.S. Laura Lang, who headed digital ad agency giant Digitas,…
