Talking Biz News
Information about business journalism, from the Carolina Business News Initiative.
Updated: 58 min 2 sec ago
Jason Abbruzzese, a web editor at the Financial Times for more than two years, has left the business paper for a job at Mashable. At Mashable, Abbruzzese will be a media reporter. His last day at the Financial Times was Friday. At the FT, Abbruzzese was Responsible for editing raw copy for content, style and
Janet Guttsman, the Canada bureau chief for Reuters, is leaving the news organization on Friday. She sent out the following message to the staff: Indulge me for a second as I say farewell after 26 years, four countries and some seriously exotic datelines. Friday is my last day in the office. The adventure started in
Keith Kelly of the New York Post writes about how Bloomberg News has run into trouble when it lets go of long-time journalists. Kelly writes, “‘The targets are the expensive old-timers — those who joined Bloomberg News 10 years ago or more,’ said one veteran who went to court after being given the old heave-ho.
Greg McCune, an editor in Chicago that is in charge of the Reuters America service, announced Friday that he is leaving the wire service after 29 years. In a note to business journalism friends, McCune wrote: I am writing to tell you that after 29 years, I am bidding fond farewell to Reuters. It has
Nikki Waller, the bureau chief for management and careers at The Wall Street Journal, sent out the following staff hire announcement on Friday: We are delighted to announce that Adam Auriemma will join The Wall Street Journal later this month as deputy chief in the Management bureau. In this key role, Adam will help drive
Some of Friday’s top business stories: New York Times Jobless rate lowest in 5 years, raising odds of a Fed move, by Nelson D. Schwartz Reuters Consumer sentiment jumps in Dec on improved economic outlook, by Ryan Vlastelica Consumer spending rises, but inflation muted, by Lucia Mutikani Bloomberg Sears plans to spin off Lands’ End
The U.S. gross domestic product grew more than expected in the third quarter. But some of the coverage wasn’t positive as reporters actually dug into the causes for the increase. Here’s the beginning of the Wall Street Journal story: The U.S. economy expanded significantly faster than initially estimated in the third quarter as businesses fattened
Michael Lews, the financial journalist for Vanity Fair who has written such best-selling books as “Liar’s Poker” and “The Big Short,” has been named the latest recipient of the Distinguished Achievement Award by the Society of American Business Editors and Writers. Lewis will receive his award at the SABEW annual conference in Phoenix in March
Ashby Jones of The Wall Street Journal reports that convicted Ponzi schemer Bernie Madoff disapproved of his hedcut in The Journal that accompanied a 1992 article. The disclosure was made at a trial Wednesday involving some of Madoff’s associates. Jones writes, “After asking whether the maneuvers helped the Madoff firm ‘dodge a bullet,’ (‘most certainly,’
Arif Durrani of MediaWeek examines how the Financial Times is preparing for a single global edition in 2014. Durrani writes, “Not everyone’s convinced by the global edition. Lorna Tilbian, the executive director at Numis Securities, says: ‘This one global edition might work for advertisers, but does it really work for readers? Don’t give me pages
John McDermott of Digiday spoke with Jessica Lessin of The Information about the new tech news site’s strategy. Here is an excerpt: There’s plenty of blogs and publications devoted to tech news. What’s missing? What we thought was missing was a publication geared toward professionals; people who either work in tech — entrepreneurs, executives, venture
The Daily Show’s Samantha Bee spoke with Gretchen Morgenson of the New York Times business desk about why most of the financial media — except for Bloomberg News — failed to cover a credit default swap deal by the Blackstone Group. She then asked the business desk of BuzzFeed how they would cover the story.
The Knight-Bagehot Fellowship in Economics and Business Journalism at Columbia University is now accepting applications for the 2014-15 academic year. The program offers qualified journalists the opportunity to enhance their understanding and knowledge of business, economics and finance in a year-long, full-time program administered by the journalism school. Fellows take courses at Columbia’s graduate schools
Toronto Star reporter Morgan Campbell talked with Jason Clinkscales of The Sports Fan Journal about his new sports business show, called “Sportonomics.” Here is an excerpt: TSFJ: At least Stateside, there have been at least several sports business shows that struggled to find their traction on television. What stands out about Sportonomics that will allow
Nicholas Carlson of Business Insider writes about The Information, the new tech news site launched by former Wall Street Journal reporter Jessica Lessin that is charging $39 per month for access. Carlson writes, “While all of us are laughing about how information wants to be free, Lessin and her colleagues are probably going to build
Some of Thursday’s top stories: New York Times China restricts banks’ use of Bitcoin, by Gerry Mullany The path to happy employment, contact by contact on LinkedIn, by Eric A. Taub Bloomberg Economy in U.S. grows at 3.6% rate on bigger inventories, by Victoria Stilwell LaGuardia flights on AMR said to go to Southwest, Virgin,
Joe Weisenthal of Business Insider writes Thursday about the mood at business news network CNBC in the wake of the departure of anchor Maria Bartiromo last week. Weisenthal writes, “One person who was at CNBC headquarters the day after Bartiromo’s departure actually described a widespread sense of ‘relief.’ “It’s not that Bartiromo was disliked. It’s
Peter Elkind of Fortune magazine examines what is going on at Bloomberg LP, the parent company of Bloomberg News. Elkind writes, “Winkler’s achievements are considerable. He has built a formidable operation that goes toe to toe with the Journal on breaking business news. Today, with 2,400 journalists operating from 150 bureaus in 73 countries (the
Reuters editor in chief Steve Adler sent out the following announcement on Thursday: I am writing to announce the following leadership changes and opportunities within our editorial organization: Dayan Candappa has been appointed as editor, the Americas, reporting to Paul Ingrassia. Over the last two-and-a-half years, as regional editor for Asia, Dayan has built a
David Nakamura of The Washington Post reports that journalists from Bloomberg News and The New York Times could be kicked out of China in the wake of critical articles by both news organizations about the business dealings of top government officials. Nakamura writes, “China has long held up visas or denied them to reporters in