A review of the 2012 Financial Follies
The society correspondent for Talking Biz News once again attended the Financial Follies, hosted by the New York Financial Writers’ Association, and filed this report: Thank god 2012 was an election year. And the year of the biggest storm to hit New York City in a really, really, really long time. For once, the Financial […]
Google could hurt small online sites
The Federal Trade Commission is still looking for charges that will stick to Google, according to Quartz. But Sunday’s New York Times had an interesting story pointing out the problems businesses can face when Google changes its search algorithm or traffic funneled from the search engine drops. The story profiles online retailer Nextag, which earlier […]
How Lance Armstrong coverage compares to the biz media
Eric Laursen writes Wednesday for The Huffington Post about how the sports media’s lack of critical coverage of Lance Armstrong until recently compares with the business media’s coverage of the economic crisis of the past five years. Laursen writes, “In a not dissimilar manner did the business press tout the story of the ‘new economy’ […]
The business of politics
With the economy the central issue in this year’s election, it’s not surprising that many companies have been mentioned by name on the campaign trail and in ads. But none have actually had to set the record straight themselves, until now. Chrysler, which received government support and money to get through bankruptcy during the financial […]
Charities and the power of brands
Lance Armstrong’s decision to step down as chairman of his cancer-fighting Livestrong foundation in the wake of doping allegations isn’t just a blow to the man himself; it’s a blow to an organization with a beneficial mission and a powerful brand. From Juliet Macur’s story in the New York Times: “I have had the great […]
What is Jack Welch not telling us?
Jack Welch, the storied former CEO of General Electric, went out on a limb last week and insinuated that the Obama Administration somehow manipulated the U.S. employment data for his political benefit. He wrote a tweet to that effect and then on Wednesday wrote an op-ed in the Wall Street Journal, defending the “stink” he […]
Cooking the books?
Last week’s drop in the unemployment rate to 7.8 percent from 8.1 percent seemed like good news no matter which side of the political spectrum you’re on. Or was it? Several influential business leaders – think Jack Welch – and financial blogs accused the government of changing the numbers to benefit President Obama. Many in […]
Advertising Week! Cats and dogs living together!
It’s Advertising Week 2012! Ok, so no one’s actually jumping out of a chair to run to New York, but Tanzina Vega and Stuart Elliot do have an interesting story in the New York Times about the five-day event. As the world relies more on digital, companies are trying to figure out the best way […]
Payroll tax cuts likely to expire
With the looming fiscal cliff, not a lot of news organizations have been paying attention to the payroll tax cuts, set to expire at the end of the year. The New York Times’ Annie Lowrey wrote Monday that no matter who wins the election in November, it’s unlikely this particular tax cut will survive. That […]
Fed government lax in responding to Bloomberg’s FOI requests
A Bloomberg View editorial laments how the federal government has been slow to respond to Freedom of Information Act requests for cabinet-related travel. The editorial states, “In June, Bloomberg reporters filed Freedom of Information Act requests with 57 federal agencies. The reporters sought data in a narrow (and not particularly complicated) area: taxpayer- supported travel […]
