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This is the VOA Special English Economics Report. One of America's largest media companies has sought protection from its creditors in bankruptcy court. The Tribune Company owns the Los Angeles Times, the Chicago Tribune, the Baltimore Sun and other
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In China, state media report upwards of 10,000 people were killed in Monday's powerful earthquake. The quake struck in mid-afternoon when schools and offices were full. NPR's Laura Sydell reports from Shanghai. In some areas of Sichuan Province, eig
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1.President Obama announces an ambitious plan to avert home foreclosures of people with troubled mortgages by coercing lenders to lower interest rates. The president is also backing legislation to give bankruptcy judges the power to alter mortgage t
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Under Pressure, Tronc Recognizes 'Chicago Tribune' Union RACHEL MARTIN, HOST: The Chicago Tribune has taken a big step closer to unionizing for the first time in the paper's 170-year history. The Tribune's owner Tronc has agreed to negotiate with a u
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RACHEL MARTIN, BYLINE: Journalists at the Chicago Tribune say they're one step closer to unionizing. They voted overwhelmingly in favor of it and have given the paper's owners 24 hours to respond. It's a big turnaround for the paper, which has histor
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