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The public library system is on the chopping block in Philadelphia because the state is lacking the funding to keep the program running. An announcement released today said that, “All Free Library of Philadelphia Branch, Regional and Central Libraries” will be closed effective at the …

These are dark times for print journalism. Honestly, print journalism is about to take a big transformation, if it wants to still be around anyway.
Today the Sun-Times, publisher of the Chicago Sun-Times as well as other suburban newspapers, filed for chapter 11 bankruptcy protection. It …

One day after the UK Financial Services Authority pulled a similar stunt, the SEC temporarily banned the short selling of almost 800 financial stocks. According to the ban, on October 3rd short selling can resume.
With the news on Friday, financial stocks rallied.
Here’s the list …