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Stock impact report

New York Times braces for 24-hour newsroom strike [Globe and Mail, The (Toronto, Canada)]

New York Times Company (The) (NYT) 
Last new york times company (the) earnings: 2/6 07:00 am Check Earnings Report
The New York Times is bracing for a 24-hour walkout Thursday by hundreds of journalists and other employees, in what would be the first strike of its kind at the newspaper in more than 40 years. Newsroom employees and other members of The NewsGuild of New York say they are fed up with bargaining that has dragged on since their last contract expired in March 2021. The union announced last week that more than 1,100 employees would stage a 24-hour work stoppage starting at 12:01 a.m. Thursday unless the two sides reach a contract deal. Negotiations lasted for more than 12 hours into late Tuesday and continued Wednesday, but the sides remained far apart on issues including wage increases and remote-work policies. “It's looking very likely that we are walking on Thursday,” said Stacy Cowley, a finance reporter and union representative. “There is still a pretty wide gulf between us on both economic and a number of issues.” It was unclear how the day's coverage would be affected, bu Show less Read more
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