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By Tom Blumer | April 26, 2011 | 6:21 PM EDT

The New York Times announced its first quarter 2010 results on Thursday. As is the case with most companies when they would rather not talk about the bottom line, the Times instead concentrated on its "operating profit."

A detailed look at the release reveals a group of contracting, money-losing journalistic endeavors propped up by an also-shrinking Internet enterprise.

Here are the first few paragraphs of the company's release:

By Ken Shepherd | April 26, 2011 | 5:53 PM EDT

A new poll finds one out of 10 Egyptians are sympathetic to Islamic "fundamentalists," 75 percent have a positive view of the Muslim Brotherhood, and 79 percent have a "very" or "somewhat unfavorable" view of the United States.

But Washington Post's Michael Birnbaum seems to portray this data as of little concern (emphasis mine):

By Matthew Balan | April 26, 2011 | 5:28 PM EDT

NPR's Renee Montagne apparently didn't take an alleged death threat seriously, as she practically chuckled during a report on Friday's Morning Edition about anti-Koch brothers protesters mistakenly calling a Des Moines, Iowa business named Koch Brothers office supplies.

Substitute co-host Mary Louise Kelly, noted that "Charles and David Koch are the billionaire owners of a giant industrial conglomerate based in Wichita, Kansas. They've poured millions into conservative and anti-union causes. People who don't like their politics have sent many critical e-mails and letters, even death threats, to Dutch Koch."

By Tim Graham | April 26, 2011 | 5:09 PM EDT

Time magazine is so biased that it even slams conservative Christians in the letters to the editor. Former Newsweek editor Jon Meacham's piece on pastor Rob Bell asking "Is Hell Dead?" apparently drew only one letter of opposition worth printing. Here's the one Time put in bold, large type:

"Hell is easy to define. It would be spending eternity with evangelicals." -- Don Koons, DALLAS

Googling Don Koons in Dallas leads to a web site for....Judge Don Koons Mediations Services, where they promise "Judge Don Koons mediation services reflect many years of divorce and family law experience, understanding and a well known calm demeanor that helps people feel at ease."

By NB Staff | April 26, 2011 | 4:43 PM EDT

It's now official.

Katie Couric is leaving the HMS "Evening News" on a life raft, having skillfully piloted the newscast to lower ratings depths during her time at the helm.

Equally liberal "60 Minutes" co-host Scott Pelley will likely take the conn, the New York Daily News is reporting:

By Scott Whitlock | April 26, 2011 | 4:35 PM EDT

ABC's Jon Karl on Monday railed against the "obscene" profits of the oil companies and demanded to know what House Speaker John Boehner plans to do about it.  World News anchor Diane Sawyer alerted viewers that "the five behemoths of the oil industry" are announcing record profits this week.

Using a highly judgmental word, Karl complained to Boehner, "Is there something obscene about gas company, oil and gas company profits being that high when Americans are struggling just to fill up the tank?"

By Alex Fitzsimmons | April 26, 2011 | 4:21 PM EDT

The New York Times offered a distorted glimpse into the prison at Guantanamo Bay and the Bush administration's treatment of suspected terrorists in a series of reports published on Sunday and Monday.

Scouring hundreds of leaked military documents, Times reporters used emotionally-charged phrases and cherry-picked anecdotes to paint an unflattering picture of the facility that has jailed hundreds of enemy combatants captured in the War on Terror.

By NB Staff | April 26, 2011 | 3:37 PM EDT

WMAL radio host -- and friend of NewsBusters -- Chris Plante gave a shout-out on his program this morning to our parent company the Media Research Center and our publisher, Brent Bozell.

The topic: the media's bias and double standards on gas price reporting.

By Lachlan Markay | April 26, 2011 | 3:13 PM EDT

This just in: New York Times columnist Paul Krugman is a raging hypocrite. You'll be shocked to find out, I'm sure.

In the ongoing debate over entitlement reform, one relatively modest proposal for saving a bit of money is to raise the retirement age by two or three years. But in a recent blog post, Krugman dismissed the proposal, saying it "shows how disconnected [its proponents] are from the way the other half lives (and dies)." It's only the plutocrats, "the judges - and the politicians, who are similar - who think it's a great idea to raise the retirement age."

