• New York Times, Wednesday, March 16, 2011 1:15 PM

The New York Times' Jeremy W. Peters examines the success of newsweekly The Week, which "earned a profit for the first time last year - $4 million - and is on track to make $6.3 million this year."

Sure, that profit can be seen as modest, Peters writes, "but in an environment where in just the last six months Newsweek sold for $1 and U.S. News and World Report ceased publishing as a printed news magazine altogether, there are plenty of publishers who would happily take that $4 million."

The mag's publisher also announced on Monday it would buy Mental Floss, "a magazine that writes about history and trivia with an irreverent flair."

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