The New York Times Company Reports A Drop In Profit

While advertising continued to fall, The New York Times Company, which is repositioning itself for a digital age, said circulation revenue rose 6.5 percent in the first quarter.

  • Top Editors Abruptly Leave Village Voice
    Will Bourne, who became editor in chief of The Village Voice in November, and Jessica Lustig, the deputy editor since January, are leaving the weekly publication. They met with the staff at 11 a.m. on Thursday and said that Christine Brennan, executive editor of Voice Media Group, had instructed them to lay off or drastically reduce the roles of five employees on the 20-person staff. More
  • Britain’s Daily Mail Web Site Makes Foray Into America
    Mail Online, The Daily Mail’s site, has expanded on the news and business sides with offices in New York, and coverage of celebrities in Los Angeles. More
  • HTC Expects Brighter Second Quarter
    Taiwan's HTC expects its second-quarter revenue and operating margin to rise from the first quarter, as sales of the new HTC One smartphone pick up. More
  • Mobile Efforts Help Propel Facebook’s Earnings
    Facebook was once a darling of investors, then a turnoff. Now, a year after going public, the social network seems to have settled into a more stable relationship with Wall Street. But the company has still been taking pains to prove that it can make more money from its base of more than a billion users, especially from those using Facebook on mobile devices. More
  • All Eyes On Facebook's Mobile Growth And Graph Search Progress
    Quick Take Facebook will release its Q1 2013 earnings on May 1. We expect healthy advertising revenue growth driven by improved mobile monetization and a growing user base. Margins will shrink due to higher headcount related costs and infrastructure investments. We’ll also look for any color on the success of Graph Search, which could be one of the key features of Facebook going forward. More
  • Mom and Pop Retailers Are Struggling During the Lockdowns. Big Box Giants Are Thriving.
    Big-box chains will gobble up even more business from struggling smaller chains. That bodes well for their shares.
    05/24/2020 - 1:40 pm | View Link
  • Thailand reports no new cases for fourth time this month
    Elsewhere, for the first time since the pandemic began, China reported no new cases on Saturday and millions of Muslims are marking a muted and gloomy holiday of Eid al-Fitr, the end of the fasting ...
    05/24/2020 - 12:14 am | View Link
  • Stocks Waver as China Tension Rises: Live Updates
    China abandons growth target and lays plans to ramp up spending. Amazon moves to regain its dominance. Alibaba credits China’s quick handling of the virus for stronger-than-expected sales. Hertz, the ...
    05/22/2020 - 8:11 am | View Link
  • Republican senator Kelly Loeffler vows she will NOT drop out
    Not only am I not dropping out, but I'm going to win,' Sen. Kelly Loeffler of Georgia said in an interview where she wouldn't confirm if she has been contacted by the FBI.
    05/22/2020 - 4:01 am | View Link
  • HPE cuts executive pay, considers layoffs after tough Q2
    Hewlett Packard Enterprise had a difficult Q2, but it has a plan to save money — starting with a #paycut for its executives and potential job cuts. #tech #layoffs $HPE ...
    05/22/2020 - 1:42 am | View Link
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