Today's Top Stories

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.

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.

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.

Editor: Armed men attack Mexican newspaper office

Armed men burst into a newspaper office in eastern Mexico Sunday, warning staff before they set fire to the building, the newspaper's editor said. No one was injured in the ensuing blaze, which damaged the inside and outside of El Bueno Tono ("The Good Tone") newspaper in Cordoba, Veracruz. A former candidate for mayor in Cordoba owns the newspaper, which began publication a month 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.

Tentative agreement reached

The Buffalo Guild and The News reached a tentative agreement Friday morning that includes no changes in health insurance, and a cash bonus of $400 for part-timers and $800 for full-timers. The two-year agreement, which must be ratified by Guild members, was unanimously endorsed by the bargaining team. Although the Guild made numerous wage proposals, starting with 2% raises in each year, the News adamantly insisted on no raises of any kind.

News of the World hired investigators to spy on hacking victims' lawyers

The News of the World hired a specialist private investigator to run covert surveillance on two of the lawyers representing phone-hacking victims as part of an operation to put pressure on them to stop their work. Evidence suggests this was part of an attempt to gather evidence for false smears about their private lives. The surveillance of Lewis and Harris occurred during the past 18 months, when Rupert Murdoch's son James was executive chairman of the paper's parent company.