Textbook publisher Cengage has held discussions with restructuring advisers, as it faces the twin reckonings of decreased demand for textbooks and burdensome debt tied to the private-equity buyout boom.
(2 months and 28 days ago)
Postmedia says John Connolly, publisher of the Edmonton Journal; Guy Huntingford, publisher at the Calgary Herald; and Marty Klyne, publisher of the Saskatoon StarPhoenix and Regina Leader-Post will be leaving the organization.
(23 days ago)
Supreme Court backs student in textbook copyright case by Mark Sherman The Associated Press Published Mar 19, 2013 10:39AM MDT WASHINGTON • The Supreme Court ruled Tuesday that textbooks and other goods made and sold abroad can be re-sold online and in discount stores without violating U.S. copyright law. The outcome was a huge relief to eBay, Costco and other businesses...
(2 months and 7 days ago)
A LongHorn Steakhouse is expected to open by this fall on Whiskey Road in Aiken. Construction started Monday on the 6,300-square-foot restaurant at 2480 Whiskey Road, in front of Lowe’s, said LongHorn spokesperson Erica Jaeger. The restaurant is being built on a 1.5 acre parcel and will be able to accommodate 240 diners, she said. Between 80 and 100 employees will be hired,...
(28 days ago)
Paul Krugman notes that the textbook response to liquidity traps was only mentioned in one textbook - his.
(11 days ago)
A LongHorn Steakhouse is expected to open by fall on Whiskey Road in Aiken. Construction started Monday on the 6,300-square-foot restaurant at 2480 Whiskey Road, in front of Lowe’s, LongHorn spokeswoman Erica Jaeger said. The restaurant is on a 1.5-acre parcel and will accommodate 240 diners, she said. Between 80 and 100 employees will be hired, said Jaeger, adding that...
(28 days ago)
Textbook publisher Cengage Learning drew down a credit line and hired restructuring advisers to tackle its heavy debt load.
(2 months and 1 day ago)
Health care will take the second-biggest hit from the cuts, after defense. And the ax will fall most heavily on programs that have been battered by years of government cutbacks. They are doing cuts on top of cuts on top of cuts, said Eric Hoffman, of Children's National Medical Center. Here's what's expected
(2 months and 25 days ago)
Washington is trying to reach a deal before billions of dollars in spending cuts take effect. Even though the cuts are official, many of them won't start to kick in until April. The cuts will hit every federal agency and will impact Colorado.
(2 months and 22 days ago)
Apax Partners has acquired more than $800 million in Cengage Learning debt, making it both the main owner and a major creditor of the struggling textbook publisher.
(27 days ago)
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