N.Y. Times Co. says it won’t sell Boston Globe after all
The Boston Globe is reporting that it won’t be sold by the New York Times Co. A story on boston.com says the Times cited a better financial picture at the Globe.
From that story:
In a memo sent to employees at 5 p.m. (4 p.m. St. Louis time) today, Times Co. chairman Arthur Sulzberger Jr. and chief executive Janet Robinson said the Globe’s finances had improved after aggressive cost cutting that included new union contracts that saved $20 million, cuts in management compensation, and consolidation of printing plants. The Globe also increased revenue by significantly raising the price of newsstand and home delivery copies of the paper.
“With these strategic steps, the Globe is on track to achieve substantial savings and is on a path to a more secure financial future,” Sulzberger and Robinson wrote.
The executives also acknowledged the turmoil the potential sale had caused employees.
“We know this has been a long and painful process, and we deeply appreciate the focus and dedication that you have all displayed over the past several months,” they wrote.
Steve Parker is the deputy managing editor for news, and oversees the Post-Dispatch's front page. STLtoday's online news editors are on his newsroom team. Parker has been at the paper since September 1980. 
To some of us, this is not good news because these are well-known truth obfuscators. By splitting them, there was a chance the Globe’s new owners would actually be more honest.
Got that right, JR, and the worst “truth obfuscator” of ‘em all was Judith Miller, head cheerleader for Mister’s Bush’s Discretionary War.
Speaking of newspapers named Globe, why isn’t St. Louis’s surviving daily the Globe-Democrat?
Pedant - You select one singular example, from years ago, of someone at the NYTimes that may have had a pro-American bias. But, you have to admit, the NYTimes editorial staff is now loaded mighty heavily with Socialists, Communists, Greenies and Democrats. The lone “conservative” on the staff, David Brooks, writes more articles against Republicans than he does questioning the left. Pinch is a staunch left-wing idealogue, and it shows. And, in the end, the Iraq war has brought human rights in the form of democratic freedoms to a pretty big swath of the Muslim world. For example, there is a larger percentage of women in Iraq’s parliament than in the U.S. Congress. You have to admit, we are much much better off without Sadam, Uday and Qusay in power right there in the cradle of the Middle-East. We should celebrate the improvement of the human condition in that formerly oppressed part of the world.
Regarding the fact that the Globe did not survive the onslaught from the much much larger Pulitzer Company’s Post-Dispatch, well, the much deeper pockets prevailed. That shouldn’t mean the P-D can now neglect their unwritten but expected duty to provide even-handed journalism.