LA Daily News cuts stock listings

Ron Kaye, the editor of the Los Angeles Daily News, writes Monday that the paper will be making some changes to its business coverage, including cutting its stock listings.

Kaye wrote, “We know that news about local business and national trends is extremely important so we will continue our strong Sunday Business package with the Wall Street Journal and introduce Valley Inc. next Monday, which will be dedicated to local business.

“Full coverage of business, economic and consumer news will continue in the second section, but something will be missing: stock tables. Like nearly every other newspaper, we are cutting back daily stock listings to a market roundup and important local companies. Instant quotes on the Internet and business channels on television have reduced the value of listings for most people.

“I believe these changes will help the Daily News to serve more people better.”

Read more here.