The semi-arbitrary need to match stock market moves with reasons
Matthew Yglesias, the Slate business and economics correspondent, writes about how business journalists scramble to find reasons for why markets move. Yglesias writes, “One of my absolutely favorite things about financial journalism is the need to semi-arbitrarily match news events to market fluctuations. The way this works is that every day equity markets are either […]
Stop the CEO porn about Buffett
Gary Weiss writes for TheStreet.com about how the business news media is too fawning in its coverage of Berkshire Hathaway CEO Warren Buffett. Weiss writes, “Welcome to CEO porn season, Berkshire Hathaway edition. ‘CEO porn’ is inside-baseball journalism terminology that I would define as ‘overemphasis on the (ghost-written) writings and overhyped achievements of chief executive […]
A biz columnist bids farewell
Jay Hancock, the business columnist of the Baltimore Sun, says goodbye to his readers on Friday by examining what a business columnist should do for his readers. Hancock writes, “Business columnists, if they are honest and faithful, mark their beliefs against reality every few months, if only to themselves. When they stop writing a semi-weekly […]
Tech news blogs and their conflicts
Michael Hiltzik of the Los Angeles Times takes a look at the increasing conflict that exists among many tech news bloggers in Silicon Valley — they’re writing about companies and investors in which they have a vested interest. Hiltzik writes, “The basic question is: Should you trust what you read in some of these blogs? […]
Note to biz reporters: Stop trying to kill off Wall Street
Yvette Kantrow, the executive editor of The Deal, writes about how the media often tries to kill off Wall Street, with a recent cover story in New York magazine being the latest example of a story that just won’t die. Kantrow writes, “Every few years, when the economic cycle turns, the media serves up stories […]
Is the latest Businessweek cover smart of sophomoric?
Former BusinessWeek chief of correspondents Joe Weber, now a University of Nebraska journalism professor, writes about the latest cover of Bloomberg Businessweek, which features two airplanes apparently fornicating, by asking his students what they thought about it. Weber writes, “Another concurred, adding a thought about the cover language. ‘If the title was about a merger, […]
Is Suze Orman a journalist?
Bloomberg View columnist Susan Antilla writes about personal finance guru Suze Orman and her new debit card that she has introduced and explores the question as to whether she is a journalist. Antilla writes, “Orman goes to pains in her disclosure to say she isn’t an investment adviser. O magazine calls her a ‘contributing editor,’ […]
Jack and Suzy Welch to write column for Reuters, Fortune
Jack and Suzy Welch, who previously wrote a management column for BusinessWeek, will now write a column for Reuters. Jack Welch is the former CEO of General Electric, and Suzy Welch is the former editor of the Harvard Business Review. At Reuters, they will be reunited with editor in chief Stephen Adler, who ran BusinessWeek […]
Some biz media ignored Citigroup’s weak December
TheStreet.com media critic Marek Fuchs takes the business press to task for ignoring Citigroup’s weak December when it reported its quarterly results earlier this week. Fuchs writes, “Too often, the business media focuses on the bare essentials: earnings versus expectations. And, sure, all the business media told you that Citigroup disappointed. In fact, they had […]
Why the decline of business journalism isn’t accurate
Robert Teitelman, the editor of The Deal, writes in response to Dean Starkman‘s latest piece in Columbia Journalism Review on the decline of business journalism about why the argument falls flat, particularly because the average consumer has become an investor. Teitelman writes, “Starkman manages to write this entire essay, citing Joe Nocera’s book on the […]
