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The Wall Street Journal Asia

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93-423: The Wall Street Journal Asia , a version of The Wall Street Journal , was a newspaper that provided news and analysis of global business developments for an Asian audience. Formerly known as The Asian Wall Street Journal , it was founded in 1976 and was printed in nine Asian cities: Bangkok , Hong Kong , Jakarta , Kuala Lumpur , Manila , Seoul , Singapore , Taipei , and Tokyo . Average circulation for 2011

186-472: A facade of gray granite at its base and white granite on the upper stories. It is one of the earliest skyscrapers built on pneumatic caissons and one of the oldest such buildings that remain standing. The building contains an interior steel frame structure with a curtain-walled facade. The top stories contain a loggia on the facade as well as a large metal cornice above the 20th floor. There are numerous band courses , balconies, and arched windows along

279-639: A Dow Jones share about ten years later. Under Barron ownership, Thomas F. Woodlock was editor of the Journal from 1902 to 1905. By the end of Woodlock's tenure, daily circulation for the Journal rose from 7,000 to 11,000. William Peter Hamilton became lead editorial writer in 1908, a time when the Journal began reflecting the views of Barron. Hamilton wrote what Scharff considered "daily sermons in support of free-market capitalism". Barron and his predecessors were credited with creating an atmosphere of fearless, independent financial reporting—a novelty in

372-491: A West Coast edition on October 21, 1929, The Wall Street Journal Pacific Coast Edition . The Pacific Coast Edition focused on California businesses and replicated some items from the regular Wall Street Journal ; however, its circulation never exceeded 3,000, and the Great Depression led numerous subscription cancellations. By 1931, Bernard Kilgore became news editor for The Wall Street Journal , having joined

465-497: A broader shift away from news content. On June 13, 2022, the Journal launched a product review website called Buy Side . The website remains free and has a distinct team from the Journal newsroom. In February 2024, the Journal laid off about 20 employees, primarily economics reporters based in Washington, D.C. Moving forward, those beats will be covered by the newspaper's New York-based business team. The next month

558-519: A century – always six columns, with the day's top stories in the first and sixth columns, "What's News" digest in the second and third, the "A-hed" feature story in the fourth (with 'hed' being jargon for headline ) and themed weekly reports in the fifth column  – the paper in 2007 decreased its broadsheet width from 15 to 12   inches while keeping the length at 22 3 ⁄ 4   inches, to save newsprint costs. News design consultant Mario Garcia collaborated on

651-556: A definitive merger agreement. The $ 5   billion sale added The Wall Street Journal to Rupert Murdoch 's news empire, which already included Fox News Channel , Fox Business Network , London's The Times , the New York Post , and the Fox flagship station WNYW (Channel 5) and MyNetworkTV flagship WWOR (Channel 9). On December 13, 2007, shareholders representing more than 60 percent of Dow Jones's voting stock approved

744-430: A few weeks later amid further restructuring, including at least eight reporters. Since 1980, the Journal has been published in multiple sections. The Journal increased its maximum issue length to 96 pages, including up to 24 color pages, in 2002. With the industry-wide decline in advertising, the Journal in 2009–10 more typically published about 50 to 60 pages per issue. As of 2012 , The Wall Street Journal had

837-526: A four-story "base", a "shaft", and a four-story " capital " on top, similar to the components of a column . This was a common setup for facades of buildings that were being erected in the late 19th and early 20th centuries. The original design called for architectural terracotta sheathing, but the Potter family, which developed the Empire Building, switched to granite because they felt the material

930-483: A global news staff of around 2,000 journalists in 85 news bureaus across 51 countries. As of 2012 , it had 26 printing plants. Its Asia headquarters is in Hong Kong, but will move to Singapore after it stated it would do so in 2024. Regularly scheduled sections are: In addition, several columnists contribute regular features to the Journal opinion page: Empire Building (Manhattan) The Empire Building

1023-596: A limestone, brick, and terracotta building with the Department of Buildings in December 1895, and a permit to build was issued at the end of that month. At the time of the plans, the tallest building in Manhattan was the 16-story Manhattan Life Building, and developers did not believe any taller building could be constructed so rapidly. Potter's daughter Blanche said that she and her siblings had wanted to "replac[e]

