Michael Diamond, a business writer at the Asbury Park Press, writes about how there’s little difference between business journalists and the people they cover.
“But it turns out, we were all in the same boat. No one had a very good grasp of economics. Not the consumer who signed on for a subprime loan. Not the CEO who signed off on bonuses with one hand and took taxpayer money with the other. Not the elected leaders who got so confused by, say, the financial services industry, they handed legislation over to the companies themselves.
“It continues, by the way, even with the Obama election. I was watching a couple of the Sunday morning shows yesterday and saw Vice President Biden and Rep. John Boehner, R-Ohio, plow through the details of their economic stimulus proposals. Before I could wrap my mind around what they had said, the host was onto the next topic. By the way, just once I’d like to see the host say: ‘I have no idea what you are talking about. Can you explain it again?'”
Read more here.
Reuters has won the National Headiner Award for business news coverage for its stories about…
Bloomberg News has hired Andrea Palasciano to cover European Union foreign policy and NATO. She will be…
The Financial Times has struck a deal with OpenAI to train artificial intelligence models on…
Business Insider editor in chief Nicholas Carlson plans to leave this summer, reports Maxwell Tani of Semafor. Tani reports,…
The Yale Program on Stakeholder Innovation and Management announced the appointment of Alan Murray, departing chief…
The Advocate is looking for a savvy reporter to cover the Baton Rouge business scene…