NYTimes urges Bancrofts to reject Murdoch offer
In an editorial Sunday, the New York Times urged the Bancroft family that controls Dow Jones & Co., the parent of The Wall Street Journal, to reject the $5 billion offer from News Corp. CEO Rupert Murdoch to sell the company. The editorial stated, “A particularly excellent example of what is at stake appeared on […]
NYTimes biz staff has fun with fake WSJ front page
Mary Ann Akers, who writes “The Sleuth” blog on the Washington Post website, has discovered that a staff member of the New York Times business desk made a mock front page of The Wall Street Journal to show what it would look like if owned by News Corp. CEO Rupert Murdoch. Akers wrote, “Larry Ingrassia, […]
Possible members of a Dow Jones independent editorial board
Richard Perez-Pena of The New York Times writes for Thursday’s paper that the issue of an independent board to oversee the editorial operations of The Wall Street Journal remains the key issue in whether its parent company, Dow Jones & Co., gets sold to News Corp. CEO Rupert Murdoch. The Bancroft family that controls Dow […]
Minority of Bancrofts could block sale
Floyd Norris of the New York Times writes Monday that a minority of the Bancroft family members could block Dow Jones & Co.‘s sale to News Corp. He projects it could happen if there are Bancroft family members owning 9.1 percent of the Class B shares who refuse to sell the owner of The Wall […]
NYTimes reporter moves to new beat
New York Times business reporter Laura Holson has a new beat covering the communications, wireless and entertainment industries, according to a memo from business editor Larry Ingrassia. Ingrassia wrote, “The revolution sweeping the communications world is changing the way that we live and work, and is likely to be one of the biggest business stories […]
Media outlets back Trump author, seek to overturn ruling
The Associated Press is reporting that a number of media outlets are behind a move to have a judge’s ruling overturned that would require a New York Times business journalist who wrote a book about Donald Trump to overturn confidential sources. The AP story stated, “Trump won the ruling from the state judge handling his […]
BusinessWeek news editor leaves for NYT Sunday section
Patricia Kranz, the national news editor at BusinessWeek, is leaving the glossy to become deputy editor of the New York Times Sunday Business section, according to a memo posted on the Romenesko site. The memo from Sunday Business editor Timothy O’Brien stated, “Patty is a complete pro, described by colleagues at BusinessWeek and admirers at […]
New SABEW board members elected
Miami Herald business editor Lisa Gibbs, University of North Carolina professor Chris Roush, Dow Jones Newswires reporter Dawn Wotapka Hardesty, CNBC reporter Rebecca Jarvis and SmartMoney.com editor Ray Hennessey were elected for the first time to the Society of American Business Editors and Writers board on Tuesday. Re-elected to the board were Seattle Times business […]
Ineptness at Dow Jones put them in this pickle
New York Times columnist Joe Nocera writes Saturday that it’s the fault of the Bancroft family and past management at Dow Jones & Co., the parent of The Wall Street Journal, that has caused News Corp. CEO Rupert Murdoch to come along with an offer to buy the company. Nocera wrote, “Although there are four […]
Henriques to receve Elliott Bell Award
Diana Henriques of The New York Times will receive the Elliott V. Bell Award from the New York Financial Writers’ Association next month at its annual dinner. The award is given “to an outstanding journalist for a significant long-term contribution to the profession of financial journalism.â€? The dinner will be June 1 at the Marriott […]
