Tag Archives: Dow Jones & Co.
Here is a photo of the main editing desk in The Wall Street Journal‘s main newsroom in New York. In the background is the office of managing editor Robert Thomson.
The picture was taken Friday morning during a tour of nearly 60 college students in New York for the “Getting Started in Business News” conference.
by Chris Roush
Here is a nice display of Barron’s covers outside of its offices in New York. The picture was taken during a tour of the Dow Jones & Co. news operations on Friday morning.
Rob Wells, the Washington bureau chief for Dow Jones Newswires, and Mark Anderson, the deputy bureau chief, sent out the following announcement to the staff on Thursday:
Please join us in congratulating Maya Jackson Randall, Jared Favole and Jeffrey Sparshott on new beat assignments in the Washington bureau. Maya will cover national economic issues with a focus on the U.S. Treasury’s new Consumer Financial Protection Bureau and personal finance issues such as credit cards. Jared will be the White House reporter, full-time, focusing on economic policy. And Jeffrey will be the senior Treasury reporter, covering the Treasury secretary and U.S. fiscal policy.
Maya, who joined the Dow Jones Washington bureau in 2004, most recently covered the White House and previously held beats covering the Treasury, economic issues and energy policy. She won a William R. Clabby award and a Society of American Business Editors and Writers Award, in conjunction with Michael Crittenden, this year for her reporting on the financial crisis. Prior to Dow Jones, Maya was associate editor at McGraw-Hill’s Inside FERC publication and a reporter at Money Magazine. She has a master’s degree in journalism from University of Maryland, College Park, Md. and a bachelor’s degree from Howard University in Washington. She also interned for The Wall Street Journal in Washington in 2001.
Jared came to the Washington bureau in 2008 to cover the Food and Drug Administration after two years at the former Corporate Filings Alert. He has was assigned to the White House on an interim basis in April, 2010, filling in for Maya while she was on leave. Jared holds a degree in journalism and English from the University of Maryland and a Master’s of Arts in Liberal Arts from St. John’s College in Annapolis.
Jeffrey joined Dow Jones in 2007, working in London on the natural resources team, and recently transferred to the Washington bureau. In London, he was a news editor on the energy team and previously worked as a mining equities reporter. Jeffrey joined Dow Jones from Platts’ London office where he was a U.K. power market reporter. He holds a Master of Arts, International Affairs, from George Washington University in Washington and a Bachelor of Arts in Journalism and International Relations from Syracuse University, Syracuse, N.Y.
Rob Wells, the Washington bureau chief for Dow Jones Newswires, made the following announcement to the staff on Friday afternoon:
I am pleased to announce a new beat and promotion for Mike Crittenden. He is now reporting full-time on foreign exchange-related and economic issues as a member of the economy team. He will work closely with international finance reporter Ian Talley, Federal Reserve reporter Luca Di Leo, trade reporter Tom Barkley and colleagues at The Wall Street Journal.
Crittenden joined Newswires in September 2007 and quickly moved to the bureau’s lead financial services reporter job. He led Newswires coverage of financial regulation during the 2008 financial crisis, the TARP bailout and the debate that led to the 2010 Dodd-Frank Wall Street overhaul bill. He scored many exclusives along the way. Crittenden and Maya Jackson Randall shared a Newswires Clabby Award and a Society of American Business Editors and Writers Award this year for breaking news on funding of the TARP program and the Federal Reserve Board’s internal deliberations about the Bank of America-Merrill Lynch merger.
Crittenden came to Newswires from Congressional Quarterly, where he had covered financial services and economic news in the Capitol. His knowledge of the banking industry was honed while at SNL Financial Inc., where he served as senior editor following banking and financial issues for professional clients.
He is a graduate of Washington and Lee University, Lexington, Va., with a degree in print journalism and political science. He was a Robert E. Lee Honor Scholar at the school.
DISCLOSURE: Crittenden was a student of mine at Washington and Lee. I also hired him to work for me at SNL Financial.
