IBT Media to Buy Newsweek From Diller's IAC
Aug. 5 (Bloomberg) -- IBT Media said it’s buying Newsweek from IAC/InterActiveCorp, splitting it from the Daily Beast brand, and plans to make it profitable. Bloomberg's Edmund Lee reports on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
Most Recent Videos
"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
47:40 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)