One golden joke made this year’s Financial Follies

TALKING BIZ NEWS EXCLUSIVE Another Talking Biz News society correspondent has provided this take on the 69th annual Financial Follies, hosted Friday night by the New York Financial Writers’ Association at the Marriott Marquis: There was one punch line — one wonderful punch line — from the Follies that made it all worth it. And […]

A review of the 69th annual Financial Follies

TALKING BIZ NEWS EXCLUSIVE The Financial Follies, organized by the New York Financial Writers’ Association, was held for the 69th time on Friday at the New York Marriott Marquis Hotel. A Talking Biz News society correspondent filed this report of the festivities: If the the absurdity of a given year’s news events could be measured […]

Orlando biz columnist to become local columnist

Beth Kassab, the Orlando Sentinel business columnist, is becoming the paper’s local columnist. Kassab become the Sentinel’s business columnist in July 2007 after the sudden death of her predecessor, Susan Strother Clarke. It’s unclear who will replace her. Her column focused on sectors important to Central Florida such as real estate, tourism, retail and that […]

Business journalism is an adversarial role

Brian James Kirk of Technically Philly profiles Philadelphia Inquirer business columnist Joe DiStefano about his job and how he covers technology. Kirk writes, “With the pressure of updating a daily news blog in addition to his regular column in the Philadelphia Inquirer, columnist Joseph N. DiStefano says that the biggest change over the last few […]

The problem with obsessing about scoops

Eric Jackson of Forbes.com writes Friday about how business journalists spend too much time chasing after scoops. Jackson writes, “What also annoys me about journalists — and we’ve seen this in spades through this Yahoo! drama over the past 2 months — is that they seem obsessed with ‘scoops.’  There seems to be no higher […]

Where do we go from here?

Mark Gay of the Moscow News writes Friday about how financial journalism needs to be covered more widely and by more journalists. Gay writes, “As CNBC’s first bonds analyst, I stood on the trading floor of a derivatives exchange, explaining how low interest rates were creating ‘irrational exuberance,’ in Alan Greenspan’s words. “For a brief […]

The Bloomberg column proliferation

Bloomberg News is known for its daily coverage of business news. But it’s been expanding its reach into daily columns about business and financial news topics as well. There are now daily columns for auto, bankruptcy, tech, commodities, mergers and acquisitions, corporate finance, freight, options and the credit of virtually every major country in the […]

Persistant problems with Yahoo coverage

Eric Jackson, a senior contributor to TheStreet.com, writes Wednesday about how a lot of the recent business news coverage of Yahoo has been off the mark. Jackson writes, “There were five things that were reported on with certainty last month that were not necessarily certain at all. “1. A couple of weeks ago, many media […]

Reuters’ parent earnings beat estimates

Thomson Reuters, the parent company of the Reuters news service, reported a higher-than-expected 10 percent rise in third-quarter profit as strength in its professional division offset weakness in its markets business. Jennifer Saba of Reuters writes, “The company said in September that it would merge its Professional division, serving mainly lawyers and accountants, with its […]

Utah biz media ignoring Overstock’s issues

Financial journalist Gary Weiss writes that the business media in Utah are ignoring the financial problems of Overstock.com, which is about to default on its loan covenants. Weiss writes, “One thing I find especially interesting is the utter indifference to all this by the local Utah newspapers, especially the Salt Lake Tribune and Deseret News […]