Tag Archives: New York Times
by Chris Roush
Julie Bosman, who’s covered publishing for The New York Times for the past four years, is leaving the beat to become the paper’s Midwest correspondent, reports Joe Pompeo of Capital New York.
Pompeo writes, “It’s the latest move on the Times media desk, which has been playing musical chairs for the past several months: In the editor’s seat, Peter Lattman replaced Bruce Headlam, who now oversees video; Brian Stelter left the TV news beat for a job at CNN with no replacement named as of yet; Ravi Somaiya is covering print media while Christine Haughney is on the maternity leave; and there’s still no word on who will replace Amy Chozick, who’s now covering Hillary Clinton, on the corporate media beat.
“Bosman has been with the Times for 12 years, beginning as Maureen Dowd’s news assistant in 2002. She’s also covered the 2008 presidential race, education and metro. Her latest role will take her to Chicago.
“Below, you can read the full memo from national editor Alison Mitchell and deputy national editor Ethan Bronner:”
Read more here.
by Chris Roush
Carr writes, “The entire category of business magazines has been punished, but Businessweek and Fortune have the benefit of being part of larger, more diversified enterprises, while Forbes has had to go it alone. The magazine doubled down hard on a digital advertising strategy with a lot of click-bait headlines and opened its platform to thousands of contributors, improving traffic but diluting its brand. In the context of the current sale, some saw that strategy as more like lipstick on a pig, a bold effort that fails to hide the fundamental ugliness of the situation.
“If the Forbes brand has been dented, it has hardly been destroyed. The name has always resonated globally, partly because the Forbes 400 ‘rich list’ is fetishized by the wealthy, many of whom will be on the list of the world’s billionaires that comes out Monday. And the Forbes Asia summit remains a popular, profitable event.
“In that context, a buyer from a nascent economy on the rise make sense. The Far East is a place that is not only making much of the world’s goods, the countries there are also manufacturing wealth at an astounding rate. Forbes might be a nice trophy for a foreign buyer as a way of signaling its arrival. It would not be the first time a publication was bought as a multiple of ego rather than earnings.
“But in America, there is a growing disconnect in the narrative of business magazines. The world of titans that Malcolm Forbes once so vividly inhabited has become a lot less sexy. The mix of buffoonery and greed that created the financial meltdown in 2008 dispelled the image of businesspeople as heroes. Forbes’s worldview — ‘Business was originated to produce happiness,’ B. C. Forbes asserted — has been overtaken by the grimness of a new economy, one that still produces billionaires that end up on the Forbes list, but few jobs to go with them.”
Read more here.
by Chris Roush
Here is an excerpt:
TSD: As a financial journalist, how have you found the challenge of reporting on a close-knit community like Wall Street? At this point, would you consider yourself an insider?
AS: It’s funny. By default, as a journalist, I’m clearly an outsider to this world. Over the years, I’ve covered it for a long time…but in the book, part of the challenge was trying to get inside, trying to get the reader inside the room so he could see what’s being said.
It’s much harder than it used to be. As a reporter…this has been a major shift. When I started, there wasn’t this industrial complex around protecting all these people from the press. It used to be you could call somebody up and understand what’s happening, get a little of the inside scoop or try and get some context for what’s happening…Now, there’s an army of lawyers, there’s an army of PR people, there’s a battalion of people whose entire job is to keep you as far away from the building as humanly possible. That has made, I would argue, reporting much more challenging in terms of really providing the sort of deep reporting and analysis…and it’s only gotten worse post-financial crisis. Given so many of the rules have changed, we’re all getting the information at the same time, and there’s a lot more of it. The bad news is that for the kind of deep reporting that tries to really bring you inside what’s going on, that’s harder than ever, sadly.
Read more here.
by Chris Roush
New York Times business editor Dean Murphy sent out the following email announcement on Thursday:
For the past seven years, Kevin McKenna has done a stellar job reinventing, elevating and integrating our online report – so successfully, that in essence he has made his current web job an anachronism of sorts. Kevin will become Deputy Business Editor for News, a newly created position that better reflects the direction our news operation has taken — integrating his current web role with the day-to-day running of our year-old news desk.
Kevin will oversee the production and presentation of our news – regardless of the platform. He will have responsibility for the daily news report, print and digital, including supervising our web producers and our morning and late news editors. He will also coordinate our collaboration with the video, graphics, social media and design groups. On the BizDay news desk, Kevin will work closely with Aimee Harris, John Woods and Jack Lynch, and with producers Kevin Granville, Kelly Couturier, and Tamara Best.
