Dow Jones management budges slightly on wage proposal
Dow Jones management, which is currently negotiating with the union that represents business journalists at its Wall Street Journal, Barron’s and MarketWatch publications, nudged a bit on Tuesday in terms of what it offered for future salary increases. According to an update on the union’s web site, “We are seeing some additional signs of movement […]
Harvard prof: Business journalism is watchdog that bites
Gregory Miller, a professor of accounting and management at the Harvard Business School, has a recent research article where he argues that the business press is diligent in exposing corporate misdeeds. “The press is important in uncovering these things, they uncover a third of them in advance, and they even create the original information in […]
Vocal minority wants stock listings back
Maria Aspan in the New York Times writes that the Washington Post and the Wall Street Journal, after cutting their stock listings, brought back some of those statistics after a vocal minority complained. Aspan wrote, “‘We always had in mind that we would see what the reaction was,’ said Sandra Sugawara, The Post’s assistant managing […]
CNBC's coverage is cozy to business
David Carr writes in the Monday New York Times that what Maria Bartiromo did by flying in the Citigroup corporate jet is typical for a media outlet that has cozied up to its beat. Carr wrote, “CNBC has positioned itself as an adjunct to business, the glowing friend in the corner with the sound off […]
Toronto Star names new business editor
Mark Heinzl, a former business reporter for the Wall Street Journal in its Toronto bureau, has been named the Toronto Star’s new business editor, according to a story in Saturday’s paper. Nicolaas Van Rijn wrote, “The current debate about a fair minimum wage in Ontario proves how vital business is to the everyday lives of […]
Bonuses to Dow Jones executives just plain wrong
Philip Stone writes on the Follow the Media web site that the news earlier this week that Dow Jones had given bonuses in the form of stock options to its top executives, as well as the publisher and managing editor of The Wall Street Journal, seems stupid? Why? The company has been laying off employees […]
Weiss: I don't see the problem with Bartiromo's flight
Forbes.com columnist Gary Weiss thinks that the controversy surrounding CNBC anchor Maria Bartiromo taking a plane trip with a Citigroup exec on its corporate jet is way overblown. Weiss wrote, “Maria may be, well….. a bit too close to one of the companies she covers. That, however, is hardly a hanging offense in journalism and […]
Berr: Bartiromo should be fired
Jonathan Berr, the editor of desperateinvestors.com, calls Friday for CNBC to fire Maria Bartiromo because of her close relationships with sources. Berr, a former reporter for Bloomberg News and TheStreet.com, wrote, “Maria Bartiromo, who rose to fame as CNBC’s Money Honey during the bull market of the 90s, should be fired for showing incredible lapses […]
New column in LA Times biz section
Rick Wartzman, an Irvine senior fellow at the New America Foundation, has begun writing a new weekly column for the business section of the Los Angeles Times. The first one, which ran Friday, can be found here. A short note in the paper stated, “This weekly column, ‘California & Co.,’ will chronicle the state’s $1.6-trillion […]
CNBC moves to defend Bartiromo
New York Times reporter Geraldine Fabrikant takes a close look at CNBC anchor Maria Bartiromo and her association with Citigroup in Friday’s newspaper. Bartiromo’s trip on a Citi corporate jet is apparently what led to the ouster of one of its executives earlier this week. Fabrikant reported that it wasn’t the first time Bartiromo had […]
