Originally published on Mon December 3, 2012 10:01 am
Saying that "we could not find a large enough audience quickly enough to convince us the business model was sustainable in the long-term," News Corp. CEO Rupert Murdoch said this morning that The Daily will "cease standalone publication" on Dec. 15.
The photo that touched many hearts: New York City Police Officer Lawrence DePrimo gives a shoeless man a pair of boots on a frigid night last month. That man was later identified as 54-year-old Jeffrey Hillman.
Treasury Secretary Timothy Geithner says it's up to congressional Republicans to take the next step in budget talks to avoid the pending automatic spending cuts and tax increases at the end of the year.