The New York Times is a complete financial failure just like their reporting. The Junk New York Times blames restructuring costs for their complete financial collapse because they will not or cannot admit that they're a socialist communist anti-American newspaper that nobody wants. The New York Times Co (NYT.N) reported a 95.7 fall in quarterly profit, hit by restructuring charges related to headcount reductions.
Rags To Rags Story
The New York Times
Net profit attributable to the newspaper publisher fell to $406,000, or break-even per share, in the third quarter, from $9.4 million, or 6 cents per share, a year earlier.
Read the rest of the story at Reuters.com.
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