The Pittsburgh Post-Gazette, founded in 1786, will shut down on May 3, its owners announced Wednesday. Block Communications Inc. has hemorrhaged over $350 million in cash while owning the newspaper over the past two decades, the outlet reported. The firm asserted that it could not sustain such significant cash losses. *** “Recent court decisions would require the Post-Gazette to operate under a 2014 labor contract that imposes on the Post-Gazette outdated and inflexible operational practices unsuited for today’s local journalism,” Block Communications said in a press release, according to CBS Pittsburgh. *** Prior to Block Communications’ closure announcement, Supreme Court...