Biz media and Black Rock: Spurring negotiations
Yvette Kantrow, the executive editor of The Daily Deal, has some of the best insights into how the business media cover corporate America, particularly when it comes to deals. She recently dissected the coverage of Morgan Stanley’s aborted negotiations to acquire Black Rock. Kantrow believes that it was that coverage that led to Merrill Lynch […]
CNBC's Ron Insana to leave anchor desk
The cable network announced in a press release this morning that the well-liked Ron Insana will stop being an anchor and instead become a “senior analyst” at the business channel. The release states, “Insana will offer daily commentary on the biggest economic and business news stories. He will appear on the network’s signature morning broadcast, […]
NY Guild reaches deal with Consumers Union
This is from the New York Newspaper Guild web site: “In much swifter talks, a five-year settlement with Consumers Union has been ratified by the membership in a 143-3 vote. There were two abstentions. “The CU agreement, which calls for 18.76% in compounded wage hikes, was wrapped up in 11 bargaining sessions spanning five months. […]
SABEW board candidates announced
There are 10 candidates for the seven open board seats for the Society of American Business Editors and Writers. The positions will be voted on at the annual conference the first weekend in May in Minneapolis-St. Paul. Here are the 10 candidates: 1. William Ahearn, an executive editor at Bloomberg News. He is responsible for […]
New executive editor at Business North Carolina
Frank Barrows, the former managing editor of the Charlotte Observer, has been hired to be the executive editor of Business North Carolina, a monthly magazine also based in Charlotte. (Disclosure: I write freelance articles for Business North Carolina, including a monthly sports business column.) The editor of the magazine, David Kinney, has been looking to […]
Staff changes at The Financial Times
Neil Hume will leave London newspaper the Guardian in May to lead coverage of the London stock market for The Financial Times. The latest appointment follows a series of staff changes announced by the Financial Times this week as it aims to strengthen its UK companies and markets team. Sarah Spikes is joining the FT […]
Wall Street Journal media reporter leaving for New York magazine
According to the Gawker blog: “Dashing Joe Hagan, the media-reporting up-and-comer who only nine months ago left the peach playpen of The New York Observer, where he’d been the NYTV columnist, to take over the media beat at The Wall Street Journal, is now set to leave the Journal and become a contract writer at […]
Innovation journalism fellows named
Stanford University has started a program to teach journalists how to write better about how innovation affects the business world and the larger society. It named its first fellows for the program today. The press release states: “The fellows represent influential newsrooms in Sweden and Finland, together with the U.S. ranked as the most competitive […]
How did Barron's affect Google's stock price?
Here is the power — and the weakness — of the financial press: Other media are reporting that weekly newspaper Barron’s critical article about Google is the reason why its stock fell. The Associated Press wrote: “Shares of Google Inc. fell nearly 5% yesterday after Barron’s warned factors such as heightened competition, ad-pricing pressures and […]
Criticizing the Barron's piece on Google
The Internet chat rooms focused on stocks have been lit up this week about the drop in Google’s stock price, which began with a critical piece in the most-recent issue of Barron’s. Now, others in the financial press are jumping into the fray, questioning why the story was written. Andrew Feinberg, who writes a blog […]
