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...government all but ground to a halt while legislators haggled over the long-overdue budget. The state had to send out $3.3 billion in IOU notices to taxpayers and vendors; thousands of construction projects were stalled; and state offices were furloughed. Finally, after a record-breaking 45-hour Senate session, the elusive two-thirds majority vote was reached to pass a budget plan that includes $15 billion in service cuts and spending reductions, $12.8 billion in temporary tax hikes and $11.4 billion in borrowing...
Anand's case study compared VG.no's 6 million monthly readers (it has since grown to 8 million) to NYTimes.com, which at the time had 14 million. VG got 11 page views per session and almost 10 sessions per visitor a month - both figures almost twice those at the Times when the study was done. That boosts ad rates considerably. "If VG had the Times' numbers, revenue would fall by three to four times, and the site would be a loss-making entity," says Anand...
...variety show. Fiorello has worked for both Mediaset and state-owned television and radio network RAI. Before Fiorello's Sky Italia's deal was signed, Berlusconi invited the Sicilian singer-impersonator to his Rome palazzo to convince him not to work for "the enemy," according to Fiorello. The wooing session failed. (See pictures of the good life in Italy...
...fall 34% in 2009. In lowering its estimate, Credit Suisse analysts added a note of caution to the grim forecast: "We worry that while financial earnings have already seen considerable weakness, non-financial earnings have further to fall." Faced with such pessimism, the S&P finished Tuesday's session at 789, below the 800 'technical support" level that analysts feel was critical to maintaining investor confidence...
...rookie Sean Murphy (3-13) both wrestled up a weight class and still managed to close the door on the Seahawks. Caputo wrestled at 197 lbs. and pinned his opponent in 41 seconds, while Murphy won by fall in 1:20.BROWN 25, HARVARD 19In the Saturday afternoon session, the Crimson gave the Bears a 12-point advantage by forfeiting two matches at 125 and 285 pounds. Although Harvard claimed the majority of bouts, the early deficit proved insurmountable.“I think we outwrestled them,” O’Connor said. “We went...