New York Times | featured news

A five-part Los Angeles Times series on the futility of government efforts to quell the growing threat of wildfires won a Pulitzer Prize on Monday, and the New York Times claimed five of journalism's highest awards in a year that recognized the watchdog function of the press even as newspapers struggle to survive.

27 top Internet publishers – New York Times, CNN, CBS Interactive, ESPN and the Wall Street Journal – say they’ll try the supersize ads in an attempt to get the attention of Web surfers who have learned to ignore banners. But doubters say more intrusive ads won't work. "We will tune those out as well," says Jose Castillo.

New York Times reported a lower fourth-quarter profit as an advertising slump continues to erode its capital base. The publisher's revenue fell 11%.