Author: John Jarvis

Anschutz’s, Buffett’s influence on newly acquired papers remains to be seen

By Media

Billionaire Warren Buffett, chairman and chief executive officer of Omaha, Neb.-based Berkshire Hathaway Inc., has purchased the Omaha World-Herald Co., the parent company of his hometown newspaper, the Omaha World-Herald. The deal, announced Nov. 30, includes $150 million in cash as well as the assumption of $50 million of debt.

The move comes on the heels of an announcement that another Midwest newspaper, The Daily Oklahoman in Oklahoma City, was acquired in October by the Anschutz Corp., owned by Denver billionaire Philip Anschutz.

Do Romney’s ties to Bain Capital add up to a conservative talk radio advantage?

By Media

By now, most observers of the Republican presidential primary race have heard of Mitt Romney’s ties to Bain Capital, the alternative asset management and financial services company he helped co-found in 1984.

What those same observers may not realize is that Romney’s financial stake in Bain Capital just might give him a decided advantage on the radio airwaves in his quest for the GOP nomination.