The future of financial journalism
Elliot Turner of Wall St. Cheat Sheet interviewed Justin Fox, the editorial director of the Harvard Business Review, about business journalism and its future. Here is an excerpt: Elliot: As one with a background in both finance and journalism, and someone who has been active in the blogosphere, what do you think about the future […]
Biz journalism funded by shorting no worse than other types
Felix Salmon of Reuters blogs about the recent American Journalism Review article questioning the ethics of business journalism funded by shortselling. Salmon writes, “The fact is that shorts, much more than longs, have every incentive to be absolutely certain of their thesis before putting on their trade — especially if it’s based on fraud at […]
Business journalism, circa 1955
Yvette Kantrow, the executive editor of The Deal, writes Thursday about what it’s like to pick up a copy of Fortune magazine from 1955 and see how business journalism can still be excellent in telling a good story — and still, unfortunately, bury a lead. Kantrow writes, “But nestled among the cheeky clairvoyance is a […]
What more can a biz reporter want?
TALKING BIZ NEWS EXCLUSIVE Susanne Craig, whose last day at The Wall Street Journal is Tuesday as she will begin working for the New York Times next week, sent a poignant farewell message to her colleagues on Tuesday afternoon. She wrote: “When I landed at The Wall Street Journal I had coffee with then Deputy […]
The job of economics writers??
Ryan Avent, who writes the “Free Exchange” blog for The Economist, has a commentary Monday where he ends with a statement about the role of economics writers. Avent writes, “There is a growing sense of despair among some economic writers that policymakers will not do much more to bolster the flagging global recovery. And critics […]
“Death of Equities II” from the NY Times
Howard Gold, executive editor of MoneyShow.com, believes that business journalism has just experienced a seminal moment — the repeat of BusinessWeek‘s infamous “Death of Equities” cover from 1979 that was spectacularly wrong about the future of the stock market, which rose dramatically in the next two decades. Gold writes, “Well, last Sunday, The New York […]
Good disclosure of conflicts in Washington Post stories
Andrew Alexander, the ombudsman at the Washington Post, thinks the paper has done a good job of disclosing its conflicts, such as its parent company’s ownership of Kaplan, in its news coverage. Alexander writes, “An example was the lead story in Thursday’s paper about plans for a public stock offering by General Motors. It noted […]
A different audience for business coverage
Marketwatch.com media columnist Jon Friedman writes Monday about an interview he had with CBS business correspondent Anthony Mason,, who notes that the network’s business coverage aims for a different audience than those watching CNBC and Fox Business. Friedman writes, “While the competitors have their strengths, Mason believes that CBS is not at a disadvantage in […]
Business journalism's image problem
Chrystia Freeland, the global editor at large for Reuters and a former top editor at the Financial Times, writes Saturday in the New York Times about what she sees as the problem in business journalism. Freeland writes, “Lewis is ‘eternally grateful’ to his subjects for their cooperation. Sorkin, a reporter and columnist for The New […]
Explaining why Treasury briefings are off the record
Reuters blogger Felix Salmon writes Friday about the off-the-record sessions that the Treasury holds with business journalists. Salmon writes, “Putting the whole conversation on background makes it almost impossible to turn the briefing itself into a news event, and that in turn allows officials to speak without worry that their words will end up being […]