Bloomberg to open new bureaus
Bloomberg News bureaus will open in Doha, Abu Dhabi, Riyadh, Angola, Belgrade and Tallinn, adding to its 145 bureaus across the globe, the news service announced Monday. The disclosure was part of its announcement that it was adding Associated Press content to its terminals. The announcement also stated that in addition to the real-time AP content, […]
Could Portfolio have survived?
James Ledbetter writes on The Big Money about the death of business magazine Conde Nast Portfolio and wonders whether it could have survived under different circumstances. Ledbetter writes, “The question was never a lack of talent; if anything, Portfolio hired too many talented people and didn’t know how to make them play nice together. The […]
Conde Nast Portfolio closing
David Carr of the New York Times reports Monday that Conde Nast Portfolio, a two-year-old business magazine, is closing. The magazine is closing as of the May issue, and the Web site will close in the second quarter. Carr writes, “The decision was announced to the staff at 10 a.m. on Monday by David Carey, […]
WSJ is only major U.S. paper to grow circulation in first quarter
The Wall Street Journal continues to see a strong increase in individually paid circulation and is the only U.S. newspaper among the top 25 to show growth in total circulation. The Journal’s individually paid circulation grew by more than 2.8 percent, as filed with the Audit Bureau of Circulations, subject to audit, released Monday. This […]
The watchdog that forgot to bark?
Anupreeta Das from Reuters has some additional coverage of the panel at the Society of American Business Editors and Writers annual conference in Denver on whether business journalists did enough to warn consumers about the economic crisis. Das writes, “Maybe journalists couldn’t do more than they did. ‘The job of the press is most effective […]
Conde Nast Portfolio extends cost cutting
Keith Kelly of the New York Post writes Monday that the cost cutting at Conde Nast Portfolio has extended to the cover photo. Kelly writes, “In the May issue, Lipman is running a recycled photo of Treasury Secretary Timothy Geithner on the cover. “The shot was actually run as an inside photo in the June […]
Bloomberg to add AP content, other services
Andrew Edgecliffe-Johnson of the Financial Times writes about how Bloomberg News is attempting to expand the services it offers its customers, including adding AP news coverage to its terminals. Edgecliffe-Johnson writes, “Bloomberg has launched iPhone and BlackBerry applications. It is reviewing Bloomberg.com, having removed some content in 2005 for fear that it was cannibalising terminal […]
Writing biz news books a special art
TALKING BIZ NEWS EXCLUSIVE The task of writing a book about a business news event by a journalist takes an ability to collect and gather facts that are often useless in daily business journalism, said three book authors Sunday. “You learn things that I don’t think I can sell to Larry [Ingrassia, New York Times […]
Personal finance coverage intensifies
TALKING BIZ NEWS EXCLUSIVE The competition in personal finance coverage has intensified in the past few years, said Jane Bryant Quinn, the pre-eminent personal finance columnist in the country. She noted that Web sites devotes to personal finance, as well as new syndicated columnists, have increased the amount of content. The Associated Press earlier this […]
How did the business media perform?
TALKING BIZ NEWS EXCLUSIVE Business journalists and experts differed Sunday on whether the financial press did a good job in warning consumers about the current economic crisis before it occurred. The panel kicked off the annual meeting of the Society of American Business Editors and Writers in Denver. Dean Starkman, a writer for the Columbia […]