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Time’s new (t)issue
Time Warner CEO Jeff Bewkes has hit on a way to cut costs at the soon-to-be-spun-off Time Inc. magazine division by printing all of its big weeklies on razor-thin paper…
Sotheby’s auctions off its headquarters
Going once, going twice, sold — and leased back. At least that’s the plan, we’ve learned, for Sotheby’s current Upper East Side world headquarters. We hear investment sales gurus Douglas…
Live ’wire
Charlie Ergen’s Dish Network said yesterday it would abandon its pursuit of wireless provider Sprint and instead focus on a tender offer for Clearwire. Dish said that it wouldn’t make…
Apple beat up publisher: US
Apple threatened to keep the books from one publisher off its iPad because the company wouldn’t agree to all of its demands, a federal court judge was told yesterday.Random House,…
Upgrade boosts Groupon
Groupon shares, which have been tattered since the daily deals company went public 19 months ago, spiked 11.5 percent yesterday after one analyst said it was making progress in mobile.…
Mortgage rates rise, near 4%
Fear that the Federal Reserve will soon cut back on its $85 billion a month bond purchases has forced mortgage rates to rise for six straight weeks — putting the…
JPM risk officer may be out
John Hogan, named chief risk officer at JPMorgan Chase as its “London Whale” trades began racking up huge losses, may leave the company, CEO Jamie Dimon said.Hogan will hold a…
Bauer bucks trend
In a startling turn, German-owned media giant Bauer Publishing, which owns In Touch and Woman’s World here, is set to unleash three new magazines in the United States market this…
NYC pol: It’s Herb-sploitation
A New York City Councilwoman has added a fourth voice to those calling for a probe of Herbalife, the controversial nutritional supplements company. Julissa Ferreras, a Democrat who represents a…
M’sft’s new ‘Best’ pal
Microsoft is teaming up with Best Buy to promote machines with its latest Windows 8 operating system as the software maker and electronics retailer try to combat the worst personal…
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