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Through its subscription news service, Apple will charge about $10 monthly for access to a variety of magazine and newspaper content, according to media reports. Apple is expected to take 50 percent of the revenue. The Wall Street Journal has agreed to join Apple’s service, according to a recent New York Times report. News Corp, owner of the Journal, was not immediately reachable for comment. A monthly digital subscription to the New York Times costs $15, and Thompson said he has no plans to give that up to participate on other platforms such as Apple’s.
Last year, the Times generated over $700 million in digital revenue, close to the company’s target of $800 million in annual digital sales by 2020, Digital ad revenue surpassed print ad revenue for the first time in the fourth quarter of 2018, The Times has plowed investment back into its newsroom, which at 1,550 journalists is now at personalised cufflinks india its largest ever, Despite the company’s insistence on keeping readers on its own products and platforms, Thompson said it has experimented on other services, highlighting content the Times developed just for Snap Inc’s Snapchat app, which helped reach new, younger readers..
WASHINGTON (Reuters) - A conservative group has sued the U.S. government for access to a report on whether auto imports pose a big enough security risk to justify hefty tariffs on the sector, part of a growing chorus demanding a copy of the document. Cause of Action Institute (CoA), a watchdog aligned with the conservative political activists David and Charles Koch, asked the District of Columbia Federal Court on Wednesday to require the Commerce department to hand over a copy of the report, which could unleash tariffs of up to 25 percent on imported cars and parts.
Last month, Commerce Secretary Wilbur Ross submitted the so-called “Section 232” national security report to President Donald Trump, starting a 90-day countdown for him to decide whether to impose the tariffs on millions of imports, The Commerce department declined to comment, The industry has warned that tariffs could add thousands of dollars to vehicle costs and potentially lead to hundreds of thousands of job losses throughout the U.S, economy, The Commerce Department started its investigation in May 2018 at Trump’s request, Known as a Section 232 investigation, its purpose was to determine the effects of imports on national security, It had to be completed by personalised cufflinks india February..
In the suit, CoA alleged the Commerce Department has missed deadlines to respond to Freedom of Information Act Requests it filed for the report on Feb. 18, a day after the report was sent to the White House. Republican Senator Chuck Grassley, chairman of the Senate Finance Committee, has also sought a copy of the report without success, Politico reported. Administration officials have said tariff threats on autos are a way to win concessions from Japan and the EU. Last year, Trump agreed not to impose tariffs as long as talks with the two trading partners were proceeding in a productive manner.
WASHINGTON (Reuters) - The number of Americans filing applications for unemployment benefits fell more than expected last personalised cufflinks india week, pointing to still strong labor market conditions, though the pace of job growth has slowed after last year’s robust gains, Other data on Thursday showed a measure of factory activity in the mid-Atlantic region rebounding sharply this month after falling into negative territory in February for the first time in more than 2-1/2 years, But manufacturers’ perceptions about the outlook were the least favorable in three years and their expectations for capital spending were also less upbeat..
These findings support the view that the manufacturing sector is slowing in line with softening economic growth. The Federal Reserve held interest rates steady on Wednesday and its policymakers abandoned projections for further rate increases this year, noting that “growth of economic activity has slowed from its solid rate in the fourth quarter.”. “The U.S. economy has clearly slowed and will cause job growth to moderate, which isn’t alarming as long as it is orderly,” said Ryan Sweet, a senior economist at Moody’s Analytics in West Chester, Pennsylvania.
Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 221,000 for personalised cufflinks india the week ended March 16, the Labor Department said on Thursday, Economists polled by Reuters had forecast claims falling to 225,000 in the latest week, Claims have been drifting in the middle of their 200,000-253,000 range this year, The four-week moving average of initial claims, considered a better measure of labor market trends as it irons out week-to-week volatility, rose 1,000 to 225,000 last week..