Barbaro's Wal-Mart story needed to mention employee's ties
Ken Shepherd, writing on the TimesWatch.org web site that critiques the New York Times, noted that the story in Tuesday’s paper by business reporter Michael Barbaro about Wal-Mart’s decision to raise wages should have mentioned the fact that the employee he quoted was a campaigner in an anti-Wal-Mart group. Shepherd wrote, “Of course, as with […]
When did Cuban short ShareSleuth subject?
Former BusinessWeek reporter Gary Weiss, who is the author of “Wall Street vs. America,” wants to know on his blog when Mark Cuban, the billionaire who is the majority owner in new investigative business journalism website ShareSleuth.com, shorted the stock of the site’s first story — Xethanol. That story was placed on the site on […]
ShareSleuth delays first story
ShareSleuth, the investigative business journalism website started last month by former St. Louis Post-Dispatch business reporter Chris Carey with funding from billionaire Mark Cuban, said it has delayed the publication of its first story after threats from its first target. Carey also wrote that the site has hired an independent fact checker to verify what […]
Was Bill Gates interview faked?
Microsoft Corp. said Wednesday a Norwegian journalist never interviewed Bill Gates and a story published in an Oslo magazine was untrue, according to a UPI wire story. “The interview never took place,” a Microsoft Norway spokesman told Norway’s leading business newspaper, Dagens Næringsliv. Journalist Bjorn Benkow insists the interview is authentic, saying he interviewed Gates […]
LA Times to run ads on biz section front
The Los Angeles Times will join the New York Times and the Boston Globe in running ads on the front page of its business section, according to a story in the paper on Tuesday. Staff writer James Rainey wrote, “American newspapers commonly sold ads on section fronts in the 19th century. The practice continues in […]
Boston Globe will sell ads on biz section front
The Boston Globe joins the parent New York Times newspaper in deciding to sell advertising on the front of its business section. In addition, in the past month, The Wall Street Journal has said it will sell advertising on the front page of the paper. A Globe story stated, “Ad space on the Business and […]
Insider trading scandal at Japanese biz paper
Prosecutors arrested an employee of Japan’s largest daily business newspaper Tuesday over alleged insider trading, according to an Associated Press story. Kazumasa Sasahara, an advertising employee at the Nihon Keizai Shimbun’s Tokyo head office, is suspected of using information from legal notices submitted to the paper to make investment decisions, the Tokyo District Public Prosecutors […]
Fuchs: Business press still doesn't have a good handle on Bernanke
The Street.com’s Marek Fuchs argues in his Saturday column that the business media still doesn’t know how to properly cover new Fed chairman Ben Bernanke, who took over for Alan Greenspan earlier this year. Fuchs wrote, “After all, as usual with the business media, (mis)perceptions have been swinging wildly between the two extremes. “In the […]
Fine: WSJ ads on front page are not that bad
BusinessWeek’s Jon Fine, who writes a blog on the media, makes a pretty good historical argument that the Wall Street Journal’s decision earlier this week to begin selling ads on its front page isn’t all that heretical as many journalists are making it out to be. Fine wrote, “It’s worth remembering whenever journos pull out […]
Chicago papers taken in by United ploy
Steve Rhodes of The Beachwood Reporter noted that this past weekend’s coverage in the Chicago papers of United Airlines’ choice of picking the Windy City over Denver and San Francisco as the site of its new headquarters was duped by the airline into thinking that the other two candidates were serious contenders. Rhodes wrote, “The […]
