Biz writer Gerdel among those taking Plain Dealer buyout
Longtime Cleveland Plain Dealer business writer Tom Gerdel is among those on the editorial staff of the paper who is taking a buyout offer and leaving the paper, according to a story in Wednesday’s paper. Reporter Teresa Dixon Murray wrote, “The newspaper will definitely feel the loss of some of its veterans, [Editor Doug] Clifton […]
Dow Jones buys rest of Factiva from Reuters for $160 million
Dow Jones & Co., the parent of The Wall Street Journal and Barron’s, agreed to purchase the 50 percent stake in Factiva that it doesn’t already own from rival Reuters for $160 million, according to published reports. The Associated Press reported, “Founded in 1999 as a 50-50 joint venture between Dow Jones and Reuters to […]
Biz editor: Size doesn't matter
Steve Liner, the new business editor at the Tallahassee Democrat, has an interesting column in Wednesday’s paper where he argues for more coverage of small businesses. And he makes a pitch for small business owners to tell their stories. Liner wrote, “I’ve been frustrated in my brief tenure as the new business editor here that […]
Biz magazines had bad ad sales in September
Most of the major business magazines saw a decrease in advertising revenue in September compared to the same month a year ago, according to statistics on the Magazine Publishers of America web site. Only Barron’s, The Economist, Fast Company and Inc. showed increases in ad revenue. Barron’s ad sales increased 17.7 percent to $5.9 million […]
Sandy Weill and CNBC's Gasparino are not friends
Don’t invite former Citigroup CEO Sandy Weill and Charles Gasparino, a former Wall Street Journal reporter now at CNBC, to the same party, according to a story in the New York Post. Weill has made comments in his new book about Gasparino’s reporting that has the journalist hiring an attorney. Suzanne Kapner wrote, “The latest […]
Don't look for SEC filings on Yahoo! or Nasdaq web sites
A dispute between Edgar Online Inc. and Vickers Stock Research Corp. has resulted in no updated SEC filings on the Yahoo! and Nasdaq web sites, according to a story in the Fairfield County Business Journal.  Alexander Soule wrote, “Edgar Online has sued Vickers Stock Research Corp. of Glen Cove, N.Y., claiming it is suffering “irreparable […]
IR director: Biz journalists "are not your friends"
The director of investor relations at Colgate-Palmolive Co. warned other investor relations managers that journalists can not be trusted to tell a company’s story accurately, according to a report in FinancialWeek. Jeff Nash wrote that Bina Thompson stated, “These people are not your friends.” Later, Nash wrote, “When William Perry, director of investor relations at […]
Kantrow: Blog beat papers in Google/YouTube talks
TheDeal.com executive editor Yvette Kantrow gives credit to Silicon Valley blog TechCrunch for being the first to report that there were talks between Google and YouTube. The two companies announced a $1.65 billion deal earlier this week. Kantrow wrote, “Reports about a possible Google Inc.-YouTube Inc. hook-up first surfaced on Friday, Oct. 6, not in […]
Critiquing Morgenson's NYT story on mutual fund voting
University of Illinois law professor Larry Ribstein critiqued a recent New York Times article by well-known business journalist Gretchen Morgenson by arguing that mutual fund voting on company proposals is not as conflicted as the reporter stated. Ribstein wrote, “Morgenson makes minimal efforts in today’s article to present the other side by getting quotes from […]
NY Post: Sloan could be headed to BusinessWeek
The New York Post is reporting Friday that Allan Sloan, Newsweek’s Wall Street editor and one of, if not the best, top business journalists in the country today, is in talks to move to BusinessWeek. If it happens, Sloan would be the third top business journalist to depart Newsweek in the past year. Charles Gasparino […]
