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In case it wasn't perfectly apparent that it's a new day at BusinessWeek, the magazine's new owner, Bloomberg LP, cleared things up Tuesday with its appointment of a new editor in chief. The job will go to Josh Tyrangiel, who, as deputy managing editor of Time, had been overseeing the newsweekly's...

When a $20 billion company buys a magazine for less than $5 million, it's almost by definition not a big deal. And even if the true cost of Bloomberg's acquisition of BusinessWeek is closer to the $70 million Sharon Waxman reports, it's still barely a speck on the financial-news giant's balance...

BusinessWeek has found a new home, and its identity comes as no surprise. Bloomberg LP, the financial news and information giant, has agreed to buy the 80-year-old business magazine after a public sale process that lasted throughout the summer. In announcing the acquisition, Bloomberg president...