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Archive for March, 2009

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FT launches Newssift.com

The Financial Times Group has launched Newssift.com, a next generation search tool for business professionals. The site allows visitors to search global business news sources and compile specific information geared toward users’ needs.From the release: As the media landscape continues to evolve, more people are using the Internet as their primary news source. Newssift allows [...]

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New Corp. names new key officer

Jan Koeppen has been named chief operating officer of News Corp.’s Europe and Asia operations, which include the company’s stake in the BSkyB satellite-TV service, U.K. newspapers and Star television in Asia, according to reports from The Wall Street Journal.From the story: Mr. Koeppen’s appointment comes at a time of management shuffling at News Corp. [...]

Inside going concern warnings
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Inside going concern warnings

By James K. Gentry In a normal year, relatively few public companies receive going concern warnings from their auditors. But this year so many going concern warnings are anticipated that auditing firms and professional groups have been publishing primers to ensure accountants are prepared. Yet do going concern opinions really matter? A company’s financial statements [...]

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Time experiments with custom-tailored magazine

Time, Inc. is taking subscription requests for an experimental, customizable magazine called “mine,” according to Yahoo! Finance.The magazine will be a bi-weekly publication pulling content from several Time properties, including Time, Sports Illustrated and Money.Readers will choose which publications they want to receive content from. Editors will preselect content to include in the final product.In [...]

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Increase in time spent on newspaper sites slows

The average time spent on major newspaper sites has been increasing for the past several months in general. This past month, however, the numbers were not so encouraging.While several sites saw large increases, some of the top performers actually lost time, according to Editor & Publisher. The average time spent on newspaper Web sits stalled [...]

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Anchorage Daily News cuts staff

Employees of the McClatchy-owned Anchorage Daily News received word Thursday that will institute staff cuts and wage reductions in order to cut costs, according to Editor & Publisher. Forty-five staff positions will be cut, or about 17 percent of the newspaper’s workforce. It will be accomplished by mid-April through a combination of buyouts, layoffs and [...]

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FBN’s Casone profiled in “D Magazine”

D Magazine, which caters to the Dallas/Fort Worth area, has an article profiling FOX Business Network anchor Cheryl Casone who is also a Texas native. Casone’s story is unusual because she started her career as a flight attendant for Southwest Airlines. During down time on flights, she studied the financial markets in order to learn [...]

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WSJ editor fined

The Associated Press reports that a senior editor for the Wall Street Journal, Melanie Kirkpatrick, was fined 10,000 Singapore dollars (6,660 US) for contempt of court and ordered to pay $10,000 dollars in legal costs over three articles that allegedly insulted the city-state’s judiciary.From the story: “Kirkpatrick, based in New York, was found liable for [...]

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San Diego Union-Tribune to be sold

The San Diego Union-Tribune will be sold to a private equity firm, according to a story on the paper’s website.The Copley Press, current owner of The Union Tribune, announced the sale on Wednesday. Platinume Equity, a private equity firm that specializes in reviving troubled companies, will make the purchase. “There’s no question that the newspaper [...]

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