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How Scared Should Businessweek’s Staff Be?

1:54AM Hamilton Nolan | Most of the serious bidders for Businessweek have dropped away, leaving Bloomberg as the leading candidate. We know BW’s not exactly a fountain of profit these days. But would Bloomberg really gut the magazine’s entire staff? More »
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Conde Nast: 25% Cuts, Layoffs Loom. Except At The New Yorker!

11:33PM Hamilton Nolan | For weeks now, a scary number has been floating through the hallowed halls of Conde Nast: 25%. That’s how much the gossipmongers speculated McKinsey would chop the company’s budget. Evil rumours! Now it looks like that frightening number was correct. More »