Wasting Charlie's time
Fox Business Network‘s Charles Gasparino attended the “The Great Recession: How Should Journalists Respond” seminar hosted by the Committee of Concerned Journalists, but he came away frustrated by the lack of interest by business journalists in questioning former Treasury secretary Henry Paulsen about what happened. Gasparino writes, “But rather, my esteemed colleagues from the journalism […]
Bloomberg columnist Reilly returns to WSJ "Heard on the Street" team
TALKING BIZ NEWS EXCLUSIVE David Reilly, a columnist at Bloomberg since the beginning of 2009 covering banks, accounting and the financial system, is returning to The Wall Street Journal‘s “Heard on the Street” team, an internal memo issued Tuesday afternoon confirms. In the memo, Thorold Baker, who oversees the 13-person “Heard on the Street” team, […]
Too much Buffett in biz media
Stanley Bing, the Fortune magazine columnist now contributing to TheStreet.com, writes about the oversaturation of billionaire investor Warren Buffett in the business media. Bing writes, “I read about him over the weekend in New York Magazine online, in regards to how funny he was in his rightly heralded annual letter. New York Magazine is a […]
Marketwatch.com launches newsletter
MarketWatch.com announced Monday the launch of “Revolution Investing,” a new premium newsletter targeting active investors and providing stock picks and commentary. “Revolution Investing” will be written by Cody Willard, a financial columnist and co-host of “Happy Hour” for the Fox Business Network. “The government’s influence on the economy has fundamentally changed over the past two […]
Footnoted founder: Quality matters
Laura McGann of the Nieman Journalism Lab interviewed Michelle Leder, the business journalist who founded Footnoted.org and sold it earlier this month to Morningstar. McGann writes, “In October 2008, Leder took a gamble on a new business model. ‘It became clear to me that advertising was never going to sustain the site,’ she explained. While […]
Biz media lose court ruling
Suzanne Barlyn of Dow Jones Newswires reports that business media such as Barron’s and Bloomberg have lost in a judge’s ruling as to whether documents could be unsealed that could shed light on charges that Mary Schapiro, now chairman of the Securities and Exchange Commission, misled brokers about terms of the Financial Industry Regulatory Authority’s […]
Ignore stock market reporting
Reuters blogger and market commentator Felix Salmon — who works for a company that spends a lot of time reporting about the markets — finds another reason to distrust market reporting in today’s New York Times. Salmon writes, “If you search the NYT for the phrase ‘Wall Street Follows European Markets Higher,’ you’ll find this […]
Biz stories among Polk winners
Two business news stories were among the winners of the George Polk Awards announced Monday by Long Island University. Kathy Chu of USA Today has earned the George Polk Award for Business Reporting for a series of stories documenting how banks and credit unions have used steep fees and unscrupulous credit card practices to profit […]
How the AP keeps helping Wall Street
Allan Roth writes on CBSMoneywatch.com that the Associated Press continues to report broad market returns without factoring in dividends, allowing Wall Street firms to make their performance look better in comparison. Roth writes, “What is particularly frustrating for me is that, in the many years of discussion with the various folks at the AP, no […]
Financial News, DJ property, redesigns
Robert Andrews of PaidContent reports Monday that Financial News, the Dow Jones site that covers the London securities markets, has unveiled a redesign. Andrews writes, “DJ bought the site, which was started in the 90s, from its founders in 2007. WSJ’s rival Financial Times, too, is still buying small independent publishers in specific trading communities. […]