Yes, the only people who think it's a good idea are judges or politicians…or Paul Krugman, as it turns out. Back in 1996, Krugman lauded the policy as a "sensible" way to pre-empt what he then described as the looming entitlement crisis.

By Clay Waters | April 26, 2011 | 2:18 PM EDT

Not even the light sections of the New York Times Sunday paper offer an escape from politics. In “Social Q’s,” his Sunday Styles column on modern etiquette, Philip Galanes got political when answering a question from Amanda from Grand Island, N.Y., criticizing Wisconsin Gov. Scott Walker for teacher bashing during his recent battle to reduce the influence of public-sector unions.

Q: I asked one of my professors if he would write a letter of recommendation for an internship I was applying for. He did, and I thanked him. And I got it. Am I supposed to thank him again? I don’t know the protocol.

By Lachlan Markay | April 26, 2011 | 12:07 PM EDT

When former NPR executive Ron Schiller said that the organization would be better off in the long run without public funding, he was envisioning an editorial independence that can never really be achieved while NPR is on the public dole. That is not to say that the station's editorial judgment is compromised by its receiving taxpayer dollars. But by bringing taxpayer money into the mix, NPR is inevitably subjected to political considerations. And it should be. Taxpayers must have a say in how their money is spent.

Odds are, on the long list of causes to which Americans would like their tax dollars devoted, subversion of the American military and foreign policy establishment is nowhere to be found. And yet, through NPR, taxpayer dollars are going towards the publication of information released for the express purpose of undermining the American government.

By reporting on contents of the latest Wikileaks document drop, which released massive amounts of sensitive and classified information regarding U.S. terrorist detention policies, NPR has advanced the objectives of an overtly anti-American organization.

By Ken Shepherd | April 26, 2011 | 11:31 AM EDT

In his "Rewrite" segment last night, MSNBC's "Last Word" host Lawrence O'Donnell pounded out a 9-minute-long sermonette against conservative radio host Rush Limbaugh.

O'Donnell slammed Limbaugh as biblically illiterate, reacting to a monologue from his April 25 program in which Limbaugh complained about liberals co-opting Jesus Christ for political purposes in the federal budget debate, posing questions such as "What Would Jesus Cut" from the budget.

"What would Jesus take?" Limbaugh countered, answering "nothing." O'Donnell vehemently disagreed, going on to cite Scripture references -- divorcing them from context -- in order to argue Jesus was a fan of "progressive taxation," among other things.

By Clay Waters | April 26, 2011 | 11:03 AM EDT

Real estate mogul Donald Trump, acting like a presidential candidate, is garnering attention by latching on to the “birther” issue -- the discredited notion that President Obama was not born in Hawaii but in another country, thus making him ineligible for the presidency. The New York Times ran a poll April 22 that asked: “Do you think Barack Obama was born in the United States, or was he born in another country?” The Times then broke down the results out for Republicans (but not for independents or Democrats): 45% of Republicans answered Obama was born elsewhere, 33% said he was born in the United States.

Meanwhile, the Times has yet to bring up a 2006 poll showing more than half of Democrats believed Bush was complicit in the 9-11 attacks.

Times liberal columnist Charles Blow pounced on Saturday: “It further exacerbates a corrosive culture on the right that now celebrates the Cult of Idiocy -- from Glenn Beck to Michele Bachmann -- where riling liberals is more valuable than reason and logic, and where intellectualism and even basic learnedness are viewed with suspicion and contempt.”

A recent nytimes.com Room for Debate online roundtable, “The Psychology of the 'Birther' Myth,” hosted seven experts about the psychology of the myth. The introduction:

By Noel Sheppard | April 26, 2011 | 10:03 AM EDT

The paranoid propaganda coming from MSNBC much like a rabid dog is starting to foam from your TV set.

On Monday, Ed Schultz brought on a reporter from Mother Jones to assist him in spreading nonsense about a "vast right wing network [that] is pumping money into states to defeat the wage earners of America and the middle class" with ideas "inspired by none other than Ronald Reagan himself" (video follows with transcript and commentary):

By NB Staff | April 26, 2011 | 9:46 AM EDT

It's Tuesday, and that means another installment of the comedic stylings of Jodi Miller. Check out the latest episode of NewsBusted below the break. (And if you enjoy the videos, make sure you subscribe to our YouTube channel.)