(), based in the
United States , is a publishing and financial information firm.
The company was founded in ,
Edward Jones , and
Charles Bergstresser . Like ''
The New York Times '' and the ''
Washington Post '', the company is publicly traded but privately controlled. The company is led by the Bancroft family, and is not the subsidiary of a multinational corporation.
Its flagship publication, ''
The Wall Street Journal '', is a daily
Newspaper covering U.S. and international business and financial news and issues. It began publishing on
July 8 ,
1889 . Other versions of the ''Journal'' include:
Sister publications of the ''Journal'' include ''
Barron's Magazine '', a weekly overview of the world economy and markets; the monthly journal ''
Far Eastern Economic Review ''; and the consumer magazine ''
SmartMoney '' in conjunction with the
Hearst Corporation .
Dow Jones also owns
Ottaway Newspapers, Inc. , which publishes several community newspapers in the U.S.
Dow Jones Electronic Publishing hosts several websites. In addition to online editions of its publications, the company operates the career advancement-oriented
CareerJournal.com and
CollegeJournal.com ;
OpinionJournal.com , with featured content from the ''Wall Street Journal'''s politically .
In January of 2005, Dow Jones purchased CBS MarketWatch in a transaction valued at $528 million.
MarketWatch is a popular financial website among retail investors, and Dow Jones purportedly coveted its successful business-to-consumer advertising base to augment its reliance on business-to-business advertising and subscription-based business models.
In broadcasting, Dow Jones provides news content to CNBC in the U.S. It produces two shows for commercial
Radio , ''
The Wall Street Journal Report '' and ''
The Dow Jones Money Report ''. CBS News Marketwatch is now making new studios on Wall Street for reporter
Alexis Christoforous to be close to the action of the New York Stock Exchange and the American Stock Exchange.
The company is also responsible for several widely used
Stock Market Indices , among them:
The Bancroft family effectively controls the company class B shares, each with a voting power of 10 regular shares.
Current members of the ,
Lewis B. Campbell ,
Michael Elefante ,
John Engler ,
Harvey Golub ,
Leslie Hill ,
Irvine Hockaday ,
Vernon Jordan ,
Peter Kann (Chairman),
David Li ,
Peter McPherson ,
Frank Newman ,
James Ottaway ,
Elizabeth Steele , and
William Steere .