CNBC's Gasparino in tiff with NYT's Sorkin over book passage
John Cook of Gawker writes that CNBC‘s Charles Gasparino is upset about a reference to him in the book about the Wall Street turmoil of the past year by Andrew Ross Sorkin of the New York Times. Cook writes, “For all his bluster, Gasparino can be a bit thin-skinned. His primary beef with Sorkin is over […]
Editorial dispute at Chinese biz magazine
David Barboza of The New York Times reports Tuesday on the inner turmoil at Chinese business magazine Caijing, which has led to mass resignations of its staff. The magazine has relationships with The Wall Street Journal and Reuters. Barboza writes, “And Hu Shuli, considered the most powerful business editor in China, may be forced to […]
Singapore court upholds ruling against Dow Jones property
Singapore’s highest court has upheld a ruling that the Far Eastern Economic Review, a Dow Jones & Co. publication, defamed two of the country’s rulers. A story in The Wall Street Journal states, “The appeals-court panel on Wednesday agreed with a ruling last year that a 2006 Far Eastern Economic Review story improperly tied Prime […]
Lawsuit claims Hertz was defamed by guest on CNBC show
A lawsuit filed in New Jersey by the Hertz rental car business could have a chilling effect on what analysts and investors say to business journalists. Chris Fry of the Courthouse News Service reports that Audit Integrity’s CEO defamed Hertz Global Holdings on CNBC by stating that Hertz is among 20 major companies most likely […]
WBF and WSJ: WTF?
Felix Salmon of Reuters wonders Tuesday why The Wall Street Journal is spending so much time and reporting manpower blogging about the World Business Forum. Salmon writes, “In any case, this annual boondoggle — an event with zero news value, which large companies give to their middle managers so that they can feel important and […]
Was Taibbi a hoax victim?
Former BusinessWeek writer Gary Weiss believes that Rolling Stone writer Matt Taibbi, who has been writing about the financial crisis and Wall Street, has become the victim of a hoax about short selling. Weiss writes, “Two things struck me as odd about this whole situation. One is that naked shorting conspiracy theorists, who you’d expect […]
Former Hartford Courant business editor sues paper
George Gombossy, the former business editor of the Hartford Courant who had written a consumer watchdog column for the paper the last three years, has sued the paper over his firing this summer. Gombossy writes, “The suit was filed in Hartford Superior Court under the Connecticut free speech statute that protects workers from retribution for […]
Salt Lake dailies miss story on SEC subpoena of Overstock.com
William Wolfrum writes on DagBlog.com that when Utah-based discount retailer Overstock.com received a subpoena earlier last week from the Securities and Exchange Commission, few business news readers in the state knew about it. Wolfrum writes, “Of course, investors in the Salt Lake City who only get their news from one of the local newspapers — the […]
NYT tech columnist talks conflicts among tech reporters
The NYTPicker site has a transcript of an interview that New York Times technology columnist David Pogue did during the weekend where he responded to criticism about the lack of disclosure of his conflicts of interest. NYTPicker writes, “LaPorte had been grilling Pogue on the points raised in Hoyt’s column, that the popular columnist might […]
Gombossy keeps on company's tails
Jim Gold of JiltedJournalists.com profiles former Hartford Courant business editor George Gombossy, who was fired from his job as consumer watchdog columnist at the paper last month for refusing to kowtow to advertiser’s interests. Gombossy has started his own Web site about consumer issues in Connecticut. Gold writes, “As the site develops quickly, it is […]
