Gannett has named Joanne Lipman as the editor-in-chief of USA Today , one of the country’s biggest newspapers. Lipman has been with McLean, Virginia-based Gannett Co .
Category: Publishing
Trump drops 220 spots on Forbes list of billionaires
President Donald Trump walks to the White House after arriving on Marine One, Sunday, March 19, 2017, in Washington. Trump is returning from a trip to his Mar-a-Lago estate in Palm Beach, Fla.
Meredith Buying Time May Be Its Safest Route to Really Going Digital
Time has begun to show signs that legacy print publishers can transition to digital from print, but merging with Meredith may be the best way to get there. Experience matters, and reports that Time is no longer being pursued by an investor group led by Edgar Bronfman Jr. should come as a welcome sign for a company that would probably be best served if its new owners have first-hand knowledge of the digital magazine business.
Billionaire investor Wilbur Ross confirmed as Trumpa s secretary of commerce
Wilbur L. Ross, Jr., takes his seat at a hearing of Commerce, Science, and Transportation committee on January, 18, 2017 in Washington, DC. Wilbur L. Ross, Jr., a former banker and investor who earned billions during decades buying and selling industries and who Trump has touted to lead his trade negotiations, was confirmed as Secretary of Commerce on Monday night in a 72 to 27 vote in the Senate.
Lawmaker: ‘I got confirmation’ my Russia-Ukraine plan was…
The Ukrainian lawmaker who met with President Donald Trump’s personal lawyer, Michael Cohen, and businessman Felix Sater in New York last month to discuss a controversial peace plan for Ukraine “got confirmation” from Sater that his plan was delivered to the White House, he told Business Insider. Andrey Artemenko, a member of Ukrainian parliament and former member of the country’s far-right Radical Party, said he met with Cohen and Sater at the Loews Regency New York on January 27 to discuss Artemenko’s proposal for solving the Russia-Ukraine conflict.
Gretchen Carlson in talks to join MSNBC, sources say
Gretchen Carlson, who settled a multi-million lawsuit late last year against former Fox News chief Roger Ailes, is in talks with MSNBC to join the network, sources familiar with the matter told Business Insider. A source familiar with the matter said Carlson’s deal had not yet been finalized, but was nearing completion.
A Trump voter’s message to retailers: – Keep your mouths shut about our president’
Rachel Veazey of Cleveland, Tenn., is showing her support for President Trump by returning clothes to, and refusing to shop at TJ Maxx – though it’s hard to resist the allure of its deals. “I’m just going to do a little bit of business,” the 77-year-old says as she walks into Neiman Marcus at the Tysons Galleria in Northern Virginia and asks for the manager.
An investigation into the former president of the ‘poor man’s…
A federal investigation into Lisa S. Coico, former president of City College, the flagship of the City University of New York , has expanded, the New York Times reported. Prosecutors are now investigating an additional money source – the City College Fund – to understand why the fund apparently paid Coico without university approval, according to the Times, which said the arrangement was not reported on tax returns.
An investigation into the former president of the ‘poor man’s…
A federal investigation into Lisa S. Coico, former president of City College, the flagship of the City University of New York , has expanded, the New York Times reported. Prosecutors are now investigating an additional money source – the City College Fund – to understand why the fund apparently paid Coico without university approval, according to the Times, which said the arrangement was not reported on tax returns.
Russia-Ukraine ‘peace plan’ controversy is an…
The controversy surrounding the role President Trump’s lawyer played in pushing a “peace plan” for Russia and Ukraine on the National Security Council is “an absurd attempt to distract” from Trump’s reforms, the White House told Business Insider on Tuesday. Trump’s personal lawyer, Michael Cohen, was at the center of a New York Times report published Sunday that said he had hand-delivered a plan to former National Security Adviser Michael Flynn before Flynn was asked to resign.
