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New York Times is a survivor, but it's bleeding internally. Its stock has floundered in the single digits since March. It hasn't dished out a dividend in three years. Revenue has fallen every year since 2006. And its unclear if its Internet plans can sustain a traditional publisher.
We're addicted to free information, and we only have ourselves to blame. When the Web emerged, newspapers and magazines saw it as a sort of add-on -- a guest bedroom in their fancy mansion, where they could give away their best work in the deluded (and rarely substantiated) knowledge that...
Imagine that, instead of paying for a bundle of cable stations, you had to pay for each one separately. That would be a death knell for many networks. This is a major hurdle facing online content providers that need to produce more revenue to survive. A new Google initiative could provide a...
The Wall Street Journal reported Wednesday that Gannett Co., the largest newspaper company in the country, will lay off another 1,000 (1,400 according to Gawker) of its 41,500 employees to help combat declining revenues. In the scheme of things, that's about 2%, an insignificant number, but it's...
A new model is being tried for newspapers to make money online, and it doesn't bode well for readers used to getting their news online for free. At least it doesn't if it's successful.The Newport Daily News, a 12,000-circulation newspaper in Rhode Island, is charging much more for for its online...
Only 631,000 Americans filed first-time unemployment claims last week. I say "only" because that's fewer than the 645,000 who filed claims the week before. I should know: I'm one of them. I filled out an application today through Florida's Agency for Workforce Innovation website. It asked me for...
The newspaper business is in such bad financial shape that winning a Pulitzer Prize, or being shot while out reporting, didn't lead to job security for some journalists.Todd Smith was laid off at the Suburban Journals, a chain of newspapers outside St. Louis and owned by Lee Enterprises, on April...
At least Lou Carlozo can't say he was unprepared. As the Chicago Tribune's assistant feature editor and writer of the popular "Recession Diaries" blog, he knew better than most what the suddenly cash-strapped have to look forward to. Still, it didn't make it any easier when on Wednesday he got his...
With so many people freeloading their news online (ahem!), of course it had to happen in Seattle, a hive of American computing. On Tuesday, the final issue of the Seattle Post-Intelligencer will be published, and the paper will go web-only. It's the city's oldest newspaper, having started in the...
The staff at the Seattle Post-Intelligencer, or the Seattle P-I as it is also called, have known for awhile that they'll likely lose their jobs if owner the Hearst Corp. doesn't find a buyer for the daily newspaper. A decision to either sell if a buyer was found, or to close, or become an online...

Market Movers

SymbolLastChange / %Volume

Most Actives

BAC
Bank of America Corp
8.07-0.11
-1.34%
254.23M
ALU
Alcatel-Lucent (ADR)
2.19+0.25
+12.89%
122.18M
GE
General Electric Company
18.88-0.26
-1.33%
109.55M
F
Ford
12.44-0.25
-1.97%
52.49M

% Gainers

CIE
Cobalt International Energy
31.68 +7.78
+32.55%
18.42M
LNKD
LinkedIn Corp.
89.96 +13.57
+17.76%
13.27M
ALU
Alcatel-Lucent (ADR)
2.19 +0.25
+12.89%
122.18M
WNS
WNS (Holdings) Limited (ADR)
10.50 +1.10
+11.70%
3.07M

% Losers

NBG-A
National Bank of Greece SA (ADR)
5.72-1.03
-15.26%
188,505
OSG
Overseas Shipholding Group, Inc.
10.18-1.65
-13.95%
1.88M
AB
AllianceBernstein Holding LP
14.35-2.16
-13.08%
1.30M
OC-B
Owens Corning (Warrant) 'B'
2.31-0.34
-12.83%
26,436
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