Business Wall Street Journal-owner News Corp reported a surprise quarterly profit on Thursday, driven by strong growth in earnings at its book publishing and subscription video services units. 10 May 2019 05:22AM Bookmark REUTERS: Wall Street Journal-owner News Corp reported a surprise quarterly profit on Thursday, driven by strong growth in earnings at its book publishing and subscription video services units.Trying to offset declines in print advertising, News Corp has been focusing on its book publishing business, which includes the famous HarperCollins brand, and its digital businesses."News Corp reaped rewards from our digital strategy this quarter, underscored by a robust rise in digital subscriptions across our media properties, a sharp increase in digital audio book sales," Chief Executive Robert Thomson said.The company, controlled by media mogul Rupert Murdoch, said HarperCollins' core earnings rose 29 percent in the quarter, helped by strong sales of audio books … [Read more...] about News Corp posts surprise profit as HarperCollins profits grow
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By Susan Delacourt National Columnist Tues., April 30, 2019 The SNC-Lavalin saga appears to have been a real money-maker for the Conservatives. Fundraising totals released Tuesday by the federal political parties show the Conservatives pulled in about $8 million in the first three months of 2019 — more than double the $3.8 million raised by the governing Liberals. Conservatives are perennially better than any other party at squeezing dollars out of their supporters, but they were boasting this particular return as a “Canadian political fundraising record.” “After the SNC-Lavalin scandal, it’s clear Canadians want change,” Leader Andrew Scheer was quoted as saying in the news release. Liberals were putting the best face on their results, boasting that they had expanded their base of grassroots supporters, but the $3.8 million raised in the first three months of 2019 is also $2.6 million less than Justin Trudeau’s team … [Read more...] about Political donors are in the market for protest, not influence
By Bruce Campion-Smith Ottawa Bureau Mon., April 29, 2019 OTTAWA—How to visit a disaster zone without a creating a public relations disaster? It’s a question politicians juggle with each wildfire, flood and tornado strike. Prime Minister Justin Trudeau was reminded of the perils of such visits Saturday when he visited an Ottawa neighbourhood hit by record floodwaters and got berated by one volunteer who accused him of tying up relief efforts. “You know how long you’ve held up people picking up bags?” the volunteer said to the prime minister. “While you’re here, no one can pick up sand. You held people up. All your RCMP and security held people up,” he said. Trudeau replied that he understood his frustrations with security, but said he was happy to speak with those on site and hopefully encourage others to volunteer. The prime minister had been briefed on emergency efforts to help homeowners and had spent time … [Read more...] about Did Trudeau help or hinder flood-relief efforts in an Ottawa neighbourhood?
REUTERS: Michael Avenatti, the combative lawyer known for his battles with US President Donald Trump, was due to be arraigned in a Santa Ana court on Monday (Apr 29) on 36 counts of fraud, identity theft and other financial crimes.A federal complaint filed in California charges Avenatti with multiple counts of wire fraud, accusing him of misusing more than US$12 million (£9.2 million) he received on behalf of clients following settlements and other negotiations.The 48-year-old attorney, who drew international attention for representing adult film star Stormy Daniels in her litigation against Trump, has said he will fight the charges and plead not guilty. He is free on a US$300,000 bond.Avenatti became a vocal critic of Trump and a frequent guest on cable television news while representing Daniels, whose real name is Stephanie Clifford. She sued the president over a nondisclosure agreement that in the weeks before the 2016 US presidential election kept her from discussing … [Read more...] about Lawyer Michael Avenatti due in California court on fraud charges
NEW YORK — The first issue of The City Record, on June 24, 1873, listed a procurement notice for a steamboat engine for the New York City Department of Charities and Corrections. A more recent notice, from 2017, listed the purchase of almost $4.4 million worth of condoms and lubrication packets as part of a city public health campaign. In between lies the vast history of the city and of The City Record, a bottomless trove of municipal minutiae and legally required announcements that calls itself the “Official Journal of the City of New York.” While most New Yorkers have never read, or even heard of, this city-published paper, it is indispensable to many city officials and to those seeking city contracts. “This is the bible of doing business with the city of New York,” said Eli Blachman, the paper’s longtime editor. “If you want to bid for a city contract, it’s like the lottery,” he said. “You’ve got to be in it to win … [Read more...] about News Selling Condoms or Pet Food? Inside New York’s Business ‘Bible’