Morning Media Newsfeed: LA Times Cuts Staff | Kurtz Signs Off CNN | New Yorker Backlash
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Profit at Los Angeles Times Owner Tribune Co. Plummets 41 Percent (LA Times / Money & Co.)
Earnings at Tribune Co., parent of the Los Angeles Times, fell sharply in the first quarter as advertising revenue continued to slide and the company incurred a big tax bill. The company reported net income of $58.4 million in the three months, a 41 percent plunge from the $99.1
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