Milo Yiannopoulos resigns from Breitbart after appearing to…
Milo Yiannopoulos, the controversial right-wing provocateur, resigned as senior editor from Breitbart News on Tuesday amid controversy stemming from year-old comments he made appearing to condone sexual relationships between “younger boys and older men.” “I would be wrong to allow my poor choice of words to detract from my colleagues’ important reporting, so today I am resigning from Breitbart,” Yiannopoulos said in a statement .
Publisher cancels Milo Yiannopoulos book deal
Milo Yiannopoulos, the conservative provocateur known for brusque and controversial political commentary, just had his book deal canceled by publisher Simon & Schuster. “After careful consideration, Simon & Schuster and its Threshold Editions have canceled publication of ‘Dangerous’ by Milo Yiannopoulos,” a statement from the company read Monday afternoon.
Milo Yiannopoulos Book Canceled By Simon & Schuster
The Breitbart editor had signed a $250,000 book deal in December with Threshold Editions, an imprint of Simon & Schuster, but the publisher announced on Monday that it halted plans for the book, after “careful consideration,” according to Publisher’s Weekly . Yiannopoulos, who also appeared on Real Time With Bill Maher last week to discuss his views on Hollywood liberalism, was disinvited from this week’s Conservative Political Action Conference, known as CPAC, where he was supposed to deliver the keynote address.
28-year-old cofounder named to Forbes 30 under 30 shares his…
Maxim Razmakhin has always been an entrepreneurial spirit. When he was in college, he sold milkshakes out of his dorm room.
Snap ‘Not Going to Be the Next Facebook,’ NYT’s Isaac Contends
New York Times reporter Mike Isaac expects the Snap IPO to go well, but believes subsequent quarters could be ‘tenuous.’ Snap’s long awaited IPO is expected to have its final price set by March 1, according to CNBC .
10 Most Costly Supercars You Can Buy Online
You don’t have to go to Monaco, London or Dubai to find the world’s most extravagant automobiles. You can browse for seven-figure supercars from home.
Scripps shares results of its participation in FCC broadcast spectrum auction
This week, the FCC lifted a quiet period it had imposed on station groups regarding the auction, allowing broadcasters to publicly share their auction results. “We pursued several channel-share arrangements with ourselves and other broadcast partners that would have allowed us to continue to operate our stations and serve our local communities while supporting the government in its attempt to recapture some broadcaster spectrum,” said , senior vice president, broadcast, for Scripps.
Disney CEO Iger Will Definitely Extend Term, NYT’s Stewart Claims
Disney CEO Bob Iger is rumored to be pushing off his retirement for a third time. That rumor was basically confirmed in the company’s conference call on Tuesday, the New York Times’ Jim Stewart said on CNBC’s “Squawk on the Street” on Friday morning.
New York Times Offers Free Spotify Service to Boost Subscribers
New York Times Co., looking for ways to persuade readers to pay for news, is working with Spotify Ltd. to give new digital subscribers to the newspaper free access to the world’s largest music-streaming service. Readers who buy one-year online subscriptions to the Times will also get unlimited access to Spotify’s premium service, which costs $120 annually, the companies said Wednesday.
New York Times CEO Mark Thompson Says Trump Is Wrong, ‘We’re Not Failing’
New York Times CEO Mark Thompson said the paper is ramping up marketing efforts to take advantage of the intensified interest in news post-election. People are “hungrier than ever” for real facts, New York Times CEO Mark Thompson said on CNBC’s “Power Lunch” on Thursday afternoon.
Consumers Spend More Cash for New Cars in January
January is typically the slowest month of the year for new-vehicle sales, and a surprisingly robust December likely stole some thunder from the latest month. Detroit’s Big Three all reported declines in January U.S. sales versus last year.
Bristol-Myers Squibb Falls as It Cuts 2017 Outlook
Bristol-Myers Squibb on Thursday cut its guidance for 2017, saying it now expects adjusted earnings of $2.70 to $2.90 a share for the year, down from its previous guidance of $2.85 to $3.05. In the fourth quarter, the drugmaker posted earnings of $894 million, or 53 cents a share, compared with a loss of $197 million, or a loss of 12 cents, a year earlier.
