Johnson Publishing Company, the black American icon based in Chicago, is hiring. It's a sharp turnaround for a company that saw circulation numbers and revenue for its flagship Ebony and Jet magazines plummet over a number of years. Those numbers are on the rise now, and company officials say questions about Johnson Publishing's ability to survive the turmoil in the media industry are no longer relevant.
Twenty years ago, it was hard to imagine a grunge album unseating Michael Jackson for the No. 1 position at the top of the Billboard charts, but that's what happened when Nirvana's Nevermind came out in September 1991. Since then, it's sold more than 30 million copies — which is certainly not what the album's co-producer, Butch Vig, was expecting.
But Vig says he remembers, when he first met Nirvana, that it was a band eager to work.
Google Inc. Executive Chairman Eric Schmidt told a Senate panel Wednesday that the company faces tough competition and isn't using its dominance in Internet search to stifle competitors.
Schmidt is testifying at a hearing examining whether Google is abusing its power to thwart competition by placing links to its own content and services at the top of search results to the disadvantage of its rivals' links.
Addressing the United Nations on Wednesday, President Obama reiterated his support for the creation of a Palestinian state. Still, the United States is expected to block the Palestinian bid for full U.N. membership.
In the hours following Obama's speech, the kind of backstage negotiations that have dominated activity at the U.N. this week continued.