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PR Newswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Western Union to distribute content to a dozen news organizations in New York. Its first customer was Trans World Airlines. In 1963, Muschel recruited David Steinberg of the New York Herald Tribune to ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Trans World Airlines
Trans World Airlines (TWA) was a major airline in the United States that operated from 1930 until it was acquired by American Airlines in 2001. It was formed as Transcontinental & Western Air to operate a route from New York City to Los Angeles via St. Louis, Kansas City, and other stops, with Ford Trimotors. With American Airlines, American, United Airlines, United, and Eastern Air Lines, Eastern, it was one of the "Legacy carrier#Defunct legacy carriers, Big Four" domestic airlines in the United States formed by the Air Mail scandal, Spoils Conference of 1930. Howard Hughes acquired control of TWA in 1939, and after World War II led the expansion of the airline to serve Europe, the Middle East, and Asia, making TWA a second unofficial flag carrier of the United States after Pan American World Airways, Pan Am. Hughes gave up control in the 1960s, and the new management of TWA acquired Hilton Worldwide, Hilton International and Century 21 Real Estate, Century 21 in an attempt to ...
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Los Angeles
Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, cultural center of Southern California. With an estimated 3,878,704 residents within the city limits , it is the List of United States cities by population, second-most populous in the United States, behind only New York City. Los Angeles has an Ethnic groups in Los Angeles, ethnically and culturally diverse population, and is the principal city of a Metropolitan statistical areas, metropolitan area of 12.9 million people (2024). Greater Los Angeles, a combined statistical area that includes the Los Angeles and Riverside–San Bernardino metropolitan areas, is a sprawling metropolis of over 18.5 million residents. The majority of the city proper lies in Los Angeles Basin, a basin in Southern California adjacent to the Pacific Ocean in the ...
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Miami
Miami is a East Coast of the United States, coastal city in the U.S. state of Florida and the county seat of Miami-Dade County, Florida, Miami-Dade County in South Florida. It is the core of the Miami metropolitan area, which, with a population of 6.14 million, is the second-largest metropolitan area in the Southeastern United States, Southeast after Atlanta metropolitan area, Atlanta, and the Metropolitan statistical area#United States, ninth-largest in the United States. With a population of 442,241 as of the 2020 United States census, 2020 census, Miami is the List of municipalities in Florida, second-most populous city in Florida, after Jacksonville, Florida, Jacksonville. Miami has the List of tallest buildings in the United States#Cities with the most skyscrapers, third-largest skyline in the U.S. with over List of tallest buildings in Miami, 300 high-rises, 70 of which exceed . Miami is a major center and leader in finance, commerce, culture, arts, and internation ...
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Boston
Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeastern United States. It has an area of and a population of 675,647 as of the 2020 United States census, 2020 census, making it the third-largest city in the Northeastern United States after New York City and Philadelphia. The larger Greater Boston metropolitan statistical area has a population of 4.9 million as of 2023, making it the largest metropolitan area in New England and the Metropolitan statistical area, eleventh-largest in the United States. Boston was founded on Shawmut Peninsula in 1630 by English Puritans, Puritan settlers, who named the city after the market town of Boston, Lincolnshire in England. During the American Revolution and American Revolutionary War, Revolutionary War, Boston was home to several seminal events, incl ...
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Copy Editing
Copy editing (also known as copyediting and manuscript editing) is the process of revising written material (" copy") to improve quality and readability, as well as ensuring that a text is free of errors in grammar, style, and accuracy. '' The Chicago Manual of Style'' states that manuscript editing encompasses "simple mechanical corrections (mechanical editing) through sentence-level interventions (linear editing) to substantial remedial work on literary style and clarity, disorganized passages, baggy prose, muddled tables and figures, and the like (substantive editing)". In the context of print publication, copy editing is done before typesetting and again before proofreading. Outside traditional book and journal publishing, the term "copy editing" is used more broadly, and is sometimes referred to as proofreading; the term sometimes encompasses additional tasks. Although copy editors are generally expected to make simple revisions to smooth awkward passages, they do not hav ...
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The Herald Statesman
''The Journal News'' is a newspaper in New York State serving the New York counties of Westchester, Rockland, and Putnam, a region known as the Lower Hudson Valley. It is owned by Gannett. History ''The Journal News'' was created through a merger of several daily community newspapers serving the lower Hudson, which had previously been organized under the Gannett Suburban Newspapers umbrella; the earliest ancestor of the paper dates to 1852. Although the current newspaper's name comes from the ''Rockland Journal-News'', which was based in West Nyack, New York, and served Rockland County, the ''Rockland Journal-News'' was actually the third-largest newspaper that Gannett merged to create the larger newspaper. ''The Reporter Dispatch'' from White Plains, New York, and the ''Herald Statesman'' in Yonkers were larger and served Westchester County. For years prior to the October 12, 1998, merger that created ''The Journal News'', ten of the newspapers shared some content and p ...
