Biz news is different at American City Business Journals
Beth Hunt became manager of editorial operations for Charlotte-based American City Business Journals last year, leaving her job as editor of the Washington Business Journal, one of the company’s 42 weekly business newspapers. Hunt, who had been editor of the paper for seven years, is now in charge of developing and implementing new content initiatives […]
Bartiromo took trip on Citi jet
The New York Post and New York Times are reporting that one of the reasons that Citigroup CEO Chuck Prince ousted the head of its wealth management business was that he didn’t like the fact that Todd Thomson shuttled personal friends, including CNBC anchor Maria Bartiromo, around on the corporate jet. The Post story stated, […]
NYT's Morgenson is one of Financial Week's "payparazzi"
Financial Week lists seven people who are “most likely to have an impact on compensation policies this year” in its Jan. 15 issue and names New York Times reporter Gretchen Morgenson as one of those. Reporter Jeff Nash wrote, “To be sure, there are way more than seven members of the payparazzi posse, but the […]
Car seat test not Consumer Reports' first mistake
Jim Fitzgerald of the Associated Press writes that the decision by Consumer Reports last week to retract a story about the safety of child car seats is not the first time that the magazine has faced an embarrassing mistake. Fitzgerald noted that Consumer Reports has faced lawsuits in recent years from Suzuki, Isuzu, Sharper Image, […]
Fuchs: Why doesn't biz media realize what Apple's doing?
TheStreet.com’s Marek Fuchs expressed frustration at the fact that the business media constantly forgets the fact that Apple always overpromises on its products and underpromises when projecting its earnings. Fuchs wrote, “Of course, it’s easy to fool all the business media all the time. But what helps in this case is Jobs’ dual status as […]
Pearson shares up on speculation that Financial Times will be sold
Geoff Foster of the Daily Mail in England reports Thursday that Pearson Plc’s shares are trading higher amid speculation that the company will sell The Financial Times. Foster wrote, “As shares in the media giant advanced strongly to 839p before closing 24½p higher at 824½p, dealers heard a jackanory that Dame Marjorie Scardino plans to […]
Weiss: Hedge fund coverage needs to explain itself
Forbes.com columnist Gary Weiss pointed out on his blog that stories in the past two weeks from various news sources have printed contradictory numbers regarding the performance of hedge funds in 2006. Weiss noted that Reuters reported that a hedge fund index from Credit Suisse reported that the average fund had a return of 13.8 […]
BusinessWeek forecasts the weather
For those who are old enough to remember, or have gone back and looked, the cover of BusinessWeek magazine used to have a thermometer that gauged the country’s economy. The thermometer was discontinued back in the 1960s, but the weekly glossy is getting back into forecasting via a deal with The Weather Channel where it […]
Tallahassee biz editor predicts more local news in section
Steve Liner, the business editor of the Tallahassee Democrat, noted in his Wednesday column that Audrey Post, assistant managing editor for business and news, has left the paper to pursue graduate school on a full-time basis. The change, says Liner, means that the coverage in the business section might be changing. He wrote, “What does […]
Apple iPhone coverage is excessively positive
Wired columnist Pete Mortenson spoke with NPR’s On the Media host Bob Garfield about why all of the business news coverage of Apple’s introduction of the iPhone last week has been so glowing. Here is part of the transcript: BOB GARFIELD: And, of course, it isn’t three products but, in fact, it’s one product. It’s […]
