Tag Archives: Awards
by Chris Roush
Three major investigative reports that used social science research methods to expose thousands of medical professionals who exploit Medicare for more money, shine a light on the growing gap between the rich and poor in the U.S., and uncover the tactics of Washington’s shadowy world of “political intelligence” firms were named Thursday as winners of the 2013 Philip Meyer Journalism Award.
First place is awarded to “The Prescribers” by Tracy Weber, Charles Ornstein, Jennifer LaFleur, Jeff Larson and Lena Groeger of ProPublica. After reviewing four years of Medicare prescription records, the team found that the drive to get drugs into patients’ hands overshadowed monitoring safety.
Second Place is awarded to Reuters’ “The Unequal State of America” by Deborah Nelson, Kristina Cooke, David Rohde, Himanshu Ojha and Ryan McNeil. This team of reporters offered startling insight into the nature of inequality in the United States and the role played by government in exacerbating or alleviating it.
Third Place is awarded to “Leaky Washington” by The Wall Street Journal’s Brody Mullins with Susan Pulliam, Tom McGinty, Michael Rothfeld, Jenny Strasburg, Scott Patterson and Christopher Weaver. For a year, the team delved deeply to reveal the extent of insider information provided sometimes unwittingly by the federal government to eager Wall Street traders.
The Meyer Award recognizes the best uses of social science methods in journalism. The awards will be presented on March 1 in Baltimore at the 2014 Computer-Assisted Reporting Conference. The first-place winner will receive $500; second- and third-place winners will receive $300 and $200, respectively. T
by Chris Roush
UCLA Anderson School of Management and the G. and R. Loeb Foundation invite journalists from print, online and broadcast media to submit entries in 14 competition categories and nominations for two career achievement awards for the 2014 Gerald Loeb Awards for Distinguished Business and Financial Journalism.
All competition categories are classified into either Platform Neutral or Platform Specific groups. Consideration is limited to entries that were published or broadcast in the United States during the calendar year 2013. All entries must be submitted online at www.loeb.anderson.ucla.edu by 11:59:59 p.m. PST on Monday, Feb. 10, 2014.
Nominations will also be accepted for: (1) the Lifetime Achievement Award, which recognizes exceptional career contributions in the field of business, financial and economic news; and (2) the Lawrence Minard Editor Award, which recognizes career contributions in business journalism editing.
by Chris Roush
Kevin Delaney has shown the world that quality business journalism available for free on the Internet does have a strong future.
As the editor in chief of Quartz, a business news site started in 2012 by The Atlantic, Delaney has built one of the fastest-growing news sites on the web, and he’s done it by focusing on providing business and financial news that no one else is doing. He’s also built the site to cater to those reading on mobile phones and tablets.
After just a year and a half in operation, Quartz now has 4 million monthly readers, surpassing long-established business news brands such as the Financial Times and The Economist. Its Daily Brief email has grown from 7,000 subscribers a year ago to nearly 50,000. A year ago, Quartz had 11,300 Twitter followers and 4,500 Facebook fans. It has now grown to 66,000 Twitter followers and 34,000 Facebook fans. And, its social reach is 150 million people.
Those numbers show that free, quality business journalism does have an audience, even online. And that’s why we’re naming Delaney the Talking Biz News Business Journalist of the Year for 2013. He beats out Peter Coy of Bloomberg Businessweek and Paul Vigna of The Wall Street Journal in a purely subjective selection.
“Kevin can’t resist a good idea,” says Zach Seward, senior editor at Quartz. “Get one in his head, and he won’t stop thinking about it, talking about it, or fighting to make it happen. He’s a joy to work for because, in the end, all that matters is whether the idea is any good. If it is, he’ll stand up for you. Oh, and there’s a cardinal rule about Kevin: If you get him anywhere near a whiteboard, he will start writing on it.”
Quartz is not your typical business news site, from the type of stories it covers to the technology used to tell those stories. It allows readers to annotate its articles. instead of leaving comments. Readers can also highlight parts of articles while linking to them.
It started Chartbuilder, a front-end charting application that facilitates easy creation of simple, beautiful charts used in stories like this on iPhone sales. Another application, Mapbuilder, allows reporters to place data on maps and could be open sourced next year.
Quartz plans to become profitable in 2015, less than three years after its launch, with advertising as its primary revenue. Its staff is across the globe, with reporters in Europe, Thailand and Hong Kong as well as the United States. Those journalists focus on what Delaney calls “obsessions,” or topics important to a global business professional.
“What we’re trying to do, and over the last year it has crystallized, is write things at the intersection of importance and interesting,” said Delaney in a phone conversation Monday afternoon. “We want to cover things that people will share. We’ve shown that in a year you can get to close to 5 million readers a month globally, and close to 40 percent of our readers are outside the U.S., with virtually no marketing and traffic support, just by writing stuff that is interesting
Internally, Delaney drills the staff on the “Quartz Curve” for its writing.
