Categories: OLD Media Moves

Bloomberg wins January Sidney award

The Sidney Hillman Foundation announced Wednesday that Leslie Patton of Bloomberg News has won the January Sidney Award for a hard-hitting side-by-side profile of a McDonald’s fry cook and the company’s CEO.

This “Tale of Two McDonald’s” shows how explosive growth of fast food has generated fat profits for executives and shareholders at the expense of front-line workers, who have been left behind.

After 20 years on the job as a fry cook, Tyree Johnson earns just $8.25 an hour, minimum wage in Illinois. Johnson is lucky to scrape together 40 hours per week because neither of the two McDonald’s he works for will give him full-time hours. Johnson would have to work over a million hours to earn as much as the company’s last CEO, who took home $8.75 million last year.

“The story was an important one to tell both about my beat and more broadly about growing income inequality,” said Patton, when asked if she was worried about writing such a critical story about an industry leader. “And the story was part of a Bloomberg series that examined how the top earners in this country have gained more than in past economic recoveries as the rich-poor gap has widened.”

Patton has worked for Bloomberg News for two-and-a-half years, mostly reporting on restaurants and other consumer companies. After receiving a BBA from the University of Michigan, she worked as a business analyst at Target Corp. for two years before going back to school. She earned an MSJ from Northwestern University in 2010.

The Sidney Award is given once a month to an outstanding piece of journalism about social or economic injustice, by the Sidney Hillman Foundation, which also awards the annual Hillman Prizes every spring.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

Recent Posts

Reuters seeks a fact-checking editor

Reuters is seeking an experienced editor to take part in our fact-checking project and support the…

2 hours ago

Making financial news more accessible

CNBC Make It reporter Ashton Jackson writes about ways to make financial news more accessible to consumers.…

14 hours ago

SABEW names Best in Business Book winners

The Society for Advancing Business Editing and Writing announced Wednesday the winners and finalists for…

19 hours ago

Business leaders turning away from traditional biz news outlets

Business professionals are turning away from traditional business media sources such as newspapers, magazines and…

20 hours ago

Wired seeks a reporter to cover tech companies

WIRED seeks a reporter to cover tech companies and their influence, with a particular focus…

21 hours ago

Austin daily hires Leonard as tech reporter

Karoline Leonard has been hired by the Austin American-Statesman as a technology reporter. Leonard graduated from…

1 day ago