News & Observer Coverage
State Supreme Court upholds libel ruling against N&O
The North Carolina Supreme Court upheld a ruling that a reporter and the News and Observer committed libel in a series about the State Bureau of Investigation's ballistics lab.
Wake County school board moves quickly to change name of school
WRAL's Aaron Thomas has more on the decision by the Wake County school board on Tuesday to change the name of a school that was chosen for a white supremacist, Josephus Daniels.
Daniels Middle School renamed for Oberlin, historic freedman's community
A statue of Josephus Daniels has been removed from downtown Raleigh. Now, Daniels Middle School may also change its name--to no longer honor Josephus, who founded N&O, but also triggered race riots that lead to death of black residents in Wilmington in the 1890s.
McClatchy, owner of News & Observer, files bankruptcy
McClatchy hopes to shed legacy costs, saying, "Legacy companies carry large pension obligations that eat into cash flow and profits." Officials said more than 7 million shares of both publicly available and protected family-owned stock would be canceled.
McClatchy, owner of News & Observer, files bankruptcy to shed old costs, speed shift to digital
McClatchy Co., the organization behind Raleigh's own News & Observer, released a statement saying they filed for bankruptcy on Thursday, ending family control of America's second largest local news company.
McClatchy reports net loss in Q3, cites growth in digital products
McClatchy (NYSE American-MNI), the parent company of Raleigh's News & Observer and Durham's Herald Sun reported a net loss in the third quarter of 2019 of $304.7 million, or $38.43 per share. This compares to net income of $7 million, or $0.90 per share in the third quarter of 2018.