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A one-sentence explanation of the New York Times’ one-word story

Which is a real thing.

New York Times Suspends Quarterly Dividend In Order To Save Cash Photo by Mario Tama/Getty Images
Peter Kafka covers media and technology, and their intersection, at Vox. Many of his stories can be found in his Kafka on Media newsletter, and he also hosts the Recode Media podcast.

It’s the Friday before Labor Day, so this qualifies as news — even in the print edition.

This article originally appeared on Recode.net.