Dow Jones

In the memo in which Dow Jones editor in chief Robert Thomson announced there would be job cuts at The Journal, he also said: "Our new budget includes an ambitious expansion of our web and international operations, both for the Journal and for Newswires, where we are adding 95 journalists over coming months."

So where exactly are those 95 people going? Not to The Wall Street Journal.

A spokesman for The Journal, Bob Christie, told Media Mob that those new hires will all be assigned to Dow Jones news wires, not at The Journal. Mr. Christie reminds us, however, that wire copy can be used, of course, inside the pages of The Journal.

And what's the time frame for these hires? He said they'll start now, and there's no end date in mind. So, conceivably, Mr. Thomson can take as long as he wants to hire.

The Wall Street Journal's longtime and well-liked First Amendment lawyer was fired by a Dow Jones senior executive, a recent hire by Rupert Murdoch.

The lawyer, Stuart Karle, had been with the newspaper since 1992. Yesterday afternoon Mr. Karle was called into the office of Dow Jones' counsel, Mark Jackson, who was formerly the associate chief counsel of HarperCollins and was made the chief counsel of Dow Jones on Dec. 17, two workdays after Mr. Murdoch closed on his sale of the company.  read more »

Yesterday at The Wall Street Journal, there were resignation announcements, multi-million dollar severance packages, and plans for trans-atlantic trips. And over the next few months, the shakeup is likely to continue.  read more »

When it came to securing Dow Jones and The Wall Street Journal for Manhattan's biggest real estate auction, real estate tycoon Stephen Ross evidently beat Ric Clark to the punch.  read more »

The New York Post reported earlier today that the Bancroft family received an extra windfall before approving the sale of Dow Jones. Now, a company spokesperson is disputing that report.  read more »