First, the good news this a.m.: Gas prices around the DFW are drop, drop, dropping -- in some areas down to $2.25 a gallon, well below last year's $2.70 and the current local average of $2.57. The bad news? Stock prices are drop, drop, dropping worldwide -- it ain't looking good this morning. As my father said this morning, "People can afford to drive around and not buy anything."
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And, this morning, A.H. Belo employees and stockholders were greeted by a missive from Robert Decherd, who announced, among other things, a wage freeze effective November 1, as well as a new credit agreement that will cost the company more but allow for extra wiggle room during these difficult days ahead. The good news: There's always Briefing: "Initial results from both audiences and advertisers are promising." What sounds awesome right now? A bummer-free zone.--Robert Wilonsky