Financial Times celebrates 125th anniversary

The Financial Times turned 125 on Wednesday, and it is celebrating with anniversary feature in print and online, a new marketing campaign and subscription offer, and a series of global events. FT editor Lionel Barber said, “The Financial Times has been the gold standard in business and financial journalism for 125 years and we intend […]

The FT moving into the digital age

Eric Pfanner of The New York Times writes about how the Financial Times has transformed itself into more of a digital publication as it celebrates its 125th anniversary this week. Pfanner wrtites, “The F.T. was one of the first newspapers to charge readers for access to its Web site, which it did in 2002. It […]

No credit to Reuters from competitors

Ryan Chittum of Columbia Journalism Review writes about how competing business news media did not credit Reuters’ investigative work last year on Chesapeake Energy for the announcement Tuesday that its CEO was stepping down. Chittum writes, “Beat reporters tend and their bosses not to like to give credit to competitors who have scooped them repeatedly. […]

Gradual evolution at the Financial Times

Columbia Journalism Review‘s Dean Starkman interviewed Financial Times managing editor Martin Dickson about the paper and its future. Here is an excerpt: Dickson: That is part of what we want to do. We have to address a huge range of reader demands, from very short instant market blogs at one end to investigative reporting at […]

FT to cut 35 jobs, enact digital-first strategy

The Financial Times plans to cut 35 jobs and begin a digital-first strategy to its news gathering, reports Josh Halliday of The Guardian in London. Halliday writes, “Barber said the FT will make a net headcount reduction of 25 – after hiring 10 journalists for digital roles – in an effort to save £1.6m this […]

FT’s parent sees shares fall after earnings warning

Pearson Plc, the parent company of the Financial Times, saw its shares fall on Monday after it warned that this year’s earnings won’t match the the previous year’s earnings. Mark Sweney of The Guardian in London writes, “FT Group, home to the Financial Times, expects to report ‘good revenue growth’ for 2012. “Pearson said growth […]

Financial Times names new CFO, COO

The Financial Times has appointed Tas Viglatzis as chief financial officer and board member, effective from the beginning of February. As CFO, Tas will be responsible for ensuring the FT is on course to meet its financial targets, help shape company strategy, and identify and execute new acquisitions. He will contribute to the transformation of […]

Why would the FT sell its independence?

Kevin Rafferty, who was in charge of the FT’s Asia coverage and later opened the paper’s first office in Hong Kong, writes for the Japan Times about why the British business newspaper would be sold by parent Pearson. Rafferty writes, “Not everything about the FT is perfect. Its investigative reporting is weak, and some of […]

Littell, who helped FT and Marketwatch.com start Euro news site, dies

Andrew Littell, who in 2000 helped the Financial Times and MarketWatch.com start a business-news website, has died. He was 44. Laurence Arnold of Bloomberg News writes, “In 2000, as head of corporate finance for the Financial Times Group Ltd., Littell helped create Financial Times MarketWatch.com Ltd., a joint venture with MarketWatch.com that established a real-time news […]