August 1, 2006 |
Federal regulators cleared the way Monday for McClatchy Co. to sell four newspapers in a $1-billion deal that would establish MediaNews Group Inc. as the San Francisco Bay Area's largest newspaper publisher. The Justice Department removed a potential stumbling block by closing its antitrust investigation into the 3-month-old deal involving the San Jose Mercury News, Contra Costa Times and Monterey Herald in Northern California and the St. Paul Pioneer Press in Minnesota.
March 17, 2006 |
Karen Heller, a reporter and columnist at the venerable Philadelphia Inquirer for two decades, has lived through it all: the glory days of Pulitzer Prizes, the bloody budget battles with cost-cutting corporate parent Knight Ridder, the endless cycles of job losses and shrinkage. "It's like a soap opera that won't end," she said at her desk in the paper's vast, lightly populated newsroom. This week, there was another cliffhanger. Under duress from investors, Knight Ridder Inc.