wpo

Why would gadget-obsessed news junkies pay to read The New York Times on the new Amazon (AMZN) Kindle DX when they can read it for free on their iPhones? Unless, of course, today's announcement that The New York Times Co. (NYT) and The Washington Post Co. (WPO) will underwrite the cost of the new,...

Like the swallows returning to San Juan Capistrano, Warren Buffett's acolytes arrive every year at the annual meeting of Berkshire Hathaway Inc (BRK.A) in Omaha, hoping to absorb the wisdom of the greatest investor ever. Unfortunately, today he did not offer them much reason for optimism. "It has...

Newspapers were struggling before the economy slowed down and now that the recession has arrived they are in a death spiral. The Newspaper Association of America estimates total revenue will fall 5.5 percent this year, down from a drop of 11.5 percent last year. Some of the biggest and most...