Dec 16th, 2008 · Detroit's two daily newspapers said Tuesday they will deliver only three days a week: Thursday, Friday and Sunday. Like others papers across the country, The Detroit News and Detroit Free Press are dealing with shrinking circulation and declining ad revenue.
Dec 11th, 2008 · Because of a sharp drop in corporate underwriting, National Public Radio has announced the elimination of 64 filled and 21 unfilled positions as part of cuts throughout the organization. Two shows, News & Notes and Day to Day, were canceled.
Dec 8th, 2008 · Prices are plummeting for recycled materials such as plastic and paper. Cities that used to earn revenues for those commodities are now paid a lot less, not at all — or have to pay to get them hauled away. Municipal transfer stations say they'll continue to recycle as long as it costs less to truck the stuff to recyclers, rather than to put it in landfills. Nancy Cohen reports for member station WNPR.
Dec 1st, 2008 · The Big Three's financial problems are trickling down to dealerships across the country. Many local governments depend on tax revenues from dealers but are now experiencing huge losses. The city manager of Monroeville, Pa. discusses how failing dealerships are affecting his city's revenues.
Dec 1st, 2008 · The increased piracy off the Somali coast is threatening to reduce traffic through the Suez Canal, one of Egypt's economic mainstays. Some shipping companies are already ordering some vessels to travel around the horn of Africa to avoid the pirate-infested waters leading to the canal. Egypt is at risk of losing billions of dollars in revenue.
Nov 17th, 2008 · The loss of tax revenue from Wall Street is triggering a wave of government cuts in New York state. In Malone, N.Y., those government jobs and services fuel the local economy.
Nov 11th, 2008 · The "real culprit" behind Circuit City's collapse is bad management, says Time magazine staff writer Anita Hamilton. She says Circuit City's failure to secure better locations for its stores, develop a stronger Web presence and provide good customer service all contributed to lost sales and revenue.
Nov 6th, 2008 · New York Mayor Michael Bloomberg says because of the economic downturn, he will have to cut $1.5 billion from the city's budget. The city is facing declining tax revenues and a deficit of nearly $4 billion.