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1116-523: A luxury lifestyle magazine, was launched in 2008. A complement to the print newspaper, The Wall Street Journal Online , was launched in 1996 and has allowed access only by subscription from the beginning. A weekly (later daily) crossword edited by Mike Shenk was introduced in 1998. In 2003, Dow Jones began to integrate reporting of the Journal 's print and online subscribers together in Audit Bureau of Circulations statements. In 2007, it

1209-645: A major expansion outside of the United States ultimately placing its journalists in every major financial center in Europe , Asia , Latin America , Australia , and Africa . In 1970, Dow Jones bought the Ottaway newspaper chain, which at the time comprised nine dailies and three Sunday newspapers. Later, the name was changed to Dow Jones Local Media Group . The first strike affecting a Journal printing plant

1302-424: A method of illustration considered a consistent visual signature of the paper. the Journal still heavily employs the use of caricatures , including those by illustrator Ken Fallin , such as when Peggy Noonan memorialized then-recently deceased newsman Tim Russert . The use of color photographs and graphics has become increasingly common in recent years with the addition of more "lifestyle" sections. The daily

1395-559: A week from New York for the Journal . Then in 1934, Kilgore began writing a daily news digest "What's News" for the Journal front page. Kilgore's writings attracted the attention of the White House; President Franklin D. Roosevelt publicly recommended Kilgore's work about pension payments for World War I veterans and a Supreme Court decision on the National Industrial Recovery Act of 1933 . However,

1488-577: Is 293 feet (89 m) tall. The Empire Building is a New York City designated landmark and is listed on the National Register of Historic Places (NRHP). It is also a contributing property to the Wall Street Historic District , a NRHP district created in 2007. The Empire Building's articulation consists of three horizontal sections similar to the components of a column —namely a base, shaft, and capital —and has

1581-611: Is an office building and early skyscraper at 71 Broadway , on the corner of Rector Street , in the Financial District of Manhattan in New York City . It was designed by Kimball & Thompson in the Classical Revival style and built by Marc Eidlitz & Son from 1897 to 1898. The building consists of 21 stories above a full basement story facing Trinity Place at the back of the building and

1674-505: Is flanked by two pairs of granite columns, topped by eagles on globes. The entrance originally consisted of three pairs of doors, leading to a portico with a barrel vault ; it was modified by Walker & Gillette in 1937–1938 in the Art Deco style. The remodeled entrance has a stainless-steel transom band directly atop the doors with the stainless-steel text "71 Broadway 71", as well as a round-arched stainless-steel spandrel panel at

1767-527: Is published six days a week by Dow Jones & Company , a division of News Corp . The first issue was published on July 8, 1889. As of 2023, the Wall Street Journal  is the largest newspaper in the United States by print circulation , with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after The New York Times . WSJ publishes international editions in various regions around

1860-460: The Asian Journal was Peter R. Kann , the former chairman and chief executive officer of Dow Jones & Company . Gina Chua served as editor-in-chief of the publication before her appointment as executive editor of Reuters . Philip Revzin also served as editor for the paper after serving as the editor and publisher for The Wall Street Journal Europe . The Wall Street Journal Asia

1953-536: The Customers' Afternoon Letter , sold for $ 1.50 per month compared to the $ 15 a month Dow Jones bulletin service. Dow Jones opened its own printing press at 71 Broadway in 1885. Beginning July 8, 1889, the Afternoon Letter was renamed The Wall Street Journal . The debut issue of the Journal was four pages long, with dimensions of 20 3/4 × 15 1/2 inches and cost of $ 0.02 per copy. In its early days,

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2046-515: The Dow theory . Scharff regarded Dow's essays from 1899 to 1902 as "stock market classics". In the months before passing in 1902, Dow arranged to sell Dow Jones and the Journal to Clarence W. Barron , Boston correspondent for the Journal since 1889, for $ 130,000 (equivalent to $ 4,578,000 in 2023). Because Barron had financial difficulties, his wife Jessie Waldron Barron made the $ 2,500 down payment to buy Dow Jones in 1902; Clarence would first own

2139-528: The Great Depression in the United States . Barron's descendants, the Bancroft family , would continue to control the company until 2007. The Wall Street Crash of 1929 would be yet another challenge to the Journal on top of Barron's death. William Peter Hamilton died of pneumonia on December 9, 1929, aged 63. Circulation of the Journal , having surpassed 50,000 in 1928, dropped below 28,000 in

