Tag Archives: Information
Kevin Allocca of TVNewser is reporting that Ali Velshi, the chief business correspondent at CNN, will also start handling a 1 p.m. to 3 p.m. general news timeslot on the cable network.
Allocca reports, “In a note to staff, CNN/U.S. President Jon Klein said that Velshi will remain chief business correspondent and continue to co-anchor ‘Your $$$$$.’
“Velshi has been reporting out of the New York bureau, but the new gig will broadcast from CNN’s Atlanta HQ. Velshi, who’s best known for his business reporting and field reports, has become increasingly visible on the network over the past year, providing coverage of the financial crisis. He’s also filled in for Campbell Brown and Rick Sanchez. Most recently, he anchored the network’s coverage of the Christmas day attempted terrorist attack.
“Klein wrote, ‘Ali brings the expertise and passion that viewers expect from CNN, as he recently demonstrated when he so deftly handled the Christmas day breaking news about the attempted terror threat.’
“The announcement goes hand in hand with news of anchor Heidi Collins departure from the network.”
Read more here.
Former New York Times economics reporter Edmund Andrews has landed a job at the Fiscal Times, a new digital news service covering fiscal and budgetary issues, reports Michael Calderone of Politico.com.
Calderone writes, “Andrews had been one of the top writers at the Times covering economics and fiscal policy and last year gained more attention for his book documenting his own financial troubles associated with the mortgage crisis.
“While he will not be working for the Fiscal Times on a full-time basis, Andrews said by phone that he has already committed to write some pieces. The upstart news organization will soon launch a website and is forging partnerships to run its content in other outletsÂ â€” the first example running in The Washington Post last week.
“But that first piece drew fire from critics, who questioned the Post’s running a piece on Social Security from an outlet funded by Pete Peterson, the billionaire Wall Street financier whoâ€™s been a longtime critic of the Social Security system. Post Editor Marcus Brauchli defended running the article, and Fiscal Times Washington Editor Eric Pianin told POLITICO that the staff are ‘not advocates’ in the issues they cover.
“Andrews said he followed the recent controversy but, in conversations with Pianin before joining, was convinced that there is a separation between the Peterson Foundation and the Fiscal Times editorial product.”
Read more here.
Tara Young, an assistant business editor at the Houston Chronicle, has left the paper and is planning to return to her home state of Alabama.
An e-mail sent to the staff by business editor Laura Goldberg stated, “She is planning to move back to Alabama to be close to family where she will pursue a law degree at the University of Alabama.Â We thank her for all of her hard work and wish her well in her endeavors.”
Young had been an assistant business editor at the Houston paper since February 2006, and she had been night city editor at the Chronicle. Young also taught journalism at the University of Houston.
Young previously worked at the Times-Picayune in New Orleans. While there, she worked as an adjunct teaching journalism at Dillard University.
She is a journalism graduate from the University of Alabama.
Leigh Kelley, a business reporter with the Hendersonville Times-News in North Carolina, recently sat down for an interview with Santa Claus himself, president and CEO of one of the world’s most successful organizations, “Christmas Inc.”
Here is an excerpt:
L.K.: You seemed to have a labor relations problem earlier this season with the elves. I understand they were protesting over the organization’s dress code because their pointy shoes were uncomfortable, even taking to the airwaves through radio and television ads to declare that “elfish joy” would disappear and not return until their demands for more comfortable foot wear were met. Has this situation been resolved?
S.C.: Well, those shoes do pinch, so we gave them some slack this year. We told them they could wear other shoes if they wanted as long as they stay in their lederhosen (leg wear). You have to make concessions sometimes if you want to keep good employees.
L.K.: Some businesses took advantage of President Obama’s federal stimulus program this year. Did you?
S.C.: No, we didn’t need to borrow any money. We have an endowment and that money come from donations by folks all around the world. Even though it has been less than in years past, we have not had to touch our principal, so we’re in good shape. We’re leveraged pretty well.
Emily Spicer, formerly the deputy business editor and real estate editor at the San Antonio Express-News, is now the paper’s business editor, according to a story on its Web site.
She replaces Craig Thomason, who becomes the paper’s education editor.
Jennifer Hiller writes, “Spicer now oversees the paper’s daily Business section, as well as the Real Estate, Drive and Business Express sections.
“‘I’m thrilled to be working with such a talented, hardworking group of people, and looking forward to getting to know more about the city’s business community,’ Spicer said.
“She first joined the Express-News as a reporting intern while attending the University of Texas at Austin, and later worked as a features and travel writer and as the fashion editor.
“Spicer was public relations manager for Neiman Marcus San Antonio, returning to the Express-News in 2006 to launch the weekend Real Estate sections.”
Read more here. Monica Markel becomes the new deputy business editor.
As editorial director, Fox will be responsible for ensuring that HBR identifies leading-edge content in key topic areas across all of HBRâ€™s publishing platforms, including the magazine, the Website and books. He will be a key member of the editorial leadership team of the HBR Group, working closely with editor in chief Adi Ignatius and senior editors.
“Justin is a great thinker and writer, and he brings a remarkable depth of understanding of the business and economic landscape,” said Ignatius in a statement. “With his expertise, weâ€™ll be better positioned to identify and develop the kind of important and practical business ideas that our global readers look to us for.”
