Coverage: Stock market drops after Trump adds China tariffs
U.S. stocks slumped on Thursday as President Donald Trump’s move to impose tariffs on up to $60 billion of Chinese imports drove fears about the impact on the global economy. Chuck Mikolajczak of Reuters had the news: Trump signed a presidential memorandum that will target the Chinese imports only after a consultation period. China will have […]
Cheddar is starting a cryptocurrency show
Cheddar announced Thursday the launch of “Crypto Craze,” a 30-minute weekly cryptocurrency show. “Crypto Craze” will air on Thursdays from 10:30 a.m. to 11 a.m. from the floor of the New York Stock Exchange. “Crypto Craze” will explore trading and investment strategies in cryptocurrencies. Prices of Bitcoin, Ethereum, Litecoin and other digital assets were volatile […]
Ossinger named editor for cross-asset group at Bloomberg
Joanna Ossinger has been named an editor for the cross-asset group, which covers markets globally, at Bloomberg News. Since December 2016, she has been managing a global team of 10 editors in the curation, live news and blogs group that coordinates the flow of Bloomberg News stories, making sure the right news goes to the right places. […]
Reuters hires Kelly to cover fuel markets
David Gaffen, the U.S. energy editor at Reuters, sent out the following announcement: I am delighted to announce that Stephanie Kelly will be joining the New York energy team to cover fuel markets. Stephanie comes over from the public finance team, where as a graduate trainee she has covered municipal bonds, public pensions and state […]
When Maria Bartiromo refused to be intimidated
Fox Business Network anchor Maria Bartiromo writes for Forbes about how some men tried to intimidate her when she covered the stock market from the floor of the New York Stock Exchange. Bartiromo writes, “Independent broker and then director of the NYSE board Mike Robbins comes to mind (may he rest in peace). He did […]
Writers who use financial news sites to manipulate stocks
Chris Carey of ShareSleuth.com writes about a small army of writers, both real and imaginary, who have systematically posted hundreds of bullish analysis pieces about the same small companies across investment news sites such SeekingAlpha.com and MotleyFool.com. Carey writes, “The headlines of many of those articles – as well as links to them — were picked up […]
TheStreet CEO: Newsroom mandate is to cover stocks that matter most
TheStreet.com CEO David Callaway made the following comments on Tuesday during its earnings conference call: The news room has weathered the step back of cost-cutting last year to emerge with a new mandate of covering the stocks that mean the most to our readers and subscribers and editor Bryan Sozzi and his team are working […]
Using technology and biz journalism to find problem companies
Max Frumes, the founder of Quant Media, writes about how he’s using technology and business journalism to report on problem companies before they become readily apparent. Frumes writes, “The intrinsic value of wrapping any such technology or alternative data source with content produced by journalists and/or technically skilled editorial staff comes from the journalistic mission: […]
Coverage: Gun company stocks facing pressure
Gun makers are again the center of a national debate over how to put an end to mass shootings, and their stocks are trading like things are different this time. Liz Moyer of CNBC.com had the story: Shares of gun makers follow a similar pattern. They drop in the immediate aftermath of a shooting and are […]
Lewitinn hired as editor in chief of cryptocurrency news site
Business journalist Lawrence Lewitinn has been hired as editor in chief of Modern Consensus, a new website covering the cryptocurrency and blockchain markets. Modern Consensus is the brainchild of Ken Kurson, who was editor in chief of the New York Observer from 2013 to 2017. Lewitinn was previously deputy editor of the Observer as well as […]
