Kansas City Star biz columnist retiring
Jerry Heaster, dean of The Kansas City Star’s business desk, is retiring — bringing an end to a long and distinguished career in business journalism. He wrote more than 5,000 columns in the past 27 years, according to a story in this morning’s paper. Star reporter Chris Lester wrote, “Heaster, 67, cited health issues as […]
Son of BusinessWeek chief of correspondents dies tragically
I have known Jim Ellis, the chief of correspondents at BusinessWeek, for more than a decade. When I was at the magazine, he was in the Chicago bureau, but he soon came to New York and was considered the heir apparent to Keith Felcyn, who was the chief of correspondents in the early 1990s. Jim’s […]
What reporters will cover the Enron trial?
When there is a big trial, the big names of the media show up. Geraldo Rivera. Nancy Grace. Think of the throng of reporters at the O.J. Simpson trial. That’s not likely to happen for the Enron trial, says Claudia Feldman of the Houston Chronicle. The business reporters get this assignment. She writes: “Many of […]
Wall Street Journal tidbits from earnings release
Dow Jones released its fourth-quarter earnings today, and disclosed the following pieces of information about the Wall Street Journal: 1. Losses from the Weekend Edition of The Wall Street Journal, launched Sept. 17, were about five cents per share in the fourth quarter. 2. Advertising linage at the U.S. Wall Street Journal, including Weekend Edition, […]
New job for former NYTimes biz editor
Glenn Kramon, who had been the business editor at the New York Times, will become the assistant managing editor for enterprise, according to this press release. He had been associate managing editor for career development at the Times since 2003. Kramon became business editor of The New York Times in 1997, supervising the paper’s daily […]
BusinessWeek has decline in advertising
In McGraw-Hill’s earnings release out today, there was this item about advertising in BusinessWeek, its flagship publication: “Advertising pages at BusinessWeek declined 18.8% in the fourth quarter and 12.8% for the year, according to the Publishers Information Bureau. For revenue recognition, there were 50 issues in 2005 compared to 51 in 2004.” That’s not a […]
Trump sues New York Times reporter over book
New York real estate developer and TV personality Donald Trump filed a defamation lawsuit against New York Times business reporter Timothy O’Brien, who recently wrote a book about Trump, and O’Brien’s publisher, Warner Business Books. Trump, who issued a news release this morning announcing the lawsuit, stated that O’Brien has defamed Trump, specifically when it […]
Potential buyer for The Financial Times
Terry Smith, who heads a brokerage firm in England, is interested in leading a bid to buy the business newspaper should it come up for sale, according to an article in The Observer, another British newspaper, on Sunday. The Observer wrote: “Smith’s interest in the FT comes at a time when Pearson and its chief […]
And another one gone: Denver Post cuts stock listings
Joining the Chicago Tribune, Providence Journal, Newark Star-Ledger, Newsday and others, the Denver Post announced in today’s paper that it was cutting its stock listings. Unlike some other papers, it appears that the Post is cutting stock listings altogether and won’t provide them in a truncated form in the paper. This is the first newspaper […]
New SEC regs on exec comp won't help, says Toledo Blade editorial
Anytime a daily newspaper other than the Wall Street Journal bothers to write an editorial about a proposed Securities and Exchange Commission regulation, it’s time to stand up and notice. The Toledo Blade on Friday wrote an editorial criticizing the new SEC proposal requiring companies to disclose executive compensation perks. The Blade editorial reads in […]
