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This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
On the first Friday of each month, the Bureau of Labor Statistics releases the Jobs Report. This is the premier data point on the US economic calendar and is viewed as the best overview of the most important part of the economy: the workforce. The report comes out at 8:30 am ET, but there are 4 people who get the report beforehand so they know what's coming the next day.
Gannett, the publisher of USA Today, will spin off its digital media businesses into a new company called TEGNA, the unlikely name of which was created by rearranging some of the letters in "Gannett."
Gannett CEO Garcia Mortore said in a statement that the name is a "nod to the more than 100 year-old history of Gannett." TEGNA will oversee 46 TV stations and websites including Cars.com and CareerBuilder.com, which had been the most profitable pieces of the parent company.
The invented name, only a few hours old, quickly came in for its share of ridicule from wags on Twitter:
Gannett will become Tegna, in a rebranding that appears to have involved Scrabble tiles and a Yahtzee cup http://t.co/YAAzT0ElSp
— John Schwartz (@jswatz) April 21, 2015 Read more
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