At Time, Fox has written a weekly column and occasional longer articles for the magazine, and penned the Curious Capitalist blog, named one of the top 25 economics blogs this year by The Wall Street Journal. Before joining Time in 2007, he worked for more than a decade at Fortune, where he served as the magazine’s London-based Europe editor, did several tours of duty as editor of the front-of-the-book ‘First’ section, and wrote dozens of major feature stories.
He has also been a staff writer at the American Banker, the Birmingham News, and the (Tulare, Calif.) Advance-Register.
He is the author of the best-selling 2009 book, “The Myth of the Rational Market: A History of Risk, Reward, and Delusion on Wall Street.” Fox is a Princeton University graduate.
Read more here. Â
The National Business Aviation Association has pulled its advertising from USA Today after the paper published a story, written by Thomas Frank, that stated that more than half of federal grants to U.S. airports since 1998 went to projects that the FAA characterized as low priority.
Dennis Schaal of Tnooz writes, Dan Hubbard, a spokesman for NBAA, says of the decision to discontinue its advertising of the campaign in USA Today:
“‘We didnâ€™t discuss the decision with USA Today; as we said in our initial announcement, we simply decided itâ€™s time to stop spending advertising dollars with a newspaper that has demonstrated such an anti-general aviation bias in recent months. Weâ€™ve received positive feedback from NBAA Members about the wisdom of the decision.’
“And, hereâ€™s a portion of the organizationâ€™s Letter to the Editors of USA Today:
“‘The kinds of projects your story calls into question often support airports in towns with little or no airline service â€“- airports that provide a transportation lifeline for small businesses, schools, universities and other organizations, and serve as regional development engines that generate jobs and economic activity.’
“The letter continues: ‘Itâ€™s unfortunate that your story overlooked these key facts, and failed to explain the many good reasons why investments in community airports provide a tremendous return to us all.’”
Read more here. USA Today has not responded to the group.
Los Angeles Times business editor John Corrigan sent out the following announcement, which was obtained by LA Observed:
“The Business section is thrilled to welcome Duke Helfand as its new healthcare reporter, covering the expected implementation of health care reform, the health insurance industry and related topics.
“In his 16 years here at The Times, Duke has distinguished himself with his deeply reported, well-crafted stories. Most recently he has covered religion, chronicling the controversies surrounding gay clergy in Protestant churches, Muslims in the military and other issues. Before that, he specialized in politics and education, but his long career here — starting with City Times in South L.A. — has also included weekend editing duties in Metro and coverage of police and local government.
“Outside of work, Duke says he spends much of his free time playing catch with his ‘three unbelievably cute kids, who are baseball fanatics.’
“Please join me in welcoming Duke to the Business team.”
Read more here.
TALKING BIZ NEWS EXCLUSIVE
Laura Smitherman has been named the business editor of the Baltimore Sun, according to an announcement to the staff Thursday from executive editor Monty Cook.
Smitherman replaces Tim Wheatley, who died in a car crash in October.
Cook’s announcement stated, “We are pleased to announce that Laura Smitherman will lead The Baltimore Sunâ€™s business staff as the new head of money and spending.
“Since joining the paper as a business reporter in 2005, she has proven herself as an outstanding journalist. She’s prolific, competitive, insightful. Whether covering the sale of Mercantile to PNC or Legg Masonâ€™s deal to swap assets with Citigroup, Laura has shown a great talent for taking the complicated and making it easily understood.
“In 2007, Laura became a political reporter for the paper, keeping a watchful eye on the governor, the General Assembly and the state budget. She deftly distilled state spending stories into readable prose and broke news on the state’s slot-machine gambling efforts.
“Prior to joining The Sun, Laura worked for Bloomberg News, covering Congress and the Securities and Exchange Commission. Her background and skills make her perfectly positioned to run the department.
“We also would like to thank the business staff for its professionalism during these difficult days and also to thank Dave Rosenthal for helping direct business coverage recently.
“Please join us in congratulating Laura. She will start in her new position on January 4, 2010.”
PRWeek’s Jaimy Lee interviewed former Wall Street Journal managing editor Paul Steiger, who now heads ProPublica, about the future of journalism, his thoughts on business reporting, and the relationship between PR folk and reporters.
Here is an excerpt:
PRWeek: How do you see business journalism faring through the next year?
Steiger: Business journalism is more crucial than ever, as we found with the great threats to the financial system and to the economy. Business news organizations have faced the same economic pressure that others have. Some of them have had to shrink staff and news holes.
At the same time, there are still a lot of good business journalists. I was encouraged to see that Bloomberg is acquiring BusinessWeek because I don’t expect Bloomberg to try to shrink it. This marriage offers an opportunity to enhance the visibility of Bloomberg’s own journalism and to make a much more robust BusinessWeek.
PRWeek: What about investigative journalism?
Steiger: Investigative journalism, with foreign correspondents, [is] one of the two areas that has suffered disproportionately in the downsizing of news organizations. It’s among the most expensive kinds of journalism to do. We hope that ProPublica can play a role in not only keeping the techniques alive, but actually improving on them and finding new ways to dig out information and communicate it.
Read more here. A subscription is required.