2232-551: The Journal began publishing two separate Dow Jones stock indicies, the Dow Jones Industrial Average and Dow Jones Railroad Average . The first morning edition of the Journal was published on November 14, 1898. By the late 1890s, daily circulation reached 7,000. Charles Dow wrote the first "Review and Outlook" column on April 21, 1899, a front-page editorial column explaining stock prices in terms of human nature; Dow's thinking would later be known as

2325-485: The Journal continued to struggle financially, with circulation stagnant at 32,000 in 1940. Most editions were only 12 to 14 pages long, and Dow Jones made only $ 69,000 of profits on $ 2 million of revenue, mostly due to its news ticker. Scharff observed a lack of coverage about a possible U.S. role in World War II . In the 1940s, Dow Jones took steps to restructure the Journal . Kilgore was named managing editor of

2418-538: The Journal copy desk in 1929. He began writing a column for the Pacific Coast Edition called "Dear George", a feature explaining obscure financial topics in simpler, plain rhetoric. "Dear George" sharply contrasted with other Wall Street Journal articles that relied on jargon that was incomprehensible even to its own reporters. The Eastern edition of the Journal began carrying "Dear George", and beginning in 1932, Kilgore wrote "Dear George" three times

2511-469: The Journal had "a tedious, blow-by-blow account of the day's business without benefit of editing," wrote Edward E. Scharff in 1986. For nearly 40 years, the front page had a four-column format, with the middle two devoted to news briefs and the farther two filled with advertisements for brokerage services. The Journal focused on stories from news wires and listings of stocks and bonds, while occasionally covering sports or politics. One front-page story on

2604-613: The Journal had not yet entered popular understanding. The first major journalism award for the Journal was a Sigma Delta Chi public service award, for stories in late 1952 exposing links between Empire Mail Order and organized crime. These stories followed news that Howard Hughes sold RKO Pictures to Empire Mail Order. Circulation of the Journal continued increasing throughout the 1950s, to 205,000 in 1951, 400,000 in 1955, and over 500,000 by 1957. Warren H. Phillips became managing editor of The Wall Street Journal in 1957 after being promoted from Chicago bureau manager. Phillips

2697-567: The Journal in 1941 and Dow Jones CEO in 1945. Scharff described Kilgore's approach to journalism: "A Journal story had to satisfy its sophisticated readership, but it also had to be clear enough not to discourage neophytes." Additionally, Kilgore aimed to have the newspaper appeal to a national audience, by making the East Coast and West Coast editions of the Journal more homogeneous. Until printing presses and reporting bureaus could be opened on location, photographs could not be included in

2790-433: The Journal launched a weekend edition, delivered to all subscribers, which marked a return to Saturday publication after a lapse of some 50 years. The move was designed in part to attract more consumer advertising. In 2005, the Journal reported a readership profile of about 60 percent top management, an average income of $ 191,000, an average household net worth of $ 2.1   million, and an average age of 55. In 2007,

2883-528: The Journal launched a worldwide expansion of its website to include major foreign-language editions. The paper had also shown an interest in buying the rival Financial Times . The nameplate is unique in having a period at the end. Front-page advertising in the Journal was re-introduced on September 5, 2006. This followed similar introductions in the European and Asian editions in late 2005. After presenting nearly identical front-page layouts for half

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2976-419: The Journal to charge similarly inflated advertising rates, as the advertisers would think that they reached more readers than they actually did. In addition, the Journal agreed to run "articles" featuring Executive Learning Partnership, presented as news, but effectively advertising. The case came to light after a Belgian Wall Street Journal employee, Gert Van Mol , informed Dow Jones CEO Les Hinton about

3069-630: The Journal . In 1947 , the paper won its first Pulitzer Prize for William Henry Grimes's editorials . Also in May 1947, the Journal launched a Southwest edition based in Dallas . The newspaper also added a new slogan in 1949: "Everywhere, Men Who Get Ahead in Business Read The Wall Street Journal ." Circulation grew by nearly four-fold, from 32,000 in 1940 to 140,000 in 1949; however, Kilgore's editorial reforms of

3162-566: The Little Rock Central High School integration crisis went beyond the largely visual, emotional elements on newspapers and television, in depicting local citizens as supportive of integration in contrast to Governor Orval Faubus and other local politicians. During the 1962–1963 New York City newspaper strike , the Journal was the only daily newspaper to continue printing in New York City; however, after

