Tag Archives: Awards
The Society of American Business Editors and Writers annual Best in Business contest is now accepting entries for 2009.
The contest aims to recognize the best in business journalism from the last 12 months, from blogs and weekly business newspapers to the business sections of the largest metropolitan dailies and business magazines.
Those who enter before Jan. 13 will receive a discounted entry fee. To enter, go here. The final deadline to enter is Jan. 25.
The entry process is online, with stories and other information submitted via PDF file.
Each entrantâ€™s membership status must also be current in order to enter.Â Members with renewal dates of Jan. 1, 2010, or earlier, whose membership dues have not yet been paid will have to renew being able to enter. Renewals can be completed onlineÂ here.
For more information, go here.
TALKING BIZ NEWS EXCLUSIVE
Howard Schneider, the former Newsday managing editor and editor who now runs the journalism program at SUNY-Stony Brook, sent Talking Biz News the following comments about Fortune senior editor at large Allan Sloan, a former Newsday business columnist, after hearing that Sloan had been named Talking Biz News’ business journalist of the decade:
“Allan and I have known each other for more than 40 years, since we were classmates at the Columbia Graduate School of Journalism in 1967. We also briefly worked together as colleagues at Newsday, when I was a managing editor and Allan was our business and financial columnist.
“Here are some things you need to know about Allan. By temperament, he is fiercely independent and happily argumentative. He also is unforgiving. He has a long, long memory â€” and offers no statue of limitations — for fools, miscreants, rogues and hypocrites, especially when they operate at the expense of the little guy.
“All of this serves him well in his role as a business journalist, but it could have served him equally as well as a sheriff or bounty hunter.
“Here is what makes Allan a special journalist: He is an obsessive reporter. It is easy to get fooled by his intelligence, analytical skills, cutting humor and remarkable ability to explain the arcane in every day terms (all undoubtedly important elements in his success). But the power of Allanâ€™s journalism ultimately lies in his ability to get to the bottom of complicated stories. He is a tenacious and relentless reporter.
“People donâ€™t really read Allan for his point of view. They read him to learn something. And that something is fact-driven. It is easy to forget this in a journalistic culture of assertion increasingly masquerading as verification.
“The result is this: In an 800-word conversation with his readers, Allan Sloan can take a spectacularly, complicated business deal and step-by-step methodically and convincingly reduce it to one four-letter word — ‘dumb’ — in a manner that leaves you saying, ‘Of course! Why didnâ€™t everybody see the same thing?’ He is like a magician who always shows you how the trick is done.”
TALKING BIZ NEWS EXCLUSIVE
Fortune senior editor at large Allan Sloan said Friday that he was “flattered” at being named the Talking Biz News business journalist of the decade and provided some perspective on his favorite writings of the past decade and other reasons for his success.
“Two of my favorite columns … are from Newsweek, and are aimed at general audiences even more than usual. Itâ€™s my Feb. 11, 2002 column about Enron and my bar mitzvah, and my July 11, 2005 piece about the Supreme Courtâ€™s Ten Commandments decision in which I combined journalism and numbers and my years of religious training.
“The two best long pieces Iâ€™ve done in a long time are my Fortune covers: ‘House of Junk,’ Oct. 29, 2007, dissecting how one issue of mortgage backed securities works, which got a ton of buzz and pickup and won the Loeb Award; and ‘The Biggest Bailout Yet,’ Aug. 17, 2009, which explains Social Securityâ€™s real problems by using a real-life example, consisting of my wife and me.
“In both, instead of writing a conventional big picture piece with a few obligatory anecdotes, I explained one situation in depth, and went from the particular to the general. Thatâ€™s much easier for people to read and to relate to. And thatâ€™s why I like them more than I like some of the big-picture pieces I wrote for Newsweek before I had figured out that particular-to-general is often a better read than general-to-particular.
“I try to stand against the conventional wisdom. Thatâ€™s why in mid-2007 I was calling for taxpayers to get a piece of the banksâ€™ benefits from the bailout of the financial system, before most people even realized a bailout was underway; and why I wrote last spring, when the uproar against Wall Street and AIG bonuses was getting out of hand, that all bonuses arenâ€™t the same, and that not everyone making $250,000 a year is ‘rich,’ as the Obama administration and its allies contend.
