The publishing industry has been in flux for years. First chain stores, then Amazon, then e-books — many forces have combined to create dramatic change in the traditional publishing model.
Mike Shatzkin is the founder and CEO of the publishing industry consulting firm Idea Logical. He says one of the biggest changes happening in publishing right now is the planned merger of two of the biggest players in the field, Penguin and Random House — with whispers of further mergers to come.
Originally published on Thu December 27, 2012 8:40 pm
With negotiations to avoid the "fiscal cliff" uncertain at best, the Obama administration is trying to tamp down anxiety in the federal workforce.
The administration's message to various federal agencies is that there will be little immediate effect on public employees from the budget cuts scheduled to take effect next week if a deal is not reached. Treasury Department employees, for instance, were told not to expect "day to day operations to change dramatically on or immediately after January 2."
Originally published on Thu December 27, 2012 5:14 pm
An Arizona ski resort is making snow for the first time this year, ending more than seven years' worth of legal battles over its snowmaking system, which relies entirely upon treated wastewater to coat its slopes when the snowfall has been uneven.
The resort, Arizona Snowbowl, has long been a target of American Indian tribes, who say it defiles sacred land. Critics have also said the snowmaking system might threaten an endangered plant. The resort sits on more than 700 acres of land that it leases from the U.S. Forest Service.
About a month ago, Declan Procaccini's 10-year-old son woke him early in the morning in a fright.
"He came into my bedroom and said, 'Dad, I had a horrible, horrible dream!' " Procaccini says. "He was really shaken up. I said, 'Tell me about it,' and he told me he'd had a dream that a teenager came into his classroom at his school and shot all the kids in front of him."
Opinion polls show 2012's extreme weather — producing wildfires, floods and drought — has more people making a connection with climate change. For Marti Andrews in southern New Jersey, a turning point was the summer's hurricane-like derecho.
"I don't want to say I freaked out about it, but holy crap, it scared me," she says. It packed winds up to 90 miles per hour and nonstop lightning, which Andrews says looked like some wild disco display in the sky.
"I've never seen anything like that," she says. "I sat there on the couch thinking, 'Oh my God, we're all gonna die!' "
Originally published on Thu December 27, 2012 10:02 pm
Gerard Depardieu, one of France's most iconic and beloved film stars, is now at the center of a national uproar over French taxes and patriotism.
Depardieu, who has been in around 200 films, says he's moving to Belgium to avoid paying a new 75 percent tax on the superwealthy. The move has divided the country and has focused attention on the Socialist government's controversial new tax policy.