Newsday biz desk yelled at for covering Dolans like a news story
John Koblin of the New York Observer reports that Newsday business desk staffers have been yelled at by a representative of the paper’s new owners for sending a business reporter out to get a comment from the Dolan family. Koblin writes, “Cablevision spokesman Charles Schueler spoke with reporter Mark Harrington, formerly the Cablevision beat reporter […]
Getting out in front of economic development news
Dan Barkin, a senior editor at The (Raleigh) News & Observer, writes Tuesday about how one of the paper’s reporters, Jonathan Cox, was able to report an economic development story before the official announcement. Barkin writes, “One of the hardest things to do for a reporter is to get out in front of a big […]
Cincy Enquirer blog on P&G bites the dust
A blog about prominent local company Proctor & Gamble by new reporter Keith Reed at the Cincinnati Enquirer has ended after six months. When introduced back in December, business editor Carolyn Pione wrote, “He will create a blog about P&G where people can share ideas and information, and, we hope, improve The Enquirer’s coverage of […]
Biz media fails to meet analyst expectations
TheStreet.com media critic Marek Fuchs writes Wednesday that business news stories about Cisco’s recent earnings have the company meeting analyst expectations — but only because the company lowered expectations, which isn’t mentioned or buried in most stories. Fuchs writes, “Revenue was also ‘jumping’ at TheStreet.com, which wrote that the $9.8 billion, came in ‘slightly above […]
Dolan Media reports first-quarter profit
Dolan Media, the Minneapolis-based company that owns business newspapers, reported a first-quarter profit of $4 million after posting a loss in the same quarter a year ago, according to a story by Ben Mook, an assistant business editor at the Daily Record, one of its newspapers. Mook wrote, “Minneapolis-based Dolan, parent company of The Daily […]
Bankruptcy is a fascinating beat
Harry Jaffe of Washingtonian magazine profiles Washington Post personal finance reporter Michelle Singletary, who gained a lot of her business and economics reporting knowledge by covering bankruptcy court for the Baltimore Sun. Jaffe writes, “After college, Singletary went to the Evening Sun. She covered zoning, then religion, then business. She learned a lot about bankruptcy. […]
Anonymous sources out of hand covering Microsoft-Yahoo
Jonathan Berr of BloggingStocks.com writes Monday that the use of anonymous sources in covering the now-dead Microsoft Corp. deal to acquire Yahoo Inc. was too much. Berr writes, “Investors would be nauseated by the amount of butts that get kissed behind the scenes during these drawn-out sagas. Reporters suck up to companies, public relations people […]
AP story on Domino's earnings lacking meat
TheStreet.com media critic Marek Fuchs writes Wednesday that an Associated Press story on Domino’s first-quarter earnings missed the bigger story at the pizza chain. Fuchs writes, “Look at this headline, which ran Tuesday night: ‘Domino’s Pizza shares up after company reports 1Q profit.’ The AP began its lead with the same claim before launching into […]
CNET posts loss, revenues shy of estimates
Online technology news company CNET Networks Inc. posted a first-quarter loss and had revenues that were below analyst estimates, according to an AP story. The AP story stated, “For the quarter ended March 31, CNet posted a loss of $6.1 million, or 4 cents per share, compared with a loss of $9.1 million, or 6 […]
The long-range effects of the WSJ metamorphosis
Louis Hau of Forbes writes Wednesday about the effects of the changes designed to make The Wall Street Journal more of a competitor with the New York Times, including the departure of managing editor Marcus Brauchli. Hau writes, “Although Brauchli lasted only 11 months in his post, his predecessor, Paul Steiger, had served as managing […]
