Marketwatch reporter violates terms of investment deal?
A Wall Street Journal reporter wrote Friday that Marketwatch columnist Bambi Francisco apparently violated the terms of her agreement with the online business news web site by writing about companies in her column that use the service of the company she has a stake in. Matthew Karnitschnig wrote, “In a note prepared for employees last […]
Marketwatch columnist has stake in tech company
Greg Sandovel of CNET News.com has a story stating that Marketwatch columnist Bambi Francisco was allowed to take an ownership stake in a technology company last year after receiving permission from her editors. Sandovel wrote, “It’s unclear how large a stake Francisco received in Vator, which is backed by PayPal co-founder Peter Thiel. In an […]
Covering Apple's Jobs a tough gig
Marketwatch media columnist Jon Friedman takes a look at how Apple CEO Steve Jobs is covered by the business media and comes to the conclusion that it’s not an easy job. Friedman wrote, “Consider the ups and downs of Newsweek columnist Steven Levy, the author of last year’s ‘The Perfect Thing: How the iPod Shuffles […]
Dow Jones workers in Jersey City vote to join union
Employees of Dow Jones & Co., the parent company of The Wall Street Journal, Barron’s, MarketWatch and Dow Jones Newswires, in Jersey City have voted to join the union that already represents hundreds of business journalists at the company. Among the Dow Jones operations with employees in Jersey City are Dow Jones Newsletters and Dow […]
Making a mountain out of a mole hill
TheDeal.com executive editor Yvette Kantrow has a critique of the New York Times’ recent coverage of the subprime mortgage lending industry issues, noting that criticism of one analyst by reporter Gretchen Morgenson may be a bit overblown. Kantrow wrote, “The New York Post Tuesday reported Bear’s contention that Morgenson’s characterization of Coren’s research ‘was a […]
Dow Jones management to union: Contract ends in early April
The union representing business journalists at The Wall Street Journal, Barron’s and Marketwatch has sent an e-mail to its members noting that Dow Jones management has decided not to extend its contract while they are negotiating on a new one. The old contract expired Feb. 1 but was extended 60 days. The union offered to […]
Big increases in Dow Jones compensation packages
The top executives at Dow Jones & Co., the parent of The Wall Street Journal, Barron’s and Marketwatch, had a good year financially in terms of executive compensation, according to the company’s proxy statement, filed Friday with the Securities and Exchange Commission. CEO Richard Zannino receved total compensation of $4.16 million, up from the $2 […]
Dow Jones, union back at bargaining table
Dow Jones & Co. negotiators and the union that represents business journalists at The Wall Street Journal, Barron’s and Marketwatch are back at the bargaining table on a new contract Tuesday. Wall Street Journal reporter Jim Browning, who is chair of the union’s bargaining committee, posted his opening comments on the union’s web site. In […]
Former CBS reporter joins CNBC
Trish Regan is joining business news cable network CNBC as a general assignment reporter and fill-in anchor for its Business Day programming. “Trish’s experience and talent make her a great addition to CNBC” said Jonathan Wald, senior vice president of business news. “She combines savvy and expert business reporting with solid network news experience.” Prior […]
Former Fed chairman Greenspan still doesn't understand the biz media
Marketwatch’s Greg Robb points out that despite his success in managing the country’s economy, former Federal Reserve Board chairman Alan Greenspan still doesn’t understand the role of the press in the financial world. As a prime example, senior reporter Robb trots out Greenspan’s speech last week that sent the market roiling because he mentioned the […]