San Francisco banker teams up with journalism school, public broadcaster on news ventureSAN FRANCISCO — A San Francisco investment banker is teaming up with the University of California’s journalism school and public broadcaster KQED to create a nonprofit news organization that he says will fill a gap in local coverage left by newspaper cutbacks. Judge postpones hearing on fairness of Google books deal settlement so new deal can be struckNEW YORK — A judge noted the many objections to a $125 million deal giving Google Inc. digital rights to millions of out-of-print books as he agreed Thursday to postpone a fairness hearing so the agreement can be rewritten to comply with copyright and antitrust laws. Newspaper association CEO says a tax break, new pension rules could help ailing newspapersWASHINGTON — Facing declining advertising revenues, newspapers should be allowed to recoup taxes they paid on profits earlier this decade to help offset some of their current losses, an industry representative told a joint committee of Congress on Thursday. Congressional Quarterly, Roll Call lays off 44 workers from merged newsroom, nearly 20 pct cutA deal that united two publications focused on Congress and its political battles is sending more reporters and editors to the nation’s unemployment line. Oral history recorders launch StoryCorpsHistorias to collect Latinos’ tales of life in USWASHINGTON — Gus Hernandez and his family spent two nights sleeping in their car before Siddiqi Hansoti gave them three weeks’ stay in his motel and then, even better, a job. Correction: Newsday Publisher Resigns storyNEW YORK — In a Sept. 23 story about the resignation of Timothy Knight as publisher of Newsday, The Associated Press erroneously attributed quotes to Newsday spokeswoman Deidra Parrish Williams that appeared in a note to staffers. Canadian media giant Canwest selling its stake in Australian broadcaster to Macquarie CapitalWINNIPEG, Manitoba — Canadian media giant Canwest Global Communications Corp. is selling its majority stake in Australian broadcaster Ten Network Holdings Ltd. in a deal worth 634 million Canadian dollars ($588 million). Russian tycoon’s bid for New Jersey Nets annoys legislators at homeMOSCOW — Russian tycoon Mikhail Prokhorov’s bid for the New Jersey Nets may be a boon to the troubled basketball team, but some Russian legislators and analysts call it a blow to the nation’s sports. Prokhorov’s bid for NBA’s Nets annoys legislators at homeMOSCOW — Russian tycoon Mikhail Prokhorov’s bid for the New Jersey Nets may be a boon to the troubled basketball team, but some Russian legislators and analysts call it a blow to the nation’s sports. Correction: Postal worker theft storySPRINGFIELD, Mass. — In a Sept. 22 story about a postal worker pleading guilty to stealing Netflix DVDs, The Associated Press misstated the number of DVDs stolen. Myles Weathers pleaded guilty to stealing more than 3,000 DVDs, not 30,000. From Russia with cash: Billionaire Prokhorov to buy New Jersey Nets, move team to BrooklynEAST RUTHERFORD, N.J. — The NBA has truly gone global. Report: Citigroup looking to maintain presence in just 6 metro areas, limit lending to wealthyNEW YORK — Citigroup Inc., one of the biggest recipients of government bailout funds, is looking to scale back its U.S. retail footprint to just six major metropolitan areas and limit most lending to wealthy customers, according to a published report. Publisher resigns from Newsday, daily paper on New York’s Long Island, after 5 years in jobBETHPAGE, N.Y. — Timothy Knight has resigned as publisher of the suburban New York newspaper Newsday, he told staff in a note Wednesday. Venezuela’s cable television chamber says government plans to impose new regulationsCARACAS, Venezuela — The government of President Hugo Chavez is preparing to impose new regulations on cable TV, the head of Venezuela’s cable television chamber said Wednesday. No deal between Eminem’s music publisher, Apple in iTunes dispute; trial set for ThursdayDETROIT — Apple Inc. and Eminem’s music publisher have failed to settle a dispute over 93 songs on iTunes, clearing the way for a trial in the rapper’s hometown of Detroit. Sweden launches manhunt after brazen helicopter heist at cash depot leaves police groundedSTOCKHOLM — With cinematic flourish, the masked robbers dropped from a helicopter onto the roof of a Swedish cash depot before dawn, broke into the building through a glass pyramid, set off explosions to get to the millions inside and escaped by hoisting themselves and their haul back up on rope lines. At NH forum, US education secretary tells dads: Turn off TV, spend more time with your kidsMANCHESTER, N.H. — Getting fathers involved in their children’s education will take turning off the TV at home and opening the school doors to them, Education Secretary Arne Duncan said Wednesday. Check local listings: Recession means empty seats, but NFL has no plans to ease blackout rulesNEW YORK — When Hurricane Katrina devastated New Orleans, the NFL waived its television blackout policy so Saints fans could watch even if games moved to Baton Rouge didn’t sell out. Russian media: Russian delegation official says Moscow does not rule out new Iran sanctionsMOSCOW — Moscow is not ruling out new U.N. Security Council sanctions against Iran over its nuclear program, Russian news agencies cited an official in the Russian delegation in New York as saying Wednesday. Transportation Secretary: Media ‘trash talk’ impeding nation’s ability to solve big problemsCOLUMBUS, Ohio — Transportation Secretary Ray LaHood says “trash talk” on conservative talk radio and cable television shows is impeding the nation’s ability to solve big problems. Robbers use helicopter, explosives in brazen raid on cash depot in StockholmSTOCKHOLM — Masked gunmen used a stolen helicopter and explosives to engineer a spectacular raid on a cash depot in Stockholm on Wednesday, breaking into the building through the roof and flying off with bags of cash, police and officials said. No action against journalists who filed Chinese firing reportNEW DELHI - Delhi Police has been instructed not to prosecute two journalists for what officials said was a wrong report about Chinese firing across the border, official sources said Wednesday. Robbers in Sweden use helicopter to escape after brazen cash depot heist in StockholmSTOCKHOLM — Robbers used a helicopter Wednesday in a spectacular raid of a cash depot in Stockholm, breaking into the building through the roof and flying off with bags of cash, police and witnesses said. NFL, NFLPA warn players drug-testing program still in effect despite StarCaps lawsuitNFL players have been warned the league’s drug-testing program is still in effect despite commissioner Roger Goodell’s ruling to delay suspending several players who tested positive for a banned substance. Authors and publishers vow to redo Google settlement to resolve antitrust, copyright concernsNEW YORK — A $125 million settlement of a lawsuit that would give Google Inc. the digital rights to millions of out-of-print books will be renegotiated in light of the U.S. Department of Justice’s contention that the deal probably violates antitrust law, lawyers involved in the case said Tuesday. Detroit rapper Eminem’s music publisher takes Apple to court over iTunes downloadsDETROIT — Eminem’s music publisher wants a bigger slice from Apple. Group of 20 summit organizers show off Pittsburgh security nerve center, say they’re readyPITTSBURGH — Security officials say they’ve thought of everything possible to keep the land, water and air around the Group of 20 economic summit safe. Orissa to probe arrest of scribe for alleged Maoist linkBHUBANESWAR - Chief Minister Naveen Patnaik Tuesday ordered an inquiry into the arrest of a journalist by police two days ago in Orissa’s Gajapati district for his alleged links with Maoist rebels, a senior official here said. Mass. postal worker pleads guilty to stealing 30,000-plus DVDs sent by Netflix to customersSPRINGFIELD, Mass. — A former postal service employee has pleaded guilty to stealing more than 30,000 DVDs that moved through a western Massachusetts post office. Veteran journalist Bhargava diesNEW DELHI - G.S. Bhargava, veteran journalist and former principal information officer of the government, died here Tuesday, his family said. He was 85. |
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