Media going overboard with Toyota
Steve Kerch, the assistant managing editor of Marketwatch.com, writes that the media coverage of Toyota’s safety issues has gotten to be too much, with the latest example being the Prius in California with the stuck gas pedal. Kerch writes, “Yes, there have been several systemic problems with Toyota Motor Corp. cars of late. And we […]
Treasury going on background is useful
Blogger Felix Salmon of Reuters argues that the Treasury Department briefing held earlier this week with bloggers was helpful to understand their objectives despite the objections of some bloggers that the event was held on background. Salmon writes, “Of course, you can’t put Sperling et al on the record and then have just Geithner being […]
Blog competition making the financial press worse
Joe Weisenthal of The Business Insider writes Monday that the recent gaffes at The New York Times business desk — including problems with Gretchen Morgenson‘s story this weekend about swaps — and The Wall Street Journal‘s hyperbolic hedge fund conspiracy story are the result of them trying to compete with financial blogs. Weisenthal writes, “Now […]
More on NYT plagiarism case
Paul Smalera of True/Slant writes Monday about what he thinks went wrong in the plagiarism case involving New York Times business reporter Zachery Kouwe. Smalera writes, “Some, including Craig Silverman make the case (or at least supply the facts for others to make) that plagiarism detection software might be a good thing for newsrooms to […]
Parsing executive departures
Mike Hoban, a Fast Company magazine blogger, has some great definitions that help explain what a company is saying when it parts ways with one of its executives, such as “leaving the company to pursue other interests.” Here are some examples: “Mr. Jones resigned under pressure.” What it really means: “We would have fired the […]
Fortune's downfall and its redesign
Marion Maneker of The Big Money writes Thursday that he doesn’t think that a redesign of Fortune magazine is going to help the business glossy. Maneker writes, “I might even go out and buy the magazine next week just to get it. But if Patricia Sellers doesn’t deliver, I can’t see much else in the […]
The significance of separate biz sections
Hal Morris, writing on his GrumpyEditor.com blog, notes the significance of standalone business sections at daily newspapers. Morris writes, “Editors are finding that readers prefer a separate business section, although most continue to run abbreviated stock lists. “Through all the cutbacks in business news pages, however, most newspaper standalone sports sections — even during a […]
Wasting Charlie's time
Fox Business Network‘s Charles Gasparino attended the “The Great Recession: How Should Journalists Respond” seminar hosted by the Committee of Concerned Journalists, but he came away frustrated by the lack of interest by business journalists in questioning former Treasury secretary Henry Paulsen about what happened. Gasparino writes, “But rather, my esteemed colleagues from the journalism […]
Bloomberg columnist Reilly returns to WSJ "Heard on the Street" team
TALKING BIZ NEWS EXCLUSIVE David Reilly, a columnist at Bloomberg since the beginning of 2009 covering banks, accounting and the financial system, is returning to The Wall Street Journal‘s “Heard on the Street” team, an internal memo issued Tuesday afternoon confirms. In the memo, Thorold Baker, who oversees the 13-person “Heard on the Street” team, […]
Too much Buffett in biz media
Stanley Bing, the Fortune magazine columnist now contributing to TheStreet.com, writes about the oversaturation of billionaire investor Warren Buffett in the business media. Bing writes, “I read about him over the weekend in New York Magazine online, in regards to how funny he was in his rightly heralded annual letter. New York Magazine is a […]
