Categories: OLD Media Moves

Reuters’ Fed reporter is leaving

Pedro da Costa, an economics and Federal Reserve Board reporter for Reuters, announced Wednesday that he is leaving the news service.

In an email to his colleagues, da Costa wrote:

I will miss and always cherish the place and people that turned me from a just a kid trying to make it New York City into a journalist who can say he spent nearly 13 years at one of the coolest, most unique news organizations in the world.

The subject line of da Costa’s email was: “Command comma T: I’m out.”

In the old Reuters DOS-based publishing system, known as Decade, staffers would hit the command key, which is the “~” button, then the comma, then lowercase “t.” That would sign you out of the system.

Da Costa also spent six years covering the markets for Reuters. He has a bachelor’s degree from the University of Chicago and a master’s degree in international relations from the University of California, San Diego.

In 2001, he received a Deadline Club Award for Online Enterprise Reporting from the Society of Professional Journalists’ New York chapter for “The Ties that Bind at the Federal Reserve,” which exposed lucrative leaks from Fed insiders to former staffers in the private sector and led to an official policy change at the central bank.

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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View Comments

DudeAbides says:
November 11, 2013 at 4:08 pm
Command comma t was actually the command you used to send a story to the wire. It took three key strokes so you had an extra chance to make sure you didn't make a mistake. I believe command z logged you off. Just sayin'