Vancouver paper to cut stock listings
The Columbian, the daily newspaper in Vancouver, Wash., is changing its stock listings later this month, according to Julia Anderson, the paper’s business editor. Anderson wrote, “Beginning Tuesday, Feb. 20, we’re adding a list of bond offerings and rates. We’re adding a rotating package of stock performance graphics profiling widely held companies. You also will […]
Stock listings going the way of Reuter's pigeons
Florida Times-Union reader advocate Wayne Ezell compares the paper’s decision to cut its stock listings in favor of sending readers to its web site for stock price information to changes that Paul Julius Reuter made in building his wire service in the 19th and 20th centuries. Ezell wrote, “The pigeons delivered the goods in two […]
Business press wrong about weather and oil prices
TheStreet.com’s Marek Fuchs points out that Reuters and the Associated Press are getting it wrong when tying changes in the weather to prices for crude oil in the commodities market. Fuchs wrote, “Let’s start with a headline from this morning, careful not to ensnare our pant leg on too much nonsense. Reuters, in its infinite […]
No consensus on why the market dropped
Hal Morris, who writes on the grumpyeditor.com blog, took a look at this morning’s coverage of Monday’s markets and wonders what’s going on. Morris wrote, “Pity business writers of stock market action. Looking for reasons behind daily movements require constant development of fresh phrases. Yesterday’s 88.37 drop in the Dow Jones Industrial Average — biggest […]
Car seat test not Consumer Reports' first mistake
Jim Fitzgerald of the Associated Press writes that the decision by Consumer Reports last week to retract a story about the safety of child car seats is not the first time that the magazine has faced an embarrassing mistake. Fitzgerald noted that Consumer Reports has faced lawsuits in recent years from Suzuki, Isuzu, Sharper Image, […]
Yahoo expands personal finance coverage
Michael Liedtke of the Associated Press writes that Internet site Yahoo is expanding its personal finance coverage in a bid to attract more readers. Liedtke wrote, “The new money management package, scheduled to make its debut Thursday night, is being offered as an extension of Yahoo’s decade-old finance section – one of the Web’s top-ranked […]
Southwest Florida paper cuts stock listings
The Fort Myers News-Press has become the latest paper to cut its stock listings, according to a story in Wednesday’s paper. The News-Press will now run the new “Markets and Money” page offered by the Associated Press. Executive editor Kate Marymont wrote, “Listings will be reduced from three pages to one page Tuesday through Saturday. […]
NBC reports State Farm ruling as little guy victory
Ken Shepherd of the Business & Media Institute points out that NBC’s coverage of a $2.5 million ruling against insurance company State Farm was much different than how it was covered by other media such as the Associated Press and New York Times. Shepherd wrote that NBC anchor Brian “Williams told viewers of the January […]
PC World editor killed in California
Rex Farrance, the senior technical editor for PC World, was found shot dead in his California home, according to an Associated Press story. The story stated that Farrance, 59, was shot Tuesday night. The story said, “‘We have substantial reason to believe that the victim and his wife were involved in the possession and, potentially, […]
Grumpy editor: Economic outlooks confuse readers
I’ve discovered a new blog recently called Grumpy Editor. One of his recent comments focused on the fact that stories about what the U.S. economy is going to do in 2007 have had different opinions. Grumpy Editor wrote, “In the why-business-editors-reach-for-the-aspirins department (leading to befuddled readers): contrary outlooks for the coming year. “While a front […]