“The reasons Iâ€™ve been successful are that Iâ€™ve had a lot of support at home from Nancy, especially when our kids (now grown) were young, which let me concentrate on working; Iâ€™ve generally gotten good editing, both at the idea stage and with the copy itself; that I remember to write for the audience, not for my sources or for myself; and I spend a lot of time and effort making sure that a story has a clear point and is written cleanly enough for non-experts to be able to read it, and has enough insight for experts to possibly learn something.”
TALKING BIZ NEWS EXCLUSIVE
Allan Sloan, senior editor at large for Fortune magazine, is the top business journalist of the past decade, according to an unscientific, subjective review by Talking Biz News.
Sloan, who has won seven Gerald Loeb Awards, was picked over colleague Carol Loomis of Fortune and Bethany McLean, formerly of Fortune and now with Vanity Fair, Gretchen Morgenson and Floyd Norris of the New York Times, Mark Pittman of Bloomberg News, Mark Maremont and Dennis Berman of The Wall Street Journal, Binyamin Applebaum of the Charlotte Observer, Boston Globe and Washington Post, and Alan Abelson of Barron’s.
The first-time award considered only business journalists who report and write.
No business journalist beside Sloan has won more than three Loeb Awards, and Sloan is the most decorated business journalist ever. Despite nearing the end of his nearly 40-year-career in journalism, he continues to pile up awards for his analysis and reporting of business and economic issues. His writing is concise and can be clearly understood by anyone.
As a bonus, he’s also witty in his writing, and Sloan is involved in many business journalism causes.
“The thing that strikes me about Allan is that the fire still burns as fiercely as ever,” Fortune managing editor Andy Serwer told Talking Biz News on Thursday. “He has other outstanding qualities: He is razor sharp, he is as good with numbers as any journalist I have ever worked with, and he is exceptionally generous when it comes to working with others on our staff, especially junior writers and reporters.
“But what is most impressive is that he still brings the same passion to his job that he did decades ago. Maybe even more so. The latest financial meltdown was custom-made for Allan’s journalism, and he has really done incredible work since coming to Fortune three years ago. It has been a new Golden Age of Sloan.”
Earlier this year, Sloan wrote about the perils of the Social Security system, and he slammed General Motors for closing its Saturn division. He’s also not above telling readers when he was wrong.
Sloan most recently won a Loeb Award in 2008Â in the commentary category for a column called Piece of Junk. You can read it here.
The judges stated, “Of the countless stories about the subprime crisis, this piece stood out among the rest in depth of reporting and quality of writing. By dissecting one subprime mortgage deal, Sloan said volumes in relatively few words about what happened and why. The story turned a spotlight on the underlying conflict on Wall Street, as firms sold questionable subprime debt to investors even as they were profiting by shorting similar investments.”
In 2007, Sloan correctly predicted that News Corp. CEO Rupert Murdoch would be successful in his bid to acquire Dow Jones & Co., and after the deal ended, he found a unnoticed aspect to the transaction that allowed the Bancroft family to defer their taxes, making it sweeter for them than originally reported.
Sloan joined Fortune in July 2007. He was previously Newsweek’s Wall Street editor for 12 years. The same year, writing for Newsweek, he warned about how Wall Street thought it had eliminated risk from investing.
Back in 2003, again writing for Newsweek, Sloan warned that the Sarbanes-Oxley legislation designed to eliminate corporate fraud had not closed all of the loopholes. Wall Street Journal money & markets editor Dave Kansas earlier this decade called Sloan “totally fearless” in going after companies and unscrupulous behavior.
Loeb has won Loebs in three different categories in three different decades for five different employers. He has won Loeb awards at Newsweek, Forbes, and the Detroit Free Press, and two at Newsday, where he also won the John Hancock Award for excellence in business and financial journalism. He won a Loeb Award for Newsweek in 1998 and for Newsday in 1992 and 1993.
Earlier this year, Sloan receive the Elliott V. Bell Award from the New York Financial Writers Association. The award is named for a former BusinessWeek editor who was one of the founders of the organization, and it recognizes a person’s long-term contributions to financial journalism.
In 2002, Sloan wrote the following in Newsweek about the perils of mergers and acquisitions: “By contrast, many companies try to grow via big acquisitions. These deals are seductive, because you get lots of favorable ink and a love buzz from Wall Street. You also buy time to implement your strategy, if you actually have one, because year-to-year financials aren’t comparable and outsiders can’t analyze your results.”
Any business journalist who can get the phrase “love buzz” into a mainstream publication — in a business story no less — deserves some kind of recognition.
The Financial Times has named CNBC anchor Maria Bartiromo as one of the 50 faces who has shaped the first decade of the 21st century.
