Marketwatch founder joins Xinhua Finance board
Larry Kramer, the founder of business news web site Marketwatch.com, is joing the board of Xinhua Finance Media, the parent of Market News International, according to a release Thursday from the company. Market News International, which has its primary newsroom in New York, covers the bond markets around the world. It also covers federal banks. […]
Dow Jones insider trading case important to SEC
David Scheer of Bloomberg writes that the insider trading case against acquaintances of a Dow Jones & Co. board member who allegedly disclosed that News Corp. would make an offer for the parent of The Wall Street Journal, Barron’s and Marketwatch before it became public is an important case for the Securities and Exchange Commission. […]
Disagreement among WSJ union leaders
The New York Observer’s Felix Gillette writes Monday that there is disagreement among the leaders that represent business journalists at The Wall Street Journal, Barron’s and Marketwatch as Journal reporter Jim Browning sent out an e-mail Monday stating that the contract that the union leaders voted to accept this weekend is not the best contract […]
Union recommends Dow Jones journalists ratify contract offer
The union that represents business journalists at Dow Jones & Co. properties such as The Wall Street Journal, Barron’s and Marketwatch is recommending that its members ratify the latest contract offer. In an e-mail message, the union stated, “The IAPE Board of Directors has voted to send the Dow Jones contract offer , as amended […]
Dow Jones and union close to agreement
Richard Perez-Pena of The New York Times writes Friday that the union representing business journalists at The Wall Street Journal, Barron’s and Marketwatch is close to an agreement with parent company Dow Jones & Co., on a new contract. Perez-Pena wrote, “The board of the union, the Independent Association of Publishers’ Employees, is scheduled to […]
Celebrating 20 years in business journalism
Marketwatch editor David Callaway writes Thusday about the changes in business journalism in the past 20 years, harking back to the day when he was on the business desk of the Boston Herald and the stock market dropped 500 points back in October 1987. Callaway wrote, “Business journalism took off in the late 1980s, then […]
Dow Jones talked to virtually anybody with a pulse
Dow Jones & Co., the parent of The Wall Street Journal, Barron’s and Marketwatch, talked with 21 other potential partners or bidders before agreeing to sell to News Corp. CEO Rupert Murdoch, according to an SEC filing. Sarah Ellison of The Journal wrote, “The filing, made Friday, didn’t identify any of the companies that contemplated […]
The Bartiromo-Burnett rivalry
Marketwatch media columnist Jon Friedman examines the rivalry between CNBC anchors Maria Bartiromo and Erin Burnett and notes that the business news cable network has a lot at stake and is counting on its two stars. Friedman wrote, “These anchors have helped it build an audience among the institutional Wall Street crowd. CNBC has become […]
Dow Jones deal clears hurdle
Dow Jones & Co., the owner of The Wall Street Journal, Barron’s and Marketwatch, announced Tuesday evening that its acquisition by News Corp. has cleared a major regulatory hurdle. Its release stated, “Dow Jones & Company and News Corporation announced today that the Premerger Notification Office of the Federal Trade Commission granted early termination on […]
Dow Jones board member is replaced
The Dow Jones & Co. board member who resigned to protest selling the parent company of The Wall Street Journal, Barron’s and Marketwatch to News Corp. CEO Rupert Murdoch has been replaced, Reuters writes. The story noted, “Dow Jones, which owns The Wall Street Journal, Barron’s, Marketwatch.com and Dow Jones Newswires, in a regulatory filing […]