Tag Archives: Awards

National Press Club

Bloomberg, WSJ win National Press Club awards


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.

Michael Lewis

Lewis named SABEW Distinguished Achievement Award winner


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.

Brad Stone

Businessweek’s Stone wins Book of the Year


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.”

Carol Loomis

Loomis inducted into NY Journalism Hall of Fame


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.

Loomis, who is 84 years old and still breaking news, has few words to say on retirement: ‘I probably have to do that one of these days.’”

Read more here.

Best in Business logo

SABEW Best in Business contest adds new categories


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.


Biz media organizations win Eppys


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.


Steve Chapple

San Diego biz columnist wins Japan fellowship


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.

Howard Owen

Crime writing is the culprit for this biz editor


Howard Owen, The Fredericksburg (Va.) Free Lance–Star’s business editor, has won the North America branch of the International Association of Crime Writers’ Hammett Prize.

Cathy Jett of the Free Lance-Star writes, “He beat out four other authors for the award, which is given annually for literary excellence in the field of crime writing in a book published in the English language in the United States or Canada.

“‘I am stunned and thrilled,’ Owen said Wednesday. ‘It’s the biggest honor I’ve gotten in 24 years of writing fiction.’

“He received the organization’s ‘Thin Man’ trophy Tuesday at the New Atlantic Independent Booksellers Association Fall Conference in Somerset, N.J.

“Dashiell Hammett, widely regarded as one of the finest mystery writers of all time, was the creator of such enduring characters as Sam Spade in ‘The Maltese Falcon’ and Nick and Nora Charles in ‘The Thin Man.’ ‘The Thin Man’ was later adapted for film in a series of movies.

“‘I’m heading to the auto shop right now to have the statuette mounted on the hood of my car,’ Owen joked. ‘I’m definitely thrilled and surprised.’”

Read more here.



CBS, PBS win Emmys for business reporting


Winners of the 34th Annual News and Documentary Emmy Awards were announced Tuesday by the National Academy of Television Arts & Sciences.

The News & Documentary Emmy Awards were presented at a ceremony at Jazz at Lincoln Center’s Frederick P. Rose Hall in the Time Warner Center in New York City.

The CBS Evening News won the Emmy for best business and economic reporting in a regularly scheduled newscast for “Cancer Drug Shortages.” The executive producer of the segment was Patricia Shevlin.

For the Emmy for outstanding business and economic reporting in a news magazine, the winner was CBS’ “60 Minutes” for “A Hard Landing.” The executive producer was Jeff Fager. The correspondent was Scott Pelley.

The Emmy for outstanding business and economic reporting long form was PBS’ “Frontline” for “Money, Power and Wall Street.” The executive producer was David Fanning.

See all of the winners here.

Barlett & Steele award (2)

Florida paper wins top Barlett & Steele award


A Tampa Bay Times investigation of America’s worst charities has earned top honors in the Barlett & Steele Awards for Investigative Business Journalism.

A story on its website states, “Times staff writer Kris Hundley, 63, and Kendall Taggart, 27, of the Center for Investigative Reporting won the gold award and $5,000 for the joint project.

“‘Reporters identified charities that steered as much as 95 percent of donations to boiler-room operations and direct-mail companies,’ the award announcement noted, ‘leaving only a token amount to help those in need.’

“The three-judge panel praised the Times/CIR project for creating an interactive online database allowing readers to examine the 50 worst charities and state actions against thousands of others with troubled records.

“Second-place honors went to the New York Times for an investigation into the tax breaks that local governments offer to recruit businesses. The Wall Street Journal earned a third-place award for articles revealing how corporate executives benefit from trading their company’s stocks.

“Since the Times/CIR investigation published in June, Florida regulators have announced plans to strengthen the regulation of charities. A recent state raid of the Police Protective Fund, listed as one of the worst charities, led to the arrest of four managers overseeing the charity’s phone rooms who were accused of hiring felons to solicit funds.”

Read more here.