“People are interested in short focused things, of less than 500 words, that people are very likely to share, or long things, articles or more than 1,000 words, where there is a real payoff to the reader in terms of a narrative and analysis,” said Delaney. “We want to focus as much as possible on these two sides of things.”
An example of Quartz’s long-form journalism was a recent 7,800-word article by Steve LeVine on battery technology. “That was extremely popular when we ran it I think it’s pretty clear that there is a strong readership to be built up with readers from strong, serious in-depth journalism and writing things in the news that are more focused,” said Delaney.
Delaney is also proud of this Bitcoin explainer published Dec. 17.
Based in New York, Delaney came to Quartz from The Wall Street Journal, where he served as managing editor of WSJ.com, and as a reporter and senior special writer for the Journal, covering the Internet and other topics from the Paris and San Francisco bureaus. Early in his career, Delaney was a reporter for SmartMoney magazine and a TV producer in Montreal.
When he was hired to start Quartz, Atlantic Media president Justin Smith called Delaney “a brilliant journalist, digital strategist, and global thinker.”
Quartz has also held more than 15 events since launching, including The Next Billion conference, a full-day event exploring the societal and business implications around the next billion to come online through mobile devices in emerging markets.
While managing editor of The Wall Street Journal Online, Delaney was responsible for its editorial content and direction amid a period of rapid growth and successful expansion to new platforms such as the iPad.
Alan Murray, now president of the Pew Research Center but former executive editor of The Journal Online, recalled being impressed with Delaney despite his unassuming behavior.
“Kevin’s low-key personality masks a high-quality intellect, and a high-energy approach to journalism,” said Murray in an email Monday to Talking Biz News. “He was a superb reporter, and has now proven himself to be a superb manager and innovator ”
David Barstow of The New York Times and Brian Grow of Reuters were the 2012 co-winners of the Talking Biz News Business Journalist of the Year competition for their hard core company coverage.
Past winners of the Talking Biz News award have been Joseph Weisenthal of The Business Insider in 2011 for changing how business journalists deliver information to consumers and Andrew Ross Sorkin of The New York Times in 2010 for his insider coverage of Wall Street.
As for the whiteboards, Delaney says, “I find it easier to structure and explain ideas on whiteboards. And it shows we’re not stuck in the past and are expanding ideas.”
And then there are the glass-top tables in the Quartz conference rooms.
“What happens in meetings is that I take notes on the table,” said Delaney. “And then I take a photo on my phone before erasing the notes.”
by Chris Roush
The winners of the National Press Foundation’s annual awards include two entries from business journalist outlets.
There were two equal winners of NPF’s own Feddie Award, showing the impact of federal rules and regulations outside the Beltway. One winner was Bloomberg reporters Mark Drajem and Jack Kaskey who showed the consequences in West, Texas, when there was little federal oversight of toxic chemical storage at a manufacturing plant, but also little industry compliance with federal safety rules, resulting in a chemical explosion that killed 14 people.
The one-time only “Shutdown Feddie” award will go to The Wall Street Journal for a comprehensive look at the federal shutdown’s local impact, from declining customers at a tourism business in the Great Smoky Mountains to an Oregon company’s inability to get needed FCC approvals.
The winners will be honored at a dinner on March 5. All of the winners can be found here.
by Chris Roush
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 2014. He was selected by a committee led by former SABEW president Jill Jorden Spitz.
Past SABEW Distinguished Achievement Award winners include Carol Loomis of Fortune, Floyd Norris of The New York Times and Stephen Shepard of BusinessWeek.
Lewis graduated from Princeton with a BA in art history, and in 1985 received his master’s degree from the London School of Economics. Salomon Brothers hired him as a bond salesman shortly after. He moved to New York for training and witnessed firsthand the cutthroat, scruple-free culture that was Wall Street in the 1980s.
Several months later, armed only with what he’d learned in training, Lewis returned to London and spent the next three years dispensing investment advice to Salomon’s well-heeled clientele. He earned hundreds of thousands of dollars and survived a 1987 hostile takeover attempt at the firm. Nonetheless, he grew disillusioned with his job and left Salomon to write an account of his experiences in the industry. Published in 1989, “Liar’s Poker” remains one of the best written and most perceptive chronicles of investment banking and the appalling excesses of an era.
Since then, Lewis has found great success as a financial journalist and bestselling author. His nonfiction ranges over a variety of topics, including U.S./Japanese business relations (“Pacific Rift”), the 1996 presidential campaign (“Trail Fever”), Silicon Valley (“The New New Thing”), and the Internet boom (“Next: The Future Just Happened”).
Lewis won a Gerald Loeb Award in 2009 for feature writing. He also has written for Conde Nast Portfolio.
by Chris Roush
Bloomberg Businessweek reporter Brad Stone won the Financial Times and Goldman Sachs Business Book of the Year Award 2013 for “The Everything Store: Jeff Bezos and the Age of Amazon.”
The book is the definitive story of Amazon.com, one of the most successful companies in the world, and of its driven, brilliant founder, Jeff Bezos.
