The New York Times Co signed up thousands of digital subscribers in the third quarter, helping the newspaper publisher top Wall Street profit forecasts and driving its shares 12.5 per cent higher on Thursday.
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The share plunge erased $5 billion from the net worth of Facebook founder, Mark Zuckerberg
The resignation comes in the wake of probe into Russia’s role in the US election
The Clearing House, a trade association representing the largest US banks, including JPMorgan Chase & Co, Bank of America and Citigroup, has long raised concerns about the effectiveness of the current rules