Categories: OLD Media Moves

Sharesleuth returns with update

Sharesleuth, the investigative business journalism Web site started in 2006 by former St. Louis Post-Dispatch business reporter Chris Carey and funded by billionaire Mark Cuban, has posted its first story in the past six months.

However, it’s just a brief update about a Xethanol Corp., a company that the web site has written repeatedly about. The previous story was posted on the site on June 19, 2007. Back then, the story was about a private company.

Says Carey in an e-mail: “Look for a brand new investigation in a few weeks.”

The site has been criticized by some journalists because Cuban has stated that he will short the stocks that the site investigates before the stories are published and use the profits from his trading to fund the site. The June 2007 was the first story in which Cuban did not have an investment.

At that time, Carey also said that the site would be posting more investigations. However, those never materialized.

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

Kudlow to remain at Fox Business

Fox Business host Larry Kudlow has no plans to leave his role amid reports detailing…

10 hours ago

Wired senior writer Meaker is departing

Morgan Meaker, a senior writer for Wired covering Europe, is leaving the publication after three…

21 hours ago

CNBC’s head of events departing after 28 years

Nick Dunn, who is currently head of CNBC Events as senior vice president and managing…

21 hours ago

WSJ taps Beaudette to oversee business, finance and economy

Wall Street Journal editor in chief Emma Tucker sent out the following on Friday: Dear…

1 day ago

NY Times taps Searcey to cover wealth and power

New York Times metro editor Nestor Ramos sent out the following on Friday: We are delighted to…

1 day ago

The evolution of the WSJ beyond finance

Rahat Kapur of Campaign looks at the evolution The Wall Street Journal. Kapur writes, "The transformation…

2 days ago