I don’t give the folks who toil away on the copy desk enough credit. So, I am pleased to give the award for Best Use of a Pun in a Headline  to whatever evil genius created the one that ran atop today’s Peoria Journal Star article about the Peoria Ballet’s new facility:
“Tutu to-do.”
Like I said [...]

I’m sitting here watching the opening ceremonies for the Olympic Games, and I’m growing increasingly annoyed at the annoying pop-up ad for Sherman’s that WEEK is running. It’s bad enough during regular television shows because they tend to make it hard to get lost in the story. But the graphics are covering up the information [...]

In an un-bylined article, the Journal Star reported on parent company GateHouse Media’s 2nd quarter statement and conference call. It’s the first coverage the PJS has given the company since the company’s stock prices fell below $1.
The article stated that GateHouse was suspending dividend payments and was going to use the money to pay down [...]

The Philadelphia Inquirer has issued orders that no news articles be placed on the newspaper’s Website until AFTER the story appears in print. This includes “signature investigative reporting, enterprise, trend stories, news features, and reviews of all sorts.” Some breaking news might make it to their site, but that’s it. Sounds sort of like the [...]

I am continually sickened at how the liberal media protects Barack Obama. Case in point:
Officials of the U.S. Secret Service say there is nothing they could have done to avoid an incident yesterday in which Barack Obama was heckled by a strangely behaving man in the press section during an appearance at an Ohio college.
The [...]

I’m not much of a fan of sports columnist Mike Nadel. So I didn’t read the column in question when it first appeared. I’m not surprised there would be a reaction:
Earlier this week, Peoria Journal Star columnist Mike Nadel wrote that ESPN sideline reporter Erin Andrews dressed and acted like a “sexpot” in the [...]

This time, the victims are the folks who rely on the McPherson (Kan.) Sentinel. And the press release they printed on the front page makes it sound like just another run of the mill business decision, much like switching from brand-name coffee to the generic stuff in the cafeteria.
But they ARE going to update the [...]

GateHouse Media — which closed at 44 cents a share on Friday — opened at 60 cents, then dropped down to 40 cents. It hovered around 43 cents most of the day. Two minutes before closing, Marketwatch was telling me the stock was worth 40 cents, but at close, the stock had rallied to 50 [...]

Peoria Pundit is number 9 on this week’s list of most influential blogs in Illinois. Not too bad for a blogger who’s been more about the nuts and bolts than content recently.
UPDATE: Fixed the link.

House Speaker Nancy Pelosi forced a vote to adjourn the U.S. House of Representatives. She did so against the wishes of some Republicans who instead wanted to debate and then vote on a new national energy policy. So they staged a protest on the floor of the House on Friday, and plan another one today.
Because [...]

The New York Times writes about how no one wants to buy newspaper companies anymore. Of course, GateHouse Media’s woes get a mention. But they saved the money paragraph for the last:
Despite the long-term challenges, analysts and bankers think that buyers will return to the newspaper market, though they may be outnumbered by people who [...]

The lovely and talented Marie Carnes set me an email with an observation: Most bankruptcies are filed in court during the first week of the month. So, if GateHouse Media is to inclined, we might hear about it within the next seven days.
Marie predicts that the company would probably declare Chapter 11, which would allow [...]

From Editor & Publisher:
GateHouse Media is likely to default under its credit agreement unless it can negotiate an amendment to its covenants or get a cash injection from its largest stakeholder, Moody’s Investor Service says in a report downgrading the community newspaper publisher’s credit and probability of default ratings.
and
GateHouse could bump up against loan covenants, [...]

On the first trading day after its stock reached a new low, GateHouse Media saw the value of its stock plummet to an all-new low of 66 cents a share. The stock rebounded to 90 cents a share, less than what’s needed to avoid delisting on the New York Stock Exchange.
The drop is being blamed [...]

That’s 91 cents as of 9:19 a.m. today, via Marketwatch.
And 87 cents by 9:30 a.m.
*Sigh*
Just keep clicking the link during the day. I have a bad feeling.