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Iran shipping line masks 'arms vessels'
CHICAGO, May 14 (UPI) -- Playboy insiders said the 56-year old magazine will opt for two centerfolds for its first July/August issue, which signals an effort to head off losses.
Playboy posted a net loss of $13.7 million in the first three months of the year, with annual revenues at its glossy men's entertainment magazine down 16 percent, the Chicago Tribune reported Thursday.
Playboy Enterprises said it expected print advertising revenues to decline 39 percent in the second quarter, compared to the second quarter of 2008.
Combining two months editions into one magazine fueled worry that readers would have only 11 centerfolds by year's end. To get through the possible debacle, Playboy will feature twin centerfolds for the July/August edition, Crain's Chicago Business reported.
Interim Chief Executive Officer Jerome Kern said, "I envision having a magazine, but I don't want a magazine that's in the ICU all the time."
Kern replaced Christie Hefner, company founder Hugh Hefner's daughter, who resigned as CEO earlier this year. The company is currently looking for a permanent replacement.
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TEL AVIV, Israel, Feb. 8 (UPI) --
Israel is reported to be seeking to deploy fighter aircraft in Cyprus, its partner in developing a natural gas bonanza under the eastern Mediterranean, to protect these vital energy resources.
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WASHINGTON, Feb. 8 (UPI) --
Thousands of tiny unmanned aircraft or drones flying into civilian airspace over the United States can pose a security threat as they may be difficult to monitor in the long run and some craft may fall into enemy hands, security analysts say.
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Despite predictions that home prices are close to bottom, the leading provider of home equity protection sees its customer base exploding in 2012 because of changing consumer attitudes towards homeownership....
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With union workers protesting in the street, leaders in Greece met to hash out details of spending cuts that long ago crossed into draconian territory.
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