logo
Plus   Neg
Share
Email

News Corp To Close Bronx Print Plant

News Corp (NWSA,NWS) said it plans to shift the printing of several of its publications in New York to a different facility in the city. The publications would be printed at The New York Times' College Point plant in Queens. This plan would result in the closure of the company's Bronx Print Plant. The Bronx Print Plant produces daily print copies of the Journal and The Post, along with Barron's weekly.

News Corp said the decision is part of its ongoing process of simplifying the structure of the company.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. Food and Drug Administration (FDA) has gone ahead with the approval of antiviral drug remdesivir as first treatment for COVID-19, notwithstanding last week's findings by the World Health Organization (WHO) that the drug is not effective for COVID-19 treatment. Thursday, Gilead Sciences announced that the FDA approved remdesivir, sold under the brand name Veklury. Integrated payments firm American Express Co. (AXP) reported Friday that net income for the third quarter declined to $1.1 billion or $1.30 per share from $1.8 billion or $2.08 per share in the prior-year quarter. Consolidated total revenues, net of interest expense, also decreased 20 percent to $8.8... The Federal Trade Commission or FTC has launched a new fraud reporting platform, using which, consumers can easily report fraud and all other consumer issues directly to the regulator. In a statement, the FTC said its new website, ReportFraud.ftc.gov, will provide a streamlined and user-friendly way to submit reports about scams, frauds, and bad business practices.
RELATED NEWS
Follow RTT