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Wall Street Journal |
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The Wall Street Journal is an English language international daily newspaper published by Dow Jones and Company in New York City with European and Asian editions. The newspaper is very famous all over the world and has a worldwide circulation, which is above 2 million with 931,000 paying online subscribers. This newspaper is considered as a largely circulated newspaper in United States until November 2003. As a financial newspaper the London-based Financial Times, is its greatest competitor.
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The Wall Street Journal now covers business at international levels from United States and also publishes financial news and issues. The newspaper derives its name from the Wall Street; the street in New York City which is also heart of the financial district. The Wall Street Journal has been continuously printed after it was founded on July 8, 1889 by Charles Dow, Edward Jones and Charles Bergstresser. The newspaper has also won the Pulitzer Prize thirty-three times including prizes in the year 2007 for backdated stock options and for the adverse impact of China's thriving economy.
In the beginning years the control of the company was purchased by journalist Clarence Barron for US$ 130,000 in the year 1902. At that time the total circulation was somewhere around 7, 000 but it soon raised to 50,000 by the end of 1920s. It was in 1940s that the journal took its present shape and size and in 1941 Bernard Kilgore was named managing editor of the Wall Street Journal.
The online version of the newspaper was launched in the year 1996. Soon the newspaper was held as the largest paid-subscription news site on the Web, with 980,000 paid subscribers in mid-2007.
Recently in the Wall Street Journal launched a worldwide expansion of its own web service and it now includes major foreign-language editions.
To know more about the various finance sites and about the kind of information they provide, browse through the pages of financesiteshub.com.
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