A tribute to Rukeyser
Marshall Loeb, the former managing editor of Fortune and Money magazines who now writes a column for MarketWatch, lauded former Wall Street Week founder Louis Rukeyser, who died earlier this week. Loeb wrote, “When Louis Rukeyser entered the world of TV business journalism in 1970, it was Ptolemaic. When he left us this week, it […]
Toronto Star columnist: Enron's Lay right to blame media
Toronto Star business columnist David Olive writes in Wednesday’s newspaper that former Enron CEO Kenneth Lay, currently on trial in Houston, has been correct in his testimony in blaming the media for the company’s downfall. Lay has blamed The Wall Street Journal, in particular, for being on a witch hunt to bring the company down. […]
News of the wierd: Business journalism edition
Can you imagine if this happened in the United States? A business reporter for the state-run newspaper The Herald in Zimbabwe has been suspended from his job arriving late for the opening of Tobacco Action Floors last week, which resulted in the paper failing to carry speeches by Reserve Bank governor Gideon Gono and Agriculture […]
More on Cox talk at SABEW
SEC Commissioner Christopher Cox chose his speech to the Society of American Business Editors and Writers to disclose that the regulatory agency was thinking about requiring companies to disclose more tax information, according to an Associated Press report. According to an article written by AP reporter Joshua Freed, “SEC Chairman Christopher Cox said he discussed […]
Herb asks, and SEC chairman Cox answers
At the SABEW conference in Minneapolis on Monday, SEC Chairman Christopher Cox spoke about regulation and about the agency’s new rules regarding subpoenas of business journalists as part of investigations. MarketWatch columnist Herb Greenberg, who was one of the journalists subpoenaed by the agency, asked Cox the first question after his speech. According to the […]
Anti-naked short faction attacking biz journalists
The Sanity Check web site, which is one of the vehicles used by the anti-naked short selling campaign, is posting Monday comments made at a panel at the SABEW conference in Minneapolis-St. Paul on Sunday. Business editor Dan Colarusso from the New York Post is quoted as saying at a panel on the battle between […]
AFX for sale; is Dow Jones a buyer?
Agence France-Presse is apparently considering selling its AFX business news wire service, and Dow Jones and Xinhua News Agency might be bidding, according to an article on TheBusinessOnline.com. Reporter Adam Durschlag writes, “Last week, Thomson Corporation, the Canada-based electronic publishing company, was understood to have approached Agence France-Presse (AFP), the world’s oldest news agency, about […]
Patriot-News considers cutting stock listings, expanding biz coverage
The Harrisburg Patriot-News in Pennsylvania is considering cutting its stock listings from three pages a day to one, but editor Tom Barstow says the space will be used to provide more business news to its readers. Barstow writes, “To me, it’s a hands-down decision. Why publish two pages of stocks that few people might need […]
TheStreet.com reports higher profits
Missed this one on Tuesday, as I was traveling, but TheStreet.com reported good first quarter earnings, including a profit, after reporting a loss in the first quarter of 2005. The improvement was partially based on higher revenue from subscriptions. The business news Web site said in its press release: — Net income for the quarter […]
LA Times biz columnist suspended, reassigned
Los Angeles Times business columnist Michael Hiltzik’s Golden State column has been canceled, and Hiltzik will serve a suspension and then be reassigned to another position at the paper, according to an Editor’s Note on Saturday, in the wake of a disclosure that he posted comments, some using a pseudonym, on other blogs. An investigation […]
