Biz media needs to question Apple more about Jobs
TheStreet.com media critic Marek Fuchs questions why some media outlets like the Associated Press haven’t questioned Apple more about the health of CEO Steve Jobs and why he’s working at home after returning from a health leave.
Insana still pitching investors
Ron Insana, who returned to CNBC earlier this year after a failed three-year venture into hedge fund management, is once again asking investors for money, according to Bess Levin at Dealbreaker. Insana has teamed up with TheStreet.com to create an investment tool called Market Movers that allows people to invest alongside with the CNBC analyst. […]
TheStreet.com editor Morrow named to Reynolds chair
TheStreet.com editor in chief David Morrow has been named the first Donald W. Reynolds Endowed Chair in Business Journalism at the University of Nevada-Reno. Morrow has been at TheStreet.com since 2001, supervising a staff of 65 reporters and editors. The site has won numerous honors, including “best enterprise reporting” and “best commentary” from the Society of American […]
GM and Ford get pass with car sales coverage
TheStreet.com‘s Marek Fuchs thinks the business press went too easy on the automakers Wednesday in their coverage of May sales, which were still down by double digits.
New CEO of TheStreet.com will receive $425,000 base salary
Daryl Otte, the new chief executive officer of TheStreet.com, will receive a base salary of $425,000 and have the potential of earning a bonus up to $320,000, according to an SEC filing by the company late last month. Otte will also receive 650,000 restricted stock units as part of his employment agreement, the filing disclosed. […]
Why didn't the biz media question Dell's one-time charge?
Marek Fuchs of TheStreet.com posts a video about how business journalists didn’t question Dell’s recent one-time charge for “organization effectiveness” since it expects to take similar charges in the future.
TheStreet.com names CEO
TheStreet.com announced Tuesday that Darryl Otte, who has served as its interim CEO for the past three months, will become its permanent top executive. A story on its site stated, “Otte, 47, has served as a director of the New York-based company since 2001, and he previously served as the chairman of TheStreet.com’s audit committee. […]
TheStreet.com posts loss, revenue drops
TheStreet.com reported a first-quarter loss after posting a profit in the same quarter a year ago and said its revenues fell. A story on the financial news site stated, “For the first quarter ended March 31, total revenue was $14 million, down from $18.9 million in the same quarter of 2008. “TheStreet.com reported a loss […]
TheStreet.com editor in chief total pay rises 61 percent
TALKING BIZ NEWS EXCLUSIVE David Morrow, the editor in chief of TheStreet.com, received a 61 percent increase in total compensation in 2008. according to the company’s proxy statement. Morrow’s total pay was $495,157, up from the $294,548 he was paid in 2007. The proxy did not provide any compensation data for Jim Cramer, a co-founder […]
TheStreet.com lays off 18
TheStreet.com issued a statement disclosing that it had laid off 18 employees in a move designed to save $2.4 million annually. The company stated, “This reduction represents 18 positions, approximately six percent of the Company’s workforce, spread across various functions and locations. In addition, the Company is eliminating three positions that had previously been open. […]
