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Money Minute: Gourmet Magazine to Close

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Uploaded by on Oct 5, 2009

Conde Nast is closing four magazines including Gourmet, Vonage comes to wireless phones and UAW members ratify a contract with Deere&Co. The AP's Mark Hamrick reports. (Oct. 5)

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  • I went to a restaurant last night and passed three others that were closed. And they're going to shut down Gourmet. That's just another example of the falling standard of living in the US.

    The popular press says recovery is just around the corner, don't they?

    So how come these companies aren't just sticking around untill things get better?

    Maybe they know something that isn't being told to the public.

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