The FT writes, “When the dotcom bust struck, few would have bet that the day traders’ ‘Money Honey” would emerge unscathed as a serious commentator on the market machinations that marked the decades’ end.
“Maria Bartiromo, the anchor of CNBC’s ‘Closing Bell,’ has made the transition from breathless market rundowns from the New York Stock Exchange to the inner circle of the business elite from Wall Street to Davos. Along the way, she has become a measure of the popularisation of financial news.”
Others on the list include former United Kingdom Prime Minister Tony Blair, former President George W. Bush and Brazilian President Luiz Inacio Lula da Silva.Â CEOs such as Lakshimi Mittal, Indra Nooyi and Jeff Bezos were on the list for business.Â In the economics section, Alan Greenspan, Ben Bernanke and Nouriel Roubini were also on the list.
Lulu Chiang, a senior producer at CNBC who works closely with Bartiromo, writes on her blog: “I have been Maria Bartiromoâ€™s producer over the past five years, alongside her during the biggest interviews of our careers.Â It has been a privilege to cover these stories day in and day out.Â I look forward to sharing more of our stories with you next year on air and in our blog.Â We hope to bring you even better work in the next ten years.”
About The Business Insider, Robert Quigley writes, “Even in a web culture of numbers, numbers, numbers, The Business Insider stands out for its freakish speed and volume of posts. According to Google Reader, it clocks 522 posts a week: compare that to Gawkerâ€™s not at all shabby 246/week or ABC Newsâ€™ 480/week. Of course, TBIâ€™s staff size is a tiny fraction of the likes of ABCâ€™s, but withÂ Dan Frommer on the tech beat, Nick Carlson on the media and advertising beat, and John Carney and JoeÂ Weisenthal on business and finance, with occasional backup from EIC Henry Blodget, itâ€™s a question worth asking: who needs squads of reporters, anyway?”
About The Wrap, he writes, “Itâ€™s hard to believe that entertainment and media news site The Wrap only launched this January: in terms of its impact, it feels like itâ€™s been around for much longer. This year, The Wrapâ€™s Sharon Waxman established some serious cred by laying the siteâ€™s reputation on the line to call an NBCU-Comcast deal before anyone else. She was treated with derision by Nikki Finke and with skepticism by many outlets (including ours) â€” but as time has told, she was right. Scooping the entirety of business and entertainment media about a multibillion dollar merger: not bad for year one.”
Read more here.
Lucia Moses of AdWeek writes that Wired magazine deserves to be the magazine of the decade for a number of reasons.
Moses writes, “Launched amid the tech bubble, Wired could have easily gone the way of rivals like Red Herring or The Industry Standard that rode the Web 1.0 wave but imploded when the dot-com bomb went off in 2000.
“Under the aegis of deep-pocketed CondÃ© Nast and visionary editor Chris ‘Long Tail’ Anderson, Wired survived the storm by capturing a broader readership with an editorial mix spanning technology, business, science, entertainment and culture â€” in essence becoming the chronicler of the technology surge that’s changed all our lives this decade.
“Recent features included a mystery issue guest-edited by J.J. Abrams and some very bad advice from Inglourious Basterd Brad Pitt. In a recent publicity stunt, Wired offered a $5,000 reward to readers who could find one of its contributing writers using digital clues. Wired is also one of the few print magazines to successfully adapt to the Web, and is a testbed for the company’s efforts to recast its glossy monthlies to future e-readers.”
Read more here.
Investor’s Business Daily’s digital edition, called eIBD, has won the 2009 DPAC Award for Best Branded Digital Magazine.
eIBD was also named a finalist for Best Digital Integrated Content and Best Publishing Platform Innovation. The DPAC Awards “honor overall excellence and breakthrough achievement in Digital Publishing and Advertising.”Â The award was announced at an event in New York on Dec. 8.
This is Investorâ€™s Business Dailyâ€™s fourth national award this year for its new online design and functionality.
In addition to the DPAC award, IBDâ€™s companion website, Investors.com, received the 2009 IMA Outstanding Achievement Award, the 2009 WebAward for Best Investment Website and the 2009 Silver Award in the financial services website category.
“We completely redesigned Investors.com and eIBD with some of the best experts in the business,” says Harlan Ratzky, vice president of Investors.com, in a statement. “We relaunched Investors.com in April with the objective of becoming the go-to investing resource for market analysis, as well as early emerging trend data.”
