Friday, July 10, 2009
Publisher Harvey Hill sent an e-mail to staffers Thursday saying Friday's edition of the paper will be its last.
He told employees he did his best to keep the daily paper going, but the economy and changes in the newspaper industry have made it impossible to survive. He said employees will get their last paycheck next week and will have health coverage through the end of the month.
The paper covers the city of Claremont and the surrounding area, including several towns in Vermont.
Hill did not return a message for comment. -- Associated Press Sphere: Related Content
Thursday, July 9, 2009
Wednesday, July 8, 2009
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Monday, July 6, 2009
But under Zell's stewardship, the Tribune and the L.A. Times are shadows of what they were in fat times. [Click for MORE]
Documents describing the fully financed deal were sent to Major League Baseball over the weekend, a source familiar with the negotiations said Monday. The value of the deal is between $850 million and $900 million, the source said. [Click for MORE]Sphere: Related Content
The company is much less profitable than before its filing in December and is burning through cash, financial statements for the first five months of the year show. Tribune’s revenue declined about 23% in the first half of 2009, according to an estimate by Chicago-based Morningstar Inc. analyst Tom Corbett, who reviewed the company’s financials. [Click for MORE]