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New York Times Co

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  • NEW YORK, May 1- A former ally of New Jersey Governor Chris Christie is expected to plead guilty on Friday to criminal charges related to the George Washington Bridge closure scandal, according to several news reports. David Wildstein, who had been a senior Christie appointee to the Port Authority of New York and New Jersey, is expected to plead guilty in the first...

  • April 30- New York Times Co reported a better-than-expected quarterly profit as its cost-cutting initiatives offset a decline in revenue. The New York Times, like several newspaper and magazine publishers, has been under relentless pressure to replace an evaporating pool of print advertising dollars, once the lifeblood of newspapers, with digital ads and...

  • Cost cuts push up New York Times profit Thursday, 30 Apr 2015 | 8:53 AM ET

    April 30- New York Times Co reported a 4.6 percent rise in quarterly adjusted operating profit despite dwindling print ad sales as cost-cutting initiatives paid off. Adjusted operating profit rose to $59.2 million in the first quarter from $56.6 million a year earlier. Excluding items, earnings from continuing operations rose to 11 cents per share from 7...

  • LONDON, April 22- Greek debt markets are close to fully pricing in another default and fears that Athens might leave the euro zone have reached new heights, but there is no obvious sign that investors expect a spillover to the rest of the region. The head of Eurogroup finance ministers, Jeroen Dijsselbloem, the International Monetary Fund's European head, Poul...

  • ATHENS/ BRUSSELS, April 22- Greece can scrape together enough cash to meet its payment obligations until June, euro zone and Greek officials said on Wednesday, playing down fears of an imminent default as hopes receded of a deal with its creditors to release fresh aid. Greece has received two international bailouts worth 240 billion euros since 2010 but its...

  • LONDON, April 22- Greek bond yields held around their highest levels since the country's default in 2012 on Wednesday, but deepening fears that it might leaving the euro zone had little impact on the bloc's other heavily indebted countries. Analysts drew a little comfort from the fact that yields close to 30 percent for two-year debt had at least not risen, while...

  • UPDATE 1-Bernanke to advise hedge fund Citadel - NYT Thursday, 16 Apr 2015 | 3:38 AM ET

    Federal Reserve, has agreed to become a senior adviser to Citadel Investment Group, a $25 billion hedge fund founded by billionaire investor Kenneth Griffin, the New York Times reported on Thursday. Bernanke's predecessor, Alan Greenspan, joined hedge fund Paulson& Co as adviser in 2008. Jeremy Stein, a Federal Reserve Board governor for two years, joined hedge...

  • Bernanke to join hedge fund Citadel as adviser - NYT Thursday, 16 Apr 2015 | 1:20 AM ET

    Federal Reserve, will become a senior adviser to hedge fund Citadel Investment Group, the New York Times reported. Bernanke told the New York Times that he was sensitive to the public's anxieties about the "revolving door" between Wall Street and Washington and chose to go to Citadel, in part, because it "is not regulated by the Federal Reserve and I won't be doing...

  • NEW YORK, April 14- BlackRock Inc chief Larry Fink has asked the top executives of the 500 largest publicly listed U.S. companies urging them to take a long-term approach to create value for shareholders or risk losing his firm's support. BlackRock is the world's largest asset manager. Through March, buyback authorizations totaled $257 billion, the fastest...

  • NEW YORK, April 14- Larry Fink, chief executive officer of BlackRock Inc, has sent a letter to the chief executives of the 500 largest publicly listed U.S. companies urging for a long-term approach to creating value for shareholders or risk losing its support. BlackRock is the world's largest asset manager. The company made Fink's letter available to Reuters...

  • WASHINGTON, April 10- The United States is planning to impose a major new regulation on offshore oil and gas drilling to try to prevent the kind of explosions that caused the catastrophic BP Plc oil spill in the Gulf of Mexico, the New York Times reported on Friday, citing Obama administration officials. The Interior Department could make the announcement as...

  • NEW YORK, April 10- News Corp and 21st Century Fox, controlled by Rupert Murdoch, are in talks to build a joint headquarters in a new 88- story skyscraper at the World Trade Center in lower Manhattan, The New York Times said on Friday. "21st Century Fox and News Corp are each exploring options for their New York headquarters and the process is ongoing," a spokesman for...

  • April 8- Opening another front in the legal challenges to U.S. government surveillance, a human rights group has sued the Drug Enforcement Administration for collecting bulk records of Americans' telephone calls to some foreign countries. Lawyers for Human Rights Watch filed the lawsuit on Tuesday in U.S. District Court in Los Angeles. Human Rights Watch, a...

  • April 8- Apple Inc's "beautiful" and "stylish" smartwatch could make life easier for people on the move, reviewers say, but the gadget gets poor marks for battery life and slow-loading apps. The watch, the first new product to be launched by Apple under Chief Executive Tim Cook, will hit stores on April 24. "For now, the Apple Watch is for pioneers," the Wall Street Journal's...

  • But delays in the U.S. Congress in finalizing the Trade Promotion Authority that President Barack Obama needs to streamline its passage through Congress have raised doubts about whether it can be achieved. He called on Congress to pass the presidential trade authority, saying the TPP was one of the most important parts of the Obama administration's "...

  • NEW YORK, April 6- The University of Virginia fraternity at the center of Rolling Stone's retracted article "A Rape on Campus" said on Monday it planned to sue the magazine for what it called "reckless" reporting that hurt its reputation. Phi Kappa Psi's announcement came a day after a team from the Columbia University Graduate School of Journalism concluded in a...

  • NEW YORK, April 6- The University of Virginia fraternity chapter at the center of Rolling Stone's retracted article "A Rape on Campus" said on Monday that it planned to sue the magazine for what it called "reckless" reporting that hurt its reputation. The announcement came a day after a team from the Columbia University Graduate School of Journalism concluded the...

  • Twelve Asia-Pacific nations have been trying to conclude a trade agreement known as the Trans-Pacific Partnership. But delays in the U.S. Congress in finalizing the Trade Promotion Authority that President Barack Obama needs to streamline its passage through Congress have raised doubts about whether it can be achieved. He called on Congress to pass the...

  • NEW YORK, April 1- What inspires you? It's a simple question that is not always easy to answer. Claim to fame: #1 New York Times bestselling author, life and business strategist.

  • BEIJING, March 31- China will punish Internet companies including Tencent Holdings Ltd, Youku Tudou Inc and Baidu Inc's iQiyi for hosting videos suspected of containing violence and pornography, which it said causes juvenile delinquency. The offending material is primarily Japanese animation on the video streaming websites of Tencent, Youku Tudou, iQiyi,...