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 […]
A parting shot from outgoing Chief Executive editor
William Holstein, in what might be his final column as editor of Chief Executive magazine, lamented the declining quality in business journalism. He blamed it on publications that are cutting back in their networks of correspondents and reporters, and in wanting to bring in some fresh blood, i.e. young reporters. Holstein writes, “Fortune magazine now […]
Washington Post personal finance columnist to take buyout
Washington Post personal finance columnist Albert Crenshaw, who writes the Cash Flow column for the paper and is one of the best-known personal finance writers in the country, is expected to take a buy-out offer from the paper and retire later this year. Crenshaw, who is famous for his knowledge of the country’s tax laws […]
Network news spins gas price increases
The Media Research Center is accusing the network news shows of spinning the story of higher gas prices, framing it as a profit gouging story against the big oil companies. In one case, the reporting by the networks contradicted themselves. The MRC writes, “The broadcast network evening shows delivered a variety of spins Tuesday night […]
Realtors start blog, blame media coverage
Orange County Register columnist Jon Lansner, who is also SABEW’s president, notes in his blog that the National Association of Realtors has started a blog to address what it believes is unfair coverage in the media. Lansner writes, “Here’s their premise, it’s all the media’s fault: ‘News coverage shapes perceptions of people, organizations and entire […]
LA Times' biz columnist did a "dumb thing"
The anonymous postings on blogs by Los Angeles Times business columnist Michael Hiltzik was called a “dumb thing to do” in the New York Times today by John Robinson, the editor of the Greensboro News & Record, whose paper is one of the leaders in using blogs to communicate with readers. Hiltzik’s Golden State blog […]
Newsroom confidential interviews Fortune editor Cait Murphy
Cait Murphy is the editor at Fortune who oversees the compilation of the Fortune 500 list. On Sunday, she was interviewed by the Newsroom Confidential web site discussing how the list is put together and what her role is the editing process. In the interview, Murphy dscribes herself as an “intermediary” between the researchers who […]
Virginian-Pilot all over Ford plant closing story
Public editor Marvin Lake notes in a Sunday column that the Virginian-Pilot’s coverage of the announced closing of a Ford plant in its circulation area was strong on April 14. Still, business editor Bill Choyke questioned whether the paper could have gotten the story before it was officially announced. Lake writes, “The newsroom leaders and […]
The power of the Wall Street Journal's front page
TheDeal.com executive editor Yvette Kantrow weighed on on a Wall Street Journal story on Monday about a pending deal that Bear Stearns supposedly has in China. Kantrow notes that the story was being questioned later in the day by a Reuters report, but that many other media outlets accepted the story as the truth even […]
