The Gray Lady has ambitious goals. Just days after announcing it had reached its one-millionth digital subscriber, the New York Times NYT 1.70% said Wednesday that it has plans to double digital-only revenue to $800 million in five years.
Deutsche Bank said a series of charges, including litigation expenses, will result in a third-quarter loss of $6.97 billion, or 6.2 billion euro.
Lumber Liquidators Holdings Inc. LL 3.62 % has agreed to plead guilty and pay a combined $13.2 million for importing illegally harvested timber from such areas as forests in far eastern Russia and other compliance issues.
Sony Corp is proceeding with a plan to sell its half of Sony/ATV Music Publishing, the Wall Street Journal reported, citing people familiar with the matter.
SAN FRANCISCO - Jet.com launched three months ago as an Amazon rival promising rock bottom prices for members willing to part with $50 for its annual membership.