Craig Forman new CEO of McClatchy Co.
Former Yahoo! and Earthlink executive Craig I. Forman has been named president and chief executive officer of the McClatchy Co. as the newspaper publishing giant struggles to make money in the digital age.
The 11 Biggest Video Games of 2017
This year will also play host to a packed lineup of triple-A software releases that will be competing for consumers’ attention and dollars. Click through the following presentation for a look at the 11 biggest video games set to hit retail in 2017.
Pearson Profit Warning Raises Questions About CEO Credibility
International education and media company Pearson noted that sales in its North American unit declined by 30% in the fourth quarter, hurting overall full year net revenue. Shares of international education and media company Pearson are down by more than 30% to $7.11 on heavy trading volume Wednesday after the company issued a profit warning this morning.
Iconic Publisher Time Poised to Begin Talks With Potential Buyers
The company’s board will open talks with potential acquirers, setting the stage for a likely sale of the publisher of Fortune, People and Sports Illustrated. After months of speculation, Time ‘s board is planning to hold talks that could lead to a sale of the media company, publisher of such popular titles as Fortune , People and Sports Illustrated , a source close to the matter said.
Rpt: Frontier Airlines Hires Banks to Plan IPO
Low-cost carrier Frontier Airlines is preparing for an initial public offering and has hired banks to plan the debut, The New York Times reported, citing people familiar with the matter. The Denver-based airline is aiming to raise about $500 million, valuing the company at about $2 billion, NYT said, citing sources.
The Scariest Thing About Bristol-Myers Squibb’s Dividend
With a current yield of 2.67%, investors still have reason to show the love. But there is something that might seem scary to some investors — the company’s ability to keep the dividends flowing at current levels.
Here’s What Employees Should Be Worried About This Year
A lot is likely to change for American workers in 2017. Here are the biggest things on the horizon and a few things to be hopeful about.
How Donald Trump Could Make Rupert Murdoch Even More Powerful
President-elect Donald Trump may be preparing to give Rupert Murdoch a big reward for the positive coverage Murdoch’s outlets provided during the election. Trump has asked Murdoch to submit the names of possible nominees for Federal Communications Commission chairman, according to a report from New York magazine’s Gabriel Sherman.
Whitney Shefte
Whitney Shefte is a Peabody, Emmy and Pictures of the Year International Award-winning senior video journalist at The Washington Post, where she has worked since 2006. Whitney is also visuals editor for Storyline.
Apple Has a Lot to Lose if its Favorable Chinese Manufacturing Deals Unravel
A Thursday New York Times report provides fresh arguments. It also shows just how much Apple, and perhaps some other U.S. tech giants dependent on Chinese manufacturing, have to lose if the trade status quo with China is disrupted in a major way.
Bankrupt Hanjin selling Port of Seattle terminal operations
Bankrupt shipper Hanjin is selling its Port of Seattle terminal operations to one of the world’s largest cargo firms. The Seattle Times reports Hanjin Shipping Co.
Top Bond Manager Woolnough Rebounds With Bullish Call on Economy
Woolnough, whose 15.5 billion pound M&G Optimal Income Fund has beaten 83 percent of peers over the past five years, says low interest rates are working, economies are recovering, and investors have gotten too worked up about macroeconomic risks. He’s so bullish, he started buying equities for the first time in two years, saying they’re more attractive than bonds.
Prosecutors: FBI agent leaked info in trading case to media
Federal prosecutors say an FBI agent has acknowledged divulging confidential information to reporters about the investigation into an alleged insider trading scheme. The Las Vegas Review Journal reports that prosecutors in New York told a federal judge by letter Friday that the unnamed agent confessed to be a source for The Wall Street Journal and The New York Times regarding the case involving Las Vegas gambler William “Billy” Walters.