Why China needs Bloomberg more than Bloomberg needs China

Gwynn Guilford of Quartz writes about Bloomberg’s situation in China, where it has apparently shied away from publishing investigative articles for fear of upsetting government officials. Guilford writes, “While this might sound contrarian, the company over time likely has a lot more leverage to pursue both hard-hitting journalism and commercial success than its chairman Peter Grauer suggests. “Chinese […]

Bloomberg seeks pharma reporter

Bloomberg News seeks a reporter to join the U.S. health team covering the pharmaceutical and biotechnology industries. The successful applicant should have a proven ability to report on finances, operations, medical innovation and R&D activities at the world’s biggest drug makers, and be knowledgeable about the economic, social and market trends that affect the industry. […]

WSJ named most influential biz news outlet; Sorkin named most influential biz journalist

The Wall Street Journal remains the most-influential financial news organization in the country, according to survey results released Thursday. The Journal was nominated as the most influential financial news organization by 83 percent of the nearly 500 financial journalists who responded to the survey in November and December. Bloomberg News was second with 58 percent,m […]

CNBC hires Tirrell from Bloomberg News

Nik Deogun, senior vice president and editor in chief at CNBC, sent out the following announcement on Thursday: I am pleased to announce that Meg Tirrell will join CNBC as a general assignment reporter, effective April 7th.  Meg’s primary focus will be covering the biotechnology and pharmaceutical beat and will appear on both CNBC’s Business […]

NYTimes CEO takes swipe at Bloomberg

Mark Thompson, the CEO of the New York Times Co., poked rival Bloomberg News on Wednesday at a media conference when asked about the latter’s decision not to publish stories critical of people connected to the Chinese government for fear of hurting its business. Matthew Garrahan of the Financial Times writes, “Mr Thompson was speaking […]

Richardson: “Uncomfortable” with spiking stories

Ben Richardson, the former editor at large at Bloomberg News who quit earlier this month due to concerns about the news organization’s decision to spike stories critical of businessmen tied to the Chinese government, spoke Tuesday about the move with David Folkenflik of “All Things Considered.” In the segment, Richardson is quoted as saying, “It […]

Ben Richardson speaks and wants Bloomberg to respond

Ben Richardson, the Bloomberg News editor who was involved in editing the spiked China stories, spoke with James Fallows of The Atlantic about how he decided to resign from the company and what happened. Here is an excerpt: James Fallows: Four months ago, during the Mike Forsythe episode, Bloomberg officials contended that his stories just […]

Video mocks Bloomberg in China with another resignation

Next Media Animation has posted another video making fun of Bloomberg News in the wake of the resignation of editor at large Ben Richardson due to Bloomberg’s handling of sensitive stories in China. Next Media also produced a video when it was disclosed that Bloomberg had held the stories for fear of upsetting the Chinese […]

Bloomberg’s Richardson quits over handling of China story

Ben Richardson has resigned from Bloomberg News after 13 years to protest editors’ handling of an investigative piece reported from China – a story his bosses feared would get them expelled from the country, reports Jim Romenesko. Romenesko writes, “Richardson, who was an editor at large for Asia news (he edited the enterprise stories and […]

Seeking Alpha president discusses anonymous writers

Seeking Alpha President David Siegel discusses crowd-sourced stock opinions on Bloomberg Television’s “In The Loop.” He also addressed the issues regarding Seeking Alpha allowing writers to post anonymously on its website. “Our focus is on building the best possible site we can with a vigorous editorial review,” said Siegel in the interview. He said that […]