Wednesday, July 25, 2012

Newsweek Owner Says Magazine Will Eventually Be Online Only - Bloomberg

Newsweek, the 79-year-old magazine, will eventually transition to an online-only publication, according to owner IAC/InterActiveCorp.

The New York-based company made the announcement during its quarterly earnings conference call today, saying it would curb investments in the money-losing business.

To contact the reporter on this story: Sarah Frier in New York at

To contact the editor responsible for this story: Nick Turner at

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Moderate earthquake rattles Marina del Rey - AP State Wire News - The Sacramento Bee

MARINA DEL REY, Calif. -- An early morning jolt has struck Southern California.

The U.S. Geological Survey says an earthquake with a 3.8-magnitude rattled the greater Los Angeles area at 3:18 a.m. local time. The temblor was located 2 miles east south east of Marina del Rey.

A dispatcher with the Los Angeles County Sheriff's Department said it "wasn't much of a quake" and that he hasn't had any calls from the public about it.

Within half an hour of the quake hitting, dozens of people had reported feeling the shaking on the USGS website, including some as far away as Riverside.