Investor’s Business Daily was one of the first newspapers to make its complete edition available online.
CBS and PBS were the only multiple winners of the financial and business reporting Emmy Awards announced Monday at a luncheon in New York.
CBS won four business Emmys, while PBS won two. BBC America, CFR.org, CNBC and the History Channel each won one apiece.
CBS won for outstanding investigative reporting of a business news story in a regularly scheduled newscast, outstanding coverage of a current business news story in a news magazine format, outstanding investigative reporting of a business news story in a news magazine format, and outstanding interpretation or analysis of a business news story in a news magazine format.
The last three awards were for the “60 Minutes” show.
PBS’ “The NewsHour with Jim Lehrer” won for outstanding coverage of a current business news story in a regularly scheduled newcast and its “Frontline” show won for outstanding documentary on a business topic for its Bernie Madoff coverage.
BBC America won for outstanding interpretation or analysis of a business news story in a regularly scheduled newscast, while CFR.org won in the new approaches to business & financial reporting category.
CNBC and the History Channel won in promotional categories.
The Seventh Annual Emmy Awards for Business & Financial Reporting were presented in eight categories recognizing outstanding achievement in business & financial reporting telecast or Webcast from July 1, 2008 through June 30, 2009.
Read about all of the winners here.
The Donald W. Reynolds National Center for Business Journalism has awarded 12 fellowships to its “Strictly Financials Seminar” for working journalists and 12 fellowships to its “Business Journalism Professors Seminar.” Both programs will be held Jan. 5-8 in Phoenix.
These competitive fellowships, valued at $2,000, cover all seminar expenses. The seminars take place during Reynolds Business Journalism Week at Arizona State Universityâ€™s Walter Cronkite School of Journalism and Mass Communication, where the Reynolds Center is based.
“The dramatic increase in number of applications this year underscores the strong interest journalists have in improving their financial skills and the importance universities are now placing on business journalism,” said Andrew Leckey, president of the Reynolds Center. “It is an honor to have these fellows join us this January.”
The financials seminar covers stock markets, financial statements, options and SEC documents. The professors seminar covers how to teach a hands-on, university course in business journalism.
The fellows for the Strictly Financials Seminar are Debbie Blumberg, reporter, Dow Jones Newswires, New York; Dave Dreeszen, business editor, Sioux City Journal, Iowa; Lynn Ducey, staff writer, The Phoenix Business Journal; Karina Frayter, business producer, CNN America, New York; Joanisabel Gonzalez, staff reporter, El Nuevo Dia, Guaynabo, Puerto Rico; Jason Hidalgo, business reporter, Reno Gazette-Journal, Nevada; Brenda Krebs, Business Monday editor, The Miami Herald; Rob Neill, business producer, MSNBC.com, Redmond, Wash; Jeanine Poggi, reporter, TheStreet.com, New York; Rachel Tobin Ramos, business reporter, The Atlanta Journal-Constitution; Hani Shawwa, TV producer, Reuters Insider, New York; and Emily Stanitz, producer, Bloomberg Television, Washington
The Business Journalism Professors Seminar fellows are Adrianne Flynn, Capital News Service bureau director, University of Maryland, College Park, Md.; Emily Burch Harris, lecturer and student newspaper adviser, North Carolina A&T State University, Greensboro, N.C.; James Kates, assistant professor, University of Wisconsin-Whitewater; Herbert Lowe, professional in residence, Marquette University, Milwaukee, Wisc.; Ceci Rodgers, adjunct instructor, Northwestern University, Evanston, Ill.; Buck Ryan, associate professor, University of Kentucky, Lexington, Ky.; Steve Schifferes, professor, City University, London, England; John C. Schmeltzer, chair, University of Oklahoma, Norman, Okla.; Claire Serant, assistant professor, St. Johnâ€™s University, Queens, N.Y.; Sheila L. Tefft, senior lecturer, Emory University, Atlanta; Leslie Wayne, visiting professional, Arizona State University, Phoenix; and Nailene Chou Wiest, director, Global Business Journalism, Tsinghua University, Beijing
The fourth annual seminars will be led by award-winning professors and journalists, including three-time Pulitzer winner Walt Bogdanich, business investigations editor for The New York Times.
A highlight will be a discussion with the legendary investigative-reporting duo of Don Barlett and Jim Steele, along with the awarding of trophies to the 2009 winners of the Reynolds Centerâ€™s Barlett & Steele Awards for Investigative Business Journalism.