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Stories tagged with Wall Street Journal

Thomas Frank leaves the Wall Street Journal

By A. James Memmott   |   August 13, 2010 at 6:01am   |   1 Comments

The Wall Street Journal has lost its strong liberal voice.

Economic meltdown reshapes list of top women in business

By A. James Memmott   |   November 13, 2008 at 10:40am   |   0 Comments

Crisis management was the name of the game this week, as The Wall Street Journal announced its annual list of “The Top 50 Women to Watch.”

Robert Thomson is heir apparent at the Wall Street Journal

By Carol Eisenberg   |   April 28, 2008 at 7:32am   |   0 Comments

Of course, Rupert Murdoch already has two sons. But after the ouster of Wall Street Journal editor Marcus W. Brauchli, the man said to be most likely to become the paper’s top editor – Robert J. Thomson - is said to be almost an honorary third son.

Natalie Bancroft unlikely choice for News Corp.

By A. James Memmott   |   November 8, 2007 at 9:06am   |   0 Comments

Natalie Bancroft, meet Viet Dinh.

Proving it can cover its own corporate owners with energy, the Wall Street Journal yesterday gave a full account of the latest bumbling and stumbling of the Bancroft family.

Earlier this year, the family, after great indecision and internal debate, agreed to sell Dow Jones & Co., which owned the Journal, to Rupert Murdoch’s News Corp.

Murdoch gets taste of his own medicine

By Gary Jacobson   |   September 8, 2007 at 7:43am   |   0 Comments

CEO Rupert Murdoch earned a salary of $8.1 million in
News Corp.’s most recent fiscal year and total compensation of about
$25 million, according to the company’s proxy statement issued Thursday. That total jumps to $32 million if you count the “theoretical” increase in the value of his pension.

But perhaps the most interesting item in the document is shareholder proposal No. 4, expected to be introduced at News Corp.’s annual meeting next month.

Stephen Mayne of Templestowe, Austrailia, holder of 150 “B” shares, wants the company to create a single class of stock, possibly giving holders of “A” shares full voting rights. The move, the proposal estimates, would reduce the Murdoch family’s holdings from 39 percent of voting stock to less than 15 percent.

Surprise! Gore supports Murdoch

By Muckety   |   July 18, 2007 at 12:27pm   |   0 Comments

The board of directors of Dow Jones said late Tuesday night that itw as “prepared to approve” a buyout offer from Rupert Murdoch, which would give the conservative press baron control of The Wall Street Journal.

Fine, but the real news is that Al Gore says Murdoch is a man of his word who supports independent voices, according to The New York Times.

It’s not often that the Times buries a lead, but this is one of them. The newspaper acknowledged that Gore’s support is an “unlikely endorsement,” but put it at the very end of its main Murdoch-Dow Jones story, posted to its Web site late Tuesday night.

Burkle still chasing a newspaper dream

By Muckety   |   July 9, 2007 at 12:31pm   |   0 Comments

There’s no doubt that Ron Burkle loves newspapers.

In the past year or so, he has explored buying the Tribune Co. and several former Knight Ridder papers. Today, the California billionaire
is scheduled to meet with directors of Dow Jones & Co., publisher of The Wall Street Journal.

None of Burkle’s previous media flirtations has led to anything and some analysts don’t give him much of a chance with Dow Jones. Some members of the company’s controlling Bancroft family, though, are desperately seeking an alternative to a takeover by Rupert Murdoch. Burkle is a Democrat with strong ties to the Bill and Hillary Clinton.


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