Update on murder trial of Forbes editor in Russia
The Los Angeles Times has a story this morning on the trial of former Forbes editor Paul Klebnikov in Russia in 2004. The trial started last month, but since that time it has been on hold because the judge was ill. Times staff writer Kim Murphy writes: “It is a testament to Klebnikov’s energy, curiosity […]
Valentine's Day business stories
Ahh, Valentine’s Day. The day that loved ones are supposed to show their affection for each other, and business sections are supposed to write smushy stories about the increase in business done by flower shops, restaurants, card shops and other establishments that see a boon in business every single Feb. 14. Here are some examples: […]
Two new editors at ACBJ papers
Charlotte-based American City Business Journals, which has weekly business newspapers in 41 markets across the country, has named two new editors. Ron Trujillo, a veteran California business journalist, has been named editor of the Sacramento Business Journal. Trujillo joins the Business Journal from the Press-Enterprise in Riverside, Calif., where he was business editor. Prior to […]
Barron's online to keep site free until Feb. 20
The Dow Jones subsidiary is hoping to attract more visitors to its online site by keeping it available to the general public before it cuts them off and makes everything available only to subscribers. They recently disclosed that they have 45,000 paying subscribers since they split the paid online away from the Wall Street Journal. […]
Washington Post story placement and the economy
The blog NewsBusters claims that the Washington Post puts good economic news on the front page of its business section and bad economic news on the front page of the paper. Tim Graham writes: “On Saturday, February 4, the great news about the jobless rate dropping to 4.7 percent, with the Post sub-headline explaining ‘Unemployment […]
News & Observer to cut weekend stock listings
The News & Observer, the newspaper in Raleigh, announced in its Sunday paper that it was cutting its weekend stock listings but also making some other changes to its business coverage. Executive Editor Melanie Sill stated the changes in her column. They are: 1. The week’s-end stock tables will appear Saturdays instead of Sundays. The […]
Real estate now being covered by real media
That’s the conclusion of Carol Lloyd, writing for the San Francisco Examiner, who writes, “Most media outlets that have attempted to cover the subject confine themselves to one area or another: Trade rags crunch the numbers, while decorator publications indulge in pure fantasy. ” But that’s changing, she claims. “Sure, newspaper reporters cover it as […]
Former business journalist to appeal conviction
The British journalist who was sentenced to six months in prison for insider trading plans to appeal his conviction, according to this wire report. The Associated Press reported, “James Hipwell was accused of manipulating the market by purchasing shares, promoting them in the Daily Mirror’s “City Slickers” column, then selling them and reaping the profits. […]
Wall Street Journal and Barron's ad lineage improves
Dow Jones reported today improved ad sales for its two flagship publications, The Wall Street Journal and Barron’s. Here is what the press release said: “Advertising linage at The Wall Street Journal, including Weekend Edition increased 8.0% in January due to increases in classified, technology and general advertising, partially offset by a decrease in financial […]
TheStreet.com reports first profitable year
TheStreet.com, the online business news service, has reported its first profitable year since its inception a decade ago when Jim Cramer and others helped found it. According to this report on NewYorkbusiness.com, “TheStreet.com earned $246,000, or 1 cent per share, for the year ended Dec. 31, compared with a loss of $2. 2 million, or […]
