Always ask the dumb question
David Carr of the New York Times writes for Monday’s paper that there were a few business journalists, like Alex Blumberg and Adam Davidson of public radio, asking the dumb question of why banks were lending money to people who couldn’t repay the loans before the market crashed. Carr writes, Blumberg “decided to do the story […]
Business TV's challenge is to explain and provide answers
Brian Stelter of the New York Times writes Sunday about how business journalists on television have struggled to provide explanations and answers to viewers in the past week about the Wall Street turmoil. Stelter writes, “Jonathan Wald, the senior vice president for business news at CNBC, said the network’s priority remains getting information to viewers […]
Ratings, readers up big due to Wall Street turmoil
Andrew Hampp of Advertising Age writes Wednesday about the big increases in readers and viewers seen by business media outlets in the past week due to the economic turmoil. Hampp writes, “CNBC, for instance, saw ratings for the 3 p.m. hour of its Wall Street news program ‘Closing Bell’ increase 70% last week, up 254,000 […]
Books being pitched by biz journalists on Wall Street crisis
Leon Neyfakh of the New York Observer writes that a number of prominent business journalists, including Joe Nocera of the New York Times and Bethany McLean of Vanity Fair, are already pitching books about last week’s Wall Street turmoil. Neyfakh writes, “One comes from Times business columnist Joe Nocera and Fortune’s Bethany McLean, who decided […]
NYTimes expands online tech and economics coverage
The New York Times announced Tuesday a major expansion of its online technology and economics coverage, and a new blog covering business and the environment. In addition, in the coming months, NYTimes.com will also expand the Small Business, Personal Technology and Your Money sections; introduce more journalists; deepen coverage within its DealBook franchise; and continue […]
NYTimes retracts Morgan quote
Paul Tharp of the New York Post writes Friday that a quote used in a New York Times story about Morgan Stanley has now been retracted. Tharp writes, “The editors of The Times ran an embarrassing note yesterday discrediting one of its most attention-getting stories about the Wall Street crisis: that troubled Morgan Stanley wanted a […]
Strong ratings continue for CNBC
Brian Stelter of the New York Times notes that CNBC‘s strong ratings have continued throughout the week even as Wall Steret starts to calm down. Stelter writes, “Through the first three days of the week, half a million viewers have been watching CNBC during the business day, nearly double the number that watch on an […]
NYT to pick up Breakingviews column dropped by WSJ
Robert MacMillan of Reuters reports Wednesday that the New York Times has decided to pick up the Breakingviews.com column that had run in The Wall Street Journal until it was dropped earlier this year. Breakingviews.com covers British and European financial news. MacMillan wrote, “The column will run daily in the Times as well as the […]
Business press finds its voice in covering Wall Street shakeup
Dean Starkman of Columbia Journalism Review writes that the business media has acquitted itself well in covering the downfall of Lehman Brothers and the sale of Merrill Lynch, as well as the overall malaise on Wall Street. Starkman writes, “The business press is doing an able job—The Wall Street Journal and The New York Times, […]
Critic: Lehman media coverage sloppy
TheStreet.com media critic Marek Fuchs writes Monday about the coverage of Lehman Brothers fall from grace and finds it riddled with errors. Fuchs writes, “Though The Business Press Maven can normally dwell on other people’s mistakes forever, I’ll limit myself to four mistakes of either fact or theme: “CNNMoney went with this dumbbell of a […]