His new position is about presenting all of our news in all of its forms – web, mobile, print, social media, video – with creativity and imagination and to the exacting standards of The Times. Anyone who has worked with Kevin during his nearly three decades here knows that there is no more capable, knowledgeable and dedicated editor. He oversaw the launch and early phases of The Times website, worked on the foreign, metro and news desks, served double stints as technology editor, and edited the former Circuits section before it was integrated into BizDay. And now once again, Kevin will be at the cutting edge of our changing report.
After a year as the anchor of BizDay’s news desk, Adrienne Carter is also on the move.
Adrienne will become International Business Editor, overseeing our correspondents across the globe and coordinating coverage of business and economic news with the INYT. Adrienne is ideally poised to take on this important role. In her current job, she has worked tirelessly with our colleagues in London, Paris and Hong Kong to elevate and integrate our business report, and has had a hand in editing stories from all corners of the globe. Adrienne came to The Times in 2010 as the DealBook morning editor, after tours at Money and BusinessWeek as both reporter and editor (as well as a brief stint overseeing an internal Web site for financial advisers at Morgan Stanley Smith Barney).
She is not only the first licensed broker to serve as International Business Editor (that I know of, anyway), but she takes her new job just weeks after her debut as an international business writer with a dress-page piece about a luxury resort in Vista Flores, Argentina. No, she won’t be a player/coach, but we should probably prepare for more pieces about exotic getaways in distant lands.
Adrienne and Kevin will take up their new posts on March 10.
by Chris Roush
Alex Pareene writes for The Baffler about The New York Times‘ Dealbook, which is run by Andrew Ross Sorkin and Pareene argues is soft on Wall Street.
Pareene writes, “Until a decade or so ago, the Times had flattered and entertained its audience with generous coverage of culture, arts, food, real estate, and travel (rich people interests) but had essentially abandoned the world of finance to its (formerly) downtown competitor, the Wall Street Journal. This is the opportunity Sorkin saw when he first pitched DealBook back in 2001, and it’s worked phenomenally well for him and the paper. After all, finance coverage in the mainstream press is intended for an audience of financial professionals, not the consumers of financial products—in much the same way that, say, the paper’s real estate coverage isn’t exactly intended for people who find housing arrangements on Craigslist. (This is the only possible explanation for something like DealBook’s lovingly detailed ‘Vows’-style account of the March 2013 wedding of Lloyd Blankfein’s son: by treating the investment bank scion as a bold-faced name-cum-nuptial-tastemaker, Sorkin’s shop was reminding the members of the financial elite, yet once more, that they were an invaluable breed apart.)
“There is a slight tension, though, between the (ideal) rich, liberal Times reader and the Wall Street titan who religiously refreshes DealBook. The Times reader, while rich, is more likely to accept the notion that Wall Street is corrupt, destructive, and far too powerful. But finance professionals could not function without the delusion that their jobs are beneficial, indeed essential, to society as a whole.
“This tension has colored the Times’ coverage of business and economics for years, and it has expressed itself in some weird hiring choices. Some of those hires seemed almost designed to repel the paper’s natural longtime audience. A partnership with the Freakonomics guys—University of Chicago economist Steven D. Levitt and his journalist/amanuensis Stephen Dubner—made a certain kind of sense. But having arch-libertarian John Tierney write a sort of science column for years (with a two-year stint on the op-ed page) seemed like high-level trolling. Or sometimes very low-level trolling—as when the Times sent Tierney to Zabar’s during the 2004 Republican National Convention to badger rich liberals about their ‘consciences.’ Tierney concluded that Republicans, while perhaps zealots, were ‘less smug than the Upper West Siders.’”
Read more here.
by Chris Roush
Josh Barro, the outgoing Business Insider political editor, is joining The New York Times to take part in David Leonhardt‘s new policy venture, reports Dylan Byers of Politico.
Byers writes, “Barro, a former Bloomberg View blogger who writes frequently about economic policy, joined Business Insider in May 2013 and has since become a fixture on MSNBC’s daytime programming. He announced his departure from BI on Monday but declined to share details about his next move.
“Leonhardt, the former Washington bureau chief at the Times, has been tasked with spearheading a new policy vertical in the wake of Nate Silver’s departure to ESPN. He has described the vertical as an effort to ‘demystify politics, economics, health care and other issues.’ Laura Chang, the former Times Science editor, and Damon Darlin, the former Times Technology editor, have been tapped to assist with the project.
“Leonhardt’s project is one of many burgeoning analytical projects in media today. Both Silver and Ezra Klein, the former Washington Post blogger, are building their own sites while the Times, The Washington Post and The Wall Street Journal have all announced plans to embark on new data-driven ventures.”
