Consumer Reports will use experts in the future
Katherine Seelye of the New York Times reports that Consumer Reports magazine, reeling from an embarrassing mistake earlier this year, will now try to use more outside experts when it evaluates products. Seelye wrote, “But yesterday, the magazine said that its quest for independence had kept it from reaching out to experts who might have […]
Shhh! Portfolio's contents a well-guarded secret
The New York Observer’s Michael Calderone wrote in Wednesday’s paper that the contents of the upcoming first issue of Conde Nast Portfolio is being closely guarded. However, well-known writer Tom Wolfe has a piece on hedge funds, while Kurt Eichenwald is writing about terrorism. Calderone wrote, “‘People understand why they want secrecy, but it’s also […]
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 […]
Frontrunners to replace Steiger as WSJ's newsroom leader
Speculation in The Wall Street Journal’s newsroom is building about who will replace managing editor Paul Steiger as the head of its editorial operations. A winner in the race is likely to be announced in the next couple of weeks. Who replaces Steiger is closely watched in business journalism because the position is considered to […]
Biz media absent from South by Southwest Interactive conference
Daniel Terdiman of CNET News writes on his media blog that the business media are noticeably absent from the South by Southeast Interactive conference in Austin, Texas, this week, primarily because they don’t understand its significance. Terdiman wrote, “Other than CNET News.com, Wired, the San Francisco Chronicle and one or two other regional outlets, most […]
Wired magazine set to relaunch web site
Michael Arrington of the TechCrunch blog has a review of the new Wired magazine website, which is scheduled to be unveiled soon. Arrington wrote, “We expect at least part of the new design and functionality to be released later this week, and have obtained rather fuzzy screen shots of how it might look. “The first […]
Steiger receives SABEW award
Paul Steiger, The Wall Street Journal’s longest-serving managing editor, will receive the 2007 Distinguished Achievement Award from the Society of American Business Editors and Writers at its 44th annual conference in Anaheim, Calif., May 22. Steiger will be honored for decades of service to the Journal, the nation’s top business newspaper, and his tireless dedication […]
Unemployment coverage is lacking
Les Russ, writing on the Watching the Watchers web site, wants to know how the business media can write so positively about the recent unemployment statistics from the Bureau of Labor Statistics when they show a decline in the civilian labor force and an increase in those not in the labor force. In other words, […]
Portfolio writer plans libel lawsuit
Kurt Eichenwald, the former New York Times investigative business reporter who now works at Conde Nast’s soon-to-be-launched Portfolio magazine, is planning a libel lawsuit against another journalist, reports Janet Whitman of the New York Post. Whitman wrote, “Eichenwald said the reporter, Debbie Nathan, falsely accused him on Wednesday in a New York magazine article of […]
Gretchen Morgenson and the subprime mortgage bust
University of Illinois law professor Larry Ribstein, a frequent critic of New York Times business journalist Gretchen Morgenson, takes aim at her weekend column about the impending collapse of the mortgage industry. Ribstein wrote, “The gist today is that the mortgage market is on the verge of collapse, with serious consequences to the real estate […]
