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Food Roundup: Cheesecake Factory's New Credit Terms, Tyson Pleads Guilty in Worker Death, and More
Cheesecake Factory Renegotiates Credit -- The restaurant chain entered into new terms on its $300 million in revolving credit. The company's net fell in the third quarter by about $7 million to 11.8 million. [Source: Reuters] Tyson Pleads Guilty in Worker Death -- The world's largest...
Food Roundup: Beckham and Pepsi Split, Food Stocks Up, Restaurants Down, and More
PepsiCo, Beckham Part Ways The decade-long endorsement relationship apparently ended amicably. Soccer star David Beckam said he has "nothing but good memories" of being paid millions to lend his name to Pepsi's products. [Source: Reuters] Chinese Dairy Exec Pleads Guilty Tian Wenhua, head of...
Food Roundup: Iowa Junk Ban, Wasted Bottles, Pilgrim's Pride and More
Iowa considers banning junk food in schools -- The state's Board of Education is considering new rules that would remove junk food from public school cafeterias and vending machines. The board is scheduled to vote on the recommendations in February. [Source: AP] Two Thirds of U.S. Bottles...
Newspaper Roundup: Journal Comm November Revs; Seattle-Times; AP
—Journal Comm online revs fall 5 percent: A few days after the Milwaukee company has laid off 39 workers (17 cut at its newspaper), Journal Communications (NYSE: JRN) has some more bad news: total interactive ad revenue at the Milwaukee Journal Sentinel, fell 5 percent to $1.13 million in...
AP Reporters Protest: Reporters Withhold Bylines, Management May Withhold Stories
After all the recent challenges to its wire service that have been creeping up lately, now the Associated Press has a labor action on its hands. As the AP and its employees negotiate over a new contract, the Newspaper Guild-Communications Workers of America have called for a "byline strike"...
Food Roundup: Pilgrim's Loses Big, Smithfield Plant Unionized, Price Hikes Yield Higher Revenues, and More
Pilgrim's Pride Lost Nearly $1 Billion in 2008 -- The chicken producer filed for Chapter 11 bankruptcy protection last week. Its annual report had been held up because of ongoing talks with lenders. [Source: AP] World's Largest Pork Plant is Unionized -- Meat cutters at Smithfield Foods'...
Tech Roundup: Intel Atom, Apple and Wal-Mart Rumors, Microsoft, AMD, Broadcom, More
Intel needs Atom success for mobile; Mayfield Fund to open India-focused fund; China still wants security code; Wal-Mart to have iPhone, maybe, at $99, even maybe-er; rumors of new Apple device category to come out next year; AMD gets smaller stake in spin-off; and Broadcom packs 11n, Bluetooth, and FM...
CNN Downplays Competition With AP On Wire Service; Less Than 30 Daily Stories To Be Made Available
The newspaper editors who were invited to CNN's Newspaper Summit, which showcased the cable channel's new wire service this past week, have given the Time Warner (NYSE: TWX) company high marks for reaching out. But many appear to be been less than impressed with the small amount of stories...
Food Roundup: China Ingredient Blacklist, Brown-Forman's Good Quarter, Raids Hurt Meatpackers, And More
China to Issue Food-Additives Blacklist -- In the wake of the melamine scandal, China says it will identify banned additives. The government also said it would step up product testing. [Source: AP] Distiller Brown-Forman's Profits Up -- The maker of Jack Daniels, Southern Comfort and Finlandia saw...
Should the AP and CNN See You as Their Competitor?
The New York Times reports today that CNN is looking to compete with the embattled Associated Press, inviting some 30 newspapers to come to its Atlanta headquarters this week for a look at CNN Wire, its lower-cost alternative to the AP. It's hard to argue with the logic that having...
AP Acknowledges Threat From CNN's Wire Service; But Challenger Still 'Needs Improvement'
As CNN prepares to go head-to-head with the Associated Press when it launches its new wire service, the cable news outfit will have to prove to newspaper editors that it can transfer its cable TV credibility to breaking print news. A long piece in the NYT takes a look...
