NewsBusters slams NY Times for not following its exec comp coverage
The NewsBusters web site has a posting today criticizing the management of the New York Times Co. for ignoring its voluminous recent coverage about the problems related to executive compensation. If you haven’t been following what’s going on, Morgan Stanley, a shareholder of the Times, recently levied some criticism at the company for its large […]
Magazine blows the lid off of government IT program
Government Computer News, an industry publication owned by the Washington Post Co., has an investigative story in its latest issue that blows the lid off of how contractors and consultants have colluded with school officials to steal millions of dollars from a government program designed to bring Internet access and telecommunications equipment to schools. It’s […]
Interesting disclosure
I’ve been reading more of the media coverage of the Wal-Mart conference with journalists from the past two days, and I found something interesting at the end of a story on the ABC News web site. The disclosure read: “ABC News producer Charles Herman is attending Wal-Mart’s media conference and will be filing updates on […]
Wal-Mart and reporters meet
Wal-Mart Stores has been having its two-day meeting with a group of about 50 reporters that cover the world’s largest retailer, so coverage of the event has begun to trickle out in newspapers. Los Angeles Times reporter Abigail Goldman, who is in Arkansas at the event, writes, “Increasingly keen to change public perceptions, Wal-Mart again […]
WSJ deputy bureau chief applauds cutting stock listings
David Wessel, the Washington deputy bureau chief of the Wall Street Journal, applauded the moves by newspapers across the country to cut their published stock listings and encourage readers to get that information online in a speech at Yale University. Wessel, who writes a weekly Capitol column in the print edition of the paper, answers […]
Shareholders oppose pay hikes for Financial Times parent
A shareholder advisory group is opposing a proposed compensation schedule for British-based Pearson PLC, the parent of the Financial Times newspaper, according to a Dow Jones report. Dow Jones writes, “PIRC said Chief Executive Marjorie Scardino’s possible earning power, which will be outlined in the remuneration report to be released at the AGM Friday, could […]
Q&A with LA Times biz columnist Hiltzik
Michael Hiltzik, who writes the Golden State column for the business section of the Los Angeles Times and also has a business blog, was interviewed by the Online Journalism Review at USC. Hiltzik, who started his blog in October, explained the difference between what he writes in his colum and what appears on his blog: […]
Dow Jones still reporting losses from Weekend Journal
Dow Jones, the parent company of The Wall Street Journal and Barron’s, reported its first quarter earnings on Tuesday and while profits rose due to accounting issues, the company said it was still losing money from the weekend edition of the Journal. The earnings release states, “Advertising revenue at the U.S. Wall Street Journal print […]
BW writer responds to GM's Bob Lutz
General Motors’ executive Bob Lutz is not one to take criticism without responding. So in a recent speech, he noted all of the reporters and editors from the financial media — BusinessWeek, Fortune, Wall Street Journal and others — who have written or stated that GM’s products are boring and that the company has lost […]
Barron's and inflation coverage
New York-based money manager Barry Ritholtz criticizes Barron’s for its recent coverage about the Consumer Price Index, which measures inflation, on his blog called The Big Picture. Ritholtz writes, “Barron’s jumps on the ‘We Have Inflation’ bandwagon this week, with two editorials acknowledging what Big Picture readers have long known: Inflation, undermeasured by the BLS, […]