Linda Fung, managing editor of North American equities at Dow Jones Newswires, sent out the following announcement to the staff on Friday:
I am pleased to announce that George Stahl has been promoted to Deputy Managing Editor of the Dow Jones News Service. George has done a superb job in strengthening our news-breaking abilities in the corporate beats handled by reporters in New York, Philadelphia and Boston. In his new role, George will continue to oversee coverage in those cities and will also be responsible for our bureaus in Chicago and San Francisco, as well as overseeing the Rewrite Desk operations. Reporting to George will be Chicago Bureau Chief Doug Cameron, San Francisco Bureau Chief Andrew Morse and Assistant News Editor Kevin Kingsbury. News Editor Nick VonKlock and George’s team of tech, media, telecom and health-care reporters will continue reporting to George.
George has been an assistant managing editor at the News Service since 2006. Prior to that, he was a News Editor overseeing a number of our bureau reporters and the enterprise reporting assistants as well. Before that, he was an Assistant News Editor on our spot news desk. George joined Dow Jones in 1996 as a Copyreader and later worked as a Copy Editor on the Spot News desk. Prior to joining Dow Jones, he was a reporter and copy editor at the News Journal in Wilmington, Delaware. He was also a copy editor for Gannett Suburban Newspapers in White Plains, NY. George earned a degree in journalism from the Medill School of Journalism at Northwestern University.
Please join me in congratulating George and wishing him the best in his new role. He will continue to report to me.
Dow Jones Newswires assistant managing editor Bob McGough sent out the following announcement on Tuesday:
I’m happy to announce Dave Benoit will be joining the U.S. financial services reporting team as a reporter covering commercial banks, working alongside veteran banking reporter Matthias Rieker. Dave will take the place of Marshall Eckblad, who is moving to Chicago and taking a reporting position with Dow Jones’ Wealth Management group.
Dave is currently a reporter on the hot stocks desk, explaining big moves in stocks in all industries. He’s also been covering on occasion the federal court for newswires and The Wall Street Journal, including breaking news, appearances and case filings, and has written stock-market stories among other assignments. He’s written about topics ranging from the financial impact of the Massey mine disaster to the Kenneth Starr fraud case to a company controlling a quarter of New York City’s taxi medallions. He’s worked for Dow Jones since 2008.
Dave graduated from Boston College Cum Laude with degrees in English and history, and hails from Boston. He starts his new position on Nov. 1. Please join me in welcoming him to his new beat.
Deborah Brewster, the deputy managing editor of The Wall Street Journal, sent out the following message to the staff on Thursday:
Dow Jones Newswires and The Wall Street Journal seek a seasoned journalist to help direct economic, currency and fixed-income coverage in the U.S. The candidate will manage a diverse staff of reporters, editors and columnists who focus on different aspects of the economy and policy, as well as Treasuries and currency markets. The position is based in New York.
We are looking for a candidate with a strong record of breaking market-moving news and crafting insightful analysis in the areas above. The ideal candidate will have managed reporters. This is a great opportunity to cover one of the biggest stories of our time. Two years after the financial crisis, the world’s largest economy remains at a critical junction. Officials are looking for effective policy responses to deal with high unemployment, growing deficits and lackluster growth, while global investors are looking for signs of a sustained recovery.
This position is open to both internal and external candidates. Interested? Apply to: Djjobs@wsj.com.
Representatives from three of the largest employers of business journalists — Bloomberg, Dow Jones and Reuters — said Saturday morning that they are looking to grow by adding more reporters and editors to their staffs.
Dow Jones Newswires recently hired new staff for an investment banking news product, and its India bureau has expanded “considerably,” said Michelle LaRoche, editor for training and recruiting. “We’re going to needed people who have experience in covering specific business topics,” she said.
Toulon and LaRoche, along with Reuters top news editor Walden Siew, were on a panel Saturday morning at the Society of American Business Editors and Writers conference in New York.
Siew noted that Reuters’ staff has grown from 2,400 in 2006 when he was hired to nearly 3,000 today. Part of the hiring came as a result of the launch of Reuters Insider, the company’s new online video product.
All three newsrooms use a test that gauges a candidate’s writing skills and business knowledge. When asked for copies or examples of their tests, all three declined to give specifics.
