Trying to make sense of the Fed
Federal Reserve Chairman Ben Bernanke’s speech in Jackson Hole, Wyo., on Friday revealed the central bank was poised to take further action to help the economy. In what several described as uncharacteristically strong language, Bernanke called continuing high unemployment rate a “grave concern” and indicated the bank was poised to take action to stimulate the […]
Hey biz media, give credit where it’s due
The New York Times published a front-page piece on Aug. 13 about credit cards and robo-signing. Banks got in trouble for improper reviews of foreclosure documents and now it seems that practice extended beyond the mortgage area at some firms. The article by Jessica Silver-Greenberg alleges that companies like American Express and Discover are using […]
Translating earnings into easy-to-understand articles
Arthur Brisbane, the public editor of the New York Times, writes Sunday about how business journalists decipher earnings releases into stories. Brisbane writes, “If you are a reader of these stories, you can be forgiven for not knowing what to think. The problem is not new, but it is changing. Veteran business journalists trace some […]
Help NYT’s tech columnist Pogue find his iPhone
New York Times tech columnist David Pogue is asking his readers to help him find his lost iPhone. Brian Caulfield of Forbes writes, “‘My phone was stolen,’ Pogue tweeted Thursday to his 1.45 million followers on the Twitter social messaging network. ‘Anyone want to help me track it down?’ “Pogue included an image showing his […]
VC firms have become publicity hounds
Nicole Perlroth of The New York Times writes Monday about how venture capital firms, which onced shunned publicity, are now courting the business news media. Perlroth writes, “Now, up and down Sand Hill Road, venture capitalists, many of whom once shunned publicity, suddenly seem starved for it. In the last year alone, Sequoia hired Andrew […]
NYT personal tech editor to join Bloomberg Businessweek
Sam Grobart, the personal technology editor at the New York Times, is leaving the paper’s business section to work at Bloomberg Businessweek. Larry Ingrassia, the Times business editor, sent out the following memo to the staff on Thursday: We are sorry to tell you that Sam Grobart has accepted an offer from Bloomberg BusinessWeek to […]
Henriques to receive SABEW award
Diana B. Henriques, an award-winning financial journalist and author of The Wizard of Lies, the New York Times bestseller about the Bernie Madoff scandal, will receive the Distinguished Achievement Award this year from the Society of American Business Editors and Writers, the organization announced. The award, which is SABEW’s highest honor, is given annually to […]
CNBC’s Kernen: Krugman owes us an apology
CNBC anchor Joe Kernen says that the network deserves an apology from New York Times columnist Paul Krugman, who slammed it on his blog for asking tough questions during his appearance Wednesday. Bonnie Kavoussi of The Huffington Post writes, “‘When someone disparages an entire network because he’s asked to defend his views I think the […]
Schwartz to join NYTimes economics reporting team
New York Times business editor Larry Ingrassia and deputy business editor Winnie O’Kelley sent out the following staff announcement on Friday: We are happy to announce that Nelson Schwartz will join our team of economics reporters. Nelson, who came to The Times in 2007 from Fortune magazine, brings a wealth of knowledge to the economics […]
Business news coverage and the Facebook IPO
Arthur Brisbane, the reader representative of The New York Times, writes for Sunday’s paper about how it could have done a better job of being skeptical about the Facebook initial public offering. Brisbane writes, “One journalist who did focus intently on the risks before the I.P.O. was Eileen Brown, a social media business consultant who […]
