NYT reporter's "recession" call was wrong, says critic

Tom Blumer, a CPA who contributes to the NewsBusters web site, points out Wednesday that New York Times reporter David Leonhardt‘s “call” six months ago that manufacturing in this country was in a recession was flat out wrong. Blumer, who posted parts of an e-mail he sent to David Cay Johnston of The Times, wrote, […]

The curse of the business press

Paul Brown of the New York Times writes Saturday that executives who are called the “best manager” or the “best performing” in the business media often see their stock price fall, according to a Cal-Berkeley/UCLA study. Brown wrote, “‘The stock market returns of award-winning C.E.O.s’ companies lagged those of their unheralded peers by about 4 […]

Got to get my picture on the cover

Wallace Immen of The Toronto Globe and Mail writes that there’s a golden payoff for an executive who gets a feature write-up in the business press or a photo on the cover of a financial magazine. That’s according to results of a new study of how the compensation of 1,500 CEOs of companies in the United […]

Impoco headed back to NY Times?

The Gawker web site reports that New York Times business editor Larry Ingrassia is trying to bring back former biz desk staffer Jim Impoco, who was fired last week as deputy editor of Conde Nast Portfolio by editor Joanne Lipman. Impoco was once in charge of the Times’ Sunday business section. Gawker wrote, “That would be […]

Portfolio gearing up webcasts for site

Maria Aspan of The New York Times reports Monday that the second issue of new business magazine Conde Nast Portfolio means that the publication is also gearing up more content for its web site. Aspan wrote, “According to Perri Dorset, a spokeswoman for Condé Nast, the daily business Webcast will be part of the refreshed […]

Eichenwald resigns from Portfolio magazine

Michael Calderone of The New York Observer reports that Kurt Eichenwald has resigned from Conde Nast Portfolio. Eichenwald is currently under scrutiny for making payments to someone who was involved in child pornography. Eichenwald wrote a story about the topic while at the New York Times. Calderone wrote, “Back in February 2007, Mr. Eichenwald was […]

More payments to source by former NY Times biz reporter alleged

Richard Perez-Pena of The New York Times writes Wednesday that a former business reporter at the paper apparently made a number of payments to a person who eventually became a source for a story about child pornography. The reporter, Kurt Eichenwald, now works for business magazine Conde Nast Portfolio. Perez-Pena wrote, “Bill Keller, executive editor […]

When biz reporters are columnists

TheDeal.com executive editor Yvette Kantrow doesn’t like the fact that mergers and acquisitions reporters such as The Wall Street Journal’s Dennis Berman and the New York Times’ Andrew Ross Sorkin sometimes write news and sometimes write columns filled with their opinion. Kantrow wrote, “Call us hopelessly old-fashioned, but we long for those now-ancient days when […]

Bruising battle ahead for NYT and FT

Matthew Creamer and Jeremy Mullman write in Advertising Age about the bruising competition for news and readers that the New York Times and Financial Times will face against a Wall Street Journal owned by News Corp. CEO Rupert Murdoch. They wrote, “While he’s said little about his plans for the Wall Street Journal and the […]

Fake Steve Jobs is Forbes senior editor

Daniel Lyons, a senior editor at Forbes magazine, has come forth as the writer of the Fake Steve Jobs blog that has captured the imagination of techies around the world — and attracted Jobs and Microsoft’s Bill Gates as readers. Brad Stone of The New York Times writes, “Mr. Lyons said he invented the Fake […]