Putting together business news show on TV like running marathon
Peter Schacknow, the senior producer on CNBC‘s breaking news desk, writes that putting together a business news show for TV when a lot of news is breaking is like running a marathon. Schacknow wrote, “When BNP Paribas suspended redemptions from two funds and global markets plunged as a result, we pretty much knew the show, […]
Animal lovers upset with Bartiromo
Richard Johnson of The New York Post writes that People for the Ethical Treatment of Animals is upset with CNBC anchor Maria Bartiromo about her wearing a fur coat and gushing about its fox fur. Johnson wrote, “In More magazine’s September feature on fashionable female movers and shakers over 40, CNBC’s ‘Money Honey’ is seen […]
Murdoch not worried about overcoming CNBC hurdle
News Corp. CEO Rupert Murdoch said on a conference call late Tuesday that he’s not worried about overcoming the hurdle posed by business news cable network CNBC, which has a contract with the Wall Street Journal to provide content until 2012. Murdoch has agreed to buy the Journal, and he would like to use its […]
Murdoch says no plans to cut WSJ workforce
News Corp. CEO Rupert Murdoch stated on an earnings conference call Tuesday that there are no plans to cut the Wall Street Journal workforce after he completes his acquisition of its parent company, Dow Jones & Co. Gillian Wee of Bloomberg wrote, “Murdoch said on the call today that the company plans to expand the […]
CNBC hires Nesto from Bloomberg TV
CNBC says that it has hired Matt Nesto, who has been an anchor on Bloomberg Television’s “Morning Call,” to be a general assignment reporter. “With his in-depth domestic and international reporting experience, Matt brings CNBC a fresh global perspective on business news,” said Jonathan Wald, senior vice president of business news at CNBC, in a […]
Jim Cramer goes nuts on CNBC
Barry Ritholtz writes on his The Big Picture blog that “Mad Money” host Jim Cramer went nuts — even more so than usual — during an interview with Erin Burnett on CNBC on Friday. Ritholtz wrote, “It is destined to become a classic Wall Street legend. I expect it will become required viewing for market […]
CNBC faces formidable competitor with Fox Biz Network
Meg James of The Los Angeles Times writes Thursday that CNBC will face formidable competition from the upcoming Fox Business Network, which will launch Oct. 15. She wrote, “Wealthy viewers have allowed CNBC to charge advertising rates that are, in some cases, more than double its cable news channel counterparts, including CNN and Fox News […]
CNBC ad campaign to feature executives who are watchers
Louise Story of The New York Times writes Thursday that the new CNBC advertising campaign will display prominent executives such as Herb Kelleher of Southwest Airlines who watch the network. She wrote, “The campaign was in the works before CNBC knew about Mr. Murdoch’s plan to create a business network on cable, said Mark Hoffman, […]
Business journalism is now "sexy"
David Lieberman of USA Today writes that the deal to sell The Wall Street Journal, the deal to combine Reuters with Thomson and the launch of Conde Nast Portfolio, among other moves, signals business journalism’s importance in today’s society. Lieberman wrote, “So, why is business news a hot business? “It’s certainly easier to attract big […]
Remembering Chet Currier
Peter Schacknow of CNBC writes about his remembrances of former AP and Bloomberg reporter and columnist Chet Currier, who died earlier this week. Schacknow wrote, “I had the privilege of working with Chet for 7-1/2 years at Bloomberg News, and read his investment columns for years before that, when he worked for the Associated Press. […]