3255-499: The Rector Street station ( N , ​ R , and ​ W trains) is located on Trinity Place just outside the building entrance there. The Empire Building was designed by the partnership of Kimball & Thompson , composed of Francis H. Kimball and George Kramer Thompson , in the Classical Revival style. It was built by Marc Eidlitz & Son , with Charles Sooysmith as foundation engineer. Though

3348-470: The Upper East Side declined to host him. During Strauss-Kahn's house arrest, the Empire Building received extensive attention from the media and from passersby on Broadway, and it was dubbed "a new tourist hot spot". Architectural critic Montgomery Schuyler said that the Empire Building was "one of the best [...] commercial buildings" to be built in New York City to date, and that its value

3441-496: The 18th and 19th floors, are composed of Corinthian paired columns that form a colonnade . There are also ornamental panels. The 21st story was added in 1928–1930. Atop the south side of the 21st floor is a small terracotta tower that holds the machine rooms for the elevators. Contractor Charles Sooysmith designed the foundation, which was a mix of grillage and 23 pneumatic concrete caissons that went 23 feet (7.0 m) down to bedrock . The foundation covered about half of

3534-441: The 1930s, and the newspaper downsized from 28 to 16 pages in the 1930s as well. Dow Jones president Hugh Bancroft retired in 1932; following his death in 1933, his widow Jane Waldron Bancroft appointed Kenneth Craven "Casey" Hogate as new company president. Hogate envisioned expanding the scope of the Journal to a "more general business paper" beyond stock and bond numbers. Expanding westward, The Wall Street Journal debuted

3627-436: The 9th and 13th floors is composed of vertical pilasters rather than rusticated granite, and has arched windows instead of the rectangular windows seen on the other stories. The 7th, 11th, and 15th floors have balconies, while the 5th, 8th, and 12th floors have balconies . There is a cornice above the 16th floor. The capital is four stories tall with loggias and a metal cornice above the 20th floor. The loggias, located on

3720-459: The Empire Building or Arcade Building. The latter name was given because there was a public arcade extending adjacent to the building, connecting Broadway to the former Sixth Avenue elevated 's Rector Street station . By the late 19th century, it had become valuable: in April 1884, an English syndicate offered $ 1.25 million to the building's then-owners S. T. Meyer & Son, an offer that

3813-415: The Empire Building positively. Eliot Gregory stated in 1899, without mentioning the building by name, that the Empire Building contained a "grotesque resemblance to a waffle iron", which gave it "the impression of instability". The Empire Building was designated a New York City landmark in 1996. It was also added to the National Register of Historic Places (NRHP) in 1998. In 2007, it was designated as

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3906-427: The Empire Building still contains one of its original staircases on the western side. The staircase has an iron railing, which contains decorative motifs featuring dolphins and Neptune 's scepter, as well as marble treads. The building was originally equipped with 10 hydraulic elevators manufactured by Otis Worldwide , which were grouped in two banks of five. Of these, nine elevators were for passenger service and one

3999-505: The Sixth Avenue elevated, which was closed in 1938 and replaced by a steel surround designed by Walker & Gillette. The shaft is twelve stories of a white rusticated granite. The lowest section of the shaft is the 5th floor, which is designed as a transition between the base and the upper floors. The rest of the shaft's facade is composed of band courses that stretch horizontally across the facade on several floors. The facade of

4092-444: The basement. The total height of the building is 293 feet (89 m). The facade rises straight from street level and fills the entire lot except for two light courts on the south end of the lot. The offices were arranged so that they faced north toward Trinity Church, while utility rooms and elevators are located on the southern portion of the building. The facades of the Empire Building are arranged in three sections, consisting of

4185-474: The building after its completion, some portions of the Broadway entrance cross over the lot line . The previous building on the site, a six-story brownstone structure, measured 82.6 feet (25.2 m) along Broadway, 223 feet (68 m) along Rector Street, and 52 feet (16 m) on Trinity Place. Along Rector Street, it is adjacent to the churchyard of Trinity Church , providing a dramatic backdrop for

4278-412: The building faces Broadway, with its main entrance on 71 Broadway, it also has entrances at 51-53 Trinity Place. The Empire Building has also been historically known as the U.S. Steel Company Building or O.B. Potter Trust Building , reflecting its past ownership. As designed, the Empire Building was 20 stories, excluding the full basement on Trinity Place, but this was later expanded to 21 stories plus

