Carpenter Media Group Buys 10 Southern Newspapers (mediapost.com)

Results for the Third Quarter Ended October 28, 2017: •Comparable store sales decreased 6.6% as compared with the prior year period. •Selling, general and administrative ("SG&A") expense decreased $11.2 million, or 5.2%, as compared with the third quarter of fiscal 2016. •Net loss in the current year third quarter was $44.9 million, or $2.19 per share, compared with net loss of $31.6 million, or $1.58 per share, in the third quarter of fiscal 2016. Click Read More below for additional information.

Target is giving thousands of its employees a raise. The retailer announced this week that it will start raising its minimum wage next month to $10 an hour, and will eventually raise it to $11 an hour for all U.S. stores. "Target has always offered market-competitive wages to our team members," Brian Cornell, Target’s CEO, said in a statement. "With this latest commitment, we'll be providing even more meaningful pay, as well as the tools, training, and support … that set Target apart." Although Cornell didn’t specify how many of the company’s current 323,000 employees will get the raise, it will apply to the 100,000 temporary workers that the retailer plans to hire ahead of the holidays. Target also committed to boosting its minimum wage to $15 per hour by 2020. Click Read More below for more of the story.

Facebook says more than 5,700 publishers began using or rejoined its Instant Articles feature this year. That includes Reuters, Salon and The Daily Dot. The top 100 publishers in the U.S. and Canada using Instant Articles experienced RPM (revenue per thousand article reads) growth of 48% year over year. Globally, the top 500 publishers saw RPM growth of 27% year over year.