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The New York Times Co. said Wednesday that fourth-quarter earnings plunged 48 percent and online sales fell for the first time as the recession depressed spending by advertisers. The results still beat analyst estimates, and its shares rose more than 7 pe
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AP, New York
Union workers at The New York Times will accept a 5 percent pay cut through the end of the year to help the newspaper avert more layoffs.
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AP, Chicago
A Chicago investment banker says he might make a bid for the bankrupt Chicago Sun-Times Media Group.
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AP, New York
Union employees at The New York Times scheduled a vote Monday on a temporary 5 percent pay cut, a step Times management hopes will head off any need for additional...
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A Delaware bankruptcy judge has approved several motions in the Chapter 11 case of the Sun-Times Media Group.
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The New York Times Company Foundation will suspend new grant awards and matching gifts because of the financial strains brought on by the recession.
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Weighing in on the future of The Boston Globe, New York Times Co. Chairman Arthur Sulzberger Jr. says “we hope to place this great newspaper on a path to...
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The New York Times Co. says its first-quarter losses worsened amid a dramatic downturn in advertising revenue at its newspapers.
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_ The New York Times Co., the owner of one of the world’s most respected newspapers, is scheduled to report its first-quarter results before the market opens...
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The New York Times is cutting sections and trimming its budget for freelance contributions in another round of belt tightening aimed at coping with a steep decline in...
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AP,
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The New York Times Co. has sold 21 floors of its headquarters building near New York’s Times Square.
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The New York Times Co. suspended dividend payments to shareholders Thursday, further underscoring the financial stress that’s hobbling some of the nation’s...
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Miami:
In this Sept. 8, 2008 file photo, Rosa Quiroz, of the American Red Cross, talks to a reporter at a shelter in Miami, as Gulf Coast residents from Florida to Texas are kept a wary eye on Hurricane Ike’s unpredictable path. The worsening recession in...
