Bloomberg spend nearly $1 billion to buy legal and tax research company
Bloomberg LP announced Thursday a deal to acquire legal, tax and regulatory research firm BNA for $39.50 per share in a cash offer for a total purchase price of approximately $990 million. The transaction is expected to close in 2011. A combination of Bloomberg and BNA would include news content, subject matter expertise, proprietary data […]
WSJ Sunday publishes early to help papers bracing for hurricane
TALKING BIZ NEWS EXCLUSIVE The Wall Street Journal Sunday, which runs in business sections across the country, changed its schedule this week to help papers along the Atlantic Coast who are adjusting their printing schedules because of Hurricane Irene’s impending landfall. A request from the Charleston paper spurred the action. “We got a note from […]
Atlanta paper names Sunday biz editor
TALKING BIZ NEWS EXCLUSIVE Business columnist and blogger Henry Unger has been named the Sunday business editor at the Atlanta Journal-Constitution. Unger tells Talking Biz News that he may still write the occasional column. He became a columnist in 2009 after working as the sports and enterprise business editor. The Sunday section is the only […]
Chicago Trib names business editor
Julie Tatge, who was business editor of the Chicago Tribune in an earlier stint at the paper, was appointed to the post once again earlier this month. Tatge will report to Michael Lev, who is associate managing editor of business. The Tribune business desk has been undergoing a number of changes. Earlier this year, it […]
Assistant biz editor leaving Raleigh paper
TALKING BIZ NEWS EXCLUSIVE Business and government editor Mary Cornatzer of The (Raleigh) News & Observer sent out the following staff announcement on Wednesday: It is with much sadness that I announce Alan Wolf is leaving the paper. Alan came here in 1998 when I was a very large scary pregnant lady. Luckily, he doesn’t […]
Is MarketBrief the future of business journalism?
Erik Sherman of BNET.com writes Wednesday about MarketBrief, which uses a computer program to generate thousands of stories each day from Securities and Exchange Commission filings. Sherman writes, “Co-founder Jason Zucchetto says that the current idea came from the company’s original idea of creating a better alternative to Edgar, the SEC’s system for retrieving corporate […]
New deputy ME named at Dow Jones
Anna Raff, the managing editor for resources news at Dow Jones Newswires, sent out the following announcement to the staff on Tuesday: I’m pleased to announce that Paul Rekoff, a long-time editor and manager on the Copy Desk at Dow Jones Newswires, will be joining the Resources reporting team as Deputy Managing Editor. Paul comes […]
Oakland area newspapers to get standalone business section
A reorganization of the Bay Area News Group, which includes the San Jose Mecury News, will result in each paper in the East Bay getting a standalone business section. A story on the newspaper’s website states, ” The East Bay papers will have a stand-alone Business section every day that will include business news from […]
Marketplace explains in a way that people can understand
Lucas Shaw of The Wrap interviewed Deborah Clark, the new executive producer of “Marketplace,” the business show on public radio. Here is an excerpt: What is the first order of business as the new head of editorial? We have a great opportunity right now. What’s been happening in recent weeks in particular with lots of […]
Leaking good news to mask the bad news later
Felix Salmon of Reuters writes about how Hewlett-Packard last week leaked some news to a Bloomberg News reporter that would boost its stock before it released some bad news — that its earnings would be much lower than expected. Salmon writes, “HP was still spinning, though: its official news release was headlined ‘HP Confirms Discussions […]
