San Francisco Chronicle may shut down (Reuters)

In this Jan. 20, 2009 file photo, Pressman Niel Nielsen checks the print quality of a copy of a San Francisco Chronicle special edition for the Inauguration of President Barack Obama at the Chronicle City Plant in San Francisco. The owner of the San Francisco Chronicle will sell or close the daily newspaper if it can't dramatically lower expenses within the next few months. The Hearst Corp., which owns northern California's largest daily newspaper, didn't specify a savings target. But the New York based company said the cost cutting will require significant layoffs. (AP Photo/Jeff Chiu)Reuters – San Francisco may lose its main newspaper, the San Francisco Chronicle, as owner Hearst Corp cuts a “significant” number of jobs and decides whether to shut or sell the money-losing daily.

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