US newspapers face more bad news as advertising revenue drops

U.S. regional and national newspaper publishers, already staggering with a drop in ad revenue more severe than the industry has seen since the Great Depression, say the second half of 2008 may be even worse.

New Mexico enjoying revenue windfall from oil, gas

New Mexico is reaping a revenue windfall because of high prices for oil and natural gas, and a debate is brewing about whether the extra cash should be spent on highways, schools, health care or tax rebates.

New Mexico enjoying revenue windfall from oil, gas (AP)

AP - New Mexico is reaping a revenue windfall because of high prices for oil and natural gas, and a debate is brewing about whether the extra cash should be spent on highways, schools, health care or tax rebates.

Time Warner to split AOL as revenue plummets

The box office success of Sex and the City failed to offset a 26 per cent fall in profits at Time Warner, which reported lower revenue from print and online.

Thomson Reuters revenue growth slows

The newly merged Thomson Reuters has announced slower revenue growth for the second quarter, although the news and information publisher insisted it was on track to achieve full-year forecasts.

2007 Satellite Industry Revenue Grows 16% (SPACE.com)

SPACE.com - Global revenue across the satellite industry grew 16 percent in 2007 to $123 billion, bolstered by growth in the satellite services, launch services and ground hardware sectors, according to the Satellite Industry Association's (SIA) annual report released June 11.