4371-413: The building in 1984. One of the later commercial tenants at the Empire Building was advertising agency AFGL International Inc., which moved out during 1994. The Empire Building was converted to 237 apartments in 1997 by World-Wide Group of Manhattan, which had purchased the foreclosed property for approximately $ 10 million. At the time, some 30 tenants occupied 70,000 square feet (6,500 m ) in

4464-459: The building sometimes "vibrated violently" and was unsafe. The bombing was subsequently reclassified as an assassination attempt. Sage moved to 31 Nassau Street afterward. After Potter died suddenly in 1894, his belongings passed to his family, and Potter's children assumed his estate . Potter's children then commissioned the current Empire Building. Francis Kimball had designed several of Potter's buildings. Kimball and Thompson filed plans for

4557-453: The building. The renovation cost $ 40 million and was designed by Schuman Lichtenstein Claman & Efron. The residential units were quickly occupied: One of the residents of 71 Broadway was the politician and economist Dominique Strauss-Kahn , who was placed under house arrest in the building in 2011 during the criminal lawsuit filed against him, after another apartment building on

4650-559: The changes. Dow Jones said it would save $ 18   million a year in newsprint costs across all The Wall Street Journal papers. This move eliminated one column of print, pushing the "A-hed" out of its traditional location (though the paper now usually includes a quirky feature story on the right side of the front page, sandwiched among the lead stories). The paper uses ink dot drawings called hedcuts , introduced in 1979 and originally created by Kevin Sprouls , in addition to photographs,

4743-554: The church and ensuring open views for the building. To the south is 65 Broadway , the former headquarters of the American Express company. There are entrances to New York City Subway stations right outside both of the Empire Building's principal facades: two stairs to the Wall Street station ( 4 and ​ 5 trains) are located to either side of the building's main entrance, while an entrance to

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4836-477: The city's oldest steel-frame skyscrapers on pneumatic caissons. By 1900, the Empire Building had over 3,000 employees. One of the earliest tenants at the Empire Building was the U.S. Steel Corporation , which was founded in the building in 1901. Kimball & Thompson also took offices in the Empire Building. In 1903, Kimball considered a proposal to add five stories to the Empire Building, bringing its height to 25 stories and 350 feet (110 m), and making it

4929-562: The city's second-tallest building after the Park Row Building . The proposal was not undertaken. By 1908, the Empire Building had some of the most desirable office spaces in the city, with space renting at rates of $ 3 per square foot ($ 32/m ), equivalent to $ 102 per square foot ($ 1,100/m ) in 2023. A direct entrance from the building to the Wall Street station was not provided in the original construction, but such an entrance

5022-647: The committee said that News Corporation had violated its agreement by not notifying the committee earlier. However, Brauchli said he believed that new owners should appoint their own editor. A 2007 Journal article quoted charges that Murdoch had made and broken similar promises in the past. One large shareholder commented that Murdoch has long "expressed his personal, political and business biases through his newspapers and television stations". Former Times assistant editor Fred Emery remembers an incident when "Mr. Murdoch called him into his office in March 1982 and said he

5115-495: The company's 1901 founding to 1976, and U.S. Steel owned the building between 1919 and 1973. The Empire Building's 21st floor was constructed between 1928 and 1930 to designs by John C. Westervelt. The building was converted to apartments in 1997. The plot measures 78 feet (24 m) along Broadway , 223 feet (68 m) along Rector Street, and 50 feet (15 m) on Trinity Place with a footprint of approximately 14,000 square feet (1,300 m ). Because of modifications made to

5208-505: The company's acquisition by News Corporation. In an editorial page column, publisher L. Gordon Crovitz said the Bancrofts and News Corporation had agreed that the Journal ' s news and opinion sections would preserve their editorial independence from their new corporate parent. A special committee was established to oversee the paper's editorial integrity. When the managing editor Marcus Brauchli resigned on April 22, 2008,

5301-599: The debut edition of The Wall Street Journal was a raw wire report about the boxing match between John L. Sullivan and Jake Kilrain , with varying accounts of the fight citing The Boston Globe , the Baltimore American , and anonymous sources. Seldom did The Wall Street Journal publish analysis or opinion articles in its early decades. In addition to a private wire to Boston, the Journal had reporters communicate via telegraph from Washington, Philadelphia, Chicago, Pittsburgh, Albany , and London. In 1896,

