Former BusinessWeek plant worker pleads guilty
A former BusinessWeek plant worker pleaded guilty to charges that he gave out the names of stocks mentioned in stories in the magazine before it was released to the public, according to a Bloomberg story. The story stated, “Nickolaus Shuster, who worked at Quad Graphics Inc. in Sussex, Wis., told a judge in Manhattan federal […]
Biz journalists don't stoop to the level of Hewlett-Packard
Some interesting comments coming out in response to the front-page article in the Wall Street Journal earlier this week written by one of the reporters who was spied upon by Hewlett-Packard Co. First, Peter Cohan on BloggingStocks.com wrote, “There are many levels of irony in this story. Reporters do all sorts of investigations on their […]
How Hewlett-Packard spied on this business reporter
In a first-person story on the front page of Thursday’s Wall Street Journal, reporter Pui-Wing Tam said Hewlett-Packard disclosed to her on Wednesday that it hired a security firm that rummaged through the garbage of her suburban home, hoping to glean possible details about her reporting efforts. “I learned this – and more – as […]
Biz news on networks overly negative about the economy
Dan Gainor of the Business & Media Insitute argues in a new report that the three major networks — ABC, CBS and NBC — have been overly negative in their economics coverage in recent months. Gainor wrote, “Network news stories have painted a bleak picture of an economy in decline. Reporters treated gas prices as […]
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 […]
Front page ad on WSJ not necessarily good for companies
Advertising Age’s Nat Ives wrote Monday about how General Motors had a front-page ad on the Wall Street Journal on Sept. 29, the same day that there was a negative article about GM directly above the ad. The same thing happened to Hewlett-Packard earlier this month. Ives wrote, “Advertisers are finding that the front-page ads […]
Reuters markets editor loses job over Coulter book
Joe Maguire, a markets editor at Reuters, has lost his job because he wrote a book about Ann Coulter, according to a story in the New York Times.As a result, the markets team at the wire service took a “group coffee break” on Thursday as a show of support, reported Noam Cohen. Neither side would […]
Former HP chair, others hit with criminal charges
Former Hewlett-Packard chairwoman Patricia Dunn and others now face criminal charges from California authorities in the wake of a scheme to spy on journalists to determine who was leaking information about board meetings. Janet Whitman of the New York Post wrote, “Dunn, along with former H-P chief ethics lawyer Kevin Hunsaker, private investigators Ronald DeLia, […]
Daily Southtown biz story on stripper draws reaction
The Daily Southtown, a community newspaper in Chicago owned by the Sun-Times, is being criticized by its readers for a story and a photo about a stripper on the front of its business section recently.One reader stated, “I fail to see why this type of picture (large) had to appear in the Southtown, which I […]
Will Dow record receive same amount of coverage?
Chris Lester, the Kansas City Star’s assistant managing editor for business, wrote in Tuesday’s paper that some of his section’s readers are demanding equal coverage to a new record for the Dow Jones industrial average. Lester wrote, “In the past few days, several devoted readers have called in a stir, fueled in part by the […]