The award, which recognizes the book that provides “the most compelling and enjoyable insight into modern business issues,” was presented Monday evening to Stone in London by Lionel Barber, editor of the Financial Times and chair of the panel of judges, and Lloyd C. Blankfein, chairman and chief executive officer, The Goldman Sachs Group.
Stone won a £30,000 prize (about $48,297 as of today’s currency conversion rate). Each of the five runners-up received a check for £10,000 (about $16,099 as of today’s currency conversion rate).
“This is an inspirational business book which captures the culture of Amazon and the character of its founder Jeff Bezos,” said Barber in a statement. “A must-read for disrupters around the world.”
by Chris Roush
Fortune senior editor-at-large Carol Loomis was inducted into the Deadline Club’s New York Journalism Hall of Fame on Thursday.
Anne VanderMey of Fortune writes, “Loomis, who started at the magazine 60 years ago, was one of the first prominent female financial journalists. She began as a research associate at age 24 and climbed through the ranks, churning out influential stories. One piece compelled the government to begin releasing corporate-style annual financial statements. Another, in 1966, introduced the world to a new financial concept of a ‘hedged’ fund. In that story, Loomis first mentioned a relatively obscure company called the Buffett Partnership, touching off a long friendship with Omahan investor and sometime world’s richest man, Warren Buffett (see her book, Tap Dancing To Work).
“Her secret sauce: ‘I will confess that almost all my inspiration has come from one emotion, fear,’ she joked in her acceptance speech. ‘And terrible dread of the moment when I will finally be exposed as a fraud.’ Her salve has been a mammoth commitment to thorough reporting. ‘I have never met a document I don’t like,’ she wrote in a retrospective at the 51st anniversary of her Fortune start date. Fortune’s editors posited another theory: ‘Her colleagues know where these business-changing, Congress-stirring stories really come from: her conscience. Carol is the soul of this magazine.’
“Among her other honors are two Gerald M. Loeb Awards, the Gerald M. Loeb Lifetime Achievement Award, and the first-ever Henry R. Luce Award for Lifetime Achievement.
Read more here.
by Chris Roush
The 19th annual Best in Business competition from the Society of American Business Editors and Writers will open for entries on Monday, Dec. 2, 2013.
The contest, the largest of its kind, honors excellence in business journalism across all news platforms.
“Honoring the best work in business journalism is one of the most exciting and important things we at SABEW get to do,” said Joanna Ossinger, 2012 BiB committee chair and an editor at Bloomberg News.
Several new categories will be included, Ossinger announced Thursday.
“This year, I’m pleased to say we’re adding a new category to highlight the work of independent bloggers – and one that will recognize excellence in social media. We look forward to seeing many excellent entries in the contest.”
New categories include:
- Best Independent Blog- defined as a blog written by one to three people not affiliated with an established news organization
- Real-Time Reporting- focused on the use of social media in a breaking news event.
Rules and further category information will be released soon.
Judges awarded 136 winners a year ago and winners represented various publications, from the Providence Journal to The Wall Street Journal, from American Banker to National Underwriter Life & Health, from CNBC to Southern California Public Radio.
Bloomberg News and its related magazines, Bloomberg Markets and Bloomberg Businessweek, led with 14 wins; The New York Times had nine winners, and The Huffington Post and CNBC had five each.
Read more here.
by Chris Roush
At least five business news organizations have won Eppy Awards, which recognize the best of online media, from Editor & Publisher.
CNNMoney.com was named the best business and financial website with more than 1 million unique monthly visitors. Crain’s Chicago Business received the Eppy for best business and financial website with less than 1 million unique monthly visitors.
The Financial Times won the Eppy for best investigative/enterprise feature on a website with more than 1 million unique monthly visitors.
The Financial Times also won the Eppy for best mobile website with more than 1 million unique monthly visitors.
Reuters won the Eppy for besty mobile application with more than 1 million unique monthly visitors.
See all of the winners here.
by Chris Roush
Steve Chapple, who writes a monthly business column for the San Diego Union-Tribune, has been awarded a Kyoto Prize Journalism Fellowship
The fellowship will allow Chapple to visit Kyoto, Japan, next month to attend the 2013 awards ceremony, lectures and workshops of the Kyoto Prize – Japan’s highest private award for lifetime achievement.
The trip is designed to provide an opportunity for U.S. journalists to further their knowledge and depth of reporting in technology, science and the arts. Chapple will join U.S.-based science writer Gemma Tarlach, whose fellowship is sponsored by Point Loma Nazarene University. Both journalists will have opportunities to meet and interview the 2013 Kyoto Prize Laureates.
The Kyoto Symposium Organization leads a North American effort to conduct San Diego’s annual Kyoto Prize Symposium, which is co-hosted by PLNU and other major universities.
Chapple’s monthly “Intellectual Capital” column covers game-changing people, ideas and perspectives from a broad range of business segments. He is a contributor to notable magazines and newspapers including The New York Times, Los Angeles Times, National Geographic, San Francisco Chronicle, Outside and Conde Nast Traveler.
He is also the author of eight published books on topics ranging from river kayaking to the history and politics of rock and roll music.