5394-411: The earliest steel-framed buildings over ten stories, and the Empire Building had been modeled after it. The narrowness of the lot resulted in the inclusion of an extensive system of steel skeleton framing and bracing. The foundations were nonetheless designed to accommodate a future expansion of the building. The total floor area is 300,000 square feet (28,000 m ). Due to the irregular shape of

5487-492: The early days of business journalism . In 1921, Barron's , the United States's premier financial weekly, was founded. Scharff described the newspaper in the Barron era as "Wall Street's public defender" against regulatory efforts by the U.S. Congress. Circulation continued to rise, reaching 18,750 to 1920 and 52,000 briefly in 1928. Barron died in 1928, a year before Black Tuesday , the stock market crash that greatly affected

5580-420: The facade. The original Empire Building was a brownstone structure constructed in 1859. Though the politician and real estate developer Orlando B. Potter had acquired the brownstone in 1884, he died prior to the current building's construction. The present Empire Building was ultimately developed by his children as a 20-story structure. The Empire Building was the home of United States Steel Corporation from

5673-483: The former "Business & Tech" and "Money & Investing" sections. The new "Life & Arts" section took the place of "Personal Journal" and "Arena". In addition, the Journal 's "Greater New York" coverage was reduced and moved to the main section of paper. The section was shuttered on July 9, 2021. A 2018 survey conducted by Gallup and the Knight Foundation found that The Wall Street Journal

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5766-443: The late 18th century. The plot was sold to Grace Church in 1808 or 1809, and a church was built on the site. In 1837, Grace Church sold the land, and eight years later, merchant Michael Simpson bought the plot. A six-story brownstone office building at 71 Broadway was built in 1859, and was part of a group of many low-rise residential and commercial buildings erected on the lower section of Broadway. The brownstone became known as

5859-403: The lot area, none of the sides are equal or parallel to each other. Since being converted to a residential building in 1997, the Empire Building has included 238 apartments, which contain between 537 to 1,142 square feet (49.9 to 106.1 m ) of space. The residential units include studio apartments as well as one- and two-bedroom apartments. Though the interior has been extensively remodeled,

5952-627: The lot area. The caissons were intended to reduce disruption to other buildings during the excavation process. Sooysmith was among the first builders to use pneumatic caissons for foundations, having used them in other projects such as the Manhattan Life Insurance Building across Broadway (later demolished) and the American Surety Building two blocks south. The latter was the first steel-framed skyscraper built on pneumatic caissons, as well as one of

6045-466: The middle of the facade. On the third and fourth floors of the Rector Street facade, there is an arcade with Ionic -style vertical pilasters . The full basement facing Trinity Place has a storefront under the northernmost two bays. A recessed entrance designed by Walker & Gillette was installed in the southern two bays in 1937–1938. At the first story, there was formerly an entrance to

6138-411: The new building. The facade was completed on April 19, 1898, with the first tenants moving to the new building shortly afterward. At the time of the Empire Building's completion, it was one of the tallest buildings in New York City by floor count. It was among the first of several high-rise buildings that were erected on the southernmost section of Broadway starting in the late 1890s as well as one of

6231-413: The old structure with a building of which we might always be proud". During 1896, the caisson foundations were sunk at a depth of 50 feet (15 m). Construction on the above-ground structure started on June 1, 1897. During the excavation, a cornerstone from the old Grace Church was found at the building site, as well as bones and numerous tombstones. The arcade from the old building was kept within

6324-521: The paper laid off another five people from its standards and ethics team. In April, the paper laid off at least 11 people from its video and social media desks. In May, the Journal cut six editorial staff positions from its Hong Kong bureau and another two reporter jobs in Singapore . Moving forward the paper will shift its focus in the region from Hong Kong to Singapore with new the creation of several new jobs at that bureau. More staff were laid off

6417-402: The paper's "combination of respected news pages and conservative editorial pages seem to be a magic formula for generating trust across the ideological spectrum." From 2019 through 2022, the Journal partnered with Facebook to provide content for the social-media site's "News Tab". Facebook paid the Journal in excess of $ 10 million during that period, terminating the relationship as part of

6510-530: The print edition. By June 2013, the monthly cost for a subscription to the online edition was $ 22.99, or $ 275.88 annually, excluding introductory offers. Digital subscription rates increased dramatically to $ 443.88 per year as its popularity increased over print, with first-time subscribers paying $ 187.20 per year. On November 30, 2004, Oasys Mobile and The Wall Street Journal released an app that would allow users to access content from The Wall Street Journal Online via their mobile phones. In September 2005,

