Amazon and U.S. Postal Service strike Sunday deal
In a move that many are saying will benefit both parties, Amazon and the U.S. Postal Service have reached an agreement to have the floundering government agency make Sunday deliveries for the retailer. Here are some of the details from the New York Times: The cash-short United States Postal Service, which has failed to win […]
Analyzing Bloomberg’s self-censoring its China coverage
The New York Times published a story during the weekend saying that Bloomberg News was self-censoring its coverage of China. Bloomberg won an award for its coverage of the wealth being amassed by Communist party leaders and now, according to the story, it was pulling back on publishing a similar story. Bloomberg denied the story was […]
Coverage of Twitter’s debut
The much-hyped initial public offering for Twitter is finished now that shares priced and made a lot of people rich on the first day of trading. Let’s take a look at a small portion of the extensive coverage of the site’s first day as a public company. Here are the basic facts from the Wall Street […]
Wal-Mart’s online glitch helps customers
Wal-Mart has another item to add to its list for getting ready for the holiday shopping season: fixing its website. Customers were able to snag incredible deals Wednesday after a problem with the site offered items that typically cost hundreds of dollars for tens. Here’s the story from the Wall Street Journal: Christmas came early for […]
Evaluating second-day coverage of the SAC deal
After hedge fund SAC Capital pled guilty to criminal and civil charges of profiting from inside information, the real stories examining the deal came out on Tuesday. Some of them were interesting. Bloomberg Businessweek ran a story asking the question if the deal was actually good for the government: During a press conference yesterday announcing […]
Blackberry drops plan to sell itself
Blackberry announced Monday that it was abandoning plans to sell itself and it would replace CEO Thorsten Heins. The company decided instead to sell $1 billion in convertible debt to current shareholders and remain a public company. Here’s the story from the Wall Street Journal: After its months-long sale effort failed, BlackBerry Ltd. Monday abandoned a tentative $4.7 […]
Twitter seeks more ads abroad
This is the week. The highly anticipated initial public offering for Twitter is likely to sell this week and the media was keen to advance the story. There were a couple of pieces about Twitter’s ability to sell more ads abroad. Here’s the Wall Street Journal’s story: Three-fourths of Twitter Inc. users are overseas. But only one-fourth […]
Business models and business journalism
The second panel discussion at Talking Biz News’ conference at the CUNY Graduate School of Journalism in New York invited those on the business end of journalism to talk about the model for making money and what the future may bring. The discussion touched on a variety of topics including pay walls for web sites, […]
Why can’t we all just get along?
Talking Biz News hosted a conference Friday at the CUNY Graduate School of Journalism in New York about the state of business journalism. The first panel featured journalists, former journalists, corporate public relations officers and PR agency executives exploring the relationships between corporations and business journalists. Many on the panel agreed that today’s fast-paced news […]
CFTC’s recent struggles after the shutdown
The Commodity Futures Trading Commission has been in the news lately, especially as it restarts after the government shutdown. The Wall Street Journal had an interesting story about the CFTC being undersized and lacking funding to bring charges in certain cases: The Commodity Futures Trading Commission is so cash-starved that the agency is being forced […]
