Today's Top Stories

Canadians tend to view Occupy protests in positive light: poll

Most Canadians who know about the Occupy Wall Street movement view it favorably, a new poll has found, reflecting anxiety over job prospects and savings plans amid Canada’s fragile economic recovery. The Nanos Research poll, conducted for The Globe and Mail and La Presse, found that 58% of Canadians who are aware of the protests have a favorable or somewhat favorable impression of them.

Postmedia shakes up senior management

Postmedia Network Canada Corp., the country’s largest newspaper publisher, has shaken up its senior management team, announcing the departure of three executives -- including the person in charge of its much-touted “digital first” strategy. In an interview, chief executive officer Paul Godfrey would not explain the reason for the management shakeup, saying he does not comment on personnel matters. The move does not signal a change in strategy for Postmedia, he said.

Confidence Game

The limited vision of the news gurus

Let’s face it, in the debate over journalism’s future, the future-of-news crowd has had the upper hand. The establishment is gloomy and old; the FON consensus is hopeful and young (or purports to represent youth). The establishment has no plan. The FON consensus says no plan is the plan. The establishment drones on about rules and standards; the FON thinkers talk about freedom and informality. FON says “cheap” and “free”; the establishment asks for your credit card number.

Corporate Media Stumped on How to Cover the Occupy Movement

Conventional journalism is increasingly irrelevant in a time of crisis. Their posture is akin to asking what the serfs could possibly be upset about. It’s treating Americans who are poor or fed up like they’re some exotic species just discovered. Yet their own publications have been reporting periodically (though certainly not constantly) on the corruption and inside dealing that constitutes our “American Dream” environment.

Coalition of the disenchanted

Though the OWS movement has targeted the banks and financial institutions we associate with Wall Street, it views corporate power more generally as the source of the problems of the 99% of the population the movement claims to represent. In a country where capitalism has only been weakly and intermittently challenged, this is clearly not U.S. politics as usual. But OWS activists are not exactly Marxists. They tend to decry “corporate greed” rather than capitalism as such.

Wealth gap between old, young is widest ever

The wealth gap between younger and older Americans has stretched to the widest on record, worsened by a prolonged economic downturn that has wiped out job opportunities for young adults and saddled them with housing and college debt. The typical U.S. household headed by a person age 65 or older has a net worth 47 times greater than a household headed by someone under 35, more than double what it was in 2005 and nearly five times the 10-to-1 disparity a quarter-century ago.

Census: Journalism majors make about $50,000

Journalism majors do slightly better than English majors in the job market, according to 2010 U.S. Census data. The median annual salary for both is $50,000, the same as it is for advertising and PR majors, history majors and communications majors. But the lowest and highest-paid English majors earn less than their journalist counterparts. Journalists have a slightly higher unemployment rate (7%) than any of those other majors.

Is This the WikiEnd?

It appears all the more likely that Julian Assange, the founder of WikiLeaks, will be extradited to Sweden to be questioned on allegations of sexual misconduct. A British court’s ruling that he could be extradited, which Assange may appeal, puts his personal freedom in doubt. But many others were wondering if it was one more indication that the WikiLeaks movement, which changed the face of journalism and the entire informational ecosystem, could be in doubt as well.

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