![]() They raised $70,000 to establish Raymond, Jones & Company, largely by selling stock to wealthy upstate New York investors, and set up their editorial offices in a dilapidated six-story brownstone on Nassau Street in downtown New York City. ![]() Raymond proposed a newspaper that would present the news in a conservative and objective fashion, in contrast to the yellow journalism of the day, which emphasized crime, scandal, and radical politics. The principal founders of The New York Times were Henry Jarvis Raymond, a sometime politician, reporter, and editor who learned his trade working for Horace Greeley on the New York Tribune, and George Jones, an Albany, New York, banker who had also once worked for Greeley as a business manager on the Tribune. In addition it has equity interests in three Canadian newsprint mills and a partnership interest in a Maine paper mill. The company also operates five television stations, two radio stations, a news service, and a features syndicate, and licenses databases and copyrights. During its history of nearly 140 years, the company has grown to include along with The New York Times, 32 regional newspapers and 17 magazines, including such popular journals as Family Circle, McCall ’s, Golf Digest, and Tennis. ![]() ![]() Its principal property is one of the world ’s great newspapers, The New York Times, founded in 1851. The New York Times Company (NYTC) is a large diversified media and communications business engaged in newspaper and magazine publishing, broadcasting and information services, and, to a lesser extent, forest products. The wreckage of the ship sits about 380 nautical miles south of Newfoundland in Canada at a depth of about 12,800 feet.Incorporated: 1851 as Raymond, Jones & Company The Massachusetts-based Woods Hole Oceanographic Institution, which helped to find the wreckage of the Titanic in 1985, told WFXT that the organization’s engineers and researchers were “providing expertise as warranted” and monitoring the situation on Monday.Ī British passenger liner, the RMS Titanic was the largest ship of its time and touted as “unsinkable.” During its maiden voyage in 1912, it hit an iceberg and sank in the Atlantic Ocean, killing more than 1,500 people. Officials with the Canadian Coast Guard told the news network that Monday’s search fell under the jurisdiction of the U.S. The vessel was reported missing after it was overdue by a few hours on Sunday, according to CBC News. “We are working toward the safe return of the crew members.” “Our entire focus is on the crew members in the submersible and their families,” the company said. OceanGate’s submersible can seat five people, typically including a pilot, three paying guests and an expert, BBC News reported.Ĭompany officials told CBC News that they were “exploring and mobilizing all options to bring the crew back safely” on Monday. The company launched an expedition to the Titanic on June 16, according to its website. Officials with OceanGate Expeditions, a private, U.S.-based company that uses manned submersibles for deep sea explorations, confirmed in a statement obtained by BBC News that it owns the missing vessel. The 5 person crew submerged Sunday morning, and the crew of the Polar Prince lost contact with them approximately 1 hour and 45 minutes into the vessel’s dive.- USCGNortheast June 19, 2023 ![]() The is searching for a 21-foot submersible from the Canadian research vessel Polar Prince. ![]()
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