WSJ cuts means threats to consumer reporting

The cuts at the Wall Street Journal last week on its personal finance desk signal a threat to consumer reporting, writes Drew Harwell of The Washington Post. Harwell writes, “Personal-finance advice is far from extinct. The digital era has seen a proliferation of blogs such as the Billfold and Consumerist in offering financial guidance, budgeting […]

Solomon leaves WSJ for PR firm Finsbury

Deborah Solomon, an editor for The Wall Street Journal in its Washington bureau, has left the newspaper. She starts Monday with strategic communications firm Finsbury as a principal and will be based in Washington and New York. Solomon had left the Journal in 2012 for a job at Bloomberg View, but she returned to the […]

Bloomberg TV’s Cook to join Pentagon

Bloomberg TV chief Washington correspondent Peter Cook will join the Pentagon as spokesman, according to an announcement sent on Friday. Claudia Milne, global head of Bloomberg Television, wrote: Please join me in congratulating our chief Washington correspondent, Peter Cook, who will join the Pentagon as spokesman next month. This is an incredible opportunity for Peter […]

Pharmalot blogger among WSJ layoffs

Ed Silverman, who covers the pharmaceutical industry and writes the Pharmalot blog, was among those laid off by the Wall Street Journal on Thursday. His last day will be July 18. According to the union that represents Journal reporters, the layoffs included nine reporters, four special writers, two senior special writers, and one video journalist. […]

Red shirt day at Consumer Reports

Dozens of News Guild of New York members at Consumer Reports magazine marched in solidarity Thursday to a management staff meeting. They were displaying their anger over the  management’s decision to lay off 12 of their colleagues Wednesday, including several long-term employees who seniority. The Guild has said it has identified savings that could had […]

Tensions rise at Bloomberg

Kevin Dugan of The New York Post writes about the mood at Bloomberg News. Dugan writes, “The morale was made worse when Bloomberg brass shunted aside some of its top Washington reporters, like Annie Linskey and Jeanne Cummings, as the former mayor pressed for an expansion of a New York-based politics team. “The reporters there […]

Resnick promoted to editor of Pensions & Investments

Executive editor Amy Resnick has been promoted to editor of Pensions & Investments, a Crain’s publication. She had been executive editor for the past three years. She replaces Nancy Webman, who has become editorial director. A veteran financial journalist, Resnick previously worked as Americas editor of IFR magazine, a Reuters publication that focuses on capital […]

WSJ closing bureaus, consolidating economics coverage, cutting back on personal finance

Wall Street Journal editor Gerard Baker sent out the following message on Thursday: The media environment in which we operate continues to change at a dizzying pace. New media proliferate and business models are disrupted, dismantled and reconstructed with lightning speed. For traditional news organizations, it is no longer sufficient – if it ever was […]

Layoffs occurring at WSJ

Joe Pompeo of Capital New York reports Thursday that layoffs are happening within the Wall Street Journal newsroom. Pompeo writes, “Tim Martell, executive director of the Indepenent Association of Publishers’ Employees, a union that represents 477 U.S.-based members of the roughly 1,800-person combined global newsroom of the Journal and Dow Jones’ Newswires, told Capital management […]

Bloomberg reporter memo lays bare the newsroom bureaucracy

Here is a copy of the memo written by Bloomberg reporter Dawn Kopecki to editors: To: Marty Schenker, Josh Tyrangiel CC: D.C. Bureau From: Dawn Kopecki Re: Washington D.C. Bureau Restructuring Bloomberg News is without a doubt in the midst of major shift as the news organization stumbles its way through a new media world […]