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Washington Post to close Business Section
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The Washington Post has decided to stop to publishing a distinct business section six days a week, moving business news instead to the front section of the paper now finance stories are dominating world headlines.
The paper claims that this will save money on newsprint but it will not change its commitment to the coverage of business locally,...
Media General to close Washington News Bureau
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Media General (NYSE: MEG) has announced that its Media General News Service Bureau in Washington, D.C., and the associated Web site, mgwashington.com, will close on March 27. The bureau employs six journalists, all of whom have been offered severance packages.
“We very much regret having to take this step,” said Graham Woodlief,...
Media General Announces Employee Furlough Program
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Richmond, Va. – Media General, Inc. (NYSE: MEG) has announced that it is implementing an employee furlough program in the face of an economy that continues to contract, causing the advertising market to further weaken.
Employees will take a mandatory 10 days off according to a schedule that requires four days by the end of March and three...