iClutter gets in the way of business news
TheStreet.com’s Marek Fuchs writes Monday that there were three major stocks were trading was halted last week, but no one knew about it because too many business journalists were busy covering the launch of the iPhone. Fuchs wrote, “After all, that’s what we had for the latter half of last week: incessant coverage of the […]
NYTimes media writer Siklos leaving for Fortune
Keith Kelly of The New York Post writes Wednesday that New York Times media writer Richard Siklos, who has been covering the News Corp./Dow Jones & Co. negotiations, is leaving the paper to work for Fortune magazine. Kelly wrote, “Siklos, who has been at the Times for two years, writes the Media Frenzy column for […]
The top 10 things you won't read about Dow Jones deal
TheStreet.com’s Jim Cramer writes Wednesday about the 10 things that The Wall Street Journal won’t be writing about when it comes to its parent company, Dow Jones & Co., and whether it will be sold to News Corp. CEO Rupert Murdoch or someone else. Cramer wrote: 1. The company gets the takeover bid and the […]
TheStreet.com cancels first round of contest
Louise Story of The New York Times writes Tuesday that TheStreet.com has canceled the first round of its stock picking contest “Beat the Street” due to cheating by some contestants. She wrote, “The financial news site did not disclose the tactics of the cheats, but it said that all participants of the first contest could […]
TheStreet.com could benefit from financial media M&A
The Seeking Alpha web site speculates that TheStreet.com could be an acquisition target due to interest in financial media properties in recent months as well as the growing interest in online trading. It wrote, “News Corp. bids for Dow Jones. Thompson buys Reuters. While TheStreet.com is certainly not in the same class as either of […]
Biased coverage in Dow Jones-Murdoch saga
TheStreet.com business media critic Marek Fuchs warns that much of the coverage about News Corp. CEO Rupert Murdoch‘s offer to buy Dow Jones & Co., the parent of The Wall Street Journal, has an inherent bias. Fuchs wrote, “On the issue of bias, there is clearly one against Rupert Murdoch. For his tabloid ethics and […]
Dow Jones would make sense for Buffett
TheStreet.com senior writer Mark DeCambre writes Friday that billionaire Warren Buffett, who has previously said he wasn’t interested in making a bid for Dow Jones & Co., the owner of The Wall Street Journal, would be a perfect owner for the business news publisher. DeCambre wrote, “But given the financial difficulties of the newspaper business, […]
Business media not good at calling end to trends
TheStreet.com’s Marek Fuchs writes Wednesday that the business media is typically wrong when it attempts to call the end to a trend. One example, he notes, was the coverage of the housing bubble, which many in the business journalism field predicted would pop about seven years ago. The latest example, he says, is a Wall […]
How to fix business journalism
Marek Fuchs, TheStreet.com’s media critic who was on a panel that I organized and moderated at the Society of American Business Editors and Writers annual conference on what’s wrong with business journalism, publishing his introductory speech Monday. In part, Fuchs wrote, “Here’s my solution. Though a wall exists between a news outlet’s journalistic and business […]
Biz sections need to stop writing so much about newspapers
Marek Fuchs of TheStreet.com writes Monday that one of the reasons why so many readers are ditching newspapers is that newspaper business sections spend too much time reporting about the newspaper industry. Exhibit A, he wrote, is the business section of the New York Times on Monday. He wrote, “Business news is probably the only […]
