Biz journalists report fluff by choice

If political reporters are behind the curve and missing the real story, what about business journalists? Are they, too, remiss in reporting what really is going on at the companies they cover? This past Sunday, Sasha Issenberg presented a strong argument in The New York Times:  political journalists aren’t even good at covering what’s devolved […]

Vacation assignments for biz journalists

Your news organization has enticed you with a tempting boondoggle. Go to Davos, Switzerland, and report on the comings and goings of some of the biggest names in business, politics and entertainment. Or, perhaps, the destination is Sun Valley, Idaho. Ah. A summer week in Sun Valley during the investment firm Allen & Co.’s annual […]

Bloomberg strikes deal for more NYC space

Bloomberg L.P. announced Wednesday that it has reached an agreement to lease more than 400,000 square feet of additional office space at 120 Park Avenue in New York to accommodate its rapid growth. “This new location is ideal as we build upon our record-setting year in 2010 and position ourselves for future growth,” said Peter […]

The deflation of business journalism

David Carr of The New York Times writes about how the field of business journalism has collapsed. Carr writes, “There are several technical reasons underlying the collapse — and that’s what it is — of business journalism. Business wisdom that is imprisoned in printed pages, already locked in the past, increasingly seems like a curio. […]

How did WSJ reporters get quote from executive’s call?

Reid Pillifant of the New York Observer writes Wednesday about a Wall Street Journal story that quoted a CEO from a private teleconference with investors saying his company was bidding to acquire a bank. Pillifant writes, “The report cited ‘people familiar with the matter’ as identifying the unnamed bank as Corus Bankshares Inc., but Journal […]

SABEW members vote to move to Arizona State

TALKING BIZ NEWS EXCLUSIVE Members of the Society of American Business Editors and Writers voted narrowly Monday to move the organization’s headquarters to Arizona State University. The vote was 33, or 53 percent, voting for the move to Arizona State, and 29, or 47 percent, voting against the move, and was held at the SABEW […]

The difficulty of covering a down market

David Carr of the New York Times writes for Monday’s paper about the difficulty in covering a down market for CNBC and others in business journalism. Carr writes, “Doomsayers generally don’t make good television: they are always right on the way in and rarely correct on the way out. But under any circumstances, the economy […]

NYTimes biz writer Henriques signs contract for Madoff book

New York Times senior financial writer Diana Henriques has signed a contract with Times Books to write a book about disgraced investor Bernie Madoff, tentatively called “A World of Lies.” Matthew Flamm of Crain’s New York Business writes, “Ms. Henriques has been leading the Times coverage of Mr. Madoff since news broke in December that […]

Cramer’s difficulties in a turbulent market

David Carr of the New York Times writes for Monday’s paper about CNBC “Mad Money” host Jim Cramer, who has encountered criticism during the economic turmoil but remains committed to his show. Carr writes, “As the markets performed another U-turn on Friday, the script for ‘Mad Money’ became a criss-cross of revisions. By the time […]

ACBJ to combine two California papers

TALKING BIZ NEWS EXCLUSIVE The American City Business Journals will merge its East Bay Business Times with the San Francisco Business Times, staffers were told on Thursday. The Oct. 10 issue will be the East Bay paper’s last issue. Subscribers will get the San Francisco paper beginning with the Oct. 17 issue. Former East Bay […]