Forbes takes down article due to lack of disclosure
Forbes.com has taken down an article from its website due to a lack of disclosure by one of its writers, reports Politico’s Daniel Lippman. Lippman writes, “Forbes.com has taken down a post about the Pentagon’s $10 billion JEDI cloud contract that alleged Oracle may have been behind a ‘misinformation campaign’ that targeted competitor Amazon, POLITICO’s Daniel […]
Ex-Crain’s New York editor: Why I ran Trump’s fake worth
Greg David, the former editor of Crain’s New York Business and a current columnist for the paper, writes about why he published Donald Trump’s obviously inflated net worth in the early 1990s. David writes, “Only weeks later, Trump’s financial empire began to crumble. In May, Forbes retracted its previous estimate, having unearthed nonpublic documents that suggested a […]
Under Armour CEO has a close relationship with MSNBC anchor Ruhle
Under Armour CEO Kevin Plank has developed a close relationship with MSNBC anchor Stephanie Ruhle, who co-anchors a business news show daily at 1 p.m., reports Khadeeja Safdar of The Wall Street Journal. Safdar reports, “The billionaire and the television journalist have developed close ties in recent years, according to these executives and others familiar with the matter. […]
WSJ seeks a standards and ethics editor
The Wall Street Journal is seeking a standards and ethics editor. This editor is the focal point for maintaining the high journalism standards of the global news staff of The Wall Street Journal and Dow Jones Newswires. The editor oversees a standards staff of five. Duties include involvement in the preparation and pre-publication review of […]
Capitol Forum sues Bloomberg, alleging improper use of its content
Capitol Forum, a Washington-based news service that focuses on mergers and acquisitions, antitrust and government contracts, has sued Bloomberg News alleging that the wire service is illegally using is content. In the lawsuit, Capitol Forum states: Within minutes of the release of many of Capitol Forum’s reports, Bloomberg will surreptitiously obtain the report from one […]
Sponsored article on Reuters website contradicts its Pulitzer winner
A sponsored article on the Reuters website states that the Thai government has improved working conditions of seafood workers, a contradiction of the news service’s Pulitzer Prize-winning stories that found trafficking in the industry, reports Joshua Carroll of Columbia Journalism Review. Carroll reports, “In a statement to CJR, Reuters says that the department behind the […]
San Francisco Chronicle reports on fake press release about ex-PG&E CEO
The San Francisco Chronicle published a story about a fake press release stating that former PG&E CEO Geisha Williams was going to give her salary to victims of the wildfires before discovering it was a fake. Roland Li of the Chronicle reports, “The website www.pgecalifornia.com posted a news release that claimed Williams was donating the […]
Trump threatened to sue CNBC after low ranking
Donald Trump and his then-attorney Michael Cohen pressured CNBC in 2014 to place the real-estate tycoon higher in its list of the country’s top business leaders after Cohen failed to manipulate the rankings in Trump’s favor, according to a Wall Street Journal story. Joe Palazzolo, Michael Siconolofi and Michael Rothfield of The Journal reported, “Mr. […]
FT publishes story on fake BlackRock CEO letter
The Financial Times wrote a story about a fake annual letter to shareholders from Blackrock CEO Larry Fink, reports Meghan Morris of Business Insider. Morris writes, “Business media outlets, including the Financial Times, ran stories early on Wednesday with the big news. “The letter, however, was fake. “A BlackRock spokesman pointed to the company’s official […]
How the relationship between companies and business journalists has changed
Kate Waldock from Georgetown University and Luigi Zingales at the University of Chicago of the Capitalisn’t podcast spoke to Washington Post business columnist Steven Pearlstein about why business journalism is important to capitalism and how that relationship has changed. Here is an excerpt: Kate: Can you give us an example of your favorite company to cover and the types of […]
