In the Press

"Student Editors at OR college apologize for satire" by the Associated Press

Editors of a campus humor publication and Reed College's president apologize for a "fake" article that said Lewis and Clark College students killed all the Jews on their campus. The article was meant as satire in response to an article in Reed's regular student newspaper regarding Anne Frank's diary. Another article in the same edition as the article regarding killings, called "Getting ready for Black History Month" included preparations such as "photoshop myself into other people's Kwanza pictures and put them up around my house."

http://www.google.com/hostednews/ap/article/ALeqM5hMF-Yl8AthnDpyf7hAnpQtTbw3cWD9BC0TE00

"New York Times Halts Plan for Selling Boston Globe (Update 2)" by Greg Bensinger and Sarah Rabil

New York Times has ended efforts to sell the Boston Globe after union concessions have shed a more positive financial future, according to the company. Cost reductions -- jobs, wages, benefits and sections -- happened due to ad sales decreasing.

The publisher threatened to cloe the Globe in April if unions hadn't agreed to $20 million in cost cuts, according to the Newspaper Guild.

However, an analyst said the paper now has "emple liquidity for a couple years." Time Co. shares have also gained 18% this year. Time Co. is still trying to sell its holding in New England Sports Ventures.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=akMgtgMlBdyw