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 […]
And another one joins the Dark Side
Matt Slagle, the national technology and business reporter for the Associated Press, is leaving the wire service to become a public relations manager for Sony Online Entertainment, according to a release. It’s a company he covered. Sony, if you’re unfamiliar with the gaming world, makes the PlayStation 2 and PlayStation 3 systems, as well as […]
Real estate coverage: Negative news, or PR spin?
Eugene Meyer of Real Estate Magazine takes a look Wednesday at whether the business media has been overly negative in covering the real estate market. Meyer wrote, “The lead paragraph on the National Association of Realtors’ Nov. 21 release reported that home sales prices actually rose in most metropolitan markets. The Associated Press lead, however, […]
Charlotte Observer deputy biz editor moves to AP bureau
Mitch Weiss, deputy business editor at The Charlotte Observer and a winner of the 2004 Pulitzer Prize for investigative reporting, has been named Associated Press correspondent in Charlotte, according to an AP story. The appointment was announced Wednesday by Sue Price Wilson, bureau chief for North Carolina and South Carolina. The story stated, “Before joining […]
Iowa business editor dies
Mike Augspurger, the business editor of the Burlington Hawk Eye in Iowa, has died at the age of 52, according to an Associated Press story. He died on Monday. The Hawk Eye is the oldest daily newspaper in the state. The AP story stated, “Augspurger joined The Hawk Eye in 1994. After a brief retirement […]
Terrible job in reporting housing data
Seth Jayson from The Motley Fool writes Tuesday that the business media isn’t reporting housing data from the federal government correctly. Jayson wrote, “As usual, the headline mills out there are carrying misleading information, either because they can’t understand the statistics they’re reading, or because they don’t care to report the numbers truthfully. “For instance, […]
AP names new European business editor
David McHugh, bureau chief for the Associated Press in Germany and Poland, will become the AP’s business editor for Europe at the beginning of next year, according to an AP styory. The story stated, “McHugh succeeds Amy Finkelstein, who will become an editor for the business news department in New York after three years in London. “McHugh […]
AP launches Money & Markets for weekend biz sections
The Associated Press is launching AP Money & Markets Extra, a modular, customizable business and markets reporting service geared to weekend editions of business section. Money & Markets Extra brings a personal investment approach to markets information. Newspapers can choose from more than 30 modules that “snap” together to build full or partial pages, or […]