CNBC's Julia Boorstin updates us on recent acquisition deals for trophy publishing assets by high-net-worth individuals. Steven Levy, Wired senior writer, provides insight into Jeff Bezos-Washington Post deal.
The "Squawk on the Street" news team; Michael Santol, Yahoo! Finance, and Dennis Berman, The Wall Street Journal, take a look at today's top business stories, including the Washington Post selling its newspaper publishing business to Amazon CEO Jeff Bezos for $250 million. CNBC's Julia Boorstin breaks down the details of the deal and provides and update on the feud between CBS and Time Warner Cable. Also Credit Suisse downgrades IBM.
U.S. stock index futures were slightly lower Tuesday with investors looking for fresh catalysts to further propel the recent market gains that pushed major averages to record highs.
Some of the names on the move ahead of the open.
Amazon CEO Jeff Bezos is personally purchasing the newspaper for $250 million, reports CNBC's Julia Boorstin. And Rick Edmonds, Poynter Institute analyst, provides analysis of the future of print media and what Bezos will likely do with the brand.
Jeff Bezos is set to purchase the publishing business of The Washington Post for $250 million. What "magic" can Bezos do? Jeff Kilburg, KKM Financial, and Jim Iuorio, TJM Institutional Services, discuss. Also, perspective on the Herbalife saga.
Bezos will buy The Washington Post Co.'s newspaper publishing business for $250 million as an individual, not through Amazon.
The sale of The Washington Post could mean a lack of profits for new owner Jeff Bezos of Amazon.com, Brad Safalow of PAA Research says.
For the first time since 2008, the Washington Post stock is reaching $600 after hours on news Jeff Bezos is acquiring its publishing business. Bradley Safalow, PAA Research analyst, provides perspective.
Check out which companies are making headlines after the bell Monday:
The sale of The Washington Post could be a turning point for its parent company and result in a lack of profits for new owner Jeff Bezos of Amazon.com, Brad Safalow of PAA Research.
CNBC's Julia Boorstin reports Amazon's Jeff Bezos is buying Washington Post's publishing business for $250 million.
CNBC's Julia Boorstin and Mary Thompson reports Amazon's Jeff Bezos will purchase the Washington Post newspaper for $250 million. A name change for the paper will be in store.
CNBC's Mary Thompson reports Amazon's Jeff Bezos will purchase the Washington Post's newspaper publishing business for $250 million.
U.S. stock index futures were mixed in choppy trading on Thursday, after the U.S. economy created fewer jobs than expected in July.
What a week! "Talking Squawk" highlights include earnings out the wazoo, "Carlos Danger" stage names, Cialis performance rankings and National Hot Dog Day.
Total U.S. spending on ads was virtually flat in the first quarter of 2013, with a 0.1 percent year-on-year decline, while the outlook remains subdued, according to a study from Kantar Media.
Yahoo said U.S. law enforcement agencies made between 12,000 and 13,000 requests for data in the last six months, the latest in a series of disclosures by technology companies.
IAC/InterActive Corp is seeking potential buyers for Newsweek, the magazine that stopped U.S. print publications last year, sources told Hollywood trade paper Variety on Tuesday.
The Washington Post plans to start charging for some digital content starting this summer, becoming one of the last major U.S. newspapers to do so.