Bad coverage of McDonald’s February sales
TheStreet.com media critic Marek Fuchs says that beside the Wall Street Journal, none of the business media accurately covered the February same store sales data from McDonald’s.
Bad coverage of McDonald's February sales
TheStreet.com media critic Marek Fuchs says that beside the Wall Street Journal, none of the business media accurately covered the February same store sales data from McDonald’s.
TheStreet.com signs contributor to royalty deal
TheStreet.com signed signed contributor and hedge fund manager Doug Kass to a new long-term, royalty-based agreement. A story on its site states, “Kass, a longtime contributor to TheStreet’s network of sites, will shift to a compensation structure in which he will earn royalties based on the revenue derived from the company’s RealMoney Silver subscription service, […]
Cramer steps down as chair of TheStreet.com
Jim Cramer, a co-founder of TheStreet.com and host of “Mad Money” on CNBC, has stepped down as chairman of the board of the financial news site’s parent company. Cramer will remain on the board, but he’s being replaced as chair by Christopher “Woody” Marshall. Marshall is general partner at Technology Crossover Ventures, a private equity […]
Behind TheStreet.com’s new logo
John Pavlus writes on the Fast Company design blog about financial news site TheStreet.com‘s redesigned logo. Pavlus writes, “When you want a new logo that’s going to be an indisputable slam-dunk — as opposed to… well, you know — you go to Pentagram. Specifically, Pentagram partner and graphic-design titan Paula Scher. In a world where […]
Cramer forgoes salary, bonus for royalty payments
TheStreet.com founder Jim Cramer has a new, three-year employee contract that began earlier this month where he won’t be paid a salary or a bonus from the financial news site and will instead be paid a royalty fee based on the revenue produced from one of its subscription products. In addition, the host of CNBC’s […]
Understanding when news is driven by underwriting
TheStreet.com media critic Marek Fuchs doesn’t understand why the media is falling all over themselves to report the analyst research coming out about General Motors when it is primarily from firms that underwrote its initial public offering.
Disclosures in business journalism
Here are some disclosures about potential conflicts of interest that have appeared in or after business news stories in recent weeks: 1. Story on Dow Jones Newswires about MySpace: MySpace is owned by News Corp., which also owns Dow Jones & Co., publisher of this newswires and the Wall Street Journal. 2. Biotech writer Adam […]
Focus on continuing operations when it comes to P&G's earnings
TheStreet.com media critic Marek Fuchs complains that too many business journalists didn’t focus on Proctor & Gamble’s earnings from continuing operations when writing about its recent earnings.
Airline industry coverage is too simplistic
TheStreet.com media critic Marek Fuchs doesn’t like how the business media covers the airline companies, calling much of the coverage simplistic.
