CNBC is far and away the ratings leader in the financial cable news business — and its executives, producers and reporters are working hard to keep it that way. They're telling some guests they can't appear on rival channels amid breaking news.

The company said it wanted to focus on The New York Times — its flagship newspaper. The Times bought the Globe for a record $1.1 billion in 1993.

The New York Times Co. announced Wednesday that it plans to sell The Boston Globe and its related properties.

In a speech earlier this month, author Hilary Mantel said the Duchess of Cambridge "appeared to have been designed by committee and built by craftsmen." Britain's tabloids were outraged, and even the prime minister weighed in.

The parent company of Reader's Digest has filed for bankruptcy protection. This is the second time in less than four years. RDA Holding says it plans to emerge from Chapter 11 in less than six months. Linda Wertheimer talks to Peter Kreisky, a media industry adviser and founder and chairman of the Kreisky Media Group.

The venerable magazine's parent company has filed for bankruptcy protection for the second time in less than four years. RDA Holding says it plans to emerge from Chapter 11 in less than six months. The magazine will continue to be published during the period.