Bloomberg, Comcast trade barbs about channel location
John Eggerton of Multichannel News reports that the legal volleying between Bloomberg and Comcast over the news neighborhooding condition in the NBCU deal continued Monday. Eggerton writes, “Bloomberg told the FCC in a filing opposing Comcast’s request for further review of an FCC clarification that Comcast cannot comply with the FCC mandate that it group […]
FT expands in Latin America
The Financial Times announced a significant expansion into the Latin American market on Tuesday. The business newspaper has launched a digital newspaper print site in São Paulo, a new Latin America homepage on FT.com, and a new mobile app for the region. These investments reflect an increasing demand for the FT’s incisive global news and […]
Payroll tax cuts likely to expire
With the looming fiscal cliff, not a lot of news organizations have been paying attention to the payroll tax cuts, set to expire at the end of the year. The New York Times’ Annie Lowrey wrote Monday that no matter who wins the election in November, it’s unlikely this particular tax cut will survive. That […]
Fed government lax in responding to Bloomberg’s FOI requests
A Bloomberg View editorial laments how the federal government has been slow to respond to Freedom of Information Act requests for cabinet-related travel. The editorial states, “In June, Bloomberg reporters filed Freedom of Information Act requests with 57 federal agencies. The reporters sought data in a narrow (and not particularly complicated) area: taxpayer- supported travel […]
St. Louis biz editor accepts assistant biz editor job in LA
Brian Thevenot, the business editor at the St. Louis Post-Dispatch for the past two years, has resigned to accept a job as an assistant business editor at the Los Angeles Times. Thevenot says he will start at the Times on Nov. 5. His departure date from the Post-Dispatch has not yet been determined. Thevenot, who […]
Quartz is nice, but it’s not a must read
There are many reasons that I really, really want to like Quartz, Atlantic Media’s new business website. First of all, I like the magazine — which is usually very well written and full of unexpected and provocative points of view. Second, of all, well, it’s business news and in a world full of journalistic shrinkage, […]
Why there’s so much Apple coverage
Tim Worstall writes on Forbes.com about why there is so much coverage about Apple in the business news media. Worstall writes, “Apple is the world’s most valuable company for example. It has, in the past decade, entirely revolutionised two parts of the consumer electronics business. Indeed, the smartphone, which the iPhone was the first decent […]
CNBC launches new online show on futures market
CNBC announced Monday the launch of a new live online show, “Futures Now,” available on CNBC.com and devoted to the futures market. The 15-minute program will premiere live Tuesday, Oct. 2,at 1 p.m. EST and will live stream twice a week on Tuesdays and Thursdays at 1 p.m. EST here. The show is hosted by […]
American Banker, Bond Buyer are for sale
Luisa Beltran of PEHub reports that Source Media, the parent company of American Banker and The Bond Buyer, is for sale. Beltran writes, “The Jordan Edmiston Group is advising, the persons say. New York-based SourceMedia, which publishes American Banker and The Bond Buyer, produces EBITDA in the mid-teens, two bankers say. However, another source says […]
Pensions & Investments to open Asia office
Douglas Appell, a Boston-based reporter with Pensions & Investments covering the business of money management for the past nine years, will be moving to Singapore early this month to open the newspaper’s first office in Asia. A Pensions & Investments story states, “With a growing number of money managers in the U.S., Europe and Asia […]
