Dow Jones publication The Wall Street Journal announced that it plans to launch a glossy monthly magazine, titled Pursuits, in September 2008. According to a company news release, the magazine will focus on lifestyle coverage, particularly the world of wealth, from luxury goods and travel, to art and investing. The content of Pursuits will also be available at no charge at The Wall Street Journal Online.
After quite a bit of wrangling, Dow Jones is slated to be acquired by News Corp . The deal is currently slated to close on November 15, 2007 at a price of $60 per share in cash/stock.