Investor’s Business Daily to become a weekly, 20 news jobs to be cut
Investor’s Business Daily, which has published five days a week since its founding in 1984, will announce next week that it will become a weekly newspaper and will focus its editorial efforts more online. The change is expected to take effect on May 2, Talking Biz News has confirmed. The Los Angeles-based newspaper will be put […]
Yahoo drops real estate, auto websites
Martha Nelson, global editor-in-chief of Yahoo, sent out the following announcement on Wednesday: On our recent earnings call, Yahoo outlined out a plan to simplify our business and focus our effort on our four most successful content areas – News, Sports, Finance and Lifestyle. To that end, today we will begin phasing out the following […]
Canadian Business magazine may close
Canadian Business, the country’s oldest publication of its kind, may be on the verge of closing its doors after 87 years, writes Althia Raj of Huffington Post. Raj writes, “Rogers Media Inc., which owns Canadian Business, is looking at shuttering the publication, several company sources told The Huffington Post Canada. “Canadian Business is losing subscribers and ‘there […]
New England Business Journals to merge with papers
The New England Business Journals will merge with the Sunday Rutland Herald and Barre-Montpelier Times Argus. A story on the Times-Argus website states, “The four monthly New England Business Journals will merge with the Sunday paper in February. The free monthlies include the Rutland Business Journal, Champlain Business Journal, Valley Business Journal, and Battenkill Business […]
Dayton biz magazine to stop print edition
In a note in the December 2015 issue of Dayton B2B Magazine, Rich Gillette, business editor for the Dayton Daily News, said the company will stop printing the monthly publication and move its content to the Dayton Daily News new Web site, writes Tristen Navera of the Dayton Business Journal. Navera writes, “Gillette tells me that Springfield […]
Three executives leaving in Consumer Reports reorganization
Consumer Reports CEO Marta Tellado sent out the following announcement to the staff on Thursday: Dear Colleagues, I want to share with you today some important changes that will help propel us further along the strategic path to our future. Our journey is marked by exciting opportunities and difficult choices but ultimately, thanks to your innovation and hard […]
Crain’s New York losing money, print schedule debated
Keith Kelly of the New York Post reports that Crain’s New York Business may have lost as much as $1 million in 2014, and its weekly publication schedule is being debated. Kelly writes, “Parent Crain Communications is also considering cutting the frequency of the 30-year-old weekly, printing it every other week to cut annual losses […]
Crain’s New York lays off 40 percent of editorial staff
Crain’s New York Business on Thursday laid off a dozen reporters and editors — 40 percent of its full-time editorial staff — with publisher Jill Kaplan citing a need to “re-align the brand’s costs with its revenues,” according to people who described the company’s explanation for the downsizing. Editor Glenn Coleman told his staff he […]
WSJ Sunday editor says goodbye to readers
Wall Street Journal Sunday editor David Crook wrote the following in its last issue, scheduled for Sunday: This is the 805th—and last—issue of The Wall Street Journal Sunday. It’s with the deepest sadness that I write that. I conceived of WSJ Sunday in 1998. With the help of hundreds of colleagues at The Wall Street […]
Merrion leaves Crain’s Chicago, which closes DC bureau
Paul Merrion, who has been with Crain’s Chicago since it opened in 1978, is leaving the business weekly, which is closing its Washington bureau. In a note to friends and sources, Merrion wrote: Greetings! Just wanted to let you know that I’m leaving Crain’s Chicago Business and Crain Communications. To reduce costs, CCB is closing […]