CNBC's Kate Kelly performs basic journalism and pisses off investors
CNBC reporter Kate Kelly is a former Wall Street Journal reporter, so we can assume she knows how to report a story. Earlier this week, she did just that, reporting the names of investors who met secretly in Manhattan to plan their strategy to sell their bad mortgages back to the banks. How she got […]
The power of biz journalism: Maine police drop guns after CNBC story
Here is the power of a good business journalism story: David Hench of the Portland Press Herald in Maine reports Thursday that the city’s police department has stopped using a Remington rifle after a CNBC story called its effectiveness into question. Hench writes, “A program on CNBC last week highlighted several reports that Remington 700 […]
CNBC guest tells viewers he'll be on Fox Business Network
CNBC and Fox Business Network don’t like each other. So it’s more than a little funny that investment banker Ken Langone, who funded the creation of Home Depot, pumped his appearance on Fox Business Network next week during a guest spot on CNBC today. Alex Weprin of TVNewser.com has the transcript here. But you can […]
Rose to anchor Bloomberg TV's election-night coverage
Joe Pompeo of The Business Insider has the details on what CNBC and Bloomberg Television will be doing on election night. Pompeo writes, “CNBC’s coverage will be helmed by Maria Bartiromo and Carl Quintanilla from 7-11 p.m., followed by Tyler Mathisen and Amanda Drury from 11-midnight. “Bloomberg, meanwhile, has lined up Charlie Rose, who will […]
Bloomberg's opposition to Comcast-NBC deal
Cecilia Kang of The Washington Post writes about how Bloomberg LP has been the most vocal opponent of Comcast’s proposed deal to acquire NBC, the parent of business news network CNBC. Kang writes, “Specifically, Bloomberg is concerned that a merger of the cable and media giants could relegate rivals — such as the Bloomberg TV […]
Business journalism for young reporters
TALKING BIZ NEWS EXCLUSIVE A panel of young business reporters encouraged college students Friday to learn as much as they can about business to make themselves better equipped to handle business and economics stories. “It’s about being a learner,” said Julia LaRoche, who works for CNBC.com. “I feel like I learn something new every day.” […]
CNBC launches new technology for watching markets
Business news network CNBC launched Monday a data wall called the Real Time Exchange that allows it to provide market data to readers. For example, a S&P 500 Market Heat Map gives traders a real-time look at the state of the stock market, highlighting individual stocks and sectors through a dynamic ranking of winners and […]
Kneale leaving CNBC for Fox Business
Alex Weprin of TVNewser.com reports Friday afternoon that CNBC‘s Dennis Kneale is expected to leave the business network for competitor Fox Business Network, where he will cover media and advertising. Weprin writes, “We have calls out to Fox Business, and will update when we hear back. “Kneale’s departure is not a surprise. His on-air role […]
Bloomberg TV wants in CNBC’s neighborhood
Bloomberg LP said Wednesday in a meeting with a Federal Communications Commission staff member that its cable financial news network should be housed in the same tier and channel neighborhood as CNBC in the event that Comcast and NBCU are allowed to merge. A story on Radio Business Report/Television Business Report states, “The meeting was […]
CNBC's Hoffman and the crown prince of Bahrain
His Royal Highness Prince Salman bin Hamad Al Khalifa of Bahrain received CNBC president Mark Hoffman in the presence of the Information Affairs Authority president Shaikh Fawaz bin Mohammed Al Khalifa on Wednesday. According to the Bahrain News Agency, “During the meeting, HRH Crown Prince welcomed the start of CNBC’s broadcasting from Bahrain, describing the […]
