Washington Post Federal Diary column moving to biz section
The Federal Diary column, which has run in the Metro section for decades and which began in 1932, is moving to the Washington Post’s business section. Columnist Stephen Barr explains: “After nearly six years anchoring Page 2 of Metro news, the column will take up residence on Page 4 of the Business section, where it […]
Overstock's Patrick Byrne and financial journalists
The New York Times’ Joe Nocera wrote a column this weekend about the efforts of Overstock.com CEO Patrick Byrne to discredit financial journalists who write negatively about his company or who question the “naked short-selling conspirary” that he has espoused for the past year. Nocera’s column is part of Times Select, so I haven’t posted […]
Outgoing Economist editor speaks his mind
Bill Emmott, right, who announced earlier this month that he was stepping down as editor of The Economist magazine, spoke with Newsweek magazine about a range of topics in this week’s issue. The Q&A format included this interesting item: The Economist’s circulation has increased by more than 40 percent in North America over the last […]
SEC commissioners not notified of biz writers' subpoenas
SEC Chairman Christopher Cox issued the following statement in response to media reports over the weekend that the agency had “ordered columnists at two Dow Jones publications to provide information about conversations that they had with stock traders and analysts”: “The issuance of a subpoena to a journalist which seeks to compel production of his […]
Financial details of The Financial Times
Pearson Plc, the British-based parent of The Financial Times, reported Monday its year-end financial results, including details of the newspaper’s financial performance. In a combined Bloomberg News and Reuters report on the International Herald Tribune, this was reported: “At The Financial Times, sales were up 6 percent last year as the newspaper made a profit […]
Pearson pressured by shareholders to sell The Financial Times
The Independent newspaper in England is reporting in its Sunday newspaper that some shareholders are pressuring Pearson PLC to sell The Financial Times newspaper. Pearson is expected to report financial results on Monday that show that the newspaper made a profit after years of losses. This wire report noted: “Axa Investment Management, which owns a […]
The secrets of The Economist
The Independent, a London-based newspaper, has a nice article today on what makes The Economist magazine so successful and required reading. The Independent writes: “How did The Economist take wing? Not thanks to its journalists alone: one secret has been its management’s readiness to pour money into promotion in hard times as in good. In […]
Update on SEC subpoenas of biz reporters
The New York Times reported today that in addition to Marketwatch columnist Herb Greenberg, the SEC also subpoenaed Dow Jones Newswire reporter Carol Remond as part of its investigation into the practices of short sellers. However, the subpoenas were then withdrawn. Times reporter Stephen Labaton reported, “But after receiving questions from reporters preparing articles on […]
Nightly Business Report's Linda O'Bryon
I interviewed Linda O’Bryon, the senior vice president and general manager of NBR Enterprises/WPBT2, which produces Nightly Business Report, seen nationally on more than 250 public television stations, earlier this week for a Q&A. The full Q&A appears on www.bizjournalismhistory.org. Here are some excerpts that I found interesting: Q: How hard was it to get […]
"House" cleaning at the Wall Street Journal
The New York Post’s Keith Kelly states in this morning’s paper that some of the people leaving the Wall Street Journal and Dow Jones are those that were close to former publisher Karen Elliott House, who left recently along with husband CEO Peter Kann. Kelly reports: “Most people are chalking up some of the high-level […]
