MarketWatch
In his Boston Herald days,
David Callaway mocked the Globe for being too focused on anything but the local story. Now he's sad to see his former rival shutter its foreign bureaus. "At a time when the country is at war, markets are coming together at an unprecedented rate, and the public is enthralled with all things China or India, to name just a few foreign story lines, the idea that a major newspaper would cede coverage of its world to something like the Associated Press to save a few bucks is appalling," he writes.
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Number of planned US media job cuts in surged 88% in 2006 (Reuters)
