(Crain’s) — One recent sunday, The New York Times went after Rupert Murdoch in a way I hope he admired. The investigation of voicemail hacking by Murdoch’s News of the World belied Arthur Ochs Sulzberger Jr.’s claim in the latest issue of Vanity Fair that his Times and Murdoch’s Wall Street Journal are not at […]
(Crain’s) — This may have been a good year for circulation at The Wall Street Journal, but it’s been a lousy year for prestige. The nation’s largest weekday paper was completely shut out this week in the competitive categories of the Gerald Loeb Awards for Distinguished Business and Financial Journalism. It was the first time that […]
(Crain’s) — The newspaper business is struggling across the country. You wouldn’t know it in New York. The Wall Street Journal launches its long awaited New York edition today, adding a stand-alone section full of local news in its bid to become more of a general-interest paper—and challenge The New York Times. In response, the Times […]
(WSJ) — Apple investors could be excused for feeling on top of the world. Another blowout quarter has sent the stock booming to another all-time high. The iPad seems to be a success. Everything the company touches seems to turn to gold. Savor the moment, by all means. But don’t get complacent. If you’re an Apple […]
(CNBC.c0m) — U.S. producer prices rose more than expected in March on strong consumer food and gasoline costs, while the number of people filing new jobless claims dropped, government reports showed Thursday. A small gain in the core measure pointed to tame underlying inflation. Read More…
(SmartMoney.com) — Saving diligently for retirement can be stressful. Finding out that you actually have to save almost twice as much as you thought? That’s panic-attack territory. Still, that’s where many people are now finding themselves as they get closer to retirement. The stock market and the economy have bounced back, but not far enough to restore […]
(DailyFinance.com) — Maybe Les Hinton did deserve that publisher of the year award after all. Anyone who can take a newspaper from a loss of more than $80 million in one year to a profit in the next year — and in this economy, no less — deserves some kind of prize. And that’s exactly […]
(Wall Street Journal) — For $30,400 a couple, Floridians will have a chance Thursday night to rub elbows with President Barack Obama at singer Gloria Estefan’s 15,547-square-foot mansion on Miami Beach’s Star Island. Donors will give $35,200 a couple at Los Angeles’ Natural History Museum on Monday evening at a presidential fund-raiser for Sen. Barbara Boxer […]
They lowered their debt levels before reporting to make their balance sheets look less risky.