Newsweek is in the news-raided by the police last month as part of a probe into the owners' shady finances, then subjected to a crude purge on Monday, when the owners sacked the editors and reporters who tried to write about the scandal. This was the cinematic coda to a decade of collapse.
Construction can resume on Pier 55, the floating park in the Hudson River that's largely funded by IAC chairman Barry Diller. New York's Apellate Division sided with a lower court's decision and ruled against the City Club of New York and other opponents of the project, saying the Hudson River Park took a sufficient "hard look" at potential impacts.