As Tronc announced today’s closing of its sale of the Los Angeles Times and San Diego Union-Tribune for $590 million including the assumption of liabilities, multiple press reports said it plans to surrender its controversial name.

Short for “Tribune Online Content” (and also an obscure bit of British slang), Tronc as …

It’s the end of an era at Time Inc with the announcement today that vice chairman Norman Pearlstine — one of the most prominent editors in business journalism — will retire from the company July 17.

He’ll advise early-stage domestic and international media firms, including Money.net, and plans to continue writing about…