6603-400: The questionable practice. As a result, the then Wall Street Journal Europe CEO and Publisher Andrew Langhoff was fired after it was found out he personally pressured journalists into covering one of the newspaper's business partners involved in the issue. Since September 2011, all the online articles that resulted from the ethical wrongdoing carry a Wall Street Journal disclaimer informing

6696-431: The readers about the circumstances in which they were created. The Journal , along with its parent Dow Jones & Company, was among the businesses News Corporation spun off in 2013 as the new News Corp . In November 2016, in an effort to cut costs, the Journal 's editor-in-chief, Gerard Baker , announced layoffs of staff and consolidation of its print sections. The new "Business & Finance" section combined

6789-405: The strike, Kilgore ordered the printing presses moved from New York to Chicopee, Massachusetts effective July 1, 1963. Although Kilgore did not publicly explain his rationale then, Scharff wrote in 1986 that the move resulted from feuds between Dow Jones and the printer's union. By Kilgore's death in 1967, Wall Street Journal circulation exceeded one million. In 1967, Dow Jones Newswires began

6882-410: The top of the arch, with the number "71" in stainless steel. Staircases to the Wall Street subway station flank the arches at the main entrance. On the corner of Broadway and Rector Street, there is a chamfer that used to have an entrance at the first floor. Along Rector Street, the facade of the base is divided into three parts, and the full basement has storefronts. An entrance arch was located in

6975-477: The top of the building was removed, and the 21st story and terracotta elevator room were built above a new steel parapet. In 1937, Walker & Gillette filed plans for major modifications to the Empire Building, which would cost $ 350,000. The main entrance on Broadway and the Trinity Place entrance was refashioned in an Art Deco style, and the connection to the Sixth Avenue elevated's Rector Street station

7068-455: The world had been once and for all permanently established in New York", according to The New York Times . Blanche Potter later recalled that the sale took place at a time when the Potter family had experienced "financial worry", and U.S. Steel's purchase relieved them of such constraints. John C. Westervelt designed an addition to the building between 1928 and 1930. The original parapet at

7161-628: The world, including Europe and Asia. The editorial pages of the Journal are typically center-right in their positions. The newspaper has won 39 Pulitzer Prizes . A predecessor to The Wall Street Journal was the Kiernan News Agency founded by John J. Kiernan in 1869. In 1880, Kiernan hired Charles H. Dow and Edward D. Jones as reporters. On a recommendation of Collis Potter Huntington , Dow and Jones co-founded their own news service, Dow Jones and Company , with fellow Kiernan reporter Charles Bergstresser . Dow Jones

7254-526: Was "immensely enhanced by the open space opposite" which was occupied by the Trinity churchyard. According to Schuyler, the building's value was increased by the fact that the entirety of the Rector Street facade could be seen because of the churchyard's presence. Architectural writer Sarah Bradford Landau stated that the Empire Building "possesses a quite dignity and an assured elegance", unlike Kimball's earlier Manhattan Life Building. Not all critics viewed

7347-492: Was "more suitable". The base is four stories of polished gray granite. Due to the difference in elevation between the front and the back of the building, the site slopes down from Broadway to Trinity Place, and there is a full-height storefront in the basement on Trinity Place. The main entrance on Broadway is based on a triumphal arch , with a main archway that contains three pairs of steel doors, and two smaller flanking ones that lead to first floor stores. The triumphal arch

7440-475: Was 83,421. Its largest markets in order of importance were: Hong Kong, Singapore, the Philippines , Japan , Thailand , South Korea , Indonesia, Taiwan, Malaysia, China, India, and Vietnam. The final print edition of the newspaper was published on 9 October 2017. The paper's main regional office was in Hong Kong, and its former editor, international, was Daniel Hertzberg . The first editor and publisher of

7533-440: Was Jewish, in contrast to the largely midwestern, WASP management of the Journal at the time. Phillips, a former socialist, shifted his political views in the 1950s to reflect social liberalism and fiscal conservatism. Under Phillips, the Journal provided in-depth coverage of the civil rights movement , on the grounds that it "was something that the average businessman needed to know about". For instance, Journal coverage of

7626-488: Was a freight elevator that could carry loads of up to 8,000 pounds (3,600 kg). Each of the shafts was enclosed in masonry. The bottom 50 feet (15 m) of each elevator shaft narrowed slightly to create a protective "air cushion", which used air pressure to slow down elevator cabs if they were to fall. These safety features were included because of a series of elevator accidents that had taken place at nearby 150 Nassau Street . An elevator cab with eggs and light bulbs

