The New York Times Co. said Thursday core earnings in the past quarter were lifted by gains in online subscriptions, helping offset declines in print and digital ad revenues.
Jeff Bezos, the founder of Amazon, closed a $250 million deal Tuesday to acquire The Washington Post, ending the longstanding ownership of the renowned Graham family, the newspaper announced.
With Jeff Bezos set to take over The Washington Post, the big question is: Can he arrest its decline and deliver an economic model for the rest of the industry?
The International Herald Tribune will be formally renamed the International New York Times on October 15, ushering in a new era for the 125-year-old newspaper.
China’s industrial production rose 10.4 percent in August year-on-year, the government announced Tuesday, its fastest increase for more than a year in another positive sign for the world’s second-largest economy.