How hedge funds took over America's struggling newspaper industry

As Covid-19 ran rampant across the United States in 2020, local newsrooms across the country cut back—even as they covered the biggest story in decades.

"As far as readers, we saw that skyrocket during the pandemic," Emma Way, editor at Axios Charlotte, told CNBC. "So at the same time that revenue was falling, readers were spiking. It was kind of this dilemma that I'm sure a lot of news organizations faced."It was a catastrophic and uncertain time for American newsrooms.the country. This includes newspapers that have served their communities for decades. Often, these papers are shut with little notice.

Hedge funds are cancer dressed in suits

Shut up, they’re the enemy of the people and always will be

What heroes..😑

Meteor red faced dipped down... after 1st one just Smokey Train seen. 2nd showed up. A mock. Otherwise terror.

And now almost all the major city papers sites/apps look like USA today website. Because they all seem to have same owner. It sucks imo. No online personality for many newspapers that, in print, had/have tons of unique characteristics that make them great.

The Moral army just hit a palestinian handicapped old man, threatened his family if they tried to help him. Not apartheid at all .

And dismantled them one by one.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

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Meme Stocks’ Latest Frenzy Isn’t About a Short SqueezeShort interest in meme stocks such as GameStop and Clover Health is relatively muted, suggesting that hedge funds aren’t crowding into trades that bet on a drop in share prices
แหล่ง: WSJ - 🏆 98. / 63 อ่านเพิ่มเติม »

New company, same woes: Puerto Rico suffers power outagesA private company that took over power transmission and distribution in Puerto Rico this month has struggled with widespread outages and growing anger. Let’s make one thing clear, my anger is towards the corruption of the old AEEONLINE and the utieroficial. Since lumaenergypr’s takeover there has been more outages than ever before. There is growing evidence of SABOTAGE. This is war agaist our democratic way of living.
แหล่ง: ABC - 🏆 471. / 51 อ่านเพิ่มเติม »

New company, same woes: Puerto Rico suffers power outagesA private company that took over power transmission and distribution in Puerto Rico this month has struggled with widespread outages and growing anger. Officials say outages have affected more than 1 million customers so far this month, and thousands remained without electricity on Thursday. Many in Puerto Rico hoped for a quick improvement in service, but many complain it has gotten even worse in Luma’s first few days of operations – with problems complicated by heavy rains this week.
แหล่ง: YahooNews - 🏆 380. / 59 อ่านเพิ่มเติม »