The August 9 issue of Newsweek magazine is shown on a newsstand on August 2, 2010 in Chicago, Illinois. It was reported that Sidney Harman, the founder of Harman International Industries Inc. has signed a deal with the Washington Post Company for it's subsidiary Newsweek magazine. Newsweek is one of the top three newsweeklies in the US but as of 2007 has lost $44 million in operating costs.
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