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Daily circulation at the nation’s newspapers dropped 10% for the six months ending September 30 according to industry measurement service Audit Bureau of Circulations. It is not clear whether...
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Bloomberg is, according to several reports, the most likely buyer of the largest business magazine in America. BusinessWeek is being sold by McGraw-Hill (MHP) Bloomberg has the balance sheet and...
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Reuters: The retirement package for Ken Lewis of Bank of America (BAC) may be as high as $125 million. Reuters: US car sales plunged in September with Ford (F) up and GM down. Toyota (TM) and...
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BusinessWeek is losing money, over $40 million last year by some accounts, and more if the publication’s corporate overhead is included. There have been questions about whether BusinessWeek is...
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Berkshire Hathaway Inc. (NYSE: BRK-A)(BRK-B) has released its public stock holdings for Q2-2009 as of June 30, 2009. Buffett did make some portfolio changes that have been seen here from the end of...
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How frequently has Warren Buffett been bashed by the media over Berkshire Hathaway Inc.’s (NYSE: BRK-A) lackluster performance ? What was interesting to see is his stake being lowered in...
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Reuters: Social media such as Twitter may not be worth as much as many people believe because of challenges they face in bringing in revenue. Reuters: The arrests of Rio Tinto (RTP) employees...
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It’s taken a back seat to health care, but one of the next big agenda items for President Obama’s administration is cybersecurity, a priority that is becoming all the more clear following July 4...
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Reuters: Airlines are cutting back on first class seating. Reuters: Xstrata wants merger talks with mining rival Anglo American. Reuters: Employers are cutting 401 (K) plans....
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Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A)(BRK-B) holdings for the first quarter of 2009 are now out for the cut off date here of March 31, 2009. There are some changes from the end...
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The Washington Post (WPO) turned in earnings that showed just how important it is that the company owns the Kaplan education business. That results at Kaplan helped offset a 33% advertising revenue...
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At one point, three or four years ago, for a major metropolitan newspaper to lose 4% or 5% of it daily circulation would have been considered bad news. For the six month period ending in March, ten...
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The Detroit Free Press, one of the old city dailies, on the brink of extinction and in the shadow of the failing car industry, won a Pulitzer Prize for reporting. Last year, the paper published text...
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The New York Times (NYT) and Washington Post (WPO) both said that they would have to cut jobs and salaries. The falling revenue in the print advertising business is overtaking them and they have no...
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According to Reuters, the Obama financial reforms face a bumpy road. Reuters reports that the NY State Attorney General has subpoenaed AIG (AIG) over its CDS contracts. Reuters reports that Obama’s...
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