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No News Is Good News: Companies Going Broke
Announcements from major media companies yesterday made it clear that the recession has hit those who report on it. Meanwhile, the Pulitzer Prizes announced plans to accept submissions from web-only news outlets, providing a redundant wake-up call to traditional news companies failing to get by. Here's a roundup of traditional media's most recent struggles:
- New York Times: Like many Americans, the New York Times Company will borrow against its house to keep the cash flowing.
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Say What? New Cubs Owner on Coming Out in Her Thirties
"I think for a long time I wasn't really out to myself growing up in Omaha, Nebraska, to a Catholic conservative family. It took me a while to come out to myself and not long after that I came out to them. I think that it really couldn't of been a better experience.
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