The beleaguered American magazine Newsweek has been saved from imminent demise by 91-year-old audio equipment tycoon Sidney Harman. He is reported to have purchased the title last night from the Washington Post Company for the token price of one U.S. dollar (he also assumes Newsweek's liabilities). No word yet on whether Harman's ever heard of the internet. Incidentally, his wife is Democratic California congresswoman Jane "never met a wiretap or a war she didn't like" Harman.
Newsweek bought for a buck by hi-fidelity tycoon
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Surprise your dad with the ultimate under-$100 bathroom upgrade this Father's Day
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Help dad invest smarter with a Father's Day deal on Tykr Stock Screene
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