Press declares that housing slump is over
Marek Fuchs of TheStreet.com points out that the business media have begun writing about the housing market as if it’s about to turn around when that may not be the case. Fuchs wrote, “The Business Press Maven is always highly critical of the business media for allowing a pattern of three to qualify as a […]
Amazon headline writers taking company's word
TheStreet.com’s Marek Fuchs writes that headline writers this morning are simply taking Amazon.com’s word for its revenue during the Christmas shopping season. Fuchs wrote, “Take the headlines written about Monday’s Amazon announcement, which in most cases appear to be just that: headlines superimposed on Amazon’s announcement. In this holy season, I thank God that at […]
Fuchs: Retail sales coverage all over the place
TheStreet.com’s Marek Fuchs notes that recent coverage of July retail sales data was all over the place, with some business journalism outlets reporting that sales were affected by the hot weather and others stating the complete opposite. Fuchs wrote, “Let’s start at the beginning of the alphabet with the Associated Press. They told us that […]
Loeb finalists named
The finalists for the Loeb Awards, administered by the UCLA Anderson School of Management, were named in a video conference on Monday by dean Judy D. Olian. There is no press release yet, and I did not catch all of the reporter’s names, but I did get all of the names of the newspapers and […]
Interpreting the new Fed isn't clear yet
With new Federal Reserve Board chairman Ben Bernanke, the investing world has had to learn how to decpiher his public statements and understand what he, and the Federal Open Market Committee, is saying when it announces its rate decisions. Business journalists, after 17 years of interpreting former chairman Alan Greenspan, now have the same task. […]
Micklethwait named new editor of The Economist
John Micklethwait has been named the new editor of 163-year-old magazine The Economist, replacing Bill Emmott. He starts in the new position immediately. Micklethwait, 43, was appointed the U.S. editor of The Economist in 1999. Before that, he ran the newspaper’s New York bureau for two years, having edited the Business Section of the newspaper […]