Newspaper publishing

The Los Angeles Times building is seen in downtown Los Angeles on Wednesday, Feb. 7, 2018. Dr. Patrick Soon-Shiong, a biotech billionaire, struck a $500 million deal Wednesday to buy the Los Angeles Times, ending the paper's quarrelsome relationship with its Chicago-based corporate overseers and bringing it under local ownership for the first time in 18 years. (AP Photo/Richard Vogel)
February 08, 2018 - 1:34 am
LOS ANGELES (AP) — The struggling Los Angeles Times found a local savior in a biotech billionaire willing to buy the storied newspaper from a corporation half a continent away, but the change of ownership brings its own set of questions and uncertainty. Dr. Patrick Soon-Shiong agreed to pay $500...
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FILE - In this Jan. 10, 2017, file photo, pharmaceuticals billionaire Dr. Patrick Soon-Shiong waves as he arrives in the lobby of Trump Tower in New York for a meeting with President-elect Donald Trump. The Los Angeles Times is reporting its parent company is in talks to be sold to Soon-Shiong. The Washington Post first reported Tuesday, Feb. 6, 2018 that the sale was being negotiated by Tronc Inc., formerly Tribune Publishing. The Times then reported that the price was $500 million and would include the San Diego Union-Tribune. Chicago-based Tronc owns 10 U.S. newspapers. (AP Photo/Evan Vucci, File)
February 07, 2018 - 2:23 pm
LOS ANGELES (AP) — The man buying the Los Angeles Times is a 65-year-old physician-entrepreneur described by Forbes Magazine as "America's richest doctor," and one who has said his goal is to cure cancer in his lifetime. Dr. Patrick Soon-Shiong also is a basketball fanatic who shoots hoops on a...
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FILE - In this May 16, 2016, file photo, pedestrians look at news photos posted outside the Los Angeles Times building in downtown Los Angeles. It was announced Wednesday, Feb. 7, 2018, that the Los Angeles Times is being sold to Dr. Patrick Soon-Shiong, a local billionaire, for $500 million, ending its strained tenure under the owner of the Chicago Tribune. Soon-Shiong is a major shareholder of Chicago's Tronc Inc., one of the richest men in Los Angeles and, according to Forbes, the nation's wealthiest doctor, with a net worth of $7.8 billion. (AP Photo/Richard Vogel, File)
February 07, 2018 - 11:15 am
LOS ANGELES (AP) — The Latest on the sale of the Los Angeles Times (all times local): 8:05 a.m. Tronc Inc. says former Los Angeles Times publisher Ross Levinsohn has been cleared of wrongdoing after an investigation into why he was named a defendant in two sexual harassment lawsuits. Levinsohn will...
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February 06, 2018 - 8:00 pm
NEW YORK (AP) — The New York Liberty are remaining under the control of New York Knicks owner James Dolan and Madison Square Garden for now. The WNBA team was put up for sale in November. An MSG executive confirmed to The Associated Press on Tuesday that Dolan's group has decided to keep the...
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February 01, 2018 - 10:35 am
ROANOKE RAPIDS, N.C. (AP) — Paxton Media Group of Kentucky is buying a newspaper in North Carolina. The Daily Herald of Roanoke Rapids reported it has been purchased by Paxton from Wick Communications. Paxton Media of Paducah, Kentucky, owns 35 daily newspapers, a television station and numerous...
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January 22, 2018 - 3:52 pm
NEW YORK (AP) — Media mogul Rupert Murdoch says Facebook should pay fees to "trusted" news producers for their content. Facebook said last week that it will boost news sources that its users rank as most trustworthy , while shrinking the percentage of news posts overall in users' news feeds...
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FILE - In this May 16, 2016 file photo passersby look at news photos posted outside the Los Angeles Times building downtown Los Angeles. Los Angeles Times journalists have voted to unionize for the first time in the paper's 136-year history. The National Labor Relations Board on Friday, Jan. 19, 2018, announced results of a Jan. 4 newsroom vote. (AP Photo/Richard Vogel,File)
January 19, 2018 - 5:49 pm
LOS ANGELES (AP) — Los Angeles Times journalists have voted to unionize for the first time in the newspaper's 136-year history while its chief executive is taking an unpaid leave of absence amid allegations of improper behavior, it was reported Friday. A National Labor Relations Board tally found...
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January 14, 2018 - 11:40 am
BERLIN (AP) — German weekly news magazine Der Spiegel reports that the owners of European fashion chain C&A are considering selling the company to a Chinese investor. Der Spiegel published a report online Sunday that cited unnamed company sources saying a deal is close to completion. C&A...
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December 18, 2017 - 11:16 am
TAX AGREEMENT AND SMALL BUSINESSES The Republican agreement on a tax bill gives many small company owners breaks on their business income taxes and allows them to deduct a larger portion of their equipment purchases. But many owners are also losing out on savings including the ability to deduct all...
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In this Dec. 13, 2017 photo, Arthur O. Sulzberger Jr., left, poses with his son, Arthur Gregg Sulzberger, on the 16th floor of the New York Times building in New York. The New York Times announced on Thursday, Dec. 14, 2017, that Arthur O. Sulzberger Jr., will step down as publisher on Dec. 31, 2017, and will be succeeded by Arthur Gregg Sulzberger, who is currently deputy publisher. The elder Sulzberger will remain as chairman of the board of directors. ( Damon Winter/The New York Times via AP)
December 14, 2017 - 7:25 pm
NEW YORK (AP) — The publisher of The New York Times Co. is stepping down after 25 years and will be succeeded by his 37-year-old son, the Times announced Thursday. Arthur O. Sulzberger Jr. will retire as of Dec. 31 but will remain as chairman of the board of directors, the Times said. His son and...
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