Sunday, April 22, 2007

Indian, Chinese Newspaper Shares Surge as McClatchy, N.Y. Times Nosedive

(Bloomberg) -- The newspaper business is bad and getting worse, billionaire Warren Buffett said last month. He was talking about U.S. papers, which are among the investments of Berkshire Hathaway Inc., the holding company he heads.

Shares of publishers outside the U.S. are another story.


Read more at Bloomberg Exclusive News

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