Yahoo Finance hires two biz reporters

Yahoo Finance has hired to business journalists to work on its finance news desk.

Rick Newman was hired from U.S. News & World Report. He is “doing GA stuff and has already written a dozen or so pieces for us,” said Finance editor in chief Aaron Task.

Newman had written for U.S. News for more than 15 years, covering corporate and consumer trends from the magazine’s New York bureau. He was also the magazine’s car reviewer.

Newman frequently wrote about bellwether firms such as General Motors, Yahoo!, Hewlett-Packard, IBM, The Carlyle Group, and the nation’s major airlines, focusing on issues that impact consumers. He has also played a key role in the expansion of the magazine’s online business coverage.

From 1995 through 2001, Newman was U.S. News’s chief Pentagon correspondent, covering wars in Bosnia and Kosovo and reporting from military bases, ships, airplanes, and submarines around the world. He helped anchor the magazine’s 9/11 coverage and the subsequent wars in Afghanistan and Iraq.

In addition, Aaron Pressman has been hired from Reuters. Task says he is going to be a senior reporter, focusing on technology sector.

Pressman has been a journalist focused on business, technology and investing for over 20 years, writing for the new services Reuters and Bloomberg and publications such as Wired, The Industry Standard and The Christian Science Monitor.

After five years working on the staff of BusinessWeek magazine, where his “Investing Insights” blog won the silver medal for best blog of the year from the American Society of Business Publication Editors in 2007, Pressman was a Boston-based correspondent for the Reuters News service.