Another example of biz journalists not understanding numbers

TheStreet.com’s Marek Fuchs writes on yet another example of business journalists writing about numbers that they don’t seem to understand. The example comes from Monday’s New York Times, and the story is about newspaper advertising. As Fuchs points out, the positive number in the story — advertising revenue from newspaper web sites — is not […]

TheStreet.com looking for acquisitions?

By naming an executive vice president of mergers and acquisitions online financial and business news site TheStreet.com seems to be signaling that it’s looking to make deals to expand its operations. Steven Elkes was named the New York-based company’s first chief revenue officer and executive vice president of mergers and acquisitions, according to this release. […]

Biz media faces the music

TheStreet.com’s Marek Fuchs writes Friday that the business media’s coverage of Starbucks annual meeting showed how well an executive can get journalists to write what he or she wants. Instead of focusing on the issues at Starbucks outlined in a recent memo from chairman Howard Schultz, the business media decided to write about the coffee […]

More on Cramer spouting off

USAToday’s Matt Krantz takes a look Friday at “Mad Money” host Jim Cramer talking on a videocast on TheStreet.com about how he manipulated stocks and how business journalists are used by investors. (Note that Cramer back away from many of his statements Thursday.) Krantz wrote, “Cramer didn’t return messages left with CNBC or multiple e-mails […]

Cramer backs away from some, but not all, of his statements

“Mad Money” host Jim Cramer, who earlier this week was criticized for his comments on a videocast on TheStreet.com for saying that he performed unethical stock trading while running his fund and then later making disparaging remarks about business journalists, has backtracked somewhat. In an interview on the Don Imus radio show, he said that […]

Did Cramer manipulate stock prices?

The New York Post’s Roddy Boyd reports Tuesday that there’s a video of CNBC “Mad Money” host Jim Cramer making the rounds where the former trader seems to acknowledge manipulating stock prices. Boyd wrote, “The host of CNBC’s daily program ‘Mad Money’ had hedge fund-trading desks buzzing yesterday after he bragged about manipulating stock prices […]

Stop regurgitating what management says

TheStreet.com’s Marek Fuchs wants to know Monday why the business media seems to have a penchant for similar repeating what management says when it blames outside factors for its performance. Fuchs wrote, “But I’ve been fascinated by cruise ships as a business, and this morning, I must ask the question: When it comes to the […]

Maven: Where is history in Case story?

TheStreet.com’s Marek Fuchs, who goes by the moniker Business Press Maven, wants to know why BusinessWeek’s recent story on former AOL chief Steve Case ignored his past history. Fuchs wrote, “The excitable boys and girls at Business Week ran with this headline: ‘Steve Case Takes on the Credit Card Giants: His new GratisCard slashes fees […]

Barron's cover story missed the boat

TheStreet.com’s Marek Fuchs has plenty of issues with this weekend’s cover story in Barron’s on Harvard professor Niall Ferguson — primarily the premise of the entire thing. Fuchs wrote, “As Ferguson sees it, the news pages are filled with bad news and the business pages with good. This comes right after news pages spent two […]

Cramer expands web presence with section on CNBC site

Jim Cramer, who helped found TheStreet.com a decade ago and still writes regularly for its web site, now has his own spot on CNBC’s web site as well. The business news cable channel announced Monday that Cramer, the host of its “Mad Money” show, would have his own section on its web site, which was […]