Coverage: CVS, Rite Aid drop Apple Pay
Apple’s new payment system has been around for less than two weeks and it’s already coming under fire. Over the weekend, two of the nation’s drugstore chains decided to stop accepting it. The New York Times had this story by Mike Isaac: Apple Pay, the Silicon Valley giant’s highly anticipated mobile wallet, has been available for […]
Coverage: Amazon shares drop after earnings
Investors are tired of waiting for the online retailing giant Amazon to actually make money. It’s hard to believe with all the stuff the company sells that it isn’t profitable, but investments continue to be a drag and investors are bailing. Ryan Mac has this story for Forbes: Amazon.com dramatically increased sales in its third quarter […]
Coverage: More trouble for automakers
The news that automakers have taken another hit means that car companies working to regain consumer trust have suffered another setback. Airbags are now exploding, forcing car makers to recall them and consumers to realize that their cars aren’t as safe as they thought. Jeff Bennett, Christopher M. Matthews and Christina Rogers had this story […]
Coverage: Total CEO dies In plane crash
The news that oil giant Total’s CEO Christophe de Margerie was killed in a plane crash in Moscow shocked the business world. It also kicked off speculation about who would take over the company. Forbes had these details in a story by Christopher Helman: Christophe de Margerie, CEO of French oil giant Total was killed Monday […]
Coverage: Two different tech companies
IBM and Apple reported earnings on Monday, but the stories were vastly different for the two technology companies. IBM is backing off from its 2015 earnings forecast, while Apple is riding high on the new iPhone 6. Interestingly, the two have formed an alliance to sell iPads and phones to corporate customers. Bloomberg’s Alex Barinka […]
Coverage: Yahoo back in the Spotlight
Yahoo is still coming under pressure from investors, particularly about what the company will do with its windfall from the initial public offering of Alibaba. CEO Marissa Mayer may make her thoughts known when the company reports earnings this week. Over the weekend, The Wall Street Journal had this story by Douglas MacMillan about Yahoo’s […]
Coverage: The stock market’s wild ride
This week has seen the return of volatility to the stock markets. As some investors are watching their portfolios shrink, they’re also wondering what exactly is causing the fluctuations. Coverage has been extensive, but here’s a quick sample from Thursday’s reporting. Mark Scott said in his piece for The New York Times that investors were […]
How a business journalist can improve in social media
Sapna Maheshwari covers retail for BuzzFeed News, which launched a vertical for business news in May 2013. Before that, she worked at Bloomberg News from 2009 to 2013. Her first year was spent as a rotating reporter exposing her to a variety of topics including currencies, insurance and stocks. She then covered corporate credit before […]
Credibility just as important for PR with biz reporters
Financial public relations spans many types of assets and clients, and that’s something Justin Perras has explored throughout his career. This summer, he joined the asset management division of a global bank. Before that he worked in-house for a large investment bank as well as for a New York agency specializing in financial clients. He […]
New to the job: The life of a young business reporter
Alex Dixon earned degrees in reporting and economics with a minor in creative writing from UNC-Chapel Hill in May 2014. He’s currently the only business reporter at The (Durham) Herald-Sun, a job he started in July. While a student, Dixon worked with publications including Our State Magazine, The Daily Tar Heel and founded Carolina Eats, […]
