Inc. and Fast Company magazines in red ink in 2005
That’s according to an article posted today on the BusinessWeek site by media writer Jon Fine. Here are some snippets: CEO John “Koten’s memo said profitability in 2006 was unlikely, and goals for this year involve halving 2005’s loss and doing that again in 2007. “‘If we can accomplish that…we should have a good shot […]
Labor beat dropped at LA Times
According to this post on Take Back the Times: “Also, we hear that Nancy Cleeland, who shared in a Pulitzer Prize for the series about Wal-Mart, no longer has her labor beat, and the Times will not have a replacement soon, according to Russ Stanton, the section editor. In short, the Times, going back to […]
Jon Friedman's Hot and Not for 2006
Jon Friedman writes the media column for Marketwatch.com. He’s a former Bloomberg and BusinessWeek reporter. His recent column on what’s In and Out for 2006 includes this: Who’s in: Fox Business Channel Who’s out: CNBC It’s not exactly front-page news any more to say that Fox is moving forward with a plan to create a […]
End of the year stock stories
Yes, it is that time of the year again. The end of the year stock story. The Dow Jones Industrial Average ended 2005 down slightly, while the S&P 500 and the NASDAQ were both up slightly. Virtually every business section I’ve looked at online this morning led with this story, and most of the business […]
Circulation problems at Forbes and BusinessWeek
According to a recent report from the Audit Bureau of Circulation, business magazines Forbes and BusinessWeek fell short of their stated circulation promised advertisers. You can read about it in Jon Fine’s On Media blog. To date, the circulation scandals had been primarily confined to daily newspapers, so these revelations are not too good for […]
European and Asian editions of BusinessWeek bite the dust
BusinessWeek, the largest business magazine published in the world, is cutting back. The New York-based magazine, which got a new editor earlier this year, announced that it was cutting its European and Asian editions at the end of the year. It will keep its overseas bureaus, but now the focus will be on providing specialized […]
Another business story busted
I woke up Monday morning to a breathless report on NBC-TV’s “Today” show about Cyber Monday being the biggest online shopping day of the year. Later in the day, I saw other online reports about this shopping event, which equates to Black Friday for the retailers. Here are some of those stories: 1. Reuters story […]
More blogs added
I have added more business news blogs to the blogroll for Talking Biz News. Among the new blogs added are the ones for Fast Company Now, Daniel Gross’ Moneyblog and the Squawk Blog from CNBC. There is also now a link to Deal Flow, a BusinessWeek blog about the world of IPOs and venture capital. […]
Maria's column in BusinessWeek
If you haven’t seen it yet, CNBC’s Maria Bartiromo, who became famous for her reports from the floor of the New York Stock Exchange, now has a twice-weekly column in BusinessWeek. Apparently this does not conflict with her primary employer’s relationship with The Wall Street Journal. The Money Honey’s initial column, which is called “Face […]
Update on Inc. and Fast Company
How are Inc. and Fast Company, the two business magazines that were purchased this summer by Morningstar founder Joe Mansueto, doing? USA Today has an article about what’s been going on since their purchase in this morning’s newspaper. You can read about it here. One interesting thing to note here is that the number of […]
