Yahoo Inc. and a loose consortium of newspaper publishers are considering a partnership that would include Web classifieds, local news, and content packages based on general themes like travel, BusinessWeek magazine reported on Thursday.

The move could drive more traffic to Yahoo's help-wanted HotJobs site, the magazine reported.

Executives from Hearst Newspapers and MediaNews Group, which run daily papers near Yahoo's headquarters, are spearheading the discussions along with other participants, the magazine reported.