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San Francisco Examiner
The ''San Francisco Examiner'' is a newspaper distributed in and around San Francisco, California, and has been published since 1863. Once self-dubbed the "Monarch of the Dailies" by then-owner William Randolph Hearst and the flagship of the Hearst Communications, Hearst chain, the ''Examiner'' converted to free distribution early in the 21st century and is owned by Clint Reilly Communications, which bought the newspaper at the end of 2020 along with the ''SF Weekly''. History Founding The ''Examiner'' was founded in 1863 as the ''Democratic Press'', a pro-Confederate States of America, Confederacy, pro-Slavery in the United States, slavery, pro-Democratic Party (United States)#1860–1900, Democratic Party paper opposed to Abraham Lincoln, but after his assassination in 1865, the paper's offices were destroyed by a mob, and starting on June 12, 1865, it was called ''The Daily Examiner''. Hearst acquisition In 1880, mining engineer and entrepreneur George Hearst bought the ...
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Dow Jones Newswire
Dow Jones & Company, Inc. (also known simply as Dow Jones) is an American publishing firm owned by News Corp, and led by CEO Almar Latour. The company publishes ''The Wall Street Journal'', ''Barron's'', ''MarketWatch'', ''Mansion Global'', ''Financial News'' and '' Private Equity News''. The company is best known for its historical publication of the Dow Jones Industrial Average (DJIA) and related market statistics. It published the DJIA from 1882 until 2010, when News Corp then sold 90% ownership of the Dow Jones stock market indices business to CME Group; News Corp sold CME its remaining 10% in 2013. History The company was founded in 1882 by three reporters: Charles Dow, Edward Jones, and Charles Bergstresser. Charles Dow was widely known for his ability to break down and convey what was often considered very convoluted financial information and news to the general public – this is one of the reasons why Dow Jones & Company is well known for their publications and tra ...
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Newspapers
A newspaper is a Periodical literature, periodical publication containing written News, information about current events and is often typed in black ink with a white or gray background. Newspapers can cover a wide variety of fields such as politics, business, sports, art, and science. They often include materials such as opinion columns, weather forecasts, reviews of local services, Obituary, obituaries, birth notices, crosswords, editorial cartoons, comic strips, and advice columns. Most newspapers are businesses, and they pay their expenses with a mixture of Subscription business model, subscription revenue, Newsagent's shop, newsstand sales, and advertising revenue. The journalism organizations that publish newspapers are themselves often Metonymy, metonymically called newspapers. Newspapers have traditionally been published Printing, in print (usually on cheap, low-grade paper called newsprint). However, today most newspapers are also Electronic publishing, published on webs ...
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The Pittsburgh Press
''The Pittsburgh Press'', formerly ''The Pittsburg Press'' and originally ''The Evening Penny Press'', was a major afternoon daily newspaper published in Pittsburgh, Pennsylvania, for over a century, from 1884 to 1992. At the height of its popularity, the ''Press'' was the second-largest newspaper in Pennsylvania behind ''The Philadelphia Inquirer''. For four years starting in 2011, the brand was revived and applied to an afternoon online edition of the ''Pittsburgh Post-Gazette''. History 19th century The history of the ''Press'' traces back to an effort by Thomas J. Keenan Jr. to buy '' The Pittsburg Times'' newspaper, at which he was employed as city editor. Joining Keenan in his endeavor were reporter John S. Ritenour of the '' Pittsburgh Post'', Charles W. Houston of the city clerk's office, and U.S. Representative Thomas M. Bayne. After examining the ''Times'' and finding it in a poor state, the group changed course and decided to start a new penny paper in hopes that ...
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Letter Stock
Tracking stock, also known as letter stock and targeted stock, is a specialized equity offering issued by a company that is based on the operations of a defined business within the larger organization (such as, for instance, a wholly owned subsidiary of a diversified firm). Therefore, the tracking stock will be traded at a price related to the operations of the specific division of the company being "tracked". Tracking stock is typically limited, or has no voting rights. Often, tracking stock is issued to separate a high-growth (but initially, unprofitable) division from its parent company, while the parent company and its shareholders remain in control of the subsidiary's operations. Overview A tracking stock is issued from a corporation’s voting common stock as a special class of stock specifically tied to the financial performance of any type of definable business division, including a subsidiary, product line, or geographical territory. Stockholder benefits are confined to t ...
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