• Bill Keller only learned of impending staff cutbacks on Friday. [E&P]
• Staff cuts, TimesSelect hiccups, Alessandra Stanley, and now this: S&P downgrades Times Co.'s debt. [NYP]
• Time Warner, like a battered wife stuck in an abusive relationship, now insists it likes AOL again. [NYT]
• Conde brass swears that editor Ariel Foxman isn't about to be canned from Cargo. [WWD]
• Denton tells Adam Penenberg there isn't much profit potential in blogs. Then he lights a fresh cigar with a $100 bill. [Wired News]