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  • Nigerian lawyer sent in to clean up state oil giant Thursday, 6 Aug 2015 | 10:17 AM ET

    *New NNPC head had worked for ExxonMobil. ABUJA/ LAGOS, Aug 6- The new head of Nigeria's state oil company is a workaholic stickler for the rules with a strong background in law, qualities he will need if he is to overhaul an organisation notorious for corruption and mismanagement. Emmanuel Ibe Kachikwu, the new managing director of the Nigerian National Petroleum...

  • Aug 5- CBS Corp, owner of the most-watched U.S. CBS, home to shows such as "Madam Secretary", "Scorpion", and "NCIS: New Orleans, said revenue from affiliates and subscription fees jumped 28.3 percent in the second quarter ended June 30. CBS, in addition to its TV broadcast network, owns cable channels Showtime and CBS Sports Network, radio stations and the Simon& Schuster...

  • Aug 4- Magazine publisher Time Inc reported a quarterly profit that handily beat market estimates as aggressive cost cutting more than made up for weak print ad sales, and said it would move more jobs to its operations in India. Like many traditional publishers, Time Inc has been countering falling ad sales in the print business by slashing costs and tapping new...

  • Aug 4- Magazine publisher Time Inc reported a quarterly profit that handily beat market expectations on Tuesday as lower costs more than made up for weak print ad sales. Like many traditional publishers, Time Inc- which was spun off from Time Warner Inc in June 2014- has been struggling as more people read news on smartphones and tablets. The company recorded a net...

  • Time Inc's profit beats Street as costs fall Tuesday, 4 Aug 2015 | 7:31 AM ET

    Time Inc. reported a quarterly profit that handily beat market expectations on Tuesday as lower costs more than made up for weak print ad sales.

  • Aug 4- Magazine publisher Time Inc reported a quarterly profit that handily beat market expectations on Tuesday as lower costs more than made up for weak print ad sales. Like many other traditional publishers, Time Inc- which was spun off from Time Warner Inc in June 2014- has been struggling to grow as readers shift to online media. However, the company recorded a...

  • Time Inc's quarterly revenue falls 5.7 pct Tuesday, 4 Aug 2015 | 6:10 AM ET

    Aug 4- Time Inc reported a 5.7 percent fall in quarterly revenue, hurt by weak print ad sales and a strong dollar. However, the magazine publisher reported a net profit of $24 million, or 22 cents per share, for the second quarter ended June 30, compared with a net loss $32 million, or 30 cents per share, a year earlier. Time, whose titles include People, Sports Illustrated...

  • LONDON, Aug 3- Shares in Trinity Mirror jumped on Monday after heavy cost cuts enabled the British newspaper publisher to overcome the continued fall in print advertising and pay an interim dividend for the first time since 2008.. "It was a tough half year for print advertising," Chief Executive Simon Fox told Reuters. Shares in the group rose 8.3 percent to 144.4...

  • LONDON, Aug 3- British publisher Trinity Mirror said it expected to hit its profit forecasts for 2015 after cost cuts and growth in digital income softened the impact from the continued fall in newspaper print advertising sales. The home to the Daily Mirror newspaper said that while first-half revenue fell 8.7 percent, cost savings helped adjusted profit...

  • J.K Rowling has a lot to celebrate Friday, 31 Jul 2015 | 11:00 AM ET
    J.K Rowling has a lot to celebrate

    J.K. Rowling, the world's first billionaire author, turns 50 years old today.

  • The world's first billionaire author is cashing in Friday, 31 Jul 2015 | 8:50 AM ET
    J.K. Rowling

    J.K. Rowling, the magical mind behind "Harry Potter," turned 50 on Friday and her reign as literary queen is stronger than ever.

  • Rising pop star's summer reading list Thursday, 30 Jul 2015 | 12:17 PM ET
    Christina Grimmie

    Singer/songwriter Christina Grimmie, a season six contestant on "The Voice," is reading Manga thrillers and tales about faith this summer.

  • More fallout for Rolling Stone Thursday, 30 Jul 2015 | 8:00 AM ET
    More fallout for Rolling Stone

    Three University of Virginia graduates sue Rolling Stone over discredited 2014 gang rape story.

  • Dr. Seuss' new release Tuesday, 28 Jul 2015 | 6:00 AM ET
    Dr. Seuss' new release

    The first new Dr. Seuss book in 25 years is published today.

  • Cosby-accusers cover story takes down website Monday, 27 Jul 2015 | 10:00 AM ET
    Cosby-accusers cover story takes down website

    New York Magazine's Cosby-accusers cover story crashes the website.

  • Gawker Media CEO: Time Gawker grew up Monday, 27 Jul 2015 | 7:47 AM ET
    Gawker Media CEO: Time Gawker grew up

    Nick Denton, Gawker Media CEO, discusses the debate over what to publish.

  • Gawker’s future: A conversation with Nick Denton Monday, 27 Jul 2015 | 7:28 AM ET
    Nick Denton, founder and CEO of Gawker Media.

    The founder of the news and gossip website Gawker is intent on introducing new standards, reflecting the changing media environment online.

  • LONDON, July 25- Britain's Pearson said on Saturday it was in talks to sell its 50 percent stake in The Economist Group, publisher of The Economist newspaper. The move comes on the heels of Pearson's sale of the Financial Times newspaper to Japanese media group Nikkei, announced this week as its focuses on its education business. "Pearson confirms it is in...

  • Nikkei CEO: FT is best partner to go global Friday, 24 Jul 2015 | 4:00 AM ET
    Nikkei CEO: FT is best partner to go global

    Tsuneo Kita, Chairman of Nikkei, says the Financial Times has won trust of global readers and the Nikkei wants to help boost that brand.

  • FT and Nikkei deal took many by surprise Friday, 24 Jul 2015 | 4:00 AM ET
    FT and Nikkei deal took many by surprise

    CNBC's Catherine Boyle says it would be hard for Pearson Group to turn down such an offer from Nikkei on the FT Group.