New York Times reports higher revenue, stock jumps
NEW YORK -- The New York Times Co. stock rose sharply on Thursday after the media company reported that second-quarter revenue increased slightly....
Photos: Andy Warhol's Former NYC Pad on Sale for $5.8 Million
Andy Warhol's former 4-bed townhouse in the the Upper East Side of New York City is listed at $5.795 million. The "pop artist" bought the home in 1959 for $60,000 and lived there for 15 years, sharing the home with his mother and using the main floor as his painting studio, according to the New York Times.
Pulitzers Awarded to Times, Journal
The New York Times won four Pulitzer Prizes while The Wall Street Journal received an award for commentary. The award for breaking-news reporting was given to the staff of the Denver Post for its coverage of the movie- theater shooting.
A Bentley Boom? Rising Sales for Luxury Automakers Like Bentley, Jaguar, Porsche
So much for scaling back. The world’s rich and elite — or those who just want to appear so — have been cracking open their wallets in a big way lately, and luxury automakers are the beneficiaries. Bentley Motors announced that sales in the first quarter of 2013 were up 26% globally compared to the same period last year. Sales in the Americas increased 35% for the same time frame. The automaker, which is known for high-price, high-end models like the new Flying Spur (MSRP from $200K), still has a very small portion of the auto market. Just 2,212 new Bentleys were delivered to customers worldwide during the first three months of 2013, compared to 1,759 the year before. Even so, Bentley isn’t a mass-market type of operation, and the automaker is on pace for what it would consider a huge year. In 2011, for example, global sales hit 7,003, a 37% increase over the previous year. This year, Bentley should easily top that 2011 sales total. More importantly, in terms of gauging the state ...
Taylor Family Mulls Bid to Buy Back Globe
The Taylor family, which sold the Boston Globe to New York Times Co. in 1993, is contemplating making an offer to buy the paper back.
Boston Globe former owner mulls buying back paper
The Taylor family, which sold the Boston Globe to the New York Times Company in 1993, is contemplating making an offer to buy the paper back.