Read All About It: Journal Posts 'Help Wanted' Sign

After Marcus Brauchli officially resigned as managing editor of the Wall Street Journal this afternoon, the paper said it will "begin a search for Mr. Brauchli's replacement immediately." That may prove difficult: Brauchli, who will remain with News Corp. as a consultant,   wasn't given the control over the paper he felt management had promised, the New York Times reports.

Brauchli said in a letter to his staff that he's "come to believe the new owners should have a managing editor of their choosing." (More Marcus Brauchli stories.)