Networks rely on S&P experts despite criticizing ratings agency
Network reporters have been critical of Standard & Poor’s in the aftermath of the firm’s downgrade of the U.S. credit rating, reports Julia Seymour of the Business & Media Institute, despite the fact that they counted heavily on S&P experts when covering other stories. Seymour writes, “The three broadcast networks responded to the downgrade by […]
Blaming the audience is a bad idea
Ryan Chittum of Columbia Journalism Review thinks that Heidi Moore of “Marketplace” shouldn’t have criticized one of her listeners who got upset about Wall Street wanting to cut government subsidies for Social Security, Medicaid and Medicare. Chittum writes, ” One problem is that passing along what (powerful) ‘people are saying’ is only part of the […]
Abysmal coverage of market turmoil
Michael Hlinka, who reports on business issues of the day for CBC’s “Metro Morning,” talked with Lauren McKeon of the Canadian Journalism Project about the abysmal coverage of the latest installment of the U.S. debt crisis, political bias in business reporting, and the questions journalists are missing. Here is an excerpt: J-Source: Now, there are […]
Biz journalism pundits decry “Chicken Little” approach to recent coverage
Joe Strupp of Media Matters for America writes that some business journalism experts believe that the media presented an overly pessimistic scenario in the wake of the Standard & Poor’s downgrade of the U.S. government. Strupp writes, “‘It is a little bit of Chicken Little – ‘the sky is falling’,’ declared Marty Steffens, chair in […]
NY Post’s Clorox story is thinly sourced
TheStreet.com media critic Marek Fuchs says that a story in the New York Post about Clorox being potentially taken over by a Japanese company was poorly sourced.
Forbes’ journalism on MBA rankings is lacking
John Byrne, the editor in chief of Poets&Quants, a site that covers business schools, writes Friday that Forbes recent release of its MBA school rankings was shoddy journalism. Byrne, who once oversaw BusinessWeek’s business school rankings, writes, “The main story describing the results of the ranking is a poorly written and poorly organized article, something […]
A blast from the past
TALKING BIZ NEWS EXCLUSIVE Talking Biz News is operating this week from Syracuse University, where it is perusing the papers of former Wall Street Journal editor Vermont Royster, a two-time Pulitzer winner. We’ve run across a curious document in box eight — a clipping from the Charlotte Observer newspaper dated April 19, 1970. The byline […]
Lack of biz coverage on California’s South Coast
Ray Estrada, former managing editor of the Pacific Coast Business Journal, writes for the Santa Barbara Independent about the slim business coverage in the market. Estrada writes, “During my reporting over the past five years, South Coast business owners have often complained to me that they suffer from lack of financial coverage because no publication […]
Biz media ignore lower tax rate boosting Microsoft earnings
TheStreet.com media critic Marek Fuchs notes that most business news media ignored a lower tax rate as the reason for Microsoft’s higher profits.
Business has improved at WSJ under Murdoch
Rick Edmonds of The Poynter Institute writes Thursday about how The Wall Street Journal‘s financial performance has improved since being acquired by News Corp. Edmonds writes, “For another opinion, I asked a Journal veteran who has written or edited dozens of those big, wide-ranging stories over the past two decades. And I got a surprisingly upbeat response. […]
