Business media creating frenzy
Roger Ehrenberg, a managing partner for Information Arbitrage Ventures, writes that the business media often create a frenzy in the markets by reporting noise that really isn’t news. Ehrenberg writes, “I have historically thought of the media complex as being designed to report news and break stories, with an emphasis on information dissemination and analysis. […]
The problem with financial journalism
Brian Bloch of Investopedia writes for the San Francisco Chronicle about what’s wrong with financial journalism today. Bloch writes, “Preaching to the converted — this ancient idiom captures an extremely prevalent and profound truth. It refers to giving a moral sermon to those who are already in the church, and thus presumably already following the […]
CES is waste for tech reporters
Farhod Manjoo writes on Slate.com about how useless the Consumer Electronics Show going on this week in Las Vegas is for most tech journalists. Manjoo writes, “The fact that CES is an enormous waste of time isn’t news to tech journalists. In private, gadget reporters will tell you that covering the show is a tremendous […]
Does new top editor in Cincinnati bode ill for daily's biz coverage?
Kevin Osborne, the news editor of Cincinnati CityBeat, writes about the ramifications of the hiring of Carolyn Washburn, formerly the editor of the Idaho Statesman, to be the editor of the Cincinnati Enquirer does not result in any confidence for the future of its business coverage. Osborne writes that during her tenure, “The Statesman was […]
$13 a word pay from Bloomberg News
Kevin Drum of Mother Jones notes that Gene Sperling, an economist who is up to replace Larry Summers as head of the National Economic Council, has been paid $137,500 a year to write a 900-word monthly column for Bloomberg News. The disclosure of his pay was first made by Felix Salmon of Reuters, but Drum […]
Salt Lake paper remains committed to biz coverage
Lisa Carricaburu, the assistant managing editor for business, projects and planning at the Salt Lake Tribune, writes about how the paper has maintained its business coverage when others have cut back. Carricaburu writes, “They are why The Tribune — unlike many daily newspapers including our closest competitors — have elected to maintain a robust business […]
What exactly does that mean, Mr. Chairman?
Allen Wastler, the managing editor of CNBC.com, writes about the potential for press conferences at the Federal Reserve Board, which has not been holding such events. Wastler writes, “It’s a notion of particular interest to business journalists, since we’re covering the institution all the time. The central bank is typically aloof and guarded in its […]
Forbes wants to resell content it got for free
Erik Sherman of BNET reports that Forbes.com is taking free content from bloggers and wants to resell it in other formats. Sherman writes, “In other words, Forbes can take any free blog material and use it in any of its magazines or give permission to any other publisher that has licensed the Forbes name. It […]
Strong coverage of Sears deal
TheStreet.com media critic Marek Fuchs likes the coverage in The New York Times about the Sears deal with Kmart, five years later.
Insurance PR spin and its effects
Gary Weiss of Portfolio.com writes about former CIGNA PR exec Wendell Potter’s book “Deadly Spin,” which details how the insurance industry used public relations to get what it wanted. Weiss writes, “But who is to blame for that? At bottom, it’s my colleagues in the media. It’s our job to distinguish between front groups and […]
