Bonuses to Dow Jones executives just plain wrong
Philip Stone writes on the Follow the Media web site that the news earlier this week that Dow Jones had given bonuses in the form of stock options to its top executives, as well as the publisher and managing editor of The Wall Street Journal, seems stupid? Why? The company has been laying off employees […]
Weiss: I don't see the problem with Bartiromo's flight
Forbes.com columnist Gary Weiss thinks that the controversy surrounding CNBC anchor Maria Bartiromo taking a plane trip with a Citigroup exec on its corporate jet is way overblown. Weiss wrote, “Maria may be, well….. a bit too close to one of the companies she covers. That, however, is hardly a hanging offense in journalism and […]
Berr: Bartiromo should be fired
Jonathan Berr, the editor of desperateinvestors.com, calls Friday for CNBC to fire Maria Bartiromo because of her close relationships with sources. Berr, a former reporter for Bloomberg News and TheStreet.com, wrote, “Maria Bartiromo, who rose to fame as CNBC’s Money Honey during the bull market of the 90s, should be fired for showing incredible lapses […]
Friedman wonders why CNBC isn't covering Bartiromo story
Marketwatch media columnist Jon Friedman points out something today about the Maria Bartiromo/Citigroup flap that no one else has bothered to note: Why hasn’t her own network, CNBC, covered the story? Friedman wrote, “Apparently, CNBC’s damage-control strategy is to hope that this unwanted intrusion will play itself out and simply go away. The network may […]
New column in LA Times biz section
Rick Wartzman, an Irvine senior fellow at the New America Foundation, has begun writing a new weekly column for the business section of the Los Angeles Times. The first one, which ran Friday, can be found here. A short note in the paper stated, “This weekly column, ‘California & Co.,’ will chronicle the state’s $1.6-trillion […]
CNBC moves to defend Bartiromo
New York Times reporter Geraldine Fabrikant takes a close look at CNBC anchor Maria Bartiromo and her association with Citigroup in Friday’s newspaper. Bartiromo’s trip on a Citi corporate jet is apparently what led to the ouster of one of its executives earlier this week. Fabrikant reported that it wasn’t the first time Bartiromo had […]
How to play business journalists like a fiddle
Someone pointed out a Q&A interview between Salesforce.com CEO Marc Benioff and Forbes writer Victoria Murphey Barret to me today, but I’m just now getting around to reading it. The interview was posted this morning, and it includes comments from Benioff on how to present a company to the media. Benioff provides the following suggestions […]
NY Post biz editor moves to metro slot
New York Post business editor Dan Colarusso, who has been the biz section editor for the past two years, was named the metropolitan editor of the paper, according to a short story. In the story, editor in chief Col Allan stated, “Dan is a quintessential New Yorker who has helped position The Post’s business section […]
Business journalism stinks
Advertising Age’s Nat Ives is reporting that the Wall Street Journal is working on technology that will allow them to sell, and print, scratch-and-sniff ads in the business newspaper. Ives wrote, “The scented Wall Street Journal won’t be the first olfactory offering among newspapers. But until now, broadsheets and tabloids have only been able to […]
Ad revenue up at WSJ, Barron's in December
Dow Jones reported Thursday that advertising revenue was up at both The Wall Street Journal and at Barron’s in December. A release stated, “Advertising revenue at The Wall Street Journal increased 6.1% in December on a 1.3% decrease in advertising linage. Increases in financial, general and classified advertising linage were partially offset by a decrease […]
