Business journalists and a code of ethics for economists
Felix Salmon of Reuters was interviewed by Craig Silverman about a proposed code of ethics for the American Economists Association and how that might affect the relationship between economists and business journalists. Here are some excerpts: If you were aware of it, I’m wondering if you have thoughts on whether this presents a problem for […]
Madoff cancels interview with Gasparino of Fox Business
Charles Gasparino of Fox Business Network reports that convicted Ponzi scheme Bernie Madoff has canceled an interview with him after Gasparino reported that Harvard Business School said it was not working with Madoff to teach ethics at the school, something that Madoff has told Gasparino. Gasparino writes, “Madoff also doesn’t like being called an egomaniac. […]
Forbes and advertisers: Is history repeating itself?
TALKING BIZ NEWS EXCLUSIVE One of the changes that has been made at Forbes magazine during the past several years is that it has begun offering blog space on its website to companies. Such a blending of editorial and advertising — although Forbes may argue that the content is not advertising — has been criticized […]
WSJ editorial page needs to revisit News Corp. editorial
Jack Shafer of Slate writes that The Wall Street Journal‘s editorial board needs to think about writing another editorial about its parent company now that new revelations have come to light about its phone hacking scandal. Shafer writes, “But revelations published by the Guardian on Tuesday give the Wall Street Journal editorial page plenty of […]
M&A coverage and scoops
Felix Salmon of Reuters writes about how the business press has handled scoops of mergers and acquisitions in the wake of Google’s acquisition of Motorola Mobility announced this morning not being leaked to any reporter. Salmon writes, “Deal scoops are the most basic currency of business journalism. Once a deal is certain to get done, […]
Fox Business launches investigation into critic
Keach Hagey of Politico reports that Fox Business Network has begun a three-part investigation into Media Matters for America, one of the biggest critics of Fox News. Hagey writes, “Fox Business published a 2,500-word investigation into the legitimacy of Media Matters’ tax-exempt status yesterday, promising it was the first in a three-part series. The piece […]
CNBC drops “World Business” show
CNBC has pulled its weekend international business show, “World Business,” after it was discovered that the show’s production company was doubling as a PR firm for Malaysian politicians, reports Keach Hagey of Politico. Hagey writes, “‘In light of serious questions raised last week, CNBC immediately initiative an examination of FBC and its business practices and […]
Reuters changes how it handles retractions after killing tax column
In the wake of a David Cay Johnston column about News Corp.’s taxes that turned out to be erroneous and was killed, Reuters has changed its policy about retractions and will now keep the content on its website. Steve Myers of Poynter.org writes, “‘The correction/kill policy that is followed at Reuters is long-established by the […]
A report from the WSJ special committee
The special committee that oversees editorial integrity at The Wall Street Journal and Dow Jones Newswires has issued a report. In part, it reads: “As the scandal unfolded, we stepped up our efforts at Dow Jones. We have had candid, useful meetings with Robert Thomson, the editor, and other key editors, with the general counsel […]
WSJ ME Thomson on ethics
Wall Street Journal managing editor Robert Thomson sent out a memo to the staff reminding them of the paper’s and Dow Jones’ ethical guidelines: It is clear to every one of you how much emphasis that we collectively place on ethics at Dow Jones, but, in light of recent events in London, it is worth […]
