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Ex-BusinessWeek EIC Adler Joins Thomson Reuters
Stephen J. Adler, who resigned his post as editor-in-chief of BusinessWeek shortly after the magazine’s sale to Bloomberg, is taking a new role at Thomson Reuters (NYSE: TRI). Adler will become SVP and editorial director of the news service’s Professional division, which covers Legal, Tax & Accounting, and...
Bloomberg: Poverty and Pension Fears Drive Elderly Japanese to Crime
Trader Mark submits: We wrote a few weeks ago [Oct 28: Pooring of Japan Too?] how we were seeing some troubling similarities in Japan to the US - growth in working poor, temporary employment allowing pay without benefits, income gaps increasing after free market reforms, et al. Now comes this...
Cambridge advises against procrastination
A new Bloomberg News survey predicts that economic expansion in the fourth quarter will most likely slow to the weakest pace observed in six years, and this may not be as bad as it gets. At Morgan Stanley Co., Richard Berner, co-head of global economics, describes the credit crunch,...
In Brief
Nektar makes cuts San Carlos-based Nektar Therapeutics said it's cutting spending by $65 million a year, and cutting jobs, to "ensure financial stability." Nektar also said Chief Financial Officer Louis Drapeau, 62, will leave the company in the coming months, according to a statement Wednesday. The company...
Business news in brief
IN THE REGION Keystone Helicopter to sell its medical unit to Seacor Keystone Helicopter Corp., of Coatesville, said yesterday that it had reached an agreement to sell its flight-services division, which operates 35 aircraft for medical operations on the East Coast and in Puerto Rico. The division, which employs 200...
Business news in brief
IN THE REGION Icahn bought 1.1 million Cigna shares in 2d quarter Billionaire investor Carl Icahn bought 1.1 million shares of Cigna Corp., the Philadelphia health insurance company, in the second quarter, according to a filing with the Securities and Exchange Commission. Icahn's stake on June 30 amounted...
U.S. Payrolls Grow by 75,000 in May As Unemployment Rates Falls to 4.6%
Bloomberg NewsThe U.S. economy added 75,000 jobs in May, following a revised 126,000 April increase that was lower than the government initially reported. Labor Department figures showed.Labor also said the unemployment rate fell to 4.6% last month from 4.7%, but wage growth slowed, suggesting employers were wary of stepping up...
Business news in brief
IN THE REGION Exelon restarts its Oyster Creek reactor Exelon Corp., the largest U.S. operator of nuclear-power stations, restarted the 660-megawatt Oyster Creek reactor in New Jersey after shutting the unit down last month to investigate a pump failure. "Two different recirculation pumps needed repair," Pete Resler, a...
Business news in brief
IN THE REGION FTC approves Comcast-Time Warner deal for Adelphia Comcast Corp., Philadelphia, and Time Warner Inc., the two largest cable television operators, won federal antitrust approval to buy the cable TV outlets of bankrupt Adelphia Communications Corp. as part of Time Warner's plan to spin off its...
Eviction deadline looms for famed New York punk club CBGB
NEW YORK AFP — CBGB, the legendary New York City punk nightclub that helped launch the careers of seminal bands like The Ramones and Talking Heads, faced eviction Wednesday at midnight with the expiration of its lease. A last-minute benefit concert starring CBGB alumna Blondie in the afternoon and...
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Industry Transcripts by Seeking Alpha
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Scholastic Corporation F2Q10 (Qtr End 11/30/09) Earnings Call Transcript
on Dec 17, 2009about SCHL
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Warner Music Group F4Q09 (Qtr End 9/30/09) Earnings Call Transcript
on Nov 24, 2009about WMG
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Image Entertainment Inc. F2Q10 (Qtr End 30/09/09) Earnings Call Transcript
on Nov 12, 2009about DISK
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Walt Disney F4Q09 (Qtr End 10/3/09) Earnings Call Transcript
on Nov 12, 2009about DIS
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Nexstar Broadcasting Group, Inc. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about NXST
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