Tag Archives: New York Times
by Chris Roush
New York Times political editor Carolyn Ryan sent out the following announcement on Tuesday:
I’m delighted to announce that Amy Chozick will be joining our political team, with a special focus reporting on Hillary Clinton and the Clinton family.
Amy is an unusually gifted reporter, with a unique ability to penetrate tight-lipped institutions and deliver dazzling and detailed stories from within. She is relentless and not easily intimidated: her coverage of News Corporation prompted Rupert Murdoch to personally debate the lede in one story. (“Rupert Murdoch was getting cold feet.”).
Amy joined The New York Times to cover corporate media in 2011 and has chronicled major developments and corner office intrigue among the industry’s powerbrokers. Her sophisticated coverage of stories such as terminal snooping at Bloomberg LP and phone hacking at News Corporation has won her praise inside and outside of the Times.
She has terrific range and broad curiosity: she wrote front-page stories about the Koch Brothers eyeing newspapers, the Assad family hiring Western P.R. firms to bolster its image abroad, and the hacking collective Anonymous targeting media executives.
In addition to media stories, Amy got the first extensive interview with Chelsea Clinton and traveled to Africa with Bill Clinton to write the front-page curtain raiser to Mr. Clinton’s speech at the Democratic National Convention.
Prior to joining The Times, Amy spent eight years at The Wall Street Journal, where her posts included foreign correspondent based in Tokyo, national political correspondent and a features writer covering the entertainment industry. As a member of Barack Obama and Hillary Clinton’s traveling press corps she rode on oddly aromatic campaign buses in 48 states and covered more than 20 debates. (“You’re likable enough, Hillary”).
She then wrote features about politics, including a WSJ. Magazine profile of White House Social Secretary Desiree Rogers.
A native of San Antonio, Texas, Amy began her journalism career when she moved to New York with no job, no apartment and a stack of clips from The Daily Texan. She lives in the East Village with her husband, Robert Ennis.
by Chris Roush
The Times examined the allegations and found that the claims were without merit.
Editors have reviewed this situation in detail with Cliff. He says these exchanges were strictly regarding his role as a consultant with his company, the Oxford Center for Entrepreneurs. He did not make any suggestion that he would be covering the companies for You’re the Boss and in fact specifically noted that he was not representing The Times.
by Chris Roush
A writer for The New York Times “You’re the Boss” blog has been requesting thousands of dollars in “expenses” and travel airfare from a public relations firm trying to get its clients covered in the Times, according to emails obtained by Gawker’s Nitasha Tiku.
Tiku writes, “‘This is a minimum investment and shows the company has some skin in game,’ wrote the blogger, Cliff Oxford, in an email last week to a PR executive representing tech companies. ‘My daily rate is 10 grand per day so I am putting my time on line.’
“Oxford, a former VP at UPS who sold his technology outsourcing company in 2003, once tried to run for senator in Georgia and currently manages an education company called Oxford Center for Entrepreneurs. He also writes for ‘You’re the Boss,‘ a group blog on the web site of Times‘ business section that dispenses advice on how to grow companies. The Oxford Center’s homepage prominently links to Oxford’s Times posts at the top of the page.
“When a PR executive representing tech companies reached out to Oxford in January to try to get his clients covered in ‘You’re the Boss,’ Oxford responded by asking for the tech company to cover his travel costs. As the two continued discussing coverage, Oxford’s demand increased to $1,188 per company for travel expenses, including flight, hotel, food, parking, and car.
“Oxford’s blog posts may seem like an odd choice of publicity for budding tech companies, but the value of a New York Times logo to your small startup’s press page can’t be overstated. And he does occasionally mention outside companies, like Tumblr. ‘That’s what I call a winner,’ he wrote of the CEO of an indoor trampoline park company. In December, he profiled an ear, nose, and throat facility in his home city. Oxford also devoted an entire post to an accounting firm that sponsors the Oxford Center, noting the relationship in a parenthetical disclosure.”
