This story probably explains why the NYT solicited me yesterday to subscribe at 75% off their usual price. It would have been $4.80 per week, I think. I was tempted, but my wife refused. "Not that rag," she said.
In my own defense, I'm moving in June and have a lot of packing to do. I need the paper for stuffing boxes.
November 2, 2016
New York Times reports 95.7 percent fall in quarterly profit
By REUTERS
PUBLISHED: 08:48 EDT, 2 November 2016
The New York Times Co reported a 95.7 fall in quarterly profit, hit by restructuring charges related to headcount reductions.
Net profit attributable to the newspaper publisher fell to $406,000, or break-even per share, in the third quarter, from $9.4 million, or 6 cents per share, a year earlier.
Revenue fell to $363.6 million from $367.4 million.
http://www.dailymail.co.uk/news/article-3897406/New-York-Times-reports-95-7-percent-fall-quarterly-profit.html
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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