Nancy Kearney

When I received my stimulus check last year, I — like most people — split it between the bank and bills. When the next stimulus comes through in paychecks starting April 1, part of it will still be headed to the bank, but because it will come incrementally, instead of as a lump sum, I'll use some for incidental purchases or to save for larger ones.

President Barack Obama has nominated Federal Trade Commission member Jon Leibowitz as the agency's chairperson. Leibowitz, a lawyer, joined the commission in September 2004, and previously was VP of Congressional Affairs for the Motion Picture Association of America.

Should newspapers be bailed out? Maybe. Each day brings new reports of newspaper layoffs, sales, bankruptcy filings, cutbacks in production or home delivery and moves to online only — and, of course, diminishing ad dollars and readers.

Reader's Digest Association plans to trim about 280 positions, or about 8% of its 3,500 member work force, and also will implement unpaid time off for remaining employees.

Domino, a high-end lifestyle magazine, will publish its last issue in March, Condé Nast announced today.

Viewers served by Hearst-Argyle Television Inc. are being served up a new series on economic issues, which combines reports on business and individual efforts to weather the recession, as well as advice on saving money.

Consumer electronic retailer Best Buy has named Brian Dunn, the company's president and COO, as CEO effective June 24.