Investors braced Tuesday for the US corporate earnings season that many expect will be brutal as the prolonged recession bites, and data showed a steeper contraction in the eurozone. Pessimism gripped financial markets, particularly stock markets, as the US corporate earnings season got under way and concerns mounted about the embattled banking sector. "Doubt has returned," Briefing.com analysts said ...

Jim Romenesko has a memo announcing the appointment of Gerard Baker as the new Deputy Editor-in-Chief of The Wall Street Journal. In the memo, sent by Robert Thomson, Mr. Baker is described as having "had a distinguished career as a journalist at the BBC, Financial Times and The Times of London. He has reported on subjects as diverse as the ...

Some of the gems from Rupert Murdoch's quote-icle in the 75 Anniversary issue of Esquire: "Everyone can see that The New York Times is a magnificent paper in many ways, lots of ways, but you can also see that they choose stories, very often for page 1, based on an agenda. I think that Arthur Sulzberger, over the years ...