New York Times chairman Arthur Sulzberger Jr., who famously got punched in the eye by a bicycle messenger in 2002, gets another shiner in the new issue of The New Yorker. In a must-read profile for media soothsayers, writer Ken Auletta raises the question of whether Pinch Sulzberger can survive journalistic embarrassments and shrinking profits. Auletta quotes a "family friend" asking, "Is Arthur going to get fired?" Though Auletta notes that The Times remains arguably "the world's finest newspaper," and the only one that generates more than $1 billion a year in advertising, he contends: "Within the newsroom, there is...