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Latest Crain Communications Stories

2009-02-16 14:07:00

Northeast Ohio innovators recognized for technological breakthroughs CLEVELAND, Feb. 16 /PRNewswire-USNewswire/ -- NorTech, in partnership with Crain's Cleveland Business, is pleased to announce the winners of its annual Innovation Award program, which honors outstanding technological achievements of Northeast Ohio innovators who are impacting the lives of citizens in the region and around the world. This year, a distinguished panel of judges from Northeast Ohio, representing a broad range...

2009-01-26 06:23:00

CHICAGO, Jan. 26 /PRNewswire/ -- U.S. retirement funds lost almost $1 trillion of their value in the year ended Sept. 30, 2008, the worst decline in the 30 years Pensions & Investments has tracked the largest 1,000 plans. The decline is due to largely disastrous returns from equity markets, noted Nancy K. Webman, editor. Domestic equities, as represented by the Russell 3,000 index, fell 23.1% for the year ended Sept. 30. International equities performed even more poorly, with...

2009-01-12 08:41:00

DETROIT, Jan. 12 /PRNewswire/ -- The Detroit Economic Club (DEC) is pleased to host its annual North American International Auto Show Luncheon on Thursday, January 15, 2009. A panel discussion about the automotive industry will begin at 11:30 a.m. at the Motor City Casino in Detroit, Michigan. Panelists are: Daniel Howes, Business Columnist and Associate Business Editor, The Detroit News Philip Nussel, Managing Editor, Automotive News Online Tom Walsh, Business...

2009-01-09 12:20:53

Chicago's Sun-Times Media Group Inc. said it would close 12 weekly newspapers to cut expenses as advertising revenues have fallen. The 12 suburban newspapers scheduled to close are part of 51 newspapers published by Pioneer Press, which the Sun-Times purchased in 1989. The newspapers, scheduled to fold Jan. 15, cover mostly the northwest suburbs of Chicago, Crain's Chicago Business reported Friday. The Sun-Times, which lost $168 million in the third quarter last year, is attempting to save...

2008-12-10 12:30:00

NEW YORK, Dec. 10 /PRNewswire/ -- In an effort to provide even more timely news on corporate finance, Financial Week will become an online publication. As the indispensable source for intelligence on the issues affecting corporate money, Financial Week is edited for the "C-Suite" and other decision-level financial executives in the top U.S. companies. The weekly print newspaper ceased production with its December 7 issue. "Year over year, our Internet traffic has grown...

2008-12-01 17:07:00

NEW YORK, Dec. 1 /PRNewswire-USNewswire/ -- 40% of New York City residents fear for their jobs, while 80% have already cut back on spending, according to a new poll released today by Crain's New York Business. The Crain's poll paints a dreary picture of the city's economy. A solid majority of poll respondents, 58%, say they have already lost income or wealth in the economic turmoil, 60% say they had a hard time making ends meet last month, and 79% say they have made cutbacks in spending...

2008-12-01 13:27:00

NEW YORK, Dec. 1 /PRNewswire/ -- ID Media, the largest direct and digital media services company in the U.S., made Crain's inaugural list of the Best Places to Work in New York City 2008. These 50 companies were spotlighted by Crain's New York Business based on rankings by their employees in confidential surveys. Known as a powerhouse for ROI media, ID Media was founded in 2002 by a roll-up of three different agencies and grew successfully by cultivating a strong sense of community built on...

2008-12-05 09:55:00

DETROIT, Dec. 5 /PRNewswire/ -- The Detroit Economic Club (DEC) is pleased to host Keith Crain, Chairman, Crain Communications, Inc. on Thursday, December 11, 2008. His speech will begin at 12:30 p.m. and will be held at the Westin Book Cadillac in Detroit, Michigan. There will be a News Media Briefing immediately following the luncheon at 1:30 p.m. Keith Crain, auto-industry expert and Automotive News publisher and editor-in-chief, will discuss the dramatic changes affecting...

2008-12-04 14:11:09

The Chicago Tribune continued staff reductions this week in the wake of declining revenues, an in-house memo said. We must respond quickly to declining revenues and prepare for the future, Editor Gerry Kern wrote in the memo, Crain's Chicago Business reported. That means we must evaluate the size of the staff, its skills and organization in order to match the business and our goals, the memo said. More than a dozen newsroom employees were told their jobs would be eliminated by the end of the...


Word of the Day
monteith
  • A large punch-bowl of the eighteenth century, usually of silver and with a movable rim, and decorated with flutings and a scalloped edge. It was also used for cooling and carrying wine-glasses.
  • A kind of cotton handkerchief having white spots on a colored ground, the spots being produced by a chemical which discharges the color.
This word is possibly named after Monteith (Monteigh), 'an eccentric 17th-century Scotsman who wore a cloak scalloped at the hem.'
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