LocalNews

AOL's fast-growing, hyper-local news company Patch rolled out coupons on its sites last month. So far, the coupons appear to be of the traditional variety, but considering Patch's overall strategy and boots-on-the-local-ground base, I'd bet that it has a Groupon-clone under development.

The Minneapolis Star Tribune, Minnesota's largest newspaper and America's 15th largest, is one step closer to biting the dust. The paper has filed for Chapter 11 in a last-ditch effort to restructure $661 million in debts. This follows an announcement from the Seattle Post-Intelligencer that if the...