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Thomson Reuters Corporation announced that it has received approval from the Toronto Stock Exchange for the annual renewal of its normal course issuer bid. Under the renewed NCIB, up to 5 million common shares (which represents approximately 1% of Thomson Reuters issued and outstanding common shares) may be repurchased between January 4, 2021 and January 3, 2022. Thomson Reuters has set a target to maintain approximately 500 million common shares outstanding by using share repurchases to offset dilution associated with its dividend reinvestment and equity incentive plans. On December 24, 2020, there were 497,117,528 Thomson Reuters common shares outstanding. For its NCIB that began on August 19, 2019 and expired on August 18, 2020, Thomson Reuters previously received approval from the TSX to repurchase up to 25 million common shares. Of this amount, Thomson Reuters repurchased approximately 6.9 million common shares for a total cost of approximately US$500 million, representing an average price of US$72.61 per share.

Global research and education leader Wiley, together with the Big Ten Academic Alliance announced they have reached agreement for a one-year contract extension with an open access option, as a pilot in collective action toward the Big Collection. The Big Ten Academic Alliance is a premier higher education consortium in the U.S. that includes major research institutions in 11 U.S. states. The agreement enables researchers at 13 participating flagship universities and 17 affiliated campuses to publish accepted articles open access in all of Wiley's hybrid open access journals in 2022. The agreement also provides access to all of Wiley’s subscription content across the consortium. The agreement aims to advance the goals of the BTAA Big Collection to move toward a sustainable open scholarship ecosystem.

Newspapers across the country could be thinner or even disappear in the near future as news executives nationwide wrestle with disruptions in paper supplies and new tariffs on newsprint. Tariffs as high as 32 percent have been placed on imported newsprint from Canadian paper mills as the U.S. Commerce Department and the International Trade Commission investigate complaints of unfair trade practices leveled against Canadian suppliers by a Washington state-based paper company. Tariffs have driven up the cost of newsprint, a commodity that already has seen prices increase over the years because of high demand and low supply. Newsprint is generally the second-highest cost for newspapers after payroll. Click Read More below for additional information.