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...McGraw-Hill publication has higher editorial and production costs than the other two. And they all have much bigger expenses than the legion of websites that offer business journalism exclusively online - daily, even hourly. Industry experts estimate Business Week could lose $20 million in 2009. (See the best and worst TIME magazine covers...
Just as it seemed Canada was over the worst of the global recession, it's been sideswiped by bad economic news that has forced its recovery into the ditch...
...Things are really bad here in Canada," says Jayson Myers, president of Canadian Manufacturers & Exporters, the country's largest trade and industry association. "Our manufacturing and export performance is the worst it's been since the end of World War II." He points to a 30% reduction in manufacturing orders over a six-month period ending in March 2009 and a loss of 221,000 manufacturing jobs in the past 12 months as evidence of the deepening crisis...
...Other parts of China are witnessing similar disaffection among angry, unemployed youth. But Xinjiang, like Tibet, is crucially different. With their sizable non-Han populations, unrest in those two regions conjures up one of the Chinese leadership's worst nightmares: the rise of a separatist movement that would presage the breaking up of the whole country. Given the enormous economic and social challenges China faces, Beijing values stability above all, and will do practically anything to maintain it. (Read "Tensions Remain As Chinese Troops Take Control in Urumqi...
...partly the insatiable desire for scoops people in the Administration were feeding about the potential threat in Iraq. But a lot of it was just that we floated along with the conventional wisdom, the worst enemy of journalism...