Read more here.
by Chris Roush
David Leonhardt, the Pulitzer Prize-winning economics reporter for the New York Times leading a new venture for the paper, sent out the following staff announcements for that operation:
Late last year, Jill announced that we would be creating a new politics-and-policy website with a focus on data, and I want to update everyone on our progress. Our goal is to use a conversational style to demystify politics, economics, health care and other issues. We will publish a steady stream of pieces on a website within nytimes.com, some of which will run in the paper, and also create many graphics and interactive tools. As a model, think of the multimedia package that ran last summer on upward mobility or the 2010 deficit puzzle.I’m thrilled to announce a stellar new group of journalists and contributors who have joined the team:
Laura Chang and Damon Darlin join us as the two editors who will help to run the venture. They are a dream team for this work. Laura spent seven years running our world-beating Science desk and has most recently run the Booming blog. She’s known as an intensely smart and calming editor with a particular talent for melding words and graphics. A Seattle native and graduate of (as they say there) U-Dub, Laura joins Nate Cohn in our group’s ex-pat Pacific Northwesterner caucus.
Damon, now the international business editor, comes to us originally from the Midwest — Dubuque, Iowa — by way of journalistic stints in Asia, Washington and across the U.S. At The Times, he has written an engaging personal-finance column, played a pivotal role in the launch of The International New York Times and, as technology editor, helped make the Bits blog such a success. Damon is the classic early adopter (check out his robot vacuum cleaner) who brings the mix of rigor and imagination that we want. He’ll start work in New York before moving to Washington later this year.
Josh Katz becomes the second trained statistician to join the group (along with Amanda Cox). Josh joined the graphics department as an intern last summer, after graduate school at N.C. State, and reeled off an impressive series of graphics on many subjects. Oh, yes: he’s also responsible for the most visited page in the history of The New York Times website, the famed dialect quiz. Josh conceived of the project and developed its algorithm. He’s from South Jersey, enjoys the occasional hoagie and has yet to visit a brew-thru.
Kevin Quealy has spent much of his six years at The Times making me and other colleagues look more talented than we are. He is the creative force behind some of our most successful interactive projects, including the still-popular rent-vs-buy calculator, the deficit puzzle, the 100-meter dash video and the NYT 4th Down Bot. A graduate of Gustavus Adolphus College (physics), the Peace Corps (South Africa) and the University of Missouri (journalism), Kevin will be the first to tell you that all of his projects here have been collaborative efforts, and they were. But don’t let his Minnesota humility fool you: He’s one of the sharpest journalists I’ve ever met.
Derek Willis is the intellectual father of The Times’ Interactive News department. So says Aron Pilholfer, who runs that department. Derek’s groundbreaking work at The Washington Post helped persuade The Times to create an Interactive department — and Derek has since helped Aron build that department into the industry’s best. A former CQ writer with a reporter’s instinct and a developer’s mind, Derek has been central to The Times’s breathtaking election-night coverage, the success of 538 when it was here and many other things. “I couldn’t do my job without him,” says Nick Confessore. Perhaps Derek’s greatest accomplishment, though, came in college, when his column in the University of Florida student newspaper led coach Steve Spurrier to call him “a punk and a jerk.” If you know Derek, you see the humor in this.
Our most recent addition is Darcy Eveleigh, whom many people around the paper know as a highly creative photo editor. Five years ago, she took a trip to the Times Photo Archive and, as she says, “soon found myself spending every spare moment lost in the picture collection.” Her adventures there led to the “Lively Morgue,” which has grown into a Tumblr with 88,000 followers. Born in Brooklyn, raised in Staten Island, now living with her family in Manhattan, she will work with Michael Beschloss and guide our site’s photography. As I’ve said before, history — what the past tells us about the present and future — will play a central role in our work, making Darcy an excellent member of our team.
We’re also adding three more contributors:
Brendan Nyhan has established a reputation as one of the most thought-provoking writers about politics on the web. Bloomberg View says he’s part of “a new breed of conscientious political science bloggers… subtly tailoring the discourse, creating reputational hazards to seat-of-the-pants punditry.” Brendan is a political scientist at Dartmouth and has most recently been writing for the Columbia Journalism Review.
Lynn Vavreck, a U.C.L.A. political scientist, is already well known to politics aficionados. She has written several smart pieces for The Times and is the author, with John Sides, of “The Gamble,” a book about the 2012 campaign. Listen to the raves: Ryan Lizza called the book “mandatory reading.” Nate Silver called it “the definitive account” of the campaign. Ezra Klein said the book “should change how we cover campaigns.”
