Sep
08

Today, The Chicago Tribune didn't bankrupt an airline

In Section: Paper Cuts Posted By: Joe Uchill

Sadly, Google users finding out-of-date Tribune stories nearly did. An old, no longer remotely correct report of United Airline's demise caused a sell off on Wall Street. Oops!

This much is true – today Bloomberg cited a web-based Tribune reports to that United Airlines was going bankrupt. Their stock plunged nearly 75% before sales were halted. Also true? The report was six years old and United Airlines is not going bankrupt.

Subsequently, incorrect internet rumors have blamed the wrong people for the incorrect internet rumors. The story, said to have been accidentally reposted on the Tribunes’ website, was actually excavated from the archives of the Florida Sun-Sentinel by the investment firm Income Securities Advisor, who found it via Google search. Income Securities Advisor reported the 6-year-old Sun-Sentinel version of the Tribune’s story on Bloomberg.

Google: It's so effective, it will ruin your 401(k).

  • Currently 3.5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
 
0
Hey-guys on the right- this is why we need newspapers! You need professional organizations that have standards for vetting content before it gets slapped up and people lose their life savings. So, quit slapping around the media, or you'll lose your silver spoon.
 
 
..Search Shepherd Express
  • Tue
    2
  • Wed
    3
  • Thu
    4
  • Fri
    5
  • Sat
    6
  • Sun
    7
  • Mon
    8
Search in Events
2008-12-02 7pm
Film
Fall 2008 Human Trafficking Awareness Week Become Aware and Take Action Come Join Trafficking Ends with Action for Fall 2008 Human Trafficking Awareness Week. Monday Dec. 1st "Trafficking in South East Asia." Tuesday Dec. 2nd "Human Trafficking: Two Sides of the Same Coin." Thursday Dec. 4th "Gina Allende Speaks on Human Trafficking in Wisconsin." All events will be held in the UWM Fireside Lounge starting at 7pm an
Location: Central Milwaukee
..Search Shepherd Express