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Wednesday, November 25, 2009

Washington Post closing remaining U.S. bureaus

NEW YORK, Nov 24 (Reuters) - The Washington Post (WPO.N) is closing its last U.S. bureaus outside the nation's capital as the money-losing newspaper retrenches to focus on politics and local news.

"At a time of limited resources and increased competitive pressure, it's necessary to concentrate our journalistic firepower on our central mission of covering Washington and the news, trends and ideas that shape both the region and the country's politics, policies and government," the newspaper's top editor, Marcus Brauchli, wrote in a memo to employees that was obtained by Reuters.
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