SEC not seeking FOI exemption, agency says in letter
The Securities and Exchange Commission was not seeking a blanket exemption from public information laws when it asked Congress to include a little known provision in the Wall Street reform law, according to a letter it sent to lawmakers Friday. Organizations such as the Society of American Business Editors and Writers have objected to the […]
Bankruptcy judge approves sale of business newspapers
A U.S. bankruptcy court judge has OKed the sale of some weekly business newspapers and business magazines owned by Ohio-based Brown Publishing to a new company formed by some of its executives. Frank Eltman of the Associated Press reports, “Edward Fox, an attorney who represented Brown Publishing, said he was pleased with the judge’s ruling, […]
LexisNexis owner backs banks in dispute over stock recommendations
Publishing company Reed Elsevier, which owns LexisNexis, is asking a federal appeals court to uphold a finding that TheFlyOnTheWall.com misappropriates banks’ ‘hot news’ by reposting their stock recommendations. Wendy Davis of MediaPost writes, “Reed Elsevier says in a recent court filing that it could face ‘devastating economic effects’ if it lost the ability to prevent […]
Police forced to apologize to Chinese business reporter
Chinese police who put a business reporter on the country’s most wanted list for writing critically about a company have been forced to apologize to the journalist. Loretta Chao of The Wall Street Journal writes, “Qiu Ziming, a reporter for the Economic Observer, wrote a series of articles for the newspaper starting last month that […]
Chinese business reporter wanted by police — for covering company
Local police in east China have named a business reporter wanted for damaging the reputation of a company in the area, his newspaper said Wednesday. Tania Brangian of The Guardian in London writes, “The offence of ‘fabricating and disseminating false information that harms the business or product reputation of another’ can result in a sentence […]
The Business Insider raises more money
Henry Blodget, the founder and editor in chief of The Business Insider, writes Wednesday that the business news site has raised another round of financing from RRE Ventures and its existing investors that will allow it to hire more journalists and cover more stories. Blodget writes, “This capital will help us continue to expand the […]
Biz editor named at Texas paper
Chad Thomas has been named business editor of the Tyler Courier-Times-Telegraph, according to a story on its site. The story states, “Thomas will oversee coverage of local business, industry and economic development appearing in the Tyler paper and on Tyler-Paper.com. “A Central Texas native, Thomas joined the Tyler paper in January as a news reporter […]
Money Honey trademark denied
Jacob Goldstein, who writes for the “Planet Money” blog at NPR, reports that its attempt to take over the “Money Honey” trademark from CNBC anchor Maria Bartiromo has met some resistance from the U.S. Patent & Trademark Office. Goldstein writes, “This official rejection letter from a lawyer at the U.S. Patent and Trademark Office landed […]
Kentucky business paper to require subscriptions
A Lexington, Ky., bi-weekly business publication, Business Lexington, has announced it plans to begin requiring subscriptions, ending its practice of mailing the majority of issues to area businesses for free. Scott Sloan of the Lexington Herald-Leader writes, “‘When we initially launched Business Lexington five years ago, it was more important for us to aggressively pursue […]
Taking business news seriously
KNX “Business Hour” anchor Frank Mottek was interviewed about his show and business reporting on radio by Los Angeles Business Journal reporter Natalie Jarvey. KNX is a CBS Radio news station in the Los Angeles market. Here is an excerpt: What was your career turning point? A huge turning point was when Paul Kangas called […]
