The New York Times building, viewed from across the street Wednesday. (AP Photo)

Pedestrians wait for cabs across the street from The New York Times on Wednesday, May 14, 2014, in New York. The New York Times on Wednesday announced that executive editor Jill Abramson is being replaced by managing editor Dean Baquet after two and a half years on the job. The company didnít give a reason for the change. (AP Photo)