NEW YORK (Reuters) - A New York Times editorial slammed Goldman Sachs GS for its role in the financial crisis and said that instead of paying big bonuses to its employees it should make a multibillion-dollar gift to help reduce the U.S. national debt.The editorial, published November 21, attacked Goldman...
Randy Cohen, who writes "The Ethicist" column in The New York Times, is to East Coast liberals what Judge Judy is to the rest of America: You ask him to solve an argument, and he solves it. Now he's come out against Ralph Lauren and its bobble-head doll ads, and...
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Alexia Quadrani - JP Morgan. Alexia Quadrani - JP Morgan You guys have done such an impressive job on the cost side this year. Could you give us any sense of how much of your actions taken in this severance...
The New York Times launched a new two-page section called "The Bay Area" this past week, and as I was preparing to critique it yesterday, the news broke that the troubled newspaper company will be eliminating another 100 jobs (or 8 percent) from its newsroom between now and the end...
Management at MannKind will doubtless be furious at a New York Times story over the weekend in which a vp for a rival company, Generex, was quoted casting doubt on MannKind's product. The story, under the rubric "novelties," summarized the case for MannKind's inhaled insulin product, Afresa. It quoted an...
Microsoft responded to New York Times columnist Nicholas Kristof's assertion, made in a Nov. 20 column, that Bing offers pro-Chinese-government results for politically sensitive queries inputted in simplified Chinese. Microsoft now asserts that those results are related to what the company calls a "bug" that will be fixed soon, although...
Editor's Note: The following was posted in real time on our premium Buzz & Banter (click for a free trial). It's being shared here for the benefit of the Minyanville community.Greetings from New York where wonks such as me are all slathered up over Rep. Ron Paul’s proposal that the government be allowed to perform detailed audits of the Federal Reserve.As I see it the risk of an audit is politicizing an institution intentionally designed to minimize the impact of the political mood of the day.As I see it metaphorically concerns that the Federal Reserve be susceptible to politicizing ...
Who's going to bring you your local news? Rupert and/or Arthur:
Nov. 20 (Bloomberg) -- The New York Times and Wall Street Journal are pursuing readers from regional U.S. newspapers in their fight to survive the worst advertising declines in the industry’s history.
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Google unveiled new technology to automatically add text captions to YouTube videos, The New York Times reported. The technology can only add English-language captions thus far, but Google told the Times its automatic translation system will enable users to read the captions in 51 languages. The captioning technology will roll...
After being away for a few days, here are some items that look interesting:
• Wall Street’s Spin Game (NYT)
• Dollar Slump Persisting as Top Analysts See No Bottom (Bloomberg)
• Unsustainable Path (Market Talk)
• Riding the Waves (Time) A look at Prechter’s theory of social cycles.
• U.S. Mortgage Delinquencies Reach a Record High (NYT)
• Investors are [...]
After being away for a few days, here are some items that look interesting:
• Wall Street’s Spin Game (NYT)
• Dollar Slump Persisting as Top Analysts See No Bottom (Bloomberg)
• Riding the Waves (Time) A look at Prechter’s theory of social cycles.
• U.S. Mortgage Delinquencies Reach a Record High (NYT)
• Investors are finally seeing the nonsense [...]
There have been very few newsworthy events in today’s session, and even the handful of scheduled speakers lined up had very little effect on FX markets. The only driver therefore has been the performance of global equity markets; and with both European and US indices in negative territory, the USD has been able to make gains across the board. The hardest hit has been GBP which has tumbled over…
BloggingStocks: We've put three quarters behind us in 2009, and the most recent one was merely another miserable step downward for the beleaguered newspaper industry. Total ad revenue plummeted in the third quarter to $6.4 billion for the print jockeys, a decline of ... Read more
BloggingStocks: Activist hedge fund Harbinger Capital disclosed in an SEC filing yesterday that it has sold 2.5 million shares of The New York Times Co. (NYT), reducing the company's largest outside shareholder's stake from to 14.6%. It also sold shares in ... Read more
New York Times Company recently moved into its new headquarters skyscraper located a block off of Times Square in downtown Manhattan. The building was designed by architect Renzo Piano Building Workshop (Genova, Italy). As featured on Electric TV, the 52-story, 1.6 million square foot building features an energy saving Total Light Management System, in which the NECA-IBEW team played a large role in the installation.
Guest: Felix Salmon, Condè Nast Portfolio.com. Microsoft and Yahoo!, airlines and media stocks and a dose of the world economy. Felix brings a fresh perspective on the markets and world economy. Andrew asks Felix if bloggers are here to stay or simply a pest that will fade into the nothingness.
Find out which is Andrew's favorite airline to cross the pond. Who has the best warm nuts?
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