AP Threatens Court Fight Over Olympics Committee's Video Restrictions
Better late than never? While the Beijing Summer Olympics is a distant memory at this point, Associated Press President and CEO Tom Curley is looking ahead and is demanding that broadband access to the games be loosened, Sports Business Journal reported. Curley directed his comments to International Olympic Committee...
AP to Cut 10 Percent of Jobs in 2009
Associated Press, one of the largest news organizations worldwide, is planning to cut about 10 percent of its workforce in 2009, reports Reuters, citing an internal "town-hall" meeting at the company. AP employs about 3,000 journalists, and a total of about 4,100 people worldwide, which means the cuts would...
Travel Roundup: Southwest Pays, Stewardess Lands Plane, Harrah's Lays Off and More
Southwest pays $7.5 million for La Guardia landing slots -- Southwest Airlines is willing to pay $7.5 million for bankrupt ATA Airlines' landing slots and operating certificate at La Guardia Airport. If approved by a bankruptcy court, Southwest will buy 14 slots giving the Dallas-based airline seven daily takeoffs and landings. The closest airport...
School Districts Move Quickly to Smarter 802.11n Wi-Fi From Ruckus Wireless for Higher Speeds at Lower Cost
Ruckus WirelessTM today announced that it has been selected by fourteen school districts across the country -- including Santa Clara Unified School District SCUSD, Schenectady Public Schools, Tonasket School District and Holland Christian Public Schools -- to supply state-of-the art Smart wireless LAN WLAN systems based on the emerging 802.11n...
The L.A. Times Fades and the A.P. Finds its Voice
When a colleague told me this afternoon that the Los Angeles Times had announced yet another massive round of newsroom layoffs, all I could do is shrug my shoulders and roll my eyes. It seems like every time my attention is diverted elsewhere, the west coast Times comes back with...
Negative campaigning seems to be working
Wow! Just when a column based on the assumption of an Barack Obama win seemed to make sense, the Wednesday AP-GfK poll among likely voters show the presidential race essentially a dead heat -- Obama, 44, McCain, 43. With only one Tuesday between now and Election Day, a...
Negative campaigning seems to be working
Wow! Just when a column based on the assumption of an Barack Obama win seemed to make sense, the Wednesday AP-GfK poll among likely voters show the presidential race essentially a dead heat -- Obama, 44, McCain, 43. With only one Tuesday between now and Election Day, a...
Education V Package
The following feature package is a roundup of feature stories dealing with Education and is appropriate for special sections and for general use. For those receiving this copy via computer, the stories are easily identified by the initial word of the slug: "Education." This is the latest in...
Photos from a Ceremony for The DAISY Award for Extraordinary Nurses, Presented by UnitedHealthcare and The DAISY Foundation, at Children's Hospitals and Clinics of Minnesota are Available On Business Wire's Web Site and AP PhotoExpress
Two photos from an awards ceremony for The DAISY Award for Extraordinary Nurses, presented by UnitedHealthcare and The DAISY Foundation, at Children's Hospitals and Clinics of Minnesota, in Minneapolis are available on Business Wire's web site and AP PhotoExpress. UnitedHealthcare and The DAISY Foundation presented The DAISY Award for...
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Industry Transcripts by Seeking Alpha
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American Greetings Corporation F3Q09 (Qtr End 11/28/08) Earnings Call Transcript
on Dec 23, 2008about AM
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Scholastic Corp. F2Q09 (Qtr End 11/30/08) Earnings Call Transcript
on Dec 18, 2008about SCHL
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Gray Television, Inc. Q3 2008 Earnings Call Transcript
on Nov 25, 2008about GTN
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Cumulus Media Inc Q3 2008 Earnings Call Transcript
on Nov 25, 2008about CMLS
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Playboy Enterprises Inc. Q3 2008 Earnings Call Transcript
on Nov 25, 2008about PLA