Dow Jones reports slight increases in revenue, earnings
Dow Jones & Co., the parent of The Wall Street Journal, MarketWatch.com, Barron’s and Investor’s Business Daily, reported a 3% increase in revenue and a 6% increase in operating income for the first quarter. The company, a subsidiary of News Corp., reported revenue of $552 million and EBITDA earnings of $131 million, up from $537 […]
Dow Jones reports revenue, profit increase in fourth quarter
Dow Jones & Co., the parent of The Wall Street Journal, MarketWatch.com, Barron’s and Investor’s Business Daily, reported a 4 percent increase in revenue and a 3 percent increase in its profit in the fourth quarter, boosted by subscription and circulation growth. The company’s financial performance is included in the financial results of News Corp., […]
News Corp CEO Thomson signals action against AI firm
News Corp. chief executive officer Robert Thomson has signaled that the company is considering legal action against at least one generative artificial intelligence firm, reports John Buckley of Capital Brief. Buckley writes, “In a nearly 2000-word memo to staff, Thomson shared further detail on the company’s approach to generative AI, which he claims has sparked a revolution […]
Dow Jones union members approve new contract
Members of the IAPE 1096 union that represents business journalists at Dow Jones publications The Wall Street Journal, MarketWatch.com and Barron’s have overwhelmingly voted to approve a new four-year contract. A record-high 81% of members voted 97% in favor of a new deal adding, on average, 16.43% to member wages by the end of the […]
Dow Jones, union agree to four-year contract
The union that represents journalists at The Wall Street Journal, Barron’s and MarketWatch and parent company Dow Jones & Co. announced Monday a tentative agreement on a new four-year collective bargaining agreement covering 1,400 employees. The deal, tentatively agreed to by representatives of the union and the company, has been approved by IAPE’s board of […]
MarketWatch senior reporter Swartz departs for TechStrong
MarketWatch.com senior reporter Jon Swartz has left the news organization to become a senior content writer for TechStrong Group. TechStrong is a media company covering IT industries and practices that are re-shaping the world of technology. At MarketWatch, Swartz covered the inner workings of the tech industry accessible to a broad audience of retail investors and […]
Dow Jones union to vote on strike fund
In light of a potential walkout by IAPE-represented employees at Dow Jones and financial hardships that some members may face, the union that represents journalists at The Wall Street Journal, MarketWatch.com and Barron’s is looking to start a strike fund. IAPE President Jodi Green filed a formal motion Wednesday with the union’s board of directors […]
MarketWatch.com reporter Lang now covering work and career
MarketWatch.com reporter Hannah Lang is now covering work and career and writing a regular column on those topics. She has been reporting on the website’s personal finance desk since joining the newsroom in 2023. Lang previously was at The Charlotte Observer covering banking and finance before leaving in February 2023 to freelance. Lang previously interned with the Wall […]
WSJ parent strikes content deal with OpenAI
News Corp., the parent of The Wall Street Journal, Barron’s and MarketWatch.com, announced Wednesday a multi-year agreement to bring news content to OpenAI. OpenAI has permission to display content from News Corp publications in response to user questions and to enhance its products. In addition to providing content, News Corp. will share journalistic expertise to […]
MarketWatch.com hires Gottsegen to cover retail investing
Gordon Gottsegen joined MarketWatch.com as a retail investing reporter, focusing consumers who trade on popular platforms such as Robinhood and Fidelity. In his role he will leverage his experiences to provide investors with real-time and actionable insights to inform their trading decisions. Gottsegen joins MarketWatch from Fennel, an investing app that helps people understand how […]