Adam Levy is a principal with 30 Point Strategies, a communications firm with offices in Atlanta and DC. Levy was Atlanta bureau chief for Bloomberg News for 13 years and a senior writer for Bloomberg’s Markets magazine. He co-wrote the book “The People vs. Big Tobacco.” He won numerous regional and national journalism awards including a 2002 Gerald Loeb Award, business journalism’s highest honor. Before his journalism career, Levy was a securities analyst at Donaldson, Lufkin & Jenrette in New York, where he analyzed media, hotel and restaurant companies.
- Be like Bieber: Never ever say never. Ever
A recent item on Talking Biz News featured an anonymous former investment banker saying that “markets never move in response to a rating agency change….Never. Ever.” The ex-banker went on to intimate that you could spot a clueless business journalist if he or she ascribes a market move to a rating agency change. Well, maybe
- Pick your battles, Tesla and New York Times
The gloves came off last week after the New York Times hammered Tesla Motors’ Model S car in an article. Tesla Chairman and CEO Elon Musk used data logged by the car to conduct a point-to-point rebuttal of the negative review. The donnybrook was, if not enjoyable, unusual. Rarely does a CEO go to such
- Companies in glass houses…you know the rest
Hewlett-Packard Co. reacted swiftly to the news that Dell was going private in a $24.4 billion buyout. “Dell has a very tough road ahead,” the company said in a statement it issued. “Leveraged buyouts tend to leave existing customers an innovation at the curb.” Now, I know these two companies have a history of sparring
- Let’s stop using the word “exclusive” for our stories
The other night I sat down to read and watch the news – and the big story of the day was Lance Armstrong’s doping admission. First up for me was a venerable New York-based financial-centric newspaper who basically said they knew it all along, after all they had reported first in an “exclusive” that Lance’s
- Who got the story right on the Bangladesh factory fire?
Last Wednesday, on a flight to Washington DC, I read an article in both the Wall Street Journal and New York Times about the horrific fire in Bangladesh two weeks ago in which 112 people died in a factory producing clothes for Wal-Mart. Both articles were respectful of the tragedy and the magnitude of the