The company founded by Laurene Powell Jobs, the widow of Steve Jobs, is in preliminary talks with BuzzFeed to make an investment in the digital outlet's news division, a person familiar with the discussions told CNN.
Hostess Brands is the latest company to offer bonuses thanks to the new tax plan. But it's the first to throw in Twinkies and Ding Dongs on top of the cash.
After years of painful, protracted decline, the Los Angeles Times has recently descended into chaos: There have been three editors-in-chief in less than six months; the publisher has been put on leave for prior sexual harassment allegations; and the newly unionized staff already fears that the owner is trying to bust up their union. Mistrust is high, morale low. The ultimate fate of the paper is an open question in the newsroom.
The co-owner and chairman of Newsweek Media Group and his wife, who acted as the company's finance director, are both stepping down from their posts, the company announced Thursday.