Union, Dow Jones remain far apart on salary request
The union that represents business journalists at Dow Jones & Co. and the company held a negotiation session on Thursday but continued to differ on future salary increases. The union, IAPE 1096, has asked for a 10 percent increase in 2023 and 8 percent increases in 2024 and 2025. The company, meanwhile, has been offering […]
Barron’s EIC Cho to also be head of Dow Jones wealth and investing content strategy
Dan Shar, executive vice president and general manager of Dow Jones Wealth & Investing, sent out the following: Team, On the heels of Almar’s note, David and I wanted to share some additional clarity. As mentioned, David [Cho] now serves as both the Editor in Chief of Barron’s and adds the newly created role of […]
Dow Jones, union agree to new minimum pay for reporters
Dow Jones & Co., the parent of The Wall Street Journal, MarketWatch.com and Barron’s, and the union that represents business journalists have agreed to a new base pay for starting reporters as part of new contract negotiations. Upon conclusion of the contract negotiations, the new minimum salary for full-time reporters will be $72,800, a $9,500 […]
Activist hedge fund wants WSJ parent to split up
Activist hedge fund Starboard Value is seeking a split of News Corp., the parent of The Wall Street Journal, Barron’s and MarketWatch.com, reports Patrick Temple-West, Anna Nicolaou and Ortenca Aliaj of The Financial Times. Temple-West, Nicolaou and Aliaj report, “News Corp shares are up 20 per cent this year, outperforming the broader US market and giving […]
News Corp CEO Thomson compensation slightly down
Robert Thomson, the CEO of News Corp., which is the parent of The Wall Street Journal, Barron’s, MarketWatch.com and Investor’s Business Daily, saw his compensation decrease slightly during its 2023 fiscal year. Thomson received $19.3 million in total compensation for the year, down from $19.7 million in the previous year, according to the company’s proxy […]
Dow Jones reports highest profit since News Corp acquired it
Dow Jones & Co., the parent of The Wall Street Journal, MarketWatch.com, Barron’s and Investor’s Business Daily, reported a fourth-quarter profit of $133 million, a 25% increase from the same quarter a year ago and its best quarterly performance since it was acquired by News Corp. in 2007. Revenue for the quarter was $546 million, […]
Kim of Barron’s to write book on Nvidia
Barron’s senior writer Tae Kim has signed a contact with W.W. Norton to write a book about technology company Nvidia. The book is tentatively called “The Nvidia Way.” Kim was previously a technology columnist at Bloomberg Opinion and a tech reporter for Barron’s. He also has covered equities and markets as an investing journalist for CNBC Digital. Before […]
TradingView adds Dow Jones content
Retail investing platform TradingView has struck a deal to add Dow Jones Newswires content to its website and mobile applications. The agreement includes The Wall Street Journal, Barron’s and MarketWatch.com content. “We pride ourselves on providing the most trusted journalism, data and analysis to help the global financial community make smarter, faster decisions,” said Joe […]
Barron’s Group ME Pettit becomes ME of strategy and operations at Dow Jones
Frank Filippo, executive vice president of B2B and operations at Dow Jones & Co., sent out the following: Team, As we continue to seek ways to promote cross-functional collaboration and foster growth, I’m pleased to share that Dave Pettit has joined the operations leadership team as Managing Editor, Strategy and Operations, reporting to me. We’re excited to expand […]
Barron’s hires Leonhardt as senior economics writer
Barron’s has hired Megan Leonhardt from Fortune magazine to be a senior economics writer. At Fortune, she has been covering the intersection of policy and finance for the past two years. Leonhardt has also been a senior money reporter at CNBC. She was also a writer at Money. She was also an associate editor, and then served as […]