"New York Times Company Posts Loss" (via NY Times.com)

As a precursor to the demise of the phone book directories, we read this article today about the expanded worries at the nation's newspapers.

• The New York Times Company, the parent of The New York Times, posted a $335,000 loss in the first quarter — one of the worst periods the company and the newspaper industry have seen — falling far short of both analysts’ expectations and its $23.9 million profit in the quarter a year earlier.