Now that the MTA's fare hike may just be 25 cents, you can put your savings towards the NY Times. The AP says the paper is raising its prices: Starting June 1, weekday and Saturday editions will cost $2—up from $1.50—and the Sunday NYC edition will be $5—up from $4—and the Sunday national edition will be $6—up from $5. The paper last raised its prices in July. The NY Times' parent company, the NY Times Co., has lost $74 million during the first quarter and is looking to make cuts and even threatened to shut down the Boston Globe if union concessions weren't made. Yesterday, the NY Times' members of the Newspaper Guild agreed to a 5% pay cut in order to avert layoffs and today management sent employees a thank you memo.
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