Seattle biz media missed downfall of mortgage company
Michael van Baker, writing on the Seattlest.com web site, noted that most of the Seattle business media missed noticing the problems that led to the failure of an Eastside mortgage company. The Seattle Times business reporter Elizabeth Rhodes had the story this weekend. Van Baker wrote, “We note that the local business media never saw it […]
Good biz journalism = good investment?
Forbes.com columnist Gary Weiss noted on his blog Sunday that Houston Chronicle business columnist Loren Steffy had a thought-provoking column on Friday about the New York Times Co.’s two-tiered stock structure. In short, Steffy wrote that if the Times didn’t want the money from investors, it should have never gone public. Former Times’ ombudsman Daniel […]
Pfizer plays biz media like a fiddle
TheStreet.com’s Marek Fuchs noted that drug company Pfizer’s public relations strategy in the past week should be used as a case study because of the way it manipulated the business press. On Tuesday, the company announced that it was cutting 2,000 salespeople, or about 20 percent of its sales force. Its sales force had been […]
Georgia paper moves biz section
The Walton Tribune, which serves a community outside of Atlanta, has moved publishing its business section from Sunday to Wednesday, Patrick Graham writes on today’s paper. Graham stated, “We have moved the Business section from Sunday to Wednesday so we can continue to provide our readers with local features and columns about topics of interest […]
What happens to those who take the buyout?
Media Life Magazine has a nice story about journalists who have taken buyouts recently from their newspaper, and what they go on to. One of those featured in the article is Kathy Thatcher, a former assistant business editor at the Dallas Morning News. Lisa Snedeker wrote, “Kathy Thatcher is one of 111 Dallas Morning News […]
Barron's causes Google to drop below $500
The New York Post’s Holly Sanders wrote Tuesday that a weekend article in Barron’s about Google’s rich stock price caused it to fall back below $500 per share on Monday. Sanders said, “The bearish report helped send the shares down 4 percent, or $20.25, to close at $484.75 yesterday. The decline dragged down the Nasdaq […]
Union membership at Dow Jones "engaged"
Steve Yount, the president of the union representing journalists at Dow Jones & Co. operations such as The Wall Street Journal, MarketWatch and Dow Jones Newswires, posted a note on the union’s web site Tuesday morning noting that members have never been as “engaged” this early in contract talks before. Yount wrote, “The ‘long-timers’ among […]
Why did biz media criticize Wal-Mart for $4 drugs?
Orange County Register columnist Jon Lansner wonders why Wal-Mart has received so much criticism for its decision to offer $4 generic drugs. Lansner believes much of the criticism has been misguided. He wrote, “I can’t recall any other seemingly consumer-friendly move by a U.S. retailer getting such harsh treatment. Usually, price cuts of any sort […]
Forbes pulled in-text ads after reporters complained
The growing trend of media outlets placing links in stories to advertising for products was explored in the Wall Street Journal on Monday by David Kesmodel and Julia Angwin, and their reporting noted that Forbes.com dropped such ads because journalists felt uncomfortable. Kesmodel and Angwin wrote, “Forbes.com, owned by Forbes Media LLC, tested in-text advertising […]
How AJC covered the US Airways offer for Delta
Public editor Angela Tuck of the Atlanta Journal-Constitution wrote Saturday about how the paper stayed ahead of the story when US Airways made a hostile offer for local company Delta Airlines. Tuck wrote that business editor Mark Braykovich had to wake up some of his staff after he heard the news at 6 a.m. Tuck […]
