Word: riddering
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Dates: during 1990-1999
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Several historians have urged the chair of the Schlesinger Library to use her influence within the Knight-Ridder Publishing company to end a year-long strike at the Detroit Free Press, a Knight-Ridder subsidiary...
Beleagured financial writers constantly struggle for interesting ways to say that prices rose, fell or went nowhere. But someone at Knight-Ridder really scraped bottom Wednesday reporting a slow day on the German stock market. The story, datelined Frankfurt, began: "Lethargic and stuck in a 3-point range, the DAX shares index was about as lively as Dean Martin before closing unchanged from Friday in its first floor session following the death Monday of the singer and Hollywood celebrity...
...Detroit News, which is owned by the Gannett Company, and the Detroit Free Press, which belongs to Knight-Ridder, continue to run separate news operations but have maintained joint business operations since 1989. Though their combined circulation has decreased by 24 percent (according to the companies) and they expect to lose over $100 million because of the strike, Gannett and Knight-Ridder won't give in to settlement even by arbitration. These are national newspaper chains; they are dedicated to serving up a profit-making product, much as McDonald's dishes out greased buns. People love it, but they...
...some business school students who this weekend thoroughly enjoyed the "butter-flavored topping" on their large popcorn (it's the best buy) at the Ace Ventura sequel. These M.B.A.'s are getting better and better at increasing corporations' profits. Though the average Joe might think Gannett and Knight-Ridder are deep in the hole from such a loss, $100 million over four or so years just isn't that much money--especially when we consider the national implications of holding firm...
What goes for one of their newspaper businesses must go for all. So when Knight-Ridder told workers striking at its Philadelphia Daily News that it might shut down the tabloid, it had credibility. Nine out of 10 of that paper's striking unions reached tentative agreements with their corporate parent last week to reconcile huge downsizing. When corporations wield such cold power that they can unite with each other to face down their workers, you know that a capitalist conspiracy is in our midst...