Sponsorised links
This year
Printing The NYT Costs Twice As Much As Sending Every Subscriber A Free Kindle
by karlcow
According to the Times's Q308 10-Q, the company spends $63 million per quarter on raw materials and $148 million on wages and benefits. We've heard the wages and benefits for just the newsroom are about $200 million per year.
After multiplying the quarterly costs by four and subtracting that $200 million out, a rough estimate for the Times's delivery costs would be $644 million per year.
The Kindle retails for $359. In a recent open letter, Times spokesperson Catherine Mathis wrote: "We have 830,000 loyal readers who have subscribed to The New York Times for more than two years." Multiply those numbers together and you get $297 million -- a little less than half as much as $644 million.
2008
No Lull in Mortgage Pitches - NYT
by ravi
Countrywide Financial brags in its ads that “No one can do what Countrywide can” and that “Countrywide can show you the way home.” Wachovia ads feature an “Approved” stamp prominently at the top, and Bank of America says, “Homeownership is the best medicine.”
Pakistanis Deal Severe Defeat to Musharraf in Election - NYT
by ravi
Pakistanis dealt a crushing defeat to President Pervez Musharraf in parliamentary elections on Monday, in what government and opposition politicians said was a firm rejection of his policies since 2001 and those of his close ally, the United States.
Almost all the leading figures in the Pakistan Muslim League-Q, the party that has governed for the last five years under Mr. Musharraf, lost their seats, including the leader of the party, the former speaker of Parliament and six ministers.
Bleak New Batch of Data on Economy - NYT
by ravi
With the price of oil near record levels, import costs grew in January at the highest annual rate in a quarter century, the Labor Department said. In New York, manufacturing activity fell to its lowest level in five years. And consumers, responding to a national survey, said they felt worse about the economy than any time since the recession era of the early 1990s.
Black Leader, a Clinton Ally, Tilts to Obama - NYT
by ravi
Representative John Lewis, an elder statesman from the civil rights era and one of Senator Hillary Rodham Clinton’s most prominent black supporters, said Thursday night that he planned to cast his vote as a superdelegate for Senator Barack Obama in hopes of preventing a fight at the Democratic convention.
House Holds Bush Aides in Contempt - NYT
by ravi
The House voted Thursday to hold two of President Bush's confidants in contempt for failing to cooperate with an inquiry into whether a purge of federal prosecutors was politically motivated.
Fed Chief Hints at Further Rate Cuts - NYT
by ravi
Federal Reserve Chairman Ben Bernanke told Congress Thursday that the country's economic outlook has deteriorated and signaled that the central bank is ready to keep on lowering a key interest rate -- as needed -- to shore things up.
Another Goldman Perk: Sex Changes -- NYT
by ravi
Fortune.com reported Friday that Goldman added coverage of sex-reassignment surgery to its medical plan last year.
Goldman employees can undergo the procedure, which normally costs anywhere from $5,000 to $150,000, and have it paid for entirely by their medical insurance.
Retailers Report Weak January Sales - NYT
by ravi
The nation's retailers delivered more evidence of a stumbling economy Thursday, as merchants reported their weakest January performance in nearly four decades, extending a malaise that has deepened since the holiday shopping season.
Exxon Mobil Profit Sets Record Again - NYT
by ravi
The company reported Friday that it beat its own record for the highest profits ever recorded by any company, with net income rising 3 percent to $40.6 billion, thanks to surging oil prices. The company’s sales, more than $404 billion, exceeded the gross domestic product of 120 countries.
Massachusetts Accuses Merrill of Fraud - NYT
by ravi
William Galvin, the Massachusetts secretary of state, filed a civil fraud complaint against Merrill a day after the firm took the unusual step of agreeing to reimburse Springfield for losses on the investments.
Looking Anew at Campaign Cash and Elected Judges - NYT
by ravi
In nearly half of the cases they reviewed, over a 14-year period ended in 2006, a litigant or lawyer had contributed to at least one justice, sometimes recently and sometimes long before. On average, justices voted in favor of their contributors 65 percent of the time, and two of the justices did so 80 percent of the time.
Memo Details Objections to Command Center Site - NYT
by ravi
The memorandum, which has not been previously disclosed, cited a number of “significant points of vulnerability.” Those included: the building’s public access, the center’s location on the 23rd floor, a 1,200-gallon diesel fuel supply for its generator, a large garage and delivery bays, the building’s history as a terrorist target, and its placement above and adjacent to a Consolidated Edison substation that provided much of the power for Lower Manhattan.
Next on the Worry List: Shaky Insurers of Bonds - NYT
by ravi
Even as stocks ended five days of losses with a surprising recovery on Wednesday, officials began moving to defuse another potential time bomb in the markets: the weakened condition of two large insurance companies that have guaranteed buyers against losses on more than $1 trillion of bonds.
In Matters Big and Small, Crossing Giuliani Had Price - NYT
by ravi
In March 2000, an undercover officer killed Patrick Dorismond, a security guard, during a fight when the police mistook him for a drug dealer. The outcry infuriated the mayor, who released Mr. Dorismond’s juvenile record, a document that legally was supposed to remain sealed.
The victim, Mr. Giuliani opined, was no “altar boy.” Actually, he was.
Web Site Assembles U.S. Prewar Claims - NYT
by ravi
Students of how the Bush administration led the nation into the Iraq war can now go online to browse a comprehensive database of top officials’ statements before the invasion...
Sponsorised links
2007
AustinBlogger » Blog Archive » NYT: Many Tweets, One Loud Voice
by springnet
One of the best-loved twitterers, Paul Terry Walhus, a gray-haired blogger from Austin, Tex., has 9,177 friends and 1,851 followers, according to the tracking site Twitterholic.
George R. R. Martin's Official Website
by jpcaruana
& 1 other
(via)
The Official Website of
NYT #1 Bestselling Author
George R. R. Martin
Our Founding Illegals - NYT
by ravi
You wouldn’t know it from the immigration debate going on all year (the bipartisan immigration bill-in-progress, announced this week, is unlikely to mention it), but America’s pioneer values developed in a distinctly illegal context.
2006
The Alps are Melting
by Mal Burns
(via)
Trust NYT to report this as an item of distress for skiers. Affluent western pleasues are not the issue. The planet tallest mountain range is melting away and that's more water to add into the ecosystem and rising sea levels.
New Jersey Court Backs Rights for Same-Sex Unions - NYT
by ravi
New Jersey’s highest court ruled on Wednesday that gay couples are entitled to the same legal rights and financial benefits as heterosexual couples, but split over whether their unions must be called marriage or could be known by another name, handing that question to the Legislature.
Lieberman’s Words on War Show Some Shifts - NYT
by ravi
NYT gives examples of Leiberman's self-serving shifting positions on Iraq.