Finally, Sendhil Mullainathan joins us to write about economics, poverty and other topics and to help us design online interactives. A MacArthur “genius grant” winner and Harvard professor, Sendhil is one of the world’s leading behavioral economists. He’s the author, with Eldar Shafir, of the recent book “Scarcity.” To listen to Sendhil talk is to understand how economics can be both important and fun.
We’ll have more to say about the project soon.
by Chris Roush
New York Times business editor Dean Murphy sent out the following staff announcement on Tuesday afternoon:
We are sorry to announce that Catherine Rampell is leaving The Times to become an op-ed columnist at the Washington Post.
Catherine has been a member of our economics team since 2008, when she joined us from The Chronicle of Higher Education as our online economics editor and chief blogger for Economix. Later, she became a member of New York-based economics reporting team, along with Nelson Schwartz and Shaila Dewan, and has covered a wide range of topics. She played an on-camera role in an early experiment with daily business video, and has also written guest economics columns for The Magazine and Sunday Business (and more than the occasional theater review for Culture).
Catherine has been a generous colleague to many of us on BizDay, always willing to share her expertise and insights. We’ll miss her. We wish her well in her new job, and her new career direction.
Rampell is a Princeton University graduate.
by Chris Roush
New York Times business editor Dean Murphy sent out the following announcement to the staff on Tuesday:
As The Times moves to become an even more authoritative force in consumer technology, we have terrific news: Molly Wood, recently of the CBS-owned tech website CNET, is coming to Business Day as a deputy technology editor with primary responsibility for our consumer tech coverage.
In addition to helping us shape that coverage, Molly will review products, appear in videos, write a column (Tool Kit for starters) and more generally keep us at the cutting edge of consumer tech in print, on Bits, on social media – anywhere and everywhere our readers can be engaged.
Molly, who has been covering personal technology from Silicon Valley for 13 years, is a technocrat without sounding like one. “I’m the fun geek at the party,” she says. “I bring life to technology, because I’m actually passionate about it.”
Times readers got a taste of Molly’s work when she was a guest columnist last month for “State of the Art.” She wrote about the new Mac Pro, the high-end ($8,000 plus) desktop, which Apple loaned to her for the review. “For the moment, I am living the life of a tech one-percenter,” Molly wrote. Her takeaway? “In car terms, the new Mac Pro is like a Ferrari or a Maserati. It’s gorgeous, sexy and powerful, and a few rich people will probably buy one in order to go fast. But that doesn’t mean it could cut it in Formula One.”
Molly is best known as the host of “Buzz Out Loud,” a daily CNET podcast and webcast, as the executive producer and host of “Always On with Molly Wood,” a weekly half-hour review show, and as a consumer tech commentator at a blog appropriately named “Molly Rants.” She’s run a half marathon to test wearable fitness devices, jumped from a plane snapping photos from a smartphone, and tested a phone’s durability by crushing it with grapes barefoot in Napa Valley. In 2012, she was a finalist for an ASME online magazine award for her blog commentaries.
Molly got her start in journalism in her home state of Montana working for the Associated Press in the state capital, and later dabbled in sports writing during an A.P. stint in Omaha (she covered Huskers basketball and the College World Series baseball tournament). She had a short run as a magazine writer at MacHome Journal, a now-defunct monthly that focused on Apple technology, before moving to CNET, where she worked with our own Jim Kerstetter, a deputy tech editor in San Francisco.
Molly, who will also be based in San Francisco, will work closely with Jim and Farhad Manjoo, our new State of the Art columnist, as well as Joe Plambeck, our deputy tech editor in New York, and Ashwin Seshagiri, tech’s web producer. Molly starts at the end of the month.
by Chris Roush
But I was not actually very disappointed, because my new job at the WSJ and the colleagues I’d found myself working with were pretty much perfect.
Honestly, I mean that very sincerely. I wish there was an emoticon I could use to indicate I’m not speaking out of the corner of my mouth when I say this. The fact that I spent like four seconds at the WSJ before departing to a rival raises all kinds of assumptions—mainly about my own character, granted, but also regarding the WSJ.
And I want to nip those in the bud. Over the last few months, I’ve gotten a chance to work with some of the best reporters and editors anywhere. Jonathan Krim, the editor who hired me, was a master to work with, and he has assembled an amazing team whose skills I was constantly in awe of. Until about a couple weeks ago, I thought I would work at the WSJ for a very long, happy time. Krim has big plans for the place, and I was eager to be a part of them.
Indeed, even after I got the NYT offer, I agonized about what to do. Yes, this is sort of like the agony of choosing between two very delicious pieces of cake, but still. I was on the fence about this, and though I’m thrilled beyond words about the NYT, I really hope those guys at the WSJ know that I bear them no ill will.
Read more here.