Loomis: Always ahead of the curve
Christine Haughney of the New York Times profiles Carol Loomis of Fortune magazine, who has retired after more than 60 years at the business publication. Haughney writes, “In the 1960s, she wrote one of the first articles about hedge funds. She reported two cover articles on the risk of derivatives in the mid-1990s, long before […]
Fortune’s Serwer: Hard to say goodbye to Carol Loomis
Fortune managing editor Andy Serwer writes his editor’s note in the next issue of the business magazine about Carol Loomis and her retirement from the magazine after working there for more than 60 years. Serwer writes, “Carol was born on June 25, 1929, and raised in Cole Camp, Mo., a hamlet of about 1,000 people […]
Fortune’s Carol Loomis to retire after 60+ years
Here is the note that Fortune’s Carol Loomis sent to her staff members on Tuesday: Three-score years and five months ago, I came to Fortune. I loved my job from the start and have always considered myself supremely lucky to be here. But today seems to be my last day before I retire, so… The first people […]
Fortune names new deputy ME
Fortune managing editor Andy Serwer sent out the following email announcement on Friday: As you probably know Stephanie Mehta is leaving Fortune today. I said to many of you last night that Stephanie truly belongs in Fortune’s Hall of Fame. She has been an outstanding editor, an inspiring mentor and a wonderful, tireless and steadfast colleague. We will […]
Gilman joining Reuters
Martin Howell, top news editor and deputy editor of Americas for Reuters, sent out the following announcement on Thursday morning: I am delighted to announce that Hank Gilman, who was deputy managing editor at Fortune for eight years, will be joining the top news team in New York in early September. In the No.2 role […]
Fortune’s Serwer: Good business journalism can be positive
Public relations professionals and others shouldn’t classify stories about companies as “good” or “bad,” said Fortune magazine managing editor Andy Serwer. Good business journalism can relate positive stories, but the best stories are stories that are unusual and different, he added. “If we told only good stories, that would mean that the world is inherently […]
McLean returning to Fortune to write online column
Fortune managing editor Andy Serwer sent out the following announcement to the staff on Monday: More great news on Fortune 500 Day! I am delighted to tell you that Bethany McLean is coming back to Fortune as a columnist at the new Fortune.com. It’s an auspicious day for a return, as we launch the new […]
Fortune, Money roll out new websites
Time Inc. magazines Fortune and Money will roll out their own websites at 10 a.m. on Sunday, freeing themselves from the CNNMoney.com joint venture that had contained their content for nearly a decade. The new websites are part of a strategy by the company, which is splitting from the cable operations, to build the brand […]
Time Inc. losing CNNMoney’s profits
Peter Kafka of Re/Code writes about how the spin off of Time Inc. means that it will lose the profits generated by CNNMoney.com. Kafka writes, “A new SEC filing from Time Inc. offers a brief glimpse into the site’s economics: In the first quarter of the year, CNNMoney generated $9 million in revenue, down from […]
Fortune journalist offered shares in IPO
Adam Lashinsky, senior editor at large at Fortune, writes about how a tech company has offered him shares in its upcoming initial public offering. Lashinsky writes, “I was surprised but not completely flabbergasted by the phone call I received a few weeks ago. A representative of Arista Networks, a networking company I’ve written about recently, […]
