Boston Globe

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'Drunk' Voters: What Happened Last Night?
 'Drunk' Voters: 
 What Happened 
 Last Night? 
SEDUCED BY A STRANGER

'Drunk' Voters: What Happened Last Night?

Who was that handsome man in the barn jacket?

(Newser) - Globe columnist Brian McGrory portrays Massachusetts voters as power-inebriated sots who will have a hell of a hangover today as they realize whose bed they're in. So "drunk on power, so free of any of my usual inhibitions, I can't remember what's gone on," writes McGrory , posing as...

Goodman's Last Column: 'I'm Letting Myself Go'
Goodman's Last Column:
'I'm Letting Myself Go'
ellen's farewell

Goodman's Last Column: 'I'm Letting Myself Go'

She writes last piece for 'Globe' after four decades

(Newser) - Ellen Goodman signs off on her final column today in the Boston Globe , a career that spanned Gerald Ford to Barack Obama, not to mention a 7-year-old daughter to a 7-year-old grandson. While she'd like to "fulfill the fantasy of a summer on my porch in Maine," she...

Times Co. Takes Globe Off Market

Boston paper's finances have 'significantly improved'

(Newser) - The New York Times Company has decided not to sell the Boston Globe after all, its chairman told workers in a late-afternoon email today, saying that the financial picture has “significantly improved” for the 137-year-old newspaper in recent months after various cost-cutting and revenue-boosting moves. Two groups did bid...

Globe Union Caves, Votes to Accept $10M in Cuts

(Newser) - The Boston Globe's biggest union has ended a four-month battle with the New York Times company and voted to accept $10 million in pay and benefit cuts, the Boston Herald reports. Union members—who have been living with a 23% pay cut since rejecting an 8.3% decrease last month—...

What's the Globe Really Worth?
 What's the Globe Really Worth? 
analysis

What's the Globe Really Worth?

Some say Times Co. should pay to dump it

(Newser) - With the New York Times Co. said to be looking for a Boston Globe buyer, David Carr polled experts to see what the paper might be worth—a question, he writes in the Times, that reaches beyond the Globe itself as the newspaper industry struggles. Carr got quite a range...

Boston Real-Estate Firm May Buy Globe

Paper's top union wants stake in broadsheet

(Newser) - A Boston real-estate and investment firm is considering buying the Globe from the New York Times Company, and the paper’s biggest union wants a piece, too, the Herald reports. Intercontinental Real Estate Corp. says it’s been in talks for weeks to purchase the beleaguered newspaper.

Times Co. Puts Globe on Market
 Times Co. Puts Globe on Market 

Times Co. Puts Globe on Market

(Newser) - The New York Times Company has hired Goldman Sachs to handle a possible sale of the Boston Globe, the Globe reports. Goldman, which has also been trying to help the Times Co. unload its 17.5% stake in the Red Sox, has been telling prospective buyers it would accept bids...

Globe Union Rejects Pay Cut



 Globe
Union Rejects Pay Cut 

Globe Union Rejects Pay Cut

Struggling newspaper's staff vote against deal to slice pay, benefits despite warnings

(Newser) - The Boston Globe's biggest union has turned down a contract involving pay and benefit cuts despite threats that doing so may lead to deeper cuts, the New York Times reports. Boston Newspaper Guild members voted 277-265 against the offer from the New York Times Company after 12 hours of voting,...

Globe Union to Vote on Pay Cut
 Globe Union to Vote on Pay Cut 

Globe Union to Vote on Pay Cut

Rejection could spark legal battle

(Newser) - The Boston Globe’s biggest union votes today on whether to accept a $10 million cut to their wages and benefits, including an 8.4% pay cut, or to mount a legal fight with parent the New York Times Co., the Boston Herald reports. If the contract is rejected, the...

Globe Strikes Deal With Last Holdout Union

Paper likely to remain in business as employees take major cuts

(Newser) - The Boston Globe and its largest union struck a tentative deal early this morning that will likely keep the newspaper's owner, the New York Times Company, from shutting down the title. The union representing more than 600 employees in the editorial and advertising divisions was the last holdout in negotiations...

Globe Guild Execs Got Raises as Members Went Without

(Newser) - The leaders of the Boston Globe’s biggest union have given themselves substantial raises over the past 3 years, even as the people they represent went without, the Herald reports. Boston Newspaper Guild president Dan Totten—who recently lambasted New York Times Co. execs for giving themselves extra days off...

As NY Plays Hardball, Globe Swings in Wind

Tensions high as last union works toward deal with Times Co.

(Newser) - Tensions are high as the last of seven Boston Globe unions tries to hammer out a deal with the New York Times Company, the Washington Post reports. The Boston Newspaper Guild has blasted the Times Co’s “bullying tactics” in negotiations set to resume as soon as today, but...

6 Globe Unions Cut Deal; Largest Remains

Two more still need to settle differences or Boston paper will shutter

(Newser) - Under threat of closure from the New York Times Co., six of the Boston Globe's seven unions have hammered out tentative deals with management, agreeing to millions in concessions, reports the Globe. But the newspaper's largest union, the Boston Newspaper Guild, is taking a break from negotiations following what the...

NY Times to Notify Feds It's Shutting Globe

(Newser) - The New York Times will file a required 60-day notice with federal authorities that it plans to shut the storied Boston Globe, newspaper officials said last night. Tense negotiations with unions failed to produce millions of dollars in savings Times representatives say are necessary to continue Globe operations. The Newspaper...

Times Co. Gives Globe Weekend to OK $20M Cuts

But accounting error further infuriates staffers

(Newser) - The Boston Globe will live to print another edition, now that the New York Times Company has extended its deadline to midnight tomorrow, the Globe reports. Marathon negotiations continued after last night’s deadline, when the Times Co. granted the eleventh-hour reprieve for the paper’s unions to approve $20...

As Staffers Take Pay Cuts, NYT Execs Get Bonuses

CEO's pay went up $1.5M last year

(Newser) - New York Times Co. executives have taken big bonuses as their newsrooms endure layoffs and pay cuts, a proxy statement filed with the SEC reveals. At the eye of the storm is CEO Janet Robinson, whose compensation in 2008 was more than $1 million greater than her 2007 salary and...

Dismal Ad Revenue Sends Times to $75M Loss

(Newser) - Advertising revenue for the New York Times Company’s news divisions sank 28% in the first quarter of this year, the Wall Street Journal reports. That, and a total revenue falloff of 19%, resulted in a $74.5 million loss for the publisher, compared to a break-even first quarter last...

Red Sox Owner Offers to Buy Boston Globe

Tycoon wants NYT Co.'s 17.75% share of team

(Newser) - The New York Times Company might be able kill two birds with one pitch. Red Sox principle owner John Henry recently told the company that he’d be willing to buy the Times’ 17.75% stake in the team, and that, if he did, the Times Co. could throw in...

'Jewel' Soon Was Tarnished for NY Times Co.: Globe

Globe staffers analyze parent company's treatment of once great paper

(Newser) - The Boston Globe is delving into the stunning fall of a once-great institution: itself. Keith O'Brien and Robert Weisman trace the decline back to 1993—when the New York Times Co. bought the "jewel of an asset" for a staggering $1.1 billion—to the unimaginable present, as the...

Globe's Rank-and-File Will Take Pay Cuts—if Execs Do

Management, unions sit down

(Newser) - Unionized Boston Globe employees say they’re willing to make sacrifices to save their foundering newspaper—but only if executives and managers do the same, the Globe reports. “If management is willing to lead us, to take pay cuts and concessions, I'm sure the union would be willing,”...

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