Read more here. The Times was looking into the situation, reports Tiku.
by Chris Roush
Bill Riordan, head of product at Reuters Next, sent out the following staff departure announcement for the Reuters.com tech editor on Thursday:
I wanted to make you all aware that Paul Smalera will be leaving Reuters to take on a new role at the New York Times.
Paul has played a huge role on Reuters Next from its inception. From his contribution to the project’s initial vision through shipping its first piece of working code, he’s been an essential part of the product and editorial teams from day one. Prior to joining the Reuters Next team, Paul made many valuable contributions to Reuters Opinion, particularly in bringing in outside writers and shaping our technology coverage. He also created a new Techtonic video interview series, with guests including Fred Wilson and Cory Booker.
Paul’s last day will be this Friday. In the meantime, Lauren and I will be working closely with you to make sure editorial continues to drive the vision for our product.
Please join me in wishing Paul all the best. He’ll be sorely missed.
by Chris Roush
David Barboza and Sharon LaFraniere of the New York Times received the Gerald Loeb Award Tuesday evening in international reporting for “China’s Secret Fortunes,” the first of three Loebs that the paper received for its business journalism.
The Times also won in the images/interactives category for “Economy Interactives” and in the investigative category for David Barstow, Alejandra Xanic von Bertrab and Stephanie Clifford‘s work for “Wal-Mart Abroad.”
Two other news organizations received multiple Loebs.
Brian Grow, Anna Driver, Joshua Schneyer, Janet Roberts, Jeanine Prezioso, David Sheppard and John Shiffman of Reuters won in the news service category for “Inside Chesapeake Energy.” (Grow was named the Talking Biz News co-business journalist of the year in 2012 for his work on Chesapeake. The other co-winner was Barstow of the New York Times.)
Tom Bergin of Reuters won in the beat reporting category for his “Corporate Taxation” series.
In the small and medium newspaper category, there were two winners: Mandy Locke and David Raynor of The (Raleigh) News & Observer for “Ghost Workers” and Ames Alexander, Karen Garloch, Joseph Neff and Raynor of The Charlotte Observer and The (Raleigh) News & Observer for “Prognosis: Profits.”
The awards, which are administered by the UCLA Anderson School of Management, are considered the Pulitzers in business journalism. They were announced at a dinner in New York on Tuesday evening.
There were also two winners in the magazine category: Connie Bruck of The New Yorker for “Cashier du Cinema” and Robert Capps of Wired magazine for “Why Things Fail.”
The online category winner was Alison Young and Peter Eisler of USA Today for “Ghost Factories.”
Thomas Lee, David Phelps, Janet Moore, Paul McEnroe, Tony Kennedy, Patrick Kennedy and Eric Wieffering of the Minneapolis Star-Tribune won in the breaking news category for for “Best Buy CEO Resigns Under Cloud.”
Byron Harris, Billy Bryant, Jason Trahan and Mark Smith of WFAA-TV won in the broadcast category for “Denticaid: Medicaid Dental Abuse in Texas.”
Mike McGraw and Alan Bavley of the Kansas City Star won in the explanatory category for “Beef’s Raw Edges.”
In the large newspaper category, the winner was Patricia Callahan, Sam Roe and Michael Hawthorne of the Chicago Tribune for “Playing With Fire.”
by Chris Roush
New York Times business editor Dean Murphy and an editor for Dealbook Jeffrey Cane sent out the following staff hire announcement:
Great news from the Finance/DealBook cluster: We will be adding two new reporters this summer, both from The Financial Times, as we replenish our ranks — and then some — in our continued mission to offer our readers the smartest and most insightful Wall Street coverage around.
