TheStreet.com's profit doubles
Business and financial news web site TheStreet.com reported fourth-quarter profits that were more than double the same quarter in 2005, according to an AP story about the earnings. The story stated, “TheStreet.com earned $4 million, or 14 cents per share, in the fourth quarter, up from $1.8 million, or 7 cents per share, in the […]
The real test for the Fox Business Channel
Jonathan Berr, writing on bloggingstocks.com, makes the point that whether the upcoming Fox Business Channel is successful depends on how well it attracts viewers during slow business news days. Berr, a former reporter for TheStreet.com and Bloomberg, wrote, “The real test for Fox Business News won’t be how it reports earnings, corporate scandals or mergers […]
Biz media miss the obvious with Dell
TheStreet.com’s Marek Fuchs wants to know why the business press coverage of Michael Dell returning to the CEO spot of his computer company elicited no coverage about how easy it’s going to be for him to turn the company around. Fuchs wrote, “Recently, Dell announced a return to the head spot at his company, and […]
Business press wrong about weather and oil prices
TheStreet.com’s Marek Fuchs points out that Reuters and the Associated Press are getting it wrong when tying changes in the weather to prices for crude oil in the commodities market. Fuchs wrote, “Let’s start with a headline from this morning, careful not to ensnare our pant leg on too much nonsense. Reuters, in its infinite […]
Change in access at FT web site?
Louis Hau at Forbes noted that the Financial Times, which has typically made most of its editorial content available online to subscribers only, has recently begun offering more free access on its Internet site. Hau wrote, “The Pearson-owned Times typically provides only a limited selection of free full-length articles at FT.com, requiring a $110 annual […]
Yahoo expands personal finance coverage
Michael Liedtke of the Associated Press writes that Internet site Yahoo is expanding its personal finance coverage in a bid to attract more readers. Liedtke wrote, “The new money management package, scheduled to make its debut Thursday night, is being offered as an extension of Yahoo’s decade-old finance section – one of the Web’s top-ranked […]
New co-executive editor, other changes, at TheStreet.com
George Moriarty has returned to TheStreet.com as co-executive editor, according to a memo sent out Monday from editor in chief David Morrow. Tim Johnson is the other executive editor. Morrow stated, “George had been with us for five years, most recently as managing editor of RealMoney.com, before departing in the summer to be editor-in-chief at […]
How much was former Home Depot CEO really paid?
That’s the question that Dominic Jones wants answered, and he noted on his IR Web Report blog that he can’t get a straight answer from the business journalists who covered the ouster of Bob Nardelli from the Atlanta-based home improvement retailer. Jones wrote, “No one seems to know for sure, in part because the figures […]
Press declares that housing slump is over
Marek Fuchs of TheStreet.com points out that the business media have begun writing about the housing market as if it’s about to turn around when that may not be the case. Fuchs wrote, “The Business Press Maven is always highly critical of the business media for allowing a pattern of three to qualify as a […]
Amazon headline writers taking company's word
TheStreet.com’s Marek Fuchs writes that headline writers this morning are simply taking Amazon.com’s word for its revenue during the Christmas shopping season. Fuchs wrote, “Take the headlines written about Monday’s Amazon announcement, which in most cases appear to be just that: headlines superimposed on Amazon’s announcement. In this holy season, I thank God that at […]
