Magazine covers as investment tools
Barry Ritholtz, who is president of a money manager in New York and writes a blog called “The Big Picture,” has an interesting comment today about using the covers of major magazines as indicators of how to invest. Ritholtz notes that there are 56 covers of major magazines with Apple’s Steve Jobs on the front. […]
The Catch-22 of business news departments
Steven Silvers, a public relations professional in Denver, has an interesting comment on his blog today about the difficulty in dealing with business news departments and what it means for businesses and others trying to get their story into the paper. His premise is that although there are more media outlets today, there are fewer […]
Seattle Times wins business award
The Scripps Howard Foundation named its National Journalism Awards today, and the Seattle Times won in the business and economics reporting category. Biotechnology reporter Luke Timmerman and investigative reporter David Heath exposed a little-known but insidious practice that had been growing on Wall Street: Looking to get an investing edge, elite Wall Street firms paid […]
Scoops on AT&T/BellSouth deal became obsolete
The practice of a company or a public relations person giving certain media outlets a scoop on a deal or a major announcement has been something that has left a sour taste in my mouth for years now, even when I was on the receiving end of such largesse. Such backslapping deals are almost always […]
Foreign country or company: What's the difference?
Apparently Fox News’ Neil Cavuto has a hard time distinguishing between the two in his coverage of the Dubai company that wanted to take over control of six ports here in the United States. Fox Hounds reports, “For somebody in charge of a business show, Neil Cavuto has a tough time understanding the difference between […]
Ugly coverage of IKEA store opening in Cali
The Sacramento Bee notes that coverage of an IKEA store in the area, notably from the local television stations, bordered on the boosterish and gave the furniture company free advertising. The coverage reminded me of stories I would read in the late ’90s and early part of this decade when a Krispy Kreme doughnut store […]
Barron's online editor: Financial journalism moving online
Howard Gold is leaving Barron’s Online after editing the Internet version of the financial publication for nearly a decade. In his farewell column, Gold revisits six predictions he made in 1998 about the Internet revolutionizing the media landscape, notes The Media Stock Blog. Here are a couple of them, courtesy of Media Stock Blog, since […]
SEC commissioner backs off biz journalists
SABEW President Jon Lansner, who is also a business columnist with the Orange County Register, spoke with SEC chairman Christopher Cox on Monday about the recent brouhaha surrounding the regulatory body’s subpoenas of business journalists for one of its investigations. Lansner’s conclusion is that business journalists should not be worried; Cox does understand the role […]
New Mexico biz writer's perspective on a new beat
Kyle Marksteiner, a reporter with the Carlsbad Current-Argus is becoming a business writer, and he’s somewhat nervous about his new beat. Marksteiner writes in this morning’s newspaper: “The business beat can be the toughest assignment at a newspaper. Let’s be honest, people get a little edgy when it comes to their business. This is understandable. […]
How Wal-Mart and other businesses use blogs
New York Times business writer Michael Barbaro writes, “Under assault as never before, Wal-Mart is increasingly looking beyond the mainstream media and working directly with bloggers, feeding them exclusive nuggets of news, suggesting topics for postings and even inviting them to visit its corporate headquarters. “But the strategy raises questions about what bloggers, who pride […]
