Where the WSJ is headed
Editor & Publisher is a long piece taking a look at the changes that will occur at The Wall Street Journal next week. Perhaps the most interesting part of the story for business journalists at the paper is near the end, when the discussion turns to staffing levels. Jennifer Saba wrote, “If [publisher Gordon] Crovitz […]
Company CEO challenges quote
The president and CEO of Oreck Manufacturing is challenging a quote attributed to him in a story in the Tennessean, the daily newspaper in Nashville, that was later reprinted in the Sun Herald newspaper in Mississippi. J.R. Welsh, a reporter for the Sun Herald, wrote, “The letter, originally sent to Sun Herald executives, was distributed […]
Don't forget to mention stock price reaction
Marek Fuchs of TheStreet.com noted that few business journalists wrote about how Pfizer’s stock price performed during the tenure of the ex-CEO after his big payday was disclosed. Fuchs wrote, “Too often in the case of daily breaking news, the immediate reaction of the stock market is mentioned prominently. This is even the case, as […]
Media focus on large crowds instead of retailer's prices
TheStreet.com’s Marek Fuchs noted that warnings from Best Buy and Circuit City in the past week that earnings will be lower than expected for the fourth quarter should send a warning signal to retail reporters. And that warning is that just because the stores are full during Christmas doesn’t mean that the retailers will be […]
WSJ and Barron's videos now searchable
Red Herring is reporting that Dow Jones properties Wall Street Journal, Barron’s and MarketWatch are now providing their videos available by video search company blinkx and its customer Lycos. Michael Cohn wrote, “While most of the content on the Wall Street Journal Online as well as Barron’s Online is available by paid subscription only, the […]
NYPost: Pensions cut at Forbes
The New York Post is reporting that the future pension plan at Forbes magazine has been cut. Keith Kelly wrote, “Chairman Steve Forbes told employees about the news in a year-end package that went out late last week. “A spokeswoman insisted yesterday that the Forbes plan ‘is frozen; it’s not being scrapped.’ “She also said […]
Study at Dow Jones evaluating news gathering
A Bloomberg story that was based on interviews with Wall Street Journal managing editor Paul Steiger and publisher Gordon Crovitz noted that there is currently an internal study being led to determine how to “coordinate” news gathering. Reporter Leon Lazaroff wrote, “Dow Jones plans to streamline news operations across the Journal, Newswires, MarketWatch and Barron’s. […]
Trading stocks based on biz news
Reuters has begun selling a service that allows people to buy and sell stocks based on news events, according to a New York Times story. Jeremy Peters wrote, “They will give subscribers the ability to mine past and present Reuters news articles in real time and automatically buy, sell or hold a stock based on […]
Barron's editor: Should Yahoo buy Dow Jones?
Eric Savitz, the West Coast editor of Barron’s, which is owned by Dow Jones, suggested on his Tech Trader Daily blog that no one would complain at his shop if Internet company Yahoo should consider making a bid for his parent company. The conversation resulted from Savitz posting an item on the blog by JupiterMedia […]
Barron's and Pfizer: A lethal combination
TheStreet.com’s Marek Fuchs takes a look at Barron’s coverage of the recent news out of Pifzer, which included the halting of one of its major new drugs due to people dying during the trials, and comes away less than satisifed with the story. Fuchs wrote, “Considering how many people died in the torcetrapib trials, I […]
