Word: burdens
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...lose money this year if its ad revenue drops another 20%. There is no point for creditors to keep the paper open if it cannot generate cash. It could become an all-digital property, as supporting a daily circulation of more than 300,000 is too much of a burden. It could survive if its rival, the St. Paul Pioneer Press, folds. A grim race...
...Cleveland Plain Dealer is in one of the economically weakest markets in the country. Its parent, Advance Publications, has already threatened to close its paper in Newark. Employees gave up enough in terms of concessions to keep the paper open. Advance, owned by the Newhouse family, is carrying the burden of its paper plus Condé Nast, its magazine group, which is losing advertising revenue. The Plain Dealer will be shut or go digital by the end of next year...
...This policy is likely to be especially devastating to international students at Harvard and similar institutions. Many firms that hire extensively from the College, Law School, and Business School are heavily affected by the new restrictions. The onerous burden placed on the financial industry by the ARRA will make it difficult for employers to hire the best and brightest at a time of international crisis...
...fabric. Even when an economy is at its worst, some small set of firms which usually have capital and a need for workers find that labor costs are so low that the risks of bringing in a new person or people is extremely modest. And, of course, if the burden of employing new workers is too great or the company's prospects turn worse, the most recent people hired are often the first people fired...
...Fail party conference over the weekend, Cowen told Irish voters to expect higher taxes. "Everyone will need to pay more," he said. But with a public appetite for bank-baiting still strong and further wage cuts and job losses on the horizon, most Irish voters are unconvinced that the burden of recovery will be equally shared. Irish voters may be angry, but they're likely to get a whole lot angrier...