The “cult of luxury” has seduced consumers more interested in flaunting logos than in owning exquisitely made items.
Newspaper Circulation Continues to Drop
Readers expect to get their news for free, on the Internet.
Defense Labels Enron’s CFO Fastow a `liar,’ `thief’
Former Enron CEO Jeffrey Skilling’s attorney attacks former collegue Andrew Fastow.
Enron Jury Seated as ‘Last of the Great Scandals’ of ’90s Goes to Trial
Opening arguments are scheduled to begin in Houston.
Hedge Fund Activist Turns Up the Heat on Corporate America
Bill Ackman is forcing major corporations to grapple with the very aggressive shareholder.
Ex-Tyco CEO Kozlowski gets up to 25 years in prison
White-collar criminals face far tougher sentencing guidelines than in years past.
KPMG admits to $2.5 billion tax fraud
KPMG says it set up fraudulent tax shelters for its wealthiest clients.
Lawyer Suing Lawyer Becoming Common Corporate Strategy
Malpractice claims are rising as lawyers sue other law firms for malpractice.
Radio’s Biggest Fear Isn’t Losing Howard Stern, it’s the iPod
Consumers get new choices, more control When Jeff Smulyan, chairman and chief executiveRead More
New York City on High Alert for 2004 Republican Convention
The NYPD is out in force amid alleged threats of terrorism protest violence.
Tribune Co. uncovers more inflated circulation
CEO Dennis J. FitzSimons calls the circulation snafu “unacceptable and wholly out of character.”
N.Y. Times’ Self-Criticism Turns Eyes to Media’s Role in Launching Iraq War
The Times said it failed to sufficiently scrutinize the Bush administration’s assertions about Iraq’s “weapons of mass destruction.”
Immigration Reform Is Derailed by 9/11 Terrorism Attacks
Congress and President Bush appeared poised to move forward on a comprehensive immigration reform bill — until the attacks of 9/11.
Bill Murray keeps his cool at Brooklyn’s Bill Murray film festival
Like few entertainers can make people laugh even before they even say anything.
The Fall of the Redskins Brand
How Washington Redskin owner Dan Snyder let social media take over the conversation.
Images of Charred U.S. Soldiers Spark Debate
Some news organizations chose to not publish images of charred American bodies being dragged through the streets of Fallujah, Iraq.
Steelworkers Face Off Against Kaiser Aluminum
More than 2,900 Kaiser Aluminum employees in Louisiana, Washington and Ohio have been on strike for 20 months.
Opening Salvos Fired in Martha Stewart Trial
The media and merchandising mogul is accused of lying to federal agents to cover up a stock sale.
U.S. Terrorism Crackdown Snags Visiting Journalists
Confused by tougher enforcement procedures, an increasing number of foreign journalists traveling fromRead More
Mexico Reveals Identity of Zapatista’s Subcomandante Marcos
Mexican President Zedillo tries to discredit the rebel leader amid setbacks for his ruling Institutional Revolutionary Party.
Midwest Farmers Lament the Demise of Farm Radio
Chicago’s WGN-AM said a sharp drop in agriculture advertising forced the station to cancel its long-running farm radio show.
Grassroots Radio Activists Take on the FCC, Big Media
The Prometheus Radio Project, a Philadelphia collective of community media advocates, is the lead plaintiff in a landmark lawsuit.
Community Groups Anxious Over Bank One Sale to J.P. Morgan
Neighborhood and minority organizations fear rise in predatory lending, branch closings.
Meatpackers charged with smuggling immigrants to work in Midwest plants
Immigrant and union leaders say meatpackers are bringing Mexicans, Central Americans into the U.S. to work for sub-standard wages.
Verizon workers strike over right to organize company’s new wireless employees
More than 87,000 Verizon workers are striking for the right to organize the company’s non-union wireless employees.