Globe and Mail Change Nobody Believes In Wall Street Journal A bill so reckless that it has to be rammed through on a partisan vote on Christmas eve. And tidings of comfort and joy from Harry Reid too. The Senate Majority Leader has decided that the last few days before Christmas are the opportune moment for a ... Who wins, who loses in Senate health bill The Associated Press After Senate passage, compromise begins for a real health care law MiamiHerald.com Legislation not ideal, but will... Read Full Story
There’s good news and bad news this week at Dayton (Ohio) Daily News , finds Grumpy Editor . The good: 10 reporter positions will be added. The bad: 10 editor positions will be eliminated. Translation: If, as an editor, you want to continue to work in the Daily News newsroom, you’ll have to apply for a lesser position. Gulp. And the newspaper, with an eye on the bottom line, gets to boast that its editorial department headcount will remain unchanged. It’s all part of restructuring at the... Read Full Story
It appears that resumption of regular payouts in the dividends table in The Wall Street Journal --- as reported here on Nov. 18 --- was a short-lived fluke, or perhaps a staffer was filling in for someone on vacation, discovers Grumpy Editor . The WSJ , without fanfare last month, quietly reinstated regular dividends in the Money & Investing section. But regular dividends have again vanished. Maybe scrapping regular dividends stems from a space problem. On Nov. 21, for example, 54 regular... Read Full Story
Grumpy Editor is taking time off to celebrate Christmas and welcome the year 2010.
He --- and his grumpiness --- will be back on the scene Jan. 4. Read Full Story
In this slow recovering economy, when a major global company announces a 10 percent increase in its quarterly dividend, that is upbeat news. But Camden, N.J.-based Campbell Soup Co. --- marking its sixth consecutive year of hiking payouts --- sure didn’t get much of a spotlight last week when it upped its dividend, notes Grumpy Editor . Neither did some other operations, including spirits company Brown-Forman, Louisville, with a 4.3 percent quarterly dividend increase; Houston headquartered... Read Full Story
Subediting. That’s the word that will trigger grumbling in newspaper editorial departments in the days ahead as publishers, seeking to boost bottom lines, employ more outsourcing, predicts Grumpy Editor . Latest to go that route in a big way is the 117-year-old Toronto Star , Canada’s largest newspaper. With the move, the Star is eliminating 78 editing jobs, figuring it will save 3.8 million (equivalent in U.S. dollars) in the conversion. Also look for more involvement in outsourcing... Read Full Story
Atlanta Journal Constitution Administration Targets Jobs Puzzle Wall Street Journal WASHINGTON -- Bail out the states. Hire an army of caulkers and street sweepers. Pay companies to expand their work force. Build new dams and bridges. Boost exports. Slash payroll taxes. President Barack Obama is in a quandary over how ... As Obama opens jobs summit, he faces limited options for growth Washington Post The Jobs Summit: Who Cares? Newsweek A proposal for Obama's jobless summit San Francisco... Read Full Story
After yesterday’s Federal Open Market Committee meeting announcement that interest rates are expected to remain low “for an extended period,” investors and other followers of FOMC action will want to keep next month’s and 2010 scheduled meeting dates handy for latest readings on the economy, reminds Grumpy Editor . A major concern in upcoming months will be the direction of interest rates --- which can only move up from current levels. The question is: when? Wording in statements following... Read Full Story
More details stemming from the Sarah Palin book fact-checking-by- Associated - Press saga, covered here on Tuesday, illustrate how AP --- using 11 reporters to scrutinize “Going Rogue: An American Life” --- ganged up on the former Alaska governor and 2008 Republican vice presidential candidate, notes Grumpy Editor . Her top-selling 432-page book debuted Tuesday, the same day AP laid off at least 57 editorial staffers, with more to come by year end as the news service seeks to cut 2009... Read Full Story
The Wall Street Journal without fanfare --- although it should trumpet the move --- has quietly reinstated the listings of regular payouts in its dividend table within the Money & Investing section, discovers Grumpy Editor . The WSJ abandoned regular dividends in print months ago, spotlighting only changes, including reduced, increased, initial, irregular, special and foreign. Since then --- while more convenient to open up the Journal and check the dividends table --- readers/investors had... Read Full Story
