How the AP keeps helping Wall Street
Allan Roth writes on CBSMoneywatch.com that the Associated Press continues to report broad market returns without factoring in dividends, allowing Wall Street firms to make their performance look better in comparison. Roth writes, “What is particularly frustrating for me is that, in the many years of discussion with the various folks at the AP, no […]
The fight for public records
Tim Arango of the New York Times looks Monday at how some media organizations continue to fight, despite the cost, for government records believed public. Arango writes, “On appeals, The A.P., which last year hired a new in-house lawyer, Karen Kaiser, will send documents, sometimes just a letter, that often resemble full legal briefs to […]
Wire business journalists labor under bad management tactics
Ryan Tate of Gawker has a nice story about how the business journalists at Bloomberg News are not the only ones laboring under a management by fear operating style. Tate reports, “Our AP source says a majority of the staff — 90 percent, this person claims — are about to send a jointly-signed letter to […]
Bloomberg magazine wins environmental prize
Bloomberg Markets magazine became the first U.S. news organization to receive Brazil’s Paul Donovan Kigar Prize for “social responsibility, conscience, vision and interest in the defense of mankind and nature.” The prize commission honored Bloomberg Markets magazine for its defense of Brazil’s environmental resources in the story, “Plundering the Amazon.” Authors Michael Smith and Adriana […]
Four on AP biz desk laid off
TALKING BIZ NEWS EXCLUSIVE Four staffers in the Associated Press business news operations lost their jobs on Tuesday as part of the wire service’s layoffs. Dan Lovering, a reporter in the AP’s Pittsburgh bureau who covered manufacturing in the aerospace, metals and machinery industries, confirmed to Talking Biz News that he was laid off. Lovering […]
BusinessWeek named site of the year
The American Society of Business Publication Editors named BusinessWeek as the Web site of the year in the 2009 Digital Azbee Awards of Excellence. CIO, InfoWorld, and TechRepublic earned honorable mentions. One of the judges stated that BusinessWeek’s Web site had a strong, clean interface with consistent page elements that led to positive user experience. […]
AP offering economic meltdown series
One year after the housing downturn triggered the worst financial crisis since the Great Depression, the Associated Press will offer an ambitious series of stories spanning five weeks examining how the economic meltdown and the Great Recession have changed everything from Wall Street to Main Street . “Meltdown Legacy” will begin Labor Day weekend and […]
AP redesigns markets site
The Associated Press has redesigned its Markets Web site. The Web site has been enhanced to include better navigation and design. Money & Markets, customizable for both print and online use, provides insight into the financial markets with a broad mix of text, graphics and data modules. “Users have told us the new site looks […]
AP business editor in Asia named Tokyo bureau chief
Malcolm Foster, the Associated Press business editor for the Asia-Pacific region, was named Monday as the new Tokyo bureau chief. An AP story states, “Based at the Asia-Pacific regional desk in Bangkok since 2005, Foster helped strengthen and expand coverage of the fast-expanding economies of the Far East and South Asia, assigning and editing stories […]
AP rolls out maps to show economic stress
The Associated Press announced Monday that it is launching an index that will provide monthly, multi-format updates on the economic stress of the United States down to the county level. The Associated Press Economic Stress Index weighs three economic variables — unemployment, foreclosures and bankruptcy — to produce a score on a scale of 0-100 that measures how […]
