Thomson Reuters 4Q Revenue, Adjusted Earnings Rise

Thomson Reuters Corp. said on Tuesday it had appointed former Nielsen Holdings President Steve Hasker as its new chief executive officer, succeeding Jim Smith. The parent of Reuters News also announced higher-than-expected fourth-quarter earnings.
Thomson Reuters Cuts 3,000 Jobs, Stock Up
Thomson Reuters Corp. said today that new sales of its financial terminals outpaced cancellations in the third quarter for the first time since 2011, and it announced 3,000 job cuts to reduce costs.
NEW YORK (AP) — News and financial information company Thomson Reuters on Wednesday said it is cutting 2,500 jobs, or about 4 percent of its workforce, this year as it tries to reduce costs and turn around its largest division. CEO Jim Smith told analysts on a conference call Wednesday that the company is eliminating […]
Tom Glocer is stepping down Jan. 1 and will be succeeded by James Smith, the news and information company’s current chief operating officer.
The Chicago Tribune and other Tribune Co. newspapers have signed a multi-year agreement to become charter subscribers to the new Reuters America wire service, a move that will make them less reliant on Associated Press for print and online content.