World

A Secretive Hedge Fund Is Gutting Newsrooms

Posted On: May 27, 2022   |   Posted By: The Atlantic

A Secretive Hedge Fund Is Gutting Newsrooms

The Tribune Tower rises above the streets of downtown Chicago in a majestic snarl of Gothic spires and flying buttresses that were designed to exude power and prestige. When plans for the building were announced in 1922, Colonel Robert R. McCormick, the longtime owner of the Chicago Tribune, said he wanted to erect “the world's most beautiful office building” for his beloved newspaper. The best architects of the era were invited to submit designs; lofty quotes about the Fourth Estate were selected to adorn the lobby. Prior to the building's completion, McCormick directed his foreign correspondents to collect “fragments” of various historical sites-a brick from the Great Wall of China, an emblem from St. Peter's Basilica-and send them back to be embedded in the tower's facade. The final product, completed in 1925, was an architectural spectacle unlike anything the city had seen before-“romance in stone and steel,” as one writer described it. A century later, the Tribune Tower has retained its grandeur. It has...

Continue reading ...

 








Residents react to Baltimore City budget, police funding during Taxpayers' Night

Residents react to Baltimore City budget, police funding during Taxpayers' Night

Some Baltimore City residents made their opinions known on the proposed 2023 budget to the City Council during Thursday's Taxpayers' Night. Read more ...

'Goodfellas' co-stars, many others pay tribute to Ray Liotta

'Goodfellas' co-stars, many others pay tribute to Ray Liotta

Tributes are pouring in for actor Ray Liotta, who died at age 67 in the Dominican Republic. Read more ...

Cooldown Expected For Your Holiday Weekend

Cooldown Expected For Your Holiday Weekend

KSBW 8 meteorologist Holt Hanley has your local weather forecast Read more ...

Patrick Corbin gets into the win column as the Nats scale the Rockies

The Nationals hadn't won a Corbin start this season, but that's no longer the case after Thursday's 7-3 win. Read more ...

2022 Freddy Awards: Bangor wins five awards in live show's return

The Freddy Awards are back for the first time since 2019. We have all the details on which show and school won big. Read more ...

NRA's meeting in Houston kicks off as protesters call for it to be canceled

"If the city can cancel the rodeo for public health, isn't this an issue of public safety." Protests start to grow as NRA convention begins on Friday Read more ...

Why Biden's new policing policies mean so little on the ground

Two years after the murder of George Floyd, President Biden signed a police reform executive order that won't do much to curb daily police violence. Read more ...

Home still sweet: Hurricanes push Rangers to brink of elimination

Some things changed in Game 5... some key things didn't for Carolina. Read more ...

Langley boys' soccer team escapes the area's strongest region bracket

The Saxons scored a 3-0 win over Washington-Liberty in a Class 6 Region D semifinal, earning a spot in the state playoffs. Read more ...

‘Roger Penske Perfect': Indy 500 set for first full house under command of...

A crowd of more than 300,000 fans will enjoy many upgrades May 29 at the first full-capacity Indy 500 since Roger Penske bought Indianapolis Motor Speedway. Read more ...