We’re pleased to introduce our newest colleagues:
David Gelles, who has been a formidable competitor as the FT’s New York-based reporter covering mergers and acquisitions. David first caught Andrew Ross Sorkin‘s eye for his many scoops, and his smart analysis of big corporate deals. But David, who has been at the FT for five years, has broad experience beyond mergers and acquisitions. He spent two years covering technology from San Francisco, and was also the paper’s U.S. media and marketing correspondent. He has won various awards, including a SABEW for a FT Weekend Magazine piece based on a jailhouse interview with Bernie Madoff.
In his earlier years as a freelancer, David wrote for a host of prominent publications, including a piece for our own Home section — “Down and Dirty” — on the earthen floor movement (people who prefer dirt over hardwood or carpeting) and a piece on mountain unicycling for Sports.
David will spend the summer finishing a book that charts the impact of Eastern wisdom — meditation, yoga and more — on Western business, before starting here after Labor Day. He studied philosophy at Boston University as an undergraduate, and journalism as a graduate student at the University of California, Berkeley, where he helped develop a program in entrepreneurial journalism. As for that book on Eastern wisdom? He also studied Buddhism in Bodh Gaya, India.
Alexandra Stevenson, who is a London-based reporter for the FT covering European markets. Alex started at the FT three years ago as a fellow in the paper’s South Asia bureau in New Delhi. She has been a writer for “beyondbrics,” the paper’s emerging markets blog, and has been a companies beat reporter in London.
A Canadian who was born in the United States, Alex has a special interest in China, where she studied at Peking University and worked at the now-defunct Asia Weekly Magazine and as a freelancer for various broadcast outlets. In the category of lessons-learned-working-for-an-authoritarian-regime: During a brief stint with China Radio International — the state broadcaster — she recorded a voice-over for a report on the financial crisis that played at the 2009 National Party Congress. But when she wanted to question party officials about building standards on the anniversary of the Sichuan earthquake, she was unceremoniously sidelined.
Alex has a bachelor’s in political science from McGill University in Montreal, and also studied Mandarin at Liaoning Normal University in Dalian, China. She will move to New York later this summer.
by Chris Roush
Andrew Ross Sorkin of The New York Times writes about how some bankers and lawyers like to leak to the business media the deals they are working on.
Sorkin writes, “Of course, the topic of this column hits a little too close to home. I will share a bit more, but not too much. A magician, as they say, never reveals his secrets.
“First, leaks become exponentially more likely as more people are added to a transaction, whether it be people inside the acquirer or target, or perhaps, as additional advisers are included in the process. If a big deal needs financing — as in debt from banks — the risk of leaks jumps. Every bank contacted then knows about the deal, as does the bank’s law firm. And it is not just one or two bankers and lawyers who were first contacted — it’s often dozens of them. Every banker or lawyer who brings on a new client must clear the new assignment with a ‘conflicts committee.’ That committee can have half a dozen or more people on it — and those people may have to check with others at the firm who are working on competitive projects. This is true not just of banks and law firms but of consulting firms, accounting firms and public relations firms.
“The private equity world poses its own problem. Those firms often have large investment committees and also employ armies of outside consultants and law firms that typically do much of the heavy lifting when it comes to going through the books and records of prospective targets.
“By the time deal talks begin in earnest, it is almost impossible that fewer than 100 people know about it; more likely it’s many more. If there is a ‘bake-off’ — a competition among advisers for the assignment — the number is even higher. And if there is an auction, well, forget about it.”
Read more here.
by Chris Roush
Brian Stelter of the New York Times talks with Chris Ariens of TVNewser.com about how he got started covering the television industry and parlayed that into a job at The Times.
by Chris Roush
The Overseas Press Club named its 74th annual winners for the OPC Awards, and several are business journalism.
Jeremy Page of The Wall Street Journal won the Bob Considine Award for best newspaper or wire service interpretation of international affairs for his stories about the mysterious death of a British businessman, but provided startling glimpses into the life of one of China’s leading Communist Party bosses before he was fired in disgrace, as well as a look at the privileged lifestyles enjoyed by at least some corrupt politicians in today’s China.
