Reuters parent reports better-than-expected earnings

Thomson Reuters Corp. on Thursday reported higher-than-expected quarterly profit, and said it struck deals to license its content to help train large AI language models, reports Kenneth Li of Reuters. Li reports, “Reuters News revenue rose 11% and adjusted earnings before tax, depreciation and amortization rose 56% from generative AI-related content licensing revenue, the company said. “Hasker […]

Oregonian wins ruling in Nike documents case

A federal judge overturned an order that required The Oregonian/OregonLive to return or destroy Nike documents in its possession and refrain from publishing information from them, reports Matthew Kish of The Oregonian. Kish reports, “The newsroom was working on a separate article, based on independent reporting, about sexual harassment at Nike when it received the documents. Laura […]

Judge orders Oregonion to destroy documents in Nike case

A federal judge on Friday ordered The Oregonian not to publish information from documents it obtained last week from an attorney in a sexual discrimination case against Nike, reports Matthew Kish of The Oregonian. Kish reports, “The attorney, Laura Salerno Owens, who represents the plaintiffs in the case, sent a file of documents to a news reporter […]

NY Times, Bloomberg, Mlex and Law360 ask judge to open Google trial

The New York Times has filed a motion, supported by Bloomberg, The Wall Street Journal, the New York Post, MLex, and Law360, to open a Google antitrust trial to the public and provide timely access to exhibits and testimony, reports Nilay Patel of The Verge. Patel reports, “‘Sealing the courtroom is an extraordinary step in any case,’ argues the […]

Tesla sued over leak to business newspaper

Tesla Motors Inc. faces a proposed class action over an apparent data breach the automaker said was caused when two employees sent information to German business newspaper Handelsblatt, reports Kelsey McCroskey of ClassAction.org. McCroskey reports, “The 38-page lawsuit says that after German media outlet Handelsblatt informed the electric vehicle maker on May 10 that it had […]

TV anchor Ruhle’s relationship with company executive questioned

Khadeeja Safdar of The Wall Street Journal examines the relationship between MSNBC anchor Stephanie Ruhle and Under Armour executive Kevin Plank, noting litigation about her messages to him when she was at Bloomberg Television. Safdar writes, “Plank and Ruhle corresponded regularly and at all hours, according to the documents. In 2016, Plank sent Ruhle what he described as […]

CNN Business hires Glader to be senior editor for companies

CNN Business has hired Paul Glader to be a senior editor overseeing company coverage. Glader previously was a professor of journalism, media and entrepreneurship at The King’s College in New York City, where he also directs the McCandlish Phillips Journalism Institute. He is founder and co-director of the NYC Semester in Journalism (NYCJ) and co-advises the student […]

Reuters adds two to India company news team

Aditya Kalra, company news editor in India for Reuters, sent out the following to the staff: Dhwani Pandya will join the India company news team after more than eight years at Bloomberg, where she reported on energy markets, Indian conglomerates, and themes such as infrastructure and real estate. Dhwani has written stories on billionaire Mukesh Ambani’s […]

Oregonian’s Rogoway wins National Headliner Award for biz coverage

Mike Rogoway of The Oregonian in Portland has won the National Headliner Award for best business news coverage or commentary for “The Data Center Next Door.” The judges wrote, “In ‘The Data Center Next Door,’ reporter Mike Rogoway and The Oregonian look at what happens when the world’s biggest and richest companies come to rural […]

How to cover insider trading

Clark Merrefield of The Journalist’s Resource writes about how business reporters should cover Form 4 filings, which disclose insider trading. Merrefield writes, “The filing in question is called a Form 4, known as an insider trading report. Insiders must file a Form 4 when they buy or sell company shares. “The Securities and Exchange Commission defines […]