CEOs posting on the Internet and Reg FD

Former BusinessWeek reporter and author Gary Weiss has an interesting couple of posts on his blog about Overstock.com President Patrick Byrne and his use of the Internet to post potentially market-moving information and wonders where such actions stand in relation to Regulation Fair Disclosure, which requires public companies to disclose information to all interested parties […]

Bloomberg Markets outperforms Institutional Investor

Bloomberg Markets magazine was ranked among the top five business publications among investment professionals globally, according to the latest Erdos & Morgan Professional Investment Community Study of 2005-2006. For the first time, the monthly Bloomberg Markets magazine out-delivered Institutional Investor with an average issue audience of 34.1 percent of all investment professionals worldwide, a 10 […]

BusinessWeek announces new international editorial managers

BusinessWeek announced new leadership for its international editorial staff as it launched Web sites for Europe and Asia. The changes are the first phase in a rollout later this year of customized Web sites for both regions. In December, BusinessWeek restructured its international operations, which led to a number of layoffs. The restructuring was due […]

Bloomberg increasing presence in Washington

Harry Jaffe, the national editor of the Washingtonian, notes that Bloomberg is expanding its operations in its Washington, D.C., bureau to increase its presence in the political coverage arena. Jaffe writes, “Bloomberg News reporter Michael Forsythe wrote a solid investigative story Friday, pointing out that campaign contributions are pouring in to members of Congress, such […]

Media is confused when covering today's LBOs

Yvette Kantrow, the executive editor of TheDeal.com, has an incisive piece about how the recent spat of leveraged buyouts is being covered in the business media. Her conclusion is that business journalist come off as being confused about what’s going on and seem to have forgotten the lessons learned in the 1980s covering LBOs. Kantrow […]

Is the business press fair game for the SEC?

CNBC commentator Charles Gasparino, who is a former Wall Street Journal reporter, wrote a commentary for Newsweek magazine on the recent actions of the SEC to subpoena business reporters as part of its investigation into an investment firm. Publicly, the SEC has backed off enforcing the subpoenas. Gasparino, however, concludes that is not the case […]

Overstock's Patrick Byrne and financial journalists

The New York Times’ Joe Nocera wrote a column this weekend about the efforts of Overstock.com CEO Patrick Byrne to discredit financial journalists who write negatively about his company or who question the “naked short-selling conspirary” that he has espoused for the past year. Nocera’s column is part of Times Select, so I haven’t posted […]

SEC commissioners not notified of biz writers' subpoenas

SEC Chairman Christopher Cox issued the following statement in response to media reports over the weekend that the agency had “ordered columnists at two Dow Jones publications to provide information about conversations that they had with stock traders and analysts”: “The issuance of a subpoena to a journalist which seeks to compel production of his […]

Update on SEC subpoenas of biz reporters

The New York Times reported today that in addition to Marketwatch columnist Herb Greenberg, the SEC also subpoenaed Dow Jones Newswire reporter Carol Remond as part of its investigation into the practices of short sellers. However, the subpoenas were then withdrawn. Times reporter Stephen Labaton reported, “But after receiving questions from reporters preparing articles on […]

New graduate school at CUNY

Steve Shepard, who is the dean of the new graduate school of journalism at CUNY and the former editor of BusinessWeek, was profiled in the Feb. 17 issue of the Chronicle of Higher Education. The article had these two snippets related to business journalism: 1. “Students pick one of three tracks: health and medicine, business […]