“This is not freshman year in college,” said LaRoche. “I’m not going to spoon feed you.”
All three said that a candidate’s age makes no difference in the hiring process, refuting a claim made by someone in the audience that newsrooms are looking to hire younger, cheaper journalists.
“You want to hire intelligence,” said Toulon. “I wouldn’t say we look for youth. We look for intelligence.”
Other factors that help a business journalist land a job include the ability to speak another language, multimedia skills and a history of breaking news, said the panelists.
TALKING BIZ NEWS EXCLUSIVE
Wall Street Journal managing editor Robert Thomson sent out the following announcement to the staff on Thursday afternoon:
I’m delighted to announce that Steve Wisnefski will become Senior Editor, Americas, for Dow Jones Newswires. He will take on many of the editorial oversight responsibilities now held by Gabriella Stern and Rick Stine, who have been admirable news navigators. As announced, Gabriella is moving to become managing editor of our clandestine Special Project. Rick becomes the senior editor responsible for innovation because, well, he is innovative and has created the first phase of our Special Project, about which no more can be said.
Steve will supervise the sterling Linda Fung, Managing Editor for North American equities; Bart Fraust, Managing Editor of the Americas Copy Desk; Charlie Roth, Assistant Managing Editor for Latin America; Rob Wells, Washington Bureau Chief; the yet-to-be-appointed managing editor for Americas resources and the bureau chief for Canada; and Management Assistant Lorane Reid. Steve will report to Neal Lipschutz, Newswires’ Managing Editor and Guardian Angel.
Rick, who has served as Senior Editor, Americas, since 2005, will continue to supervise Adam Smallman, Managing Editor for investment banking, whose team has had much success in creating an investment bank “vertical”, and Brian Cronk, Managing Editor for wealth management. He will continue to report to Neal.
Linda will get additional responsibilities, taking over supervision of Mark Stein, Assistant Managing Editor for U.S. corporate debt coverage, and the corporate debt and municipal bond reporters.
Steve is ideally suited for his new role. Since November 2009, he has served as Managing Editor of Americas energy and commodities coverage. For most of 2009, he was Deputy Managing Editor for Dow Jones News Service in New York, overseeing our US stock markets reporting and the Monitor and Rewrite desks. From 2005 to 2008, he was Chicago bureau chief, leading coverage of exchanges and transportation, among other industries. He joined Dow Jones in 1997 as a reporter in Sao Paulo and later became bureau chief for Brazil.
Rick, a 27-year veteran of Dow Jones, has served as Senior Editor, Americas, since 2005. He was Managing Editor for North American equities from 1999 to 2005. Through his long managerial career, Rick has thought creatively about the news and how we present it. He developed or advanced a number of enhancements to the wires, from columns and content sets to NewsPlus to our more recent hush-hush venture.
Linda has served as Managing Editor for North American equities since 2005. She has been the czarina of fixed-income and equities, a copy editor, chief of spot news, Chicago bureau chief, and assistant and deputy managing editor for North American equities. In other words, Linda knows virtually everything about virtually everything.
Please join me in wishing Steve, Rick and Linda much success in their new assignments.
Hinton wrote, “Total print and online revenue for The Wall Street Journal are up more than 17% in the fiscal 2011 first quarter when compared with the same period a year before. Total print advertising revenue increased by more than 21% for the quarter ended last week. Digital advertising revenue was up more than 29%. And total print circulation revenue was up more than 9% – 13% if you factor in digital.
“As a basis of comparison, for the same three month period the New York Times has forecast total print and online revenue for its calendar third quarter to fall 2 to 3% compared with a year before. Total print advertising revenue is expected to be down 5%. Total digital advertising revenue is projected to rise 14%. And total circulation revenue is trending down 5%.
“Our fiscal 2011 first-quarter numbers show that this is our fourth consecutive quarter of year-on-year growth in print and digital advertising. Our investment in our products continues to pay off. It is early in the year but signs are pointing in the right direction. As always, thank you for helping us to not only meet but exceed our own high expectations.”
Read the entire memo, posted on Romenesko, here.
Of course, the large gains by the Journal are due partly to the introduction of some new sections.