NEW YORK--A massive $922.5 million charge relating to the scaleback of Dow Jones Markets forced parent Dow Jones & Co. to post its first loss since 1963. Releasing 1997 earnings last week, the company said the Dow Jones Markets charge and other extraordinary items would result in a $928.0 million charge against fourth-quarter earnings and a loss for the year of $889.3 million.
The bulk of the Dow Jones Markets charge is a noncash writedown of goodwill to the tune of $850 million. The rest of
Jesse Lund talks about real uses for DLT in the capital markets, lessons learned while rolling out IBM's blockchain platform, and what’s ahead for 2018, and into 2019.Subscribe to Weekly Wrap emails