NEW YORK _ News Corp. on Thursday reported fiscal second-quarter earnings of $63 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share. News Corp. shares have fallen almost 9 percent since the beginning of the year, while the Standard& Poor's 500 index has fallen slightly more than 6 percent.» Read More
Cormac McCarthy has written more than a dozen novels on a portable Olivetti manual typewriter he bought in a Knoxville, Tenn., pawnshop around 1963 for $50. With this machine starting to break down, McCarthy agreed to auction it donate the proceeds to the Santa Fe Institute, a nonprofit interdisciplinary scientific research organization with which both men are affiliated.
A consortium of magazine publishers including Time and Condé Nast plan to jointly build an online newsstand for publications in multiple digital formats, according to people with knowledge of the plans.
Playboy Enterprises is in preliminary talks to sell itself to Iconix Brand Group, people familiar with the matter said.
The Wizarding World of Harry Potter, the keenly anticipated Florida theme park, will open in the spring and allow visitors to tour Hogwarts, buy quidditch gear and drink butterbeer.
Google, long seen as an enemy by many in the news industry, is making a bold attempt to be seen as a friend with a new service it hopes will make it easier for readers to read newspaper and magazine articles.
The dream of quitting the day job and making a living from blog revenue has proved to be far-fetched for most bloggers. But a few entrepreneurs have found success in blog networks.
Almost 48 years after it was first published, “Mastering the Art of French Cooking” by Julia Child is finally topping the best-seller list, bringing with it all the butter, salt and goose fat that home chefs had largely abandoned in the age of Lipitor.
Hadassah, the Jewish volunteer organization, knew it had invested $40 million with Bernard L. Madoff by the late 1990s. It also knew it had taken more than $130 million from its Madoff accounts and still had millions on the books when the vast Ponzi scheme was revealed in December.
Wikipedia is engulfed in a furious debate with psychologists who are angry that the online encyclopedia has reproduced the 10 original Rorschach plates online, for free.
Apparently Tina Turner was right: We don't need another hero. That ship captain who was held hostage by Somali pirates got a book deal that was just a fraction of the deal that other hero, the pilot who landed a jetliner safely in the Hudson, got. What's the matter — do we have "hero fatigue?!"
A Michael Lewis review in The New Republic of Warren Buffett's authorized biography can, and has, been seen as a renewed attack by the well-known business journalist on the Oracle of Omaha. But it also culminates in a defense of Buffett as a "real live human being" who has remained "deeply admirable."
Vampires are having their moment in, well, if not the sun, then certainly the Twilight. Author Stephenie Meyer's series of books about the romantic yearnings of an undead teen are the, uh, lifeblood of the book business these days.
Stocks ended a rocky session higher Thursday as investors were encouraged by JPMorgan's results and techs rallied amid anticipation of better results from Google after the bell.
An early pop fizzled Thursday as investors digested a mixed bag of economic and earnings news. Banks were mixed as techs gained.
Futures pointed to a higher open Thursday as investors shrugged off some dismal data points, choosing to focus on a drop in the headline jobless-claims number.
Warren Buffett's authorized biographer will not be hosting a "sage advice" dinner featuring the Omaha billionaire at this year's Berkshire Hathaway annual meeting, bringing a decade-long tradition to an end. Since 1998, Snowball author Alice Schroeder has invited up to several hundred guests to hear Buffett answer questions in an informal, off-the-record, event. The New York Times reports that Buffett has canceled this year's dinner, "apparently because of his displeasure with some aspects" of Schroeder's book.
President George W. Bush will be on TV tonight to deliver his farewell address. He has said, “Whatever I say, it shouldn’t be very long.” I’m sure he’s saving the "long" stuff for his book. But will his book be the must-read? Vote now.
Ever since Google began scanning printed books four years ago, scholars and others with specialized interests have been able to tap a trove of information that had been locked away on the dusty shelves of libraries and in antiquarian bookstores, the New York Times reports.
For a decade, consumers mostly ignored electronic book devices, which were often hard to use and offered few popular items to read. But this year, in part because of the popularity of Amazon.com’s wireless Kindle device, the e-book has started to take hold, the New York Times reports.
In a web-only video interview, Warren Buffett biographer Alice Schroeder talks with CNBC's Tyler Mathisen about Buffett's disciplined work ethic, his greatest fear, and his friendships through the years.