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Santander Bank has made a deal to sell seven branches in Pennsylvania as it continues its transformation into a national, digital-first bank. [contact-form-7] The firm agreed to sell the branches to Syracuse, New York-based Community Bank, which operates about 200 branches in Pennsylvania, New York, Vermont and Massachusetts.
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Tesla CEO Elon Musk deflected a reporter's attempt to ask him about a New York Times article detailing his alleged drug use during President Donald Trump's campaign last year and drama involving the mothers of his multiple children. The Times earlier Friday detailed what it said was Musk's consumption of the anesthetic ketamine that "went well beyond occasional uses," and his alleged use of Ecstasy and psychedelic mushrooms.
The New York Times (NYT) Company has signed a multiyear, artificial intelligence-focused licensing agreement with Amazon. The new arrangement will bring NYT editorial content to a “variety of Amazon customer experiences,” the media company said in a news release Thursday (May 29).
NYT adds 11.06M digital-only subscribers in Q1, lifting digital revenues by 14.4% and boosting ARPU to $9.54, as it navigates away from declining print.
The New York Times Company's Q1 results reflect a year-over-year increase in subscription revenues. Management expects Q2 subscription revenues to ascend 8-10%.
The New York Times reported the development after U.S. President Donald Trump said on Wednesday night stateside that there will be a briefing about a trade deal next day. It was uncertain if both sides will sign a finalized deal or a framework for an agreement that they would continue negotiating in the coming months, NYT said.
The New York Times Company (NYSE:NYT ) Q1 2025 Earnings Conference Call May 7, 2025 8:00 AM ET Company Participants Anthony DiClemente - Senior Vice President, Investor Relations Meredith Kopit Levien - President & Chief Executive Officer Will Bardeen - Executive Vice President & Chief Financial Officer Conference Call Participants Benjamin Soff - Deutsche Bank Thomas Yeh - Morgan Stanley David Karnovsky - JPMorgan Jason Bazinet - Citi Doug Arthur - Huber Research Partners Operator Good morning, everyone, and welcome to New York Times [Technical Difficulty] [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please also note today's event is being recorded.
New York Times Co. (NYT) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.31 per share a year ago.