Wacky reason from Cavuto why market is falling

The News Hounds blog critiques Neil Cavuto of Fox News early and often, and I sometimes don’t pay much attention to it, but the latest is a good analysis of his commentary on the stock market. News Hounds writes, “Only weeks ago, Fox’s business guy, Neil Cavuto, the head of Fox’s business news department and […]

Kernen's joke on CNBC fell flat

The New York Daily News is reporting that a joke CNBC anchor Joe Kernan made on Monday to discuss how much money the new Pirates of the Caribbean movie brought in fell flat with some people. Reporter Richard Huff noted, “Fact was blended with fiction Monday morning on CNBC. That’s when CNBC anchor Joe Kernen […]

Q&A with ShareSleuth head Carey

Former St. Louis Post-Dispatch business reporter Christopher Carey, who left the paper earlier this month to start a web site called ShareSleuth.com to write about companies that is being funded by Dallas Mavericks owner Mark Cuban, was interviewed on the Media Orchard site about the new venture. Among other things, Carey said that he has […]

Financial media's goals conflict with investor interest

Martin Krikorian, president of Capital Wealth Management, writes in the Sunday Lowell Sun of Massachusetts that the financial media’s goals conflict with those of investors. Krikorian writes, “much of the financial media also operates with an agenda that may not be in the best interest of investors. The media has one primary goal: to attract […]

Santa Barbara biz editor among those quitting paper

The Los Angeles Times is reporting that five editors, including the business editor, and a columnist have quit the Santa Barbara News-Press due to meddling by Wendy McCaw, the paper’s owner, in the editorial content. James Rainey reported that business editor Michael Todd was among those leaving the paper. Rainey reported, “The Santa Barbara News-Press, […]

Fourth of July fireworks on the Internet

Weird goings on over at the blog run by financial journalist Gary Weiss, the author of Wall Street vs. America, where Gary and Mark Mitchell, the assistant managing editor of Columbia Journalism Review Daily, have been trying to knock each other down for the past few days and have continued today with several postings about […]

Confronting the Buffett-Loomis question

The July 10 issue of Fortune magazine has Warren Buffett on the cover, and inside there is a Q&A interview with the billionaire done with legendary business reporter Carol Loomis, whose friendship with Buffett dates back to 1966. The relationship has caused rumblings within some business journalism circles, and I asked Loomis about this back […]

How does Herb Greenberg do his job

Marketwatch columnist Herb Greenberg responded to a reader on his blog who wanted to know how he conducts his reporting on a day-to-say basis. Specifically, the reader wanted to know whether Greenberg takes the time to try to contact a company when he is presenting a veiwpoint about that company gleaned from a short seller, […]

Weiss: CJR Daily gets it flat wrong on WSJ piece

Gary Weiss, the author of Wall Stret versus America, complains mightily on his blog tonight about how the CJR Daily web site makes some unfounded complaints about a Wall Street Journal article focusing on Warren Buffett‘s gift of $37 billion on Berkshire Hathaway stock to the Gates Foundation. Weiss noted that the story from the […]

Hearings on short selling

Today’s hearings on short selling should be interesting for business journalists in the wake of recent allegations that some reporters have been in cahoots with hedge funds and others who short stocks to drive down the price of shares. Former BusinessWeek reporter Gary Weiss has a couple of nice postings about the hearings and notes […]