UPI

Covering breaking news has broken the bank at United Press International (UPI). Once a leading news service, UPI struggled through revolving ownership and bankruptcies during the 1980s and 90s. A shadow of its former self, today UPI distributes news to media outlets, businesses, governments, and researchers. Products include in-depth reports and analysis of global issues affecting business and policy decisions, news bulletins, and a headline service. E.W. Scripps started The United Press in 1907. It merged with International News Service (founded by Randolph Hearst) to become UPI in 1958. Reverend Sun Myung Moon's News World Communications ("The Washington Times") bought it from Saudi Arabian investors in 2000.