Economic News: Terrible and getting worse

The Tribune owns two of the largest national newspapers. Filing bankruptcy is going to damage their already failing empire. I know of at least two people, personally, who were laid off from the LA Times.

I can also remember when it was a newspaper where news gathered not the internet, and to a lesser extent the television or radio.

In the 60s (how I age myself) New York City had more than eleven newspapers--morning, evening and dailies.

Sad!!