Tag Archives: SABEW


Seven biz journalists elected to SABEW board


Seven business journalists have been elected to the board of the Society of American Business Editors and Writers, which also installed a new president on Saturday evening.

The board members elected are:

1.Diana Henriques, a contributing writer to The New York Times;

2. Andrew Leckey, president of the Donald W. Reynolds National Center for Business Journalism;

3. Gary Silverman, U.S. deputy managing editor of the Financial Times;

4. Kevin Shinkle, deputy business editor of the Associated Press;

5. Pamela Yip, personal finance columnist for the Dallas Morning News;

6. Chris Peacock, vice president of CNNMoney.com;

7. James Madore, senior business writer for Newsday.

Henriques, Silverman, Yip and Peacock were incumbents. Lisa Gibbs of Money magazine chose not to run for re-election. Walden Siew of Reuters resigned from the board earlier this year.

Kevin Hall, the national economics correspondent for McClatchy Newspapers, took over as president of the organization, which is based at Arizona State University. He replaces Jill Jorden Spitz of the Arizona Daily Star.


Cramer at SABEW

Good and bad in business journalism, says Cramer


There are some good and bad areas of business journalism, said CNBC “Mad Money” host Jim Cramer, and also some areas that could use improvement.

“Business journalism is now everywhere, and just a keystroke away, as it should be,” said Cramer, who was the dinner speaker at the Society of American Business Editors and Writers annual conference on Saturday night.

Cramer said that he thinks that coverage of the intersection of Washington and business is “superb,” but he lamented most of the company coverage in the country. He also was critical of coverage of the Securities and Exchange Commission, calling it “perplexing.”

In terms of company coverage, Cramer told the audience that he used to subscribe to daily newspapers around the country to read their coverage of local companies. That has changed, he said, and daily newspapers no longer provide good coverage of companies.

“I find our coverage of individual cmpanies to not be aggressive enough,” said Cramer, although he noted that there is too much coverage of companies such as Apple, Google and Yahoo. “This is a horrendous development.” Cramer urged business journalists to be more aggressive in their coverage of executives who have mismanaged companies.

Cramer also noted how the internet has changed business journalism, and he defended CNBC’s recent “Rise Above” campaign.

The co-founder of TheStreet.com also admitted that he hasn’t necessarily done a good job always with his coverage, but he said he believed that the industry needed to start a discussion on how to improve coverage.

“The stock market coverage is too bearish,” Cramer added. “We need to be more even.”

During an earlier conversation with Talking Biz News, Cramer said he was a big fan of Bloomberg News and its coverage.



The value of ethics in business journalism


The ethical rules of business journalism online should not be any different than the standards for traditional print or broadcast business journalism, said a group of top business journalists on Saturