Ailes: Fox Biz ratings are going up
Merrill Knox of TVNewser.com reports that Fox head Roger Ailes remained bullish about Fox Business Network during an investor presentation. Knox writes, “‘Rupert [Murdoch] and I talked about this in the beginning. We always thought it was somewhat difficult,’ Ailes told Neil Cavuto, who is Fox Business Network’s senior vice president and managing editor. ‘We’re […]
Don’t trust some financial journalists
Investment professional Dan Solin writes for U.S. News & World Report why some financial journalists are not to be trusted. Solin writes, “CNBC is a rich source of useless financial information. Typical is Cramer’s recent endorsement of Facebook. He now believes the stock is a buy because it has entered a ‘virtuous cycle’ […]
CNBC’s “The Profit” has ratings tumble
After a decent premiere a week ago, CNBC’s new weekly primetime business-makeover reality show “The Profit” took a tumble in the ratings Tuesday, reports Rick Kissell of Variety. Kissell writes, “Nielsen estimates that ‘The Profit,’ in which entrepreneur Marcus Lemonis pumps his own cash into a struggling business in a bid to turn it around, […]
CNBC reporter criticized for using “chink” in story about Murdoch divorce
A CNBC reporter is under fire for using the phrase “chink in the armor” during a Tuesday discussion of Wendi Deng’s pending divorce from News Corp. and 21st Century Fox CEO Rupert Murdoch. Joe Strupp of Media Matters for America writes, “The comments by CNBC’s Robert Frank drew a critical response from the Asian American […]
Chu departing Bloomberg TV for CNBC
CNBC senior vice president and business news editor Nik Doegun sent out the following staff hire on Friday: I am pleased to announce that Dominic Chu will be joining CNBC as a markets reporter, effective Monday, August 12. With his background as a Wall Street trader and investor, in addition to his journalism experience, Dominic […]
CNBC adds another reality show
Business news network CNBC announced Saturday that it is adding a reality show about sports betting to its primetime slate. The new show is called “Money Talks,” which takes viewers inside the world of sports betting and Steve Stevens, a well-known handicapper who runs VIP Sports in Las Vegas. The one-hour pilot will premiere Tuesday, […]
Meredith Whitney does not want to be in the biz press
Michael Aneiro of Barron’s writes about how famous Wall Street analyst Meredith Whitney uses the business news media and then says she does not want to be in the press. Aneiro writes, “Bartiromo asked Whitney why she thought she was such a lightning rod for criticism, leading to a softball question about why the Wall […]
AP Europe biz editor leaving for CNBC
Associated Press business editor Hal Ritter sent out the following announcement on Thursday: Europe business editor Phill Tutt is leaving us to join CNBC.com as deputy managing editor, international. He’ll be staying in London and will oversee the website’s coverage of Europe and Asia. Phill joined us while Europe’s debt crisis was raging and oversaw […]
CNBC.com sees strong video growth in June
CNBC.com ranked as the No. 1 non-portal business news site in June in a number of video categories, according to data released by comScore Video. Its total unique video viewers for the month were 2.4 million, up 195 percent from the same month a year ago. Its average daily video viewers for the month were 203,000, […]
CNBC’s Bartiromo looking at other networks
CNBC anchor Maria Bartiromo is exploring moving to another network as her contract expires at the end of this year, reports Claire Atkinson of the New York Post. Atkinson writes, “Bartiromo, 45, whose hustle and knack for landing exclusive interviews with newsmakers hasn’t been able to stem the steady decline in ratings for CNBC overall […]
