Categories: OLD Media Moves

Reporter returns to Inky from Bloomberg

Joe DiStefano, a business reporter who left the Philadelphia Inquirer nearly a year ago to join Bloomberg News, is returning to the newspaper, beginning Monday, according to an internal announcement.

Business editor Tony Gnoffo wrote in an e-mail: “Joe DiStefano, the tenacious, source-laden, news-breaking business reporter who left his Inquirer editors nearly weeping when he departed last year for Bloomberg News, will return to The Inquirer on Monday.

“For his first task, he’ll be the lead reporter on a December special section that will parse the financial health and economic impact of Philadelphia’s biggest companies. After that, he’ll take on a beat yet to be determined. Please join me in welcoming Joe on his return to Broad Street.”

DiStefano covered the credit card industry and consumer credit for Bloomberg, and was based out of the Wilmington, Del., bureau. Last year, DiStefano had the unenviable task of covering the sale of Knight-Ridder, the parent company of the Inquirer at the time, to McClatchy.

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.

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  • Thanks for your kind notice. Belatedly, I need to point out that my job for most of my stint at Bloomberg was covering Citigroup and JPMorgan, Chase & Co. on the Finance team in New York, culminating in my November Bloomberg Markets Magazine cover story on the problems and pressures facing Citigroup CEO Charles Prince, who resigned soon after. I was initially hired to write about credit card and consumer lending in Wilmington, but I was quickly reassigned. Sincerely, Joe DiStefano, Philadelphia.

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