No progress in Dow Jones talks
The union that represents business journalists at The Wall Street Journal, Barron’s and Marketwatch reported that negotiations on Wednesday did not result in any progress toward a new contract. In an updated posted on its web site, the Independent Association of Publishers Employees wrote, “Two weeks ago, we presented the company’s negotiators with detailed new […]
New Dow Jones chairman talks
M. Peter McPherson, the incomg chairman of the board at Dow Jones, the parent company of the Wall Street Journal, Barron’s and Marketwatch, talked to the Michigan State University paper, The State News, about his new duties. McPherson is the former president of the university. Here are some excerpts: The State News: President McPherson, what […]
Outgoing Dow Jones chairman gets $1.6 million in stock
Dow Jones & Co., the parent of The Wall Street Journal, Barron’s and Marketwatch, filed an 8-K late Friday that disclosed it was giving outgoing chairman Peter Kann $1.6 million in stock, the Associated Press reported. The AP story stated that it gave Kann, who was CEO of the company until the beginning of 2006, […]
CNNMoney.com has most traffic of biz news sites
CNNMoney.com was the most visited business-destination Web site of 2006, according to 12-month averages of the Nielsen/NetRatings Financial News and Information category, a story in Direct Marketing News stated. Nicole Smith wrote, “The site beat competitors Forbes.com, Marketwatch.com, BusinessWeek.com and WSJ.com in number of unique visitors, page views and gross-usage minutes. “CNNMoney.com hopes to solidify […]
Overstock CEO gets creepy with attacks on biz reporters
Bloomberg columnist Susan Antilla writes Wednesday about the recent tactics taken by Overstock.com and CEO Patrick Byrne in attacking business reporters he believes are in cahoots with naked short sellers driving down his stock price. Antilla wrote, “Googlers got a little surprise last week if they went trolling for information about author Gary Weiss, a […]
Time for biz writers to write about business
Thomas Kostigen of Marketwatch says it’s time for business journalists to stop writing about the Maria Bartiromo/Citigroup controversy and to start writing about business. Kostigen wrote, “Frustrated business news journalists — which is to say pretty much all business news journalists — are having a field day with the firing of Citigroup’s Todd Thomson, head […]
Who will watch Fox Business Channel?
Frank Barnako of Marketwatch wonders Tuesday just exactly who will be watching the announced, but not yet airing, Fox Business Channel. Barnako wrote, “What happens if the bull starts panting and runs out of steam? The “small investors” who have been writing down Cramer’s latest ‘Mon back’ or ‘Sell! Sell! Sell!’ and the guys from […]
Barnako: CNBC staff need agents
Marketwatch media writer Frank Barnako muses that the newly announced Fox Business Channel will come after some of the talent at rival business cable news network CNBC. Barnako wrote, “If you’re working at CNBC and don’t have an agent yet, get one now. The 45th richest man in the world is shopping for talent.” Later, […]
Fox makes it official: Biz network will launch in fourth quarter
News Corp. finally issued a press release Thursday afternoon stating that its Fox Business Channel would hit the airwaves in the last three months of this year. The release stated, “Presently, FOX Business Channel has 30 million subscribers under contract after securing distribution agreements with multiple cable operators, including: Time Warner; Comcast; Charter, and Direct […]
Friedman: Claman is the anti-Bartiromo
Marketwatch media columnist Jon Friedman profiles CNBC anchor Liz Claman on Wednesday and comes away impressed with her low-key personality and demeanor, which he says is in stark contrast to Maria Bartiromo. Friedman wrote, “By contrast, the unpretentious Claman, who joined CNBC in 1998 and now anchors ‘Morning Call,’ almost seems out of place in […]
