WSJ's Craig leaving for NYTimes
Susanne Craig, who has covered Wall Street for the Wall Street Journal for the past decade, is leaving the paper for a similar job at the New York Times, reports Dean Starkman of Columbia Journalism Review. Starkman writes, “Craig, forty two years old, has covered Wall Street for ten years and is a recognized authority […]
SABEW releases salary study results
Business journalists in the United States make a median salary of $65,000 to $70,000, according to an informal poll of nearly 400 business reporters and editors conducted by the Society of American Business Editors and Writers. The median salary for a business reporter was between $60,000 and $65,000, while the median salary for a business […]
Memphis biz magazine adds issues
Maria Burnham of the Memphis Daily News reports that the Memphis Business Quarterly will now publish six issues a year, up from the four it used to produce. Burnham writes, “In its quarterly incarnation, the magazine focused heavily on business profiles and features – news that had some shelf life, a requirement for publishing on […]
The snark and lack of quality in financial reporting
The Deal’s Yvette Kantrow writes wistfully about an earlier day in financial journalism when there was more substance and less snark. Kantrow writes, “I point this out because, as a voracious consumer of this stuff — both primary source material as well as secondary links and reactions to it — I can’t help but think […]
The problem with financial journalism
David Serchuk, a writer and journalist in Brooklyn who used to work for Forbes, writes for The Huffington Post about what he sees as the problem today in financial journalism. Serchuk writes, “Here is my background. I worked in financial newsletters for two and a half years, was a reporter at a famed financial news […]
Chicago TV biz show ending later this month
“Monsters & Money in the Morning,” a Chicago television show that featured Chicago Sun-Times financial columnist Terry Savage and business journalist Mike Hegedus along with two sports commentators, is ending on Aug. 7. Lewis Lazare of the Sun-Times reports, “WBBM’s new early morning show will be more traditional in format than ‘Monsters’ was, but still […]
House Democrat backs law fixing SEC's FOI exemption
A top Democratic lawmaker on Tuesday proposed to take back disclosure exemptions granted to U.S. securities regulators in new financial reform legislation. Emma Ashburn of Reuters writes, “Edolphus Towns, a New York Democrat who chairs the House Oversight and Governance Reform Committee, introduced a bill that would eliminate enhanced privacy measures for the Securities and […]
Black Enterprise turns 40
Steve Smith of minonline writes about Black Enterprise magazine as it celebrates its 40th anniversary. Smith writes, “The milestone is being marked by the special current issue that highlights entrepreneurs who will drive the next 40 years of Africn-American leadership in business. As well, the Labor Day weekend Black Enterprise/Pepsi Golf & Tennis Challenge is […]
Banks ask court to let it control "hot news"
Attorneys for investment banking firms suing financial news site Theflyonthewall.com argued Friday before the Second U.S. Circuit Court of Appeals that they should be able to control when news such as analyst upgrades and downgrades get disseminated. Larry Neumeister of the Associated Press reports, “The financial companies in 2006 sued the Summit, N.J.-based corporation for […]
Hearing scheduled on SEC's new FOI exemption
Congressman Barney Frank, chairman of the House Financial Services Committee, announced Wednesday that the committee will hold a hearing in September to explore concerns raised about the provision of the Wall Street Reform and Consumer Protection Act, which provides some exemption to the Securities and Exchange Commission regarding the Freedom of Information Act. The exemption, […]
