In addition to the bad news reported in this post (on a day when the Dow did indeed close over 12,000), Stephen Spruiell links to this Editor & Publisher story:
The New York Times Co. reported Thursday that its third-quarter 2006 profit from continuing operations plunged 39.2% on costs related to its job cuts and a loss on its sale of its 50% stake in the Discovery Times Channel.
Glad to see them paying a price for their arrogance.
Blogging since 2002, affiliated with PJM since 2005, where he is currently a columnist, Dallas Editor, and founder of PJM's Lifestyle blog. Over the past 15 years, Ed has contributed articles to National Review Online, the Weekly Standard.com, Right Wing News, the New Individualist, Blogcritics, Modernism, Videomaker, Servo, Audio/Video Interiors, Electronic House, PC World, Computer Music, Vintage Guitar, and Guitar World. As an Amazon Associate, he earns from qualifying purchases. For media inquiries, please contact [email protected].
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