What were they thinking?
In the April 10 issue of BusinessWeek, which just came out, there is an article titled “The Secret Lives of Short-Sellers” that goes into detail about how hedge funds and research firms that specialize in finding companies whose stocks are going to fall are increasingly doing battle with the companies, namely Overstock.com and Biovail. Most […]
Carol Loomis to receive SABEW award
The Society of American Business Editors and Writers selected Carol Junge Loomis, a journalistic fixture at Fortune magazine who’s often regarded as the best business writer in the United States, as this year’s recipient of the group’s Distinguished Achievement Award. Loomis, 76, has worked at Fortune for 52 years and has kicked corporate shins for […]
Subpoena requests firm's contact with eight financial reporters
The New York Post is reporting Tuesday that a subpoena to research firm Gradient Analytics asked for records of all e-mail and phone contacts Gradient has had with approximately eight financial reporters. The eight reporters are Marketwatch’s Herb Greenberg, Mad Money host Jim Cramer, Dow Jones Newswire’s Carol Remond, Bethany McLean of Fortune magazine, Jesse […]
Media Life: Micklethwait's U.S. work to come in handy at Economist
Media Life, in reporting on the appointment yesterday afternoon of John Micklethwait to become the new editor of British-based The Economist, notes that the new editor’s experience here in the States will be essential to the future success of the publication. Heidi Dawley writes, “The U.S. has been the Economist’s growth market for some years […]
McGraw-Hill CEO saw bonus increase in 2005
McGraw-Hill CEO Harold McGraw saw his bonus increase by about $63,000 in 2005, according to a Dow Jones story about the company’s proxy statement. McGraw-Hill is the parent company of BusinessWeek magazine, which late last year shuttered its Asian and European editions and laid off a number of employees. The Dow Jones story reported, “According […]
Betting on the next editor of The Economist
Apparently a booking agent in London had been taking bets on who would be the next editor of The Economist magazine, but the bookie shut down the business after receiving a large number of bets on a certain internal candidate. The London Times reports, “SOMEONE at The Economist knows something we don’t. Paddy Power, the […]
Magazine covers as investment tools
Barry Ritholtz, who is president of a money manager in New York and writes a blog called “The Big Picture,” has an interesting comment today about using the covers of major magazines as indicators of how to invest. Ritholtz notes that there are 56 covers of major magazines with Apple’s Steve Jobs on the front. […]
Thoughts from New York
As mentioned earlier, I took a group of students in my “Business Reporting” class to New York during Spring Break last week and met with people from the business journalism world. Here are some of the things that the students heard and saw that I thought were most important: 1. At BusinessWeek, they met a […]
BusinessWeek changes
I am in New York today with some of my “Business Reporting” students. We visited BusinessWeek, the Wall Street Journal’s online operations, and the Bear Stearns trading floor. While at BusinessWeek, I learned that longtime chief of correspondents Jim Ellis has a new job. He is now the Ideas and Opinions Editor, which means he […]
Biz magazines nominated for awards
The American Society of Magazine Editors announced the finalists for the National Magazine Awards, considered the Pulitzer Prizes for the mag industry, and named a number of business magazines for potential prizes. Here are the biz glossies up for awards: 1. Harvard Business Review is a finalist in the general excellence category for magazines with […]
