Today's Top Stories

How Bloomberg Does Business

Given Michael Bloomberg’s push for a national platform, any intersections between his corporation’s interests and the government warrant scrutiny. And Bloomberg LP runs an effective and sophisticated lobbying shop to promote the firm’s interests with federal agencies and Congress. It’s striking how, in a fully synergistic Bloomberg style, a news organization, a financial information company and a team of lobbyists often seem to be working in smooth concert.

Constitutional Amendment on Internet Freedom

It's time we added the first 21st Century amendment to the Constitution -- an amendment that parallels the First Amendment but explicitly prohibits the government from ever shutting down the internet. Freedom of the internet in today's world is just as important as freedom of the press, religion or speech, as evidenced by the recent internet-driven series of revolutions that have challenged one dictator after another.

Why David Hahn Has Investigative Reporters in a Tizzy

For the past 18 years, the news media have used the B.C. Freedom of Information and Protection of Privacy Act to obtain government records. I could cite hundreds of examples of such documents forming the basis for news stories in the public interest. But if a new proposal is enacted in Victoria, it could spell the end of such stories, as B.C. media FOI applicants face their greatest challenge ever: instant (and scoop-busting) transparency.

Independent Afghan paper forced to fold after attack on Hamid Karzai

Afghanistan's small band of independent-minded media outlets is a little smaller with the demise of Kabul Weekly, a lively newspaper that claims it has been put out of business after daring to criticise Hamid Karzai. On Wednesday staff met with their editor, Mohammad Faheem Dashty, for the final time after producing the last edition of a newspaper that has been a regular sight on the streets of the capital since 2002.

Judge declines to cap damages in Tribune ESOP lawsuit

A judge in Chicago denied a request by the trustee of Chicago-based Tribune Co.'s employee stock ownership plan to cap damages for its liability in the demise of the plan. Greatbanc Trust Co. asked the court to limit its damages to $15 million after Judge Rebecca Pallmeyer of U.S. District Court ruled last year that the trustee violated the Employee Retirement Income Security Act when it let the ESOP buy $250 million in shares as part of Tribune's 2007 leveraged buyout.

A Russian-Language Daily Hits the Streets

Walking around Brighton Beach, Brooklyn, it’s hard to grasp that problems are roiling the newspaper business. Newsstands are filled with publications in Russian. Some of them are monthlies, others weeklies -- and now there's a daily, the Reporter, which started publishing Monday to fill the gap left by the demise in 2009 of Novoye Russkoye Slovo, which closed just shy of its 100th birthday.

Canadian newspaper companies bounce back

It was an uplifting day yesterday for Canadian newspaper companies. Postmedia Network Inc., Canada's largest publisher of paid English-language daily newspapers, saw agency Standard & Poor's raise its debt rating and the publisher of the country's largest daily, the Toronto Star, reported a better-than-expected profit for the fourth quarter led by a rise in advertising spending.

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