Word: localizes
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...away from his family (he has three children at home) and, he says, because he loves his job. But he does hope to play the main event every year, especially if he can get the $10,000 entry fee paid - as he did this year - by winning a local league in his hometown of Chappaqua, N.Y. (Disclosure: I am in that league.) Not only does winning the league earn him the entry fee; it gets him a guaranteed rooting section as well. The league winner must enter a high-stakes tournament and pay the league members 20% of any spoils...
...reporter, are better businesses. Newspapers had 30% or more margins for years. There's no question that the Internet has made the newspaper business tougher than it was before. But newspapers used to be so profitable, it made newspaper managers terribly lazy. Even today the margins at most small local newspapers are still 20%. McClatchy is 20%, Lee is 20% and Gannett, if you count out USA Today, is 20%. At some point this may all change, but it's much harder to kill that kind of franchise...
Alex S. Jones, a Pulitzer Prize winner and director of the Shorenstein Center, said it was important to maintain an “institution”—whether printed or online—as a credible source for up-to-date information on local and world happenings...
...Among all the local races and ballot measures, three contests stand out as potential indicators of how Democrats and Republicans will fare in the 2010 midterms, and how much (or how little) Obama has changed the contours of American politics. (See an Election Day primer...
...likely to follow that pattern again in 2009, with Republican Bob McDonnell holding a substantial lead in recent polling. If the Democrat, Creigh Deeds, loses, the GOP will retake the executive mansion in Richmond for the first time in over a decade. Democrats will blame the loss on local issues and a weak effort by Deeds, but there will be no denying that Obama and his agenda played a role. Some conservatives are turned off by the Administration's enacted and proposed expansion of government; some liberals are demoralized by Obama's failure to push their agenda. A McDonnell...