This week's In The News includes more lay-offs for the publishing industry, Barnett Books' closing, rising sales in three book segments, a Sourcebooks' acquisition, and Macmillan backs out of BEA. Furthermore, Diamond Book Distributors plans to expand sales, a new vice-president for Little Random, Graywolf Press will play an honorable role on Inauguration Day, Augsburg Fortress is forced to make major changes and much more. Read On!