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Reuters to face 'lock-in' antitrust probe
Europe's competition watchdog has opened a full inquiry into the datafeed supply agreements between Thomson Reuters and its trading customers. The European Commission suspects the agreements might "lock" users, such as large banking groups, into working with the news and financial data company and breach antitrust rules. The Commission said...
Study could slash 20% off Merck's cholesterol meds
As November 16 nears, hard-core pharma-watchers are biting their nails. That's when researchers will unveil the latest trial of Merck's cholesterol meds Vytorin and Zetia. As you know, the study in question puts Merck's drugs up against Abbott Laboratories' drug Niaspan. Negative results for Vytorin and/or Zetia would be yet...
Pfizer Must Pay $75M In Damages Over Prempro
The punitive damages will go to an Illinois woman, Connie Barton, who developed cancer after taking Prempro, Bloomberg reports, although the amount was sealed last week by a Pennsyvlania state court judge until another trial begins. A jury also awarded her $3.7 million in compensatory damages after finding the conduct...
How Bloomberg Did As A Digital Campaigner
If you have a war chest of $16 billion to throw at TV and print advertising, you don’t need to mess around with piddly little banner ads, right? Well, while Mayor Bloomberg did indeed blitz New Yorkers with print mailers and TV ads, he didn’t exactly ignore the digital...
Bloomberg.com May Charge Up To $1,000 A Year For News Feeds
All aboard the paid content bandwagon: having signaled that its newly acquired Businessweek.com may raise the paywall for certain types of content, Bloomberg is now considering charging Bloomberg.com users up to $1,000 a year to access certain areas of the site from next year.WSJ reports, citing sources, that Bloomberg.com...
BusinessWeek Under Bloomberg: May Charge For Some Online, Bulk Up Mag
At an all-hands meeting at BusinessWeek’s offices today, new owner Bloomberg’s chief content officer Norman Pearlstine revealed some of the plans for the mag going ahead, according to Mediaweek, citing a source at the meeting. Among the plans he talked about: “increase the number of pages in the magazine,...
Matt Winkler On BusinessWeek Buy And Bloomberg's India Expansion
Matthew Winkler is the editor-in-chief of Bloomberg News, and was in India this week related to its expansion in the country and recent tie-up with UTV News. Our ContentSutra editor Sruthijith KK spoke to on the India plans, and also about the company’s recent BusinessWeek acquisition. On rumors about...
If Zelnick Did It, BusinessWeek Edition; Keith Fox Out
So Thomson Reuters’ involvement in the BusinessWeek bid was even deeper than I first reported. Peter Kafka reports, based on a source, about ZelnickMedia’s plans if the PE firm would have been successful at buying the troubled magazine, including closing the print edition, dump all staff and replace with...
U.S. Labor Agency Mulls New Airline Union Proposal: Report
(Reuters) - National Mediation Board, a U.S. federal labor-management relations agency, is considering a proposal to allow airline workers to form unions with the majority approval of those voting, Bloomberg news agency said, citing people familiar with the matter.AFL-CIO, the largest U.S. labor federation had asked the board for a...
Earnings: McGraw Hill Expects Slight Gain From BusinessWeek Sale In Q4
McGraw Hill expects a $0.02 per share gain when the sale of BusinessWeek closes in Q4, the company said in its Q3 earnings report. That increase amounts to $9.3 million before taxes and $5.9 million after taxes from Bloomberg taking the publication off its hands. Earlier this month, Bloomberg’s...
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