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02 Apr 2010 15:11

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Biz: Newspapers willing to guilt you into reading their articles

  • “If you don’t have us around, we’ll break your leg.” Journalism is an interesting beast these days. There’s more of it going on than ever, but not nearly as much of the kind that is truly helpful to the community. But we can probably all agree that scare tactics won’t convince people to start reading the paper again. It’s journalism’s job to innovate, not the other way around.
  • there’s a point here As poorly as this ad puts it, it does have a point. The nitty gritty of the journalism process is in severe danger of going away. The low-paid scab reporter who willingly covers boring but necessary city council meetings? There’s no equivalent of him or her in the blogosphere (at least not with a paycheck for their work). Local journalism is at a real turning point.
  • proving its worth The problem, though, is local news outlets are generally really bad at explaining this point, and when they do, it’s really heavy-handed (see the subway ad above). So, what’s next? We’re guessing one of two things need to happen: One, it needs to be community-supported on a non-profit basis (see MinnPost), or two, it needs to truly innovate. Or both.
  • will the iPad help? Tomorrow, many large papers, from USA Today to The New York Times, will release apps to coincide with the release of the iPad. From a outsider’s standpoint, they look great (especially the USA Today one). But really, we want to see what mid-sized dailies will do. USA Today won’t go away. The Kalamazoo Gazette might. And, honestly, we need it more. source

02 Apr 2010 11:05

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Biz: The big flop: The Census isn’t creating the jobs it should

  • 600,000 Census jobs should be created, including 100,000 in March
  • 48,000 have been hired so far, which was far below estimates source

02 Apr 2010 10:49

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Biz: The jobless rate stayed flat, but companies are hiring again; yes!

  • 9.7% the current unemployment rate, which is unchanged from February
  • 162k the number of jobs created in March, which is good, but below estimates
  • 6.5M the number of people unemployed six months or more, which is a record source

01 Apr 2010 23:45

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Biz: Dunkin’ Donuts (faux-)redesigns, reminds people of their mascot roots

It’s way too convincing for an April Fool’s joke. In this reimagining,t hey lost the donut-shaped type, and added back Dunkie, a ’50s-and-’60s icon. Awesome. source

01 Apr 2010 23:20

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Biz, Culture: With the end of “Lost,” ABC wins big time on the ad front

  • $900,000 the current average rate for ads for the “Lost” finale; that’s really high
  • 400% the amount ABC gets to mark up the ad slots that night source

01 Apr 2010 23:05

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Biz: Toyota’s way of dealing with heavy recalls? Big incentives!

  • 24% increase in total U.S. auto sales in March, led by Toyota’s rebound
  • 41% increase in Toyota’s sales after two months of recall-hurt sales
  • 8% decrease in Chrysler’s dismal sales from a year earlier source

31 Mar 2010 23:25

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Biz, Tech: RIM’s BlackBerry feeling the pressure from Apple and Google

  • They had this business to themselves for years. Now everybody’s joined the party. The U.S. is probably tough for them now.
  • Charter Equity Research analyst Ed Snyder • On Research in Motion’s declining sales this quarter. The company’s BlackBerry is being attacked on all fronts, by both the iPhone and the upstart Motorola Droid. As a result, the company only shipped 10.5 million devices, half a million off from estimates. They’re still profitable (and profits are up), but the sales suggest future weakness. source
 

30 Mar 2010 11:13

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Biz: Consumers’ confidence bounces back, gains a little swagger

  • 56.5 the consumer
    confidence index
    in
    January, which was
    pretty great
  • 46.4 the index in February, which was its lowest level in nearly a year; we were sad and stuff
  • 52.5 the consumer index in March, which beat analysts’ forecasts; hooray! source

30 Mar 2010 09:55

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Biz: Verizon really hoping this Apple iPhone thang is true

  • 4.7% stock leap on hopes and dreams alone source

28 Mar 2010 10:59

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Biz: What’s for dinner? Chicken is up there with beef nowadays

Pork, a firm number two for years, has now been relegated to number three. Turkey’s seeing a rise in popularity, too. We don’t see tempeh on this chart. source