The Financial Follies: It's Raining Yen
The New York Financial Writers Association hosts the “Financial Follies” dinner every year for business journalists and sources to mingle. Marshall Heyman of The Wall Street Journal has some highlights of Friday’s festivities. Heyman writes, “Because it’s a staged show, the Financial Follies has what it calls a book and lyrics committee. Some of the […]
BGov: Your Daily Racing Form for business
Jack Shafer of Slate.com writes Thursday about Bloomberg Government, the news service being launched at the beginning of next year that will cover the intersection between business and government, and likens it to a horse racing tip sheet. Shafer writes, “The burgeoning genre represented by Bloomberg Government exists not because an audience wants to read […]
On the other side of the story
Chip Jones, who was a business reporter for the Richmond Times-Dispatch from 1993 to 2007, writes for the paper about what is was like to see the unemployment story from the other side — as someone in the unemployment line. Jones writes, “During more than two decades as a newspaper reporter, I interviewed dozens of […]
A change in earnings news release distribution
Andrew Ross Sorkin of the New York Times writes Tuesday about how Microsoft and Google are now disseminating their earnings releases on their Web sites instead of issuing them via a press release distribution service. Sorkin writes, “Unfortunately, in practice, the system doesn’t work nearly as well. (I have to admit, I was an early […]
How is Dealbook different from the rest of the NYTimes biz coverage?
Reuters blogger Felix Salmon writes Tuesday about the relaunch of the New York Times business blog Dealbook and has some questions about its operations. Salmon writes, “There’s more going on here than a new silly logo. A lot of open questions remain, and I’m holding out a smidgen of hope that if I pose them […]
Detroit personal finance columnist wins award
Brian J. O’Connor, personal finance columnist for The Detroit News, has been named winner of the Christopher J. Welles Memorial Prize at Columbia University. The award goes to an exemplary piece of business journalism produced in the last 12 months by an alumnus of the Knight-Bagehot Fellowship. O’Connor, a Knight-Bagehot Fellow from the class of […]
Columnists who don’t understand private equity
Yvette Kantrow, executive editor of The Deal, riffs Tuesday on Time columnist Joe Klein and New Yorker columnist Malcolm Gladwell for blaming many of the country’s ills on private equity. Kantrow writes, “That world, in case you’re wondering, is ‘a particularly shady and opaque precinct of Wall Street where gazillions have been made through leveraged […]
Focus on continuing operations when it comes to P&G's earnings
TheStreet.com media critic Marek Fuchs complains that too many business journalists didn’t focus on Proctor & Gamble’s earnings from continuing operations when writing about its recent earnings.
What the NYT's Morgenson excels at
Justin Fox, the editorial director of the Harvard Business Review Group, isn’t enamored with the prose of business journalist Gretchen Morgenson of The New York Times, but her stories do stand out for another reason. Fox writes, “The anger comes about because Morgenson so often gets basic facts wrong, seemingly misunderstands the businesses she covers, […]
Airline industry coverage is too simplistic
TheStreet.com media critic Marek Fuchs doesn’t like how the business media covers the airline companies, calling much of the coverage simplistic.