The judges wrote, “The stories are notable for depth of reporting, an even presentation of the evidence, and a balanced tone. Nevertheless, taken together, they form a damning case that the wife of Chongqing party leader Bo Xilai may have poisoned businessman and family adviser Neil Heywood, a crime for which she was ultimately convicted. Aside from exposing the political scandal of the year in China, Page interprets the events in light of the power struggles taking place in the country just prior to its once-in-a-decade transfer of leadership.”
Michael Riley, Ashlee Vance with Zoe Schneeweiss of Bloomberg Businessweek won the Frank Morton Award for best business reporting abroad in magazines for their story, “It’s Not Paranoia If They’re Stealing Your Secrets: Inside the Chinese Boom in Corporate Espionage.”
The judges wrote, “This timely, well-written account shows how the unprecedented scale of Chinese corporate espionage and wholesale intellectual property theft is devastating U.S. companies. This strongly sourced story details the plight of American Superconductor Corp. which discovered that Sinovel, a Chinese wind turbine manufacturer that was once its biggest customer, schemed to steal and illegally replicate AMSC’s software and electronic systems to power more than 1,000 Chinese windmills.”
David Barboza of The New York Times won the Malcolm Forbes Award for best newspaper or wire service business reporting abroad for “China’s Secret Fortunes.”
The judges wrote, “David Barboza penetrated to the heart of China’s secretive system to provide an intricate and painstaking chronicle of linkages between the Communist Party’s most powerful families and the government’s state-owned enterprises and investments. The fact that The New York Times placed all four parts of the series on its front page helped change the world’s debate about the structure of power and wealth in China. Barboza and the newspaper took large risks in exposing the wealth that China’s top families have accumulated. The Times later reported that Chinese hackers persistently attacked the publication’s computer systems during the reporting for this series.”
Michael Forsythe, Shai Oster, Natasha Khan, Dune Lawrence, Ben Richardson and Henry Sanderson of Bloomberg News won for Best Investigative Reporting in any medium for “Revolution to Riches.”
The judges wrote, “Through painstaking analysis of the families of Xi Jinping and the so-called ‘Eight Immortals’ and ingenious scrutiny of regulatory filings to trace holding companies to these families, the reporters were able to demonstrate for the first time how China’s elite have used political influence for enormous personal gain. In the process, they have fundamentally changed our understanding of the Chinese state.”
See all of the winners here.
by Chris Roush
There appears to be three Pulitzer Prizes awarded Monday for work in business and financial journalism.
Three other works of business and financial journalism were finalists.
The Pulitzer for investigative reporting was awarded to David Barstow and Alejandra Xanic von Bertrab of The New York Times for their reports on how Wal-Mart used widespread bribery to dominate the market in Mexico, resulting in changes in company practices.
A finalist in that category was Patricia Callahan, Sam Roe and Michael Hawthorne of the Chicago Tribune for their exposure of manufacturers that imperil public health by continuing to use toxic fire retardants in household furniture and crib mattresses, triggering reform efforts at the state and national level.
The Pulitzer in explanatory reporting was awarded to The New York Times staff for its penetrating look into business practices by Apple and other technology companies that illustrates the darker side of a changing global economy for workers and consumers.
A finalist in the explanatory category was Tony Bartelme of The Post and Courier, Charleston, S.C., for his stories that helped readers understand the complex factors driving up their insurance bills.
The Pulitzer for commentary was awarded to Bret Stephens of The Wall Street Journal for his incisive columns on American foreign policy and domestic politics, often enlivened by a contrarian twist.
A finalist in the local reporting category was Ames Alexander and Karen Garloch of The Charlotte (N.C.) Observer and Joseph Neff and David Raynor of The News and Observer, Raleigh, N.C., for their tenacious joint project investigating how the state’s major nonprofit hospitals generate large profits and contribute to the high cost of health care
See all of the winners and finalists here.