Forbes to begin financial blog network

Forbes.com announced Monday the creation of a business and finance blog network, comprised of a community of pre-screened business and financial blogs. The blog network’s content will focus on senior business decision makers and high-net-worth investors. Topics will be relevant to the banking, trading, hedge fund management, affluent investing, and senior business decision-making communities. Participation […]

Dow Jones drops AP, adds Agence France-Presse

Dow Jones & Co. announced Tuesday an agreement for Dow Jones Newswires to distribute editorial content from Agence France-Presse while it will stop distributing content from the Associated Press. The company also announced plans to expand its global editorial staff. These changes are part of Dow Jones’s broader strategy to invest in its global financial news […]

AP business editor leaving

Kevin Noblet, business editor for The Associated Press, is leaving the wire service at the end of next week. He had been in that position since 2004 and has worked for AP for more than 27 years. Noblet would not disclose his next job. A replacement has not been named, but deputy business editor Chuck […]

Biz journalist conference call on exec pay held

A panel of expert journalists and a compensation consultant gave more than 100 business reporters useful advice on how to figure out CEO pay, pensions and severance in a training teleconference Wednesday sponsored by the Society of American Business Editors and Writers. The 90-minute conference, accompanied by a Web-based presentation of key points and sample […]

The AP and the R word

Hal Morris, writing on his Grumpy Editor blog, complains that the Associated Press is emphasizing the prospect of a recession too much in its coverage. Morris wrote, AP writer Martin “Crutsinger pulled information from a National Association for Business Economics survey of 49 economists in declaring, ‘Because of all the bad news, more and more […]

The biz media hates the market

TheStreet.com media critic Marek Fuchs writes Monday that the business media’s recent negativity toward the economy signals that the stock market might have hit a bottom. Fuchs wrote, “The Business Press Maven is not one to call short-term trading moves, but conventional wisdom is always reflected in the price of stocks. And the business media […]

Critic: AP emphasizes negativity in housing reports

Tom Blumer writes on the NewsBusters site that the Associated Press seems to always accentuate the negative in the National Association of Realtors report on the housing market. Blumer wrote, “Granted, the National Association of Realtors (NAR) is a trade organization which will, as trade organizations do, try to put the best face on a bad […]

SABEW to hold conference call on executive pay

A new proxy season is looming, and both journalists and companies are dealing with the SEC’s revised rules for corporate disclosure of how and how much top executives are paid. To help member business reporters get the details and get them right, the Society of American Business Editors and Writers will sponsor a 90-minute conference […]

Disney coverage accentuates the negative

TheStreet.com’s media critic Marek Fuchs writes Wednesday that the Associated Press, the Economist and even TheStreet.com overplayed the bad news regarding Walt Disney Co.’s earnings on Tuesday. The Wall Street Journal did better, while the Reuters story was perfect, he added. Fuchs wrote, “To the Business Press Maven’s eye, Gina Keating over at Reuters did […]

Reuters, Thomson confident of merger approval

Thomson Corp.’s proposed $17 billion acquisition of Reuters Group PLC should receive regulatory clearance early in the second quarter of 2008, both companies said in a statement on Monday, according to an AP story. AP wrote, “The new timetable is a slight delay — the pair had said in mid-December that the deal was expected […]