7719-612: Was a three-day strike at Silver Spring, Maryland , in 1967; that would be followed by a weeklong strike by truck drivers at the South Brunswick, New Jersey , in 1970. The period from 1971 to 1997 brought about a series of launches, acquisitions, and joint ventures, including " Factiva ", The Wall Street Journal Asia , The Wall Street Journal Europe , the WSJ.com website, Dow Jones Indexes, MarketWatch , and "WSJ Weekend Edition". In 2007, News Corp. acquired Dow Jones. WSJ. ,

7812-548: Was also online at WSJ.com, the largest paid subscription news site on the web, and in Chinese at Chinese.wsj.com. The Wall Street Journal The Wall Street Journal ( WSJ ), also referred to simply as the Journal , is an American newspaper based in New York City , with a focus on business and finance. It operates on a subscription model, requiring readers to pay for access to its articles and content. The Journal

7905-548: Was awarded by the Society for News Design World's Best Designed Newspaper award for 1994 and 1997. On May 2, 2007, News Corporation made an unsolicited takeover bid for Dow Jones , offering $ 60 per share for stock that had been selling for $ 36.33 per share. The Bancroft family , which controlled more than 60% of the voting stock, at first rejected the offer, but later reconsidered its position. Three months later, on August 1, 2007, News Corporation and Dow Jones entered into

7998-415: Was built in 1910. On April 23, 1919, the U.S. Steel Corporation bought the building from the Potter trust for approximately $ 5 million in cash. At the time, the sale was reported to be one of the largest transactions ever conducted for a private property in New York City. The purchase was of interest to real-estate developers and to other steel companies, since it signified that "the steel centre of

8091-474: Was commonly believed to be the largest paid-subscription news site on the Web, with 980,000 paid subscribers. Since then, digital subscription has risen to 1.3 million as of September 2018, falling to number two behind The New York Times with 3 million digital subscriptions. In May 2008, an annual subscription to the digital edition of The Wall Street Journal cost $ 119 for those who do not have subscriptions to

8184-476: Was considered the third most-accurate and fourth most-unbiased news organization among the general public, tenth among Democrats , and second among Republicans . In an October 2018 Simmons Research survey of 38 news organizations, The Wall Street Journal was ranked the most trusted news organization by Americans. Joshua Benton of the Nieman Journalism Lab at Harvard University wrote that

8277-555: Was considering firing Times editor Harold Evans . Mr. Emery says he reminded Mr. Murdoch of his promise that editors couldn't be fired without the independent directors' approval. 'God, you don't take all that seriously, do you?' Mr. Murdoch answered, according to Mr. Emery." Murdoch eventually forced out Evans. In 2011, The Guardian found evidence that the Journal had artificially inflated its European sales numbers, by paying Executive Learning Partnership for purchasing 16% of European sales. These inflated sales numbers then enabled

8370-562: Was experimentally dropped from the top of the shaft on July 18, 1898; despite having fallen past the third floor at 82 miles per hour (132 km/h), the eggs and light bulbs were found to have been undamaged. The first recorded owner of the site was the Trinity Church and German Lutheran Church , though the German Lutheran Church only occupied a part of the plot. There was an inn at Rector Street and Broadway in

8463-504: Was headquartered in the basement of 15 Wall Street, the same building as Kiernan's company next to the New York Stock Exchange Building . The first products of Dow Jones & Company , the publisher of the Journal , were brief news bulletins, nicknamed flimsies , hand-delivered throughout the day to traders at the stock exchange . Beginning in 1883, they were aggregated in a printed daily summary called

8556-476: Was refused. Politician and developer Orlando B. Potter ultimately purchased the building the same year. The brownstone was bombed in 1891 as part of an extortion attempt directed toward politician Russell Sage , killing four people including the bomber. Prior to the explosion, a building tenant had written a letter to the New York City Department of Buildings ' commissioner, claiming that

8649-414: Was removed, as part of the project. The facade of the base was also redesigned, and the shops in the Empire Building's arcade were removed. The renovation was completed in 1938. U.S. Steel sold the building in 1973. The Empire Building remained U.S. Steel's headquarters until 1976, and the company remained in the building until the mid-1980s. Subsequently, Broadway West Street Associates took ownership of

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