CNBC and GE's earnings
Peter Lauria of the New York Post catches CNBC with some questionable reporting on parent company General Electric Co.’s earnings and provides advice for any business reporter covering earnings. Lauria writes, “On Friday morning’s ‘Squawk on the Street,’ anchor Bob Pisani said GE was expecting ‘flattish growth’ for 2010. “What? “Unless Pisani was attempting to […]
The struggle to perform quality business journalism about companies
Former New York Post and Fortune business writer Roddy Boyd writes on The Big Money site about his struggles to produce aggressive business journalism about Overstock.com in the wake of its aggressive tactics to counteract his stories. Boyd writes, “Too often, though, critics underestimate the difficulty and the cost of doing aggressive business journalism that […]
New WSJ book is "scrupulously fair"
New York Times business columnist David Carr got a hold of the upcoming book about the sale of The Wall Street Journal from former Journal reporter Sarah Ellison and gave it high marks. The book, titled “War at The Wall Street Journal: Inside the Struggle to Control an American Business Empire,” is scheduled to be […]
Fed asks court to block release of documents to Bloomberg
The Federal Reserve asked a U.S. appeals court to block a ruling that for the first time would force the central bank to reveal the identities of financial firms that might have collapsed without the government bailout, report David Glovin and Thom Weidlich of Bloomberg News. Bloomberg News filed a lawsuit against the Fed in […]
Toronto paper overhauls biz coverage to focus more on small/medium biz
The Toronto Globe and Mail announced Monday that it was revamping its business coverage and its monthly business magazine to focus more on news and issues pertaining to small- and medium-sized businesses. Starting Monday, a new web hub launched at www.globeandmail.com using the Your Business brand banner. As of the March issue, Report on (Small) […]
How Apple controls the biz media
John Martellaro, a former Apple senior marketing manager, writes on the Mac Observer site about how the company uses the business media for its own gains. Martellaro writes, “The way it works is that a senior exec will come in and say, ‘We need to release this specific information. John, do you have a trusted […]
Trade group pulls advertising from USA Today after critical story
The National Business Aviation Association has pulled its advertising from USA Today after the paper published a story, written by Thomas Frank, that stated that more than half of federal grants to U.S. airports since 1998 went to projects that the FAA characterized as low priority. Dennis Schaal of Tnooz writes, Dan Hubbard, a spokesman […]
Skip the first 12 minutes of Bartiromo's special on Google, watch the rest
Neil Genzlinger of The New York Times critiques the CNBC special on Google, which will air for the first time Thursday night, noting that the reporting by anchor Maria Bartiromo is soft during the first 12 minutes before she turns into a “real journalist.” Genzlinger writes, “If you were to watch the insufferably cloying first […]
Atlanta paper hires new Coke reporter
Jeremiah McWilliams, a business reporter at the St. Louis Post-Dispatch, has been hired by the Atlanta Journal-Constitution to cover Coca-Cola and restaurant companies. He replaces Joe Guy Collier, who left the paper to move to Michigan. McWilliams, who covered Anheuser-Busch in St. Louis, writes on the Post-Dispatch’s Lager Heads blog, “In my new position, I […]
When store managers won't talk on Black Friday
Tom Jackson of the Sandusky Register in Ohio writes about some of the issues facing business reporters in covering Black Friday. Jackson writes, “The task involved talking to store managers, asking hard-hitting investigative journalism questions such as ‘Are you offering special bargains?’ and ‘When are you opening Friday?’ “Many stores seemed fine with the free […]
