Business is always good at Fox Business Network
Frazier Moore, the television writer for the Associated Press, writes a critique Tuesday of the new Fox Business Network where he notes that its coverage of business is always positive. Moore wrote, “Thank goodness Fox Business is here now to keep spreading the good word. Most media outlets are all too focused on ‘biz-blasting,’ as […]
What biz wires can teach the rest of business journalism
The best business journalists at the Associated Press are those that can be both reporters and editors at the same time, its business editor said Saturday. “Our reporters will be out in the field gathering news and writing stories, but they will also have a desk assignment” later in the week or the next week, said […]
BusinessWeek redesign will ditch most lifestyle coverage
The BusinessWeek magazine redesign, which will be unveiled to subscribers on Friday, will ditch most of the magazine’s lifestyle coverage, writes Seth Sutel of the Associated Press. Sutel wrote that the only lifestyle coverage that will remain is a wine column written by Robert Parker. Sutel wrote, “Some of the changes at BusinessWeek are designed […]
Citigroup statement reported as fact
TheStreet.com media critic Marek Fuchs writes Monday that business journalists have taken Citigroup’s statement that its earnings would return to normal next quarter hook, line and sinker. Fuchs wrote, “On this subject, mark The Business Press Maven’s abnormally brilliant words: In announcing an oceanic write-off for the third quarter and entertaining no real questions on […]
Choking on doughnut coverage
TheStreet.com’s Marek Fuchs is all choked up with how the business media took a news release from Krispy Kreme Doughnuts — a company that has disappointed in the past — and wrote stories without questioning what it said. Fuchs wrote, “With this as a backdrop, the company issued a boilerplate press release on Friday. Its headline: ‘Krispy […]
Steiger: Murdoch's ownership won't affect WSJ's China coverage
Speaking in Beijing, former Wall Street Journal managing editor Paul Steiger said that he didn’t believe that News Corp. CEO Rupert Murdoch‘s ownership of the Journal would affect its coverage of China. An Associated Press story stated, “‘My expectation is that there will be no change in our China coverage,’ Paul Steiger said in Beijing. […]
Five picked for Wall Street Journal editorial oversight board
Five people have been picked to comprise a board designed to protect the journalism published in The Wall Street Journal from interference by News Corp. CEO Rupert Murdoch, who is purchasing its parent company Dow Jones & Co. for $5 billion, writes Richard Perez-Pena of The New York Times. Perez-Pena wrote, “They are Louis D. […]
Long-time AP, Bloomberg reporter Currier dies
Chet Currier, a well-known business journalist who wrote for the Associated Press and Bloomberg News, has died at the age of 62 after battling prostate cancer, according to a Bloomberg story. William Ahearn and Mark Schoifet wrote, “At AP, he wrote the daily stock market story that, until the explosion in coverage of financial news, […]
Murdoch appears frustrated with progress of Dow Jones talks
The Associated Press is reporting that News Corp. CEO Rupert Murdoch is becoming frustrating with the lack of progress in talks to acquire Dow Jones & Co., the parent of The Wall Street Journal. An AP reporter caught up with Murdoch at the Sun Valley media conference in Idaho. The AP story stated, “Murdoch has […]
Miami deputy biz editor leaves for AP
Mary Rajkumar, the deputy business editor at The Miami Herald, will join The Associated Press as assistant international editor, working on special projects and series, according to an AP story. Rajkumer will be based in New York. The story stated, “During two years at The Herald, Rajkumar, 38, led the paper’s housing coverage and edited […]