Good morning, Feeders! It’s a bit chilly out there, but the sun is shining. Here are some news nuggets to carry you through breakfast:
The National Enquirer has filed for Chapter 11 bankruptcy. We normally would have read a headline like this in the Enquirer, but . . . uh . . . they’re going through some stuff right now. The Associated Press says the filing is the result of decreased newsstand sales, which affected publisher American Media’s overall revenue. The company reported an $8 million earnings loss over the past year.
On a brighter note, consumer prices in the Philadelphia area reamin mostly unchanged during the last two months. The Inquirer reports the recent drop in energy prices helped offset the increase in food prices, setting us on a nice plateau. Better than an increase, right?
The Philadelphia Police Department has released preliminary results from its foot patrol efforts. The 12-week patrols consisting of two officers per beat targeted the city’s high crime areas, and while numbers from individual patrol beats have not been released, the general results show a 22 percent reduction in violent crime overall and a 13 percent increase in total arrests in the foot patrol zones.