Restructuring And Recapitalization

SAN FRANCISCO - The company that owns The Orange County Register in California and dozens of other newspapers on Tuesday became the latest publisher to seek bankruptcy protection, driven into financial despair by a staggering drop in advertising revenue.

Struggling online video startup Joost, begun with much fanfare in 2007 by the same people behind Skype and Kazaa, is restructuring its business after discovering that it can't survive on advertising to fund its operations.

LOS ANGELES - The Walt Disney Co.