UPDATE: BusinessWeek reporter calls and is mad; Overstock head responds on Internet again
The exchange between BusinessWeek e-commerce editor Tim Mullaney and Overstock.com president Patrick Byrne continued on late Friday, with Mullaney apparently calling the company’s Salt Lake headquarters upset that Byrne had posted his responses to Mullaney’s e-mail questions on the Internet. Apparently Mullaney didn’t learn his lesson the first time. Byrne has again responded online, on […]
The joys of being a business reporter
Got to love this small item in the Albany Times-Union this morning that begins with the headline “Realizing the synergy,” that reads: “One of the joys of being a business reporter is translating the industry jargon into English. “A recent local software company that describes itself as ‘a leading provider of fulfillment and integration solutions […]
Rockford, Ill., paper drops stocks for economic indicators
Beginning Thursday, the Rockford Register Star is dropping its stock and mutual fund listings for a one-page listing of economic indicators, according to an announcement in Sunday’s newspaper. The paper says that it will continue to publish about 1,140 stock listings and 190 mutual funds Tuesday through Friday. On Saturday, it will publish about 3,550 […]
Another one bites the dust: Newsday becomes big latest paper to cut stock listings
Newsday joins the Chicago Tribune and Providence Journal, which both announced in the past week that they were cutting the stock listings provided in the newspaper on a daily basis. Newsday made its announcement in this morning’s newspaper. Again, rising newsprint costs are being blamed. Here is what Newsday said: “We’re reducing our stock and […]
Falling down on the job on labor coverage
That’s the headline this morning in the Los Angeles Times’ opinion piece by Peter Dreier, a professor of politics and director of the urban and environmental policy program at Occidental College. The colum is in response to the Times’ four-part series earlier this week on the United Farm Workers that was highly critical of the […]
Is the Financial Times in trouble?
The London-based financial newspaper now has a new top editior in Lionel Barber, but it faces increased competition from a variety of sources and slumping readership in its home market, according to an item posted on Media Life. The piece states that Barber’s top job is “repairing the fortunes of the once most august and […]
Earnings season is about to start
Here are some suggestions on how to write earnings stories: It’s important to note that a company can use its earnings releases to put a spin on its performance. Sometimes a company will emphasize strong growth in revenue or sales to mask the fact that it spent a lot of money in the quarter on […]
The pros and cons of companies talking about M&A talks
The Fort Wayne Journal Gazette has an excellent article in today’s newspaper about the pros and cons of a company talking about whether it is involved in negotiations for a merger or acquisition. The paper had a local company that was rumored to be in such a deal. Repeateadly, apparently, the company said it didn’t […]
BusinessWeek, a CEO and the Internet as a medium
How strange is this? Tim Mullaney, the e-business editor at BusinessWeek, sends a detailed and exhaustive list of questions to Scott Blevins, Overstock.com’s director of public relations, via e-mail on Tuesday. The questions are intended for chairman and President Patrick Byrne and other company executives. Byrne responds — I do not know when, but obviously […]
CNN tops CNBC, Bloomberg TV and others in Europe
A survey of financial managers in large companies and senior executives in banks and other businessess finds that they are more likely to watch CNN for business news when traveling in Europe, according to this story. The study found: “In Europe, the international news network reached 72.1% of financial managers in large companies and senior […]
