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Media Publishing

  • July 17- Tesla Inc said on Monday that it had appointed two new directors to its board, including Twenty-First Century Fox Inc Chief Executive James Murdoch, increasing its board size to nine. Linda Johnson Rice, who heads Ebony Magazine publisher Johnson Publishing Co, was the other director named to the board. Tesla, led by Elon Musk, has been betting big on its...

  • Reade Brower's purchase of Sun Media Group under the new SJ Acquisition company will close Aug. 1. Brower told the Portland Press Herald he expects most Sun Media Group employees will be rehired. Brower owns MaineToday Media, which includes the Kennebec Journal, the Morning Sentinel and the Portland Press Herald and Maine Sunday Telegram.

  • *ITV appoints Carolyn McCall to replace Adam Crozier. LONDON, July 17- British broadcaster ITV has poached easyJet boss Carolyn McCall to be its next chief executive, hoping she can continue a record of delivering returns for shareholders in the face of intense competition. McCall, who was CEO at newspaper publisher Guardian Media Group before moving to easyJet...

  • *ITV appoints McCall to replace Adam Crozier. LONDON, July 17- British broadcaster ITV said on Monday it had appointed Carolyn McCall, the boss of airline easyJet, as its next chief executive, replacing Adam Crozier who has already stepped down. McCall, who was chief executive at newspaper publisher Guardian Media Group before taking the helm at easyJet in 2010,...

  • LONDON, July 17- British commercial broadcaster ITV said on Monday it had appointed Carolyn McCall, the boss of airline easyJet, as its next chief executive, replacing Adam Crozier who has already stepped down. McCall, who was chief executive at newspaper publisher Guardian Media Group before taking the helm at easyJet in 2010, will start at ITV on Jan. 8, 2018, the...

  • LONDON, July 17- British commercial broadcaster ITV said on Monday it had appointed Carolyn McCall, the boss of airline easyJet, as its next chief executive, replacing Adam Crozier who has already stepped down. McCall, who worked for newspaper publisher Guardian Media Group before taking the helm at easyJet in 2010, will start at ITV on Jan. 8, 2018, the company said.

  • Former Chicago Alderman Edwin Eisendrath and the group of investors beat out Tronc Inc, which owns the Chicago Tribune as well as other U.S. newspapers. Terms of the deal between ST Acquisition Holdings and Sun-Times parent Wrapports LLC were not disclosed. The group is comprised of corporate restructuring expert William Brandt, the Chicago Federation of...

  • A Daimler AG Mercedes Benz M-Class vehicle moves along the production line at the company's international assembly plant in Vance, Alabama, May 28, 2014.

    German carmaker Daimler has been accused of selling over a million cars with excessive emissions in Europe and the United States, Sueddeutsche Zeitung newspaper said on Wednesday.

  • BERLIN, July 12- German carmaker Daimler has been accused of selling over a million cars with excessive emissions in Europe and the United States, Sueddeutsche Zeitung newspaper said on Wednesday, citing a search warrant issued by a Stuttgart court. Two months ago Stuttgart prosecutors searched Daimler sites in Germany following allegations of false...

  • They argued before a three-judge panel of the 9th U.S. Circuit Court of Appeals on Wednesday that the case was a waste of resources. She represents Blurb, a San Francisco- based company that published a book with the selfies taken in Indonesia with an unattended camera belonging to British photographer David Slater. People for the Ethical Treatment of Animals...

  • A 45- minute hearing before a three-judge panel of the 9th U.S. Circuit Court of Appeals in San Francisco attracted crowds of law students and curious citizens who often burst into laughter. PETA attorney David Schwarz argued that Naruto was accustomed to cameras and took the selfies when he saw himself in the reflection of the lens. A federal judge ruled...

  • LONDON, July 12- Top Bank of England official Ben Broadbent is not ready to raise interest rates just yet, he said in a newspaper interview published on Wednesday, substantially lessening the chances that borrowing costs will rise soon. Deputy Governor Broadbent said the mood among businesses was central to his analysis and that it was "very difficult" for the...

  • *FTSE 100 down 0.6 pct at close. LONDON, July 11- Britain's top share index retreated on Tuesday as falls in defensive stocks as well as Pearson and Marks& Spencer overshadowed gains in miners. They included Vodafone, British American Tobacco, AstraZeneca and Diageo, as well as financials Prudential and Lloyds Bank.

  • *Raises around $1 billion from 22 pct stake sale. LONDON, July 11- Pearson is set to raise $1 billion from the sale of a 22 percent stake in book publisher Penguin Random House to majority owner Bertelsmann, in the British group's latest bid to rebuild following a string of profit warnings. Established as a joint venture between Pearson and Bertelsmann in 2013,...

  • *FTSE 100 down 0.6 pct. LONDON, July 11- Britain's top share index retreated on Tuesday as falls in defensive stocks as well as Pearson and Marks& Spencer overshadowed gains in miners. "There's a bit of strength coming through in the pound, which is causing some of the exporters and bond proxy stocks to have some weakness," Jonathan Roy, advisory investment manager at...

  • LONDON, July 11- Britain's Pearson has agreed to sell a 22 percent stake in book publisher Penguin Random House to joint venture partner Bertelsmann for around $1 billion to bolster its balance sheet and return cash to shareholders. The deal, which values the book publisher at an enterprise value of $3.55 billion, will also enable the two groups to recapitalise...

  • LONDON, July 11- Britain's Pearson has agreed to sell a 22 percent stake in the book publisher Penguin Random House to joint venture partner Bertelsmann for around $1 billion to bolster its balance sheet and return cash to shareholders. Pearson, restructuring after a string of profit warnings from its education unit, said the sale would strengthen its balance...

  • handshake merger and acquisitions

    Bankrate on Monday announced it has agreed to be acquired by Red Ventures in an all-cash deal with an enterprise value of about $1.4 billion.

  • Jeff Bezos

    After turning The Washington Post into a profitable business, Amazon founder Jeff Bezos passes along some lessons.

  • BUENOS AIRES, June 14- Ernestina Herrera de Noble, publisher of Argentina's most widely circulated newspaper and one of the country's wealthiest women, died in Buenos Aires on Wednesday, a spokesman for Grupo Clarin confirmed. Late in her tenure, Grupo Clarin, which is listed on the Buenos Aires bourse, became locked in a dispute with former Argentine President...