CNBC/Financial Times makes a lot of sense
Phil Rosenthal of The Chicago Times writes Friday that in the wake of the decision by their parent companies not to make a bid for Dow Jones & Co., the parent of The Wall Street Journal, having CNBC and The Financial Times work together makes a lot of sense. Rosenthal wrote, “Pearson’s Financial Times division […]
Bartiromo takes off her journalism hat again, this time on the air
CNBC anchor Maria Bartiromo took off her “journalism hat” once again this week when discussing hedge fund Blackstone and CEO Stephen Schwarzman, but this time she did it on the air Thursday afternoon when discussing the attempt by Rep. Henry Waxman to have the company’s initial public offering delayed. For some background, remember that Bartiromo […]
Pearson and GE decide against Dow Jones bid
General Electric Co., the parent of business news cable channel CNBC, said Thursday that it would not pursue a bid for Dow Jones & Co., the parent of The Wall Street Journal, with Pearson Plc, the parent of The Financial Times, according to a story on the Journal’s web site. In a statement, GE and […]
Decision is "trash or slash," say Dow Jones workers
Richard Perez-Pena of The New York Times writes for Thursday’s paper that for many Wall Street Journal journalists, the decision between whether its parent company Dow Jones & Co. is sold to News Corp. CEO Rupert Murdoch or a joint bid by CNBC parent General Electric Co. and Financial Times parent Pearson comes down to […]
What access gets a biz journalist: Sources to start a hedge fund
For former CNBC anchor Ron Insana, who still appears from time to time on the business news cable network as a senior analyst, access to Wall Street heavyweights is allowing him to launch his own hedge fund, writes Wall Street Journal reporter Dennis Berman. Berman, writing on the Deal Journal, blog, noted that Insana’s fund […]
Waitress appears to be winner of CNBC stock contest
Tim Catts of BusinessWeek writes that an Ohio waitress named Mary Sue Williams appears to be the likely winner of the scandal-plagued CNBC stock picking contest that drew hundreds of thousands to its web site but likely tainted its image. Catts wrote, “According to the last official standings, posted on May 25, she was in […]
Taking a look at "American Greed"
Robert Feder of the Chicago Sun-Times takes a look at “American Greed: Scams, Scoundrels and Scamdals,” a new CNBC show the premieres on Thursday. Feder wrote, “Narrated by actor Stacy Keach (owing to Kurtis’ commitments to rival A&E), the series takes the familiar form of documentary-style recreations of crimes and interviews with key players. “But […]
When Bartiromo introduces billionaire, she's "not a journalist"
When Blackstone CEO Stephen Schwarzman — who has been in the news a lot lately due to his pay and his firm’s IPO — was introduced at a fundraising dinner Monday night at the New York Public Library, CNBC anchor Maria Bartiromo did the honor, according to Wall Street Journal reporter Dennis Berman, writing on the paper’s Deal […]
Dow Jones could do worse than Rupert Murdoch
Variety columnist Brian Lowry writes Tuesday that Dow Jones & Co., the parent of The Wall Street Journal, could do worse than being sold to News Corp. CEO Rupert Murdoch, who has offered $5 billion for the company. Lowry wrote, “Whatever Fox News Channel and the New York Post’s excesses under Murdoch’s stewardship, GE and […]
Bancrofts would ask for same safeguards with GE/Pearson offer
Aaron Patrick and Sarah Ellison of The Wall Street Journal write for Tuesday’s paper that the Bancroft family that controls Dow Jones & Co. would ask for similar editorial safeguards for the Journal from GE and Pearson that they have asked for from News Corp. CEO Rupert Murdoch should they combine to make a bid […]
