Ex-Dow Jones shareholders speak about News Corp. scandal
Jennifer Saba and Jasmin Melvin of Reuters write late Wednesday about the News Corp. phone hacking scandal and get the reaction of former Dow Jones & Co. shareholders, who sold The Wall Street Journal to the company in 2007. Saba and Melvin write, “‘I think the UK hacking scandal has the potential to damage the […]
WSJ’s owners would have resisted sale to Murdoch
Key members of the family that controlled the Wall Street Journal say they would not have agreed to sell the prestigious daily to Rupert Murdoch if they had been aware of News International‘s conduct in the phone-hacking scandal at the time of the deal, reports Richard Tofel of ProPublica. Tofel writes,”‘If I had known what […]
Phone hacking scandal investigation could ensnare Dow Jones CEO
Ed Pilkingon of The Guardian in London writes that the investigation involving phone hacking scandal involving journalists at News Corp.’s News of the World could involve current Dow Jones & Co. CEO Les Hinton. Dow Jones is the publisher of The Wall Street Journal. Pilkington writes, “Since 2007, Hinton has been chief executive of Dow […]
LA Times hires Bel Bruno as new financial markets editor
TALKING BIZ NEWS EXCLUSIVE Joe Bel Bruno has been hired to join the Los Angeles Times business section as the editor of its financial markets team, overseeing The Times’ coverage of stocks, consumer financial products, banking and related topics. He will report to business editor John Corrigan. Bel Bruno comes to The Times from Dow […]
WSJ/Dow Jones names new Chicago bureau chief
TALKING BIZ NEWS EXCLUSIVE The following announcement was sent to The Wall Street Journal and Dow Jones Newswires staff on Friday afternoon by managing editor Robert Thomson: An important moment of change is upon us in the Chicago bureau, where one of the lions of modern journalism, Bryan Gruley, will be succeeded by one of […]
WSJ ‘nowhere near as awful’ as thought it would be under Murdoch
Bloomberg Television is airing a show tonight on News Corp. CEO Rupert Murdoch, who in 2007 ruffled the feathers of a number of business journalists when he purchased Dow Jones & Co., the parent of The Wall Street Journal. According to Dylan Stableford of Yahoo News, the show discusses the Dow Jones acquisition. Stableford writes, […]
Dow Jones Newswires names new health insurance reporter
George Stahl, deputy managing editor of Dow Jones Newswires, sent out the following announcement to the staff on Wednesday: I am pleased to announce that Jon Kamp will become the Wires’ new health insurance reporter, following a successful multiyear run as medical device reporter. Jon will remain in Boston but will begin covering the companies […]
WSJ/Dow Jones looking for Canada reporter
Rebecca Blumenstein, deputy managing editor and international editor of The Wall Street Journal, sent out the following announcement on Monday afternoon: We’re looking for an experienced reporter to join the combined Wall Street Journal/Dow Jones Newswires bureau in Canada to cover some of its big corporate players — with a special focus on Research In […]
The value of financial journalism to traders
Tom Groenfeldt of Forbes.com writes Thursday about the value of financial journalism to the markets after listening to Joe Lanza, the president of Dow Jones Financial Markets, speak at the SIFMA securities industry conference about the work of its 100 journalists. Groenfeldt writes, “Some news, such as unemployment figures and the consumer price index, is […]
Dow Jones Newswires losing two top reporters
Telecom and tech reporter Roger Cheng and media reporter Nat Worden are both leaving Dow Jones Newswires. Cheng has accepted a job with CNET, while Worden is becoming an associate at Clear Harbor Asset Management, an New York-based investment advisory firm. Cheng has worked for Dow Jones for nearly a decade, primarily to help cover […]