Biz journalism education in South Africa

Met this evening with Manoah Esipisu, a senior Reuters journalism based in Johannesburg who is also teaching a business journalism class at the Department of Journalism and Media Studies at the University of the Witwatersrand in thw downtown area. The journalism class he teaches, which is an honors course, is one of only two related […]

Pearson buys Mergermarket to improve FT

London-based Pearson Plc has acquired Mergermarket, a company that specialized in providing data on mergers and acquisitions, in an attempt to improve the data being offered to subscribers of its Financial Times newspaper, according to a Reuters story. The Reuters story stated, “Mergermarket’s flagship product combines data about corporate mergers and acquisitions from around the […]

Actress criticizes Fortune list, but what list?

Reuters is reporting that Mexican actress Salma Hayek is criticizing a list from Fortune magazine that shows the richest Latin Americans, but there is no such list published by the glossy. And, thinking that maybe the Reuters reporter had confused Fortune for Forbes, I checked the recent Forbes list of highest-paid celebrities, but Hayek is […]

When biz journalists go to Sun Valley

Business journalists have flocked to Sun Valley, Idaho to “cover” Allen & Co.’s annual investment conference, even though they aren’t allowed on the premises, noted the Idaho Mountain Express. Staff writer Greg Moore wrote, “This year, The New York Times, the Los Angeles Times, the New York Post, The Associated Press, Bloomberg, Reuters and CNBC […]

Dow Jones beats Reuters and Bloomberg in British survey

Financial professionals from dealing rooms and investment banking operations across England have rated Dow Jones Newswires as the “Best Newswire Serviceâ€? in the 2006 Dealing Room Survey, conducted by Kimsey Consulting. Dow Jones Newswires’ real-time coverage, commentary and analysis of the world’s financial markets was rated the best financial news service overall, beating competitors Bloomberg […]

Analyst report: Fox Biz News channel to launch in 2007

News Corp.’s Fox News plans to launch a business news channel by the middle of next year, according to an analyst report on Tuesday that cited recent comments by the network’s chairman and chief executive, Roger Ailes, Reuters is reporting. “Mr. Ailes noted an early-to-mid calendar 2007 target for the launch of a Fox Business […]

Dow Jones wants to decrease reliance on print

Dow Jones & Co., which publishes the Wall Street Journal, Barron’s magazine and a group of local daily newspapers, wants to decrease its dependence on print products to below 50 percent of total revenue from 70 percent now, according to comments made Tuesday at the Newspaper Association of America’s Mid-Year Media Review and published in […]

Lions Gate earnings: Up or down?

Marek Fuchs, The Business Press Maven for TheStreet.com, uncovered one of the ugly incidents in business journalism in the past week: Two wire services reporting a company’s earnings in two completely different ways. I’ll let Fuchs, who in my opinion is quickly rising among business journalism critics, take it from here: “Woe are we. Here […]

Potential successor to Reuters CEO Tom Glocer?

Reuters Group PLC named Devin Wenig as its new chief operating officer, and a Dow Jones Newswire story notes that Wenig is considered the likely successor to current CEO Tom Glocer. Dow Jones reporter Jessica Hodgson wrote, “Wenig, who is seen by some analysts as a likely successor to Glocer in the event of his […]

Thomson purchases AFX business news wire

Electronic publisher Thomson Corp. is buying the AFX News Ltd. business news agency from Agence France-Presse for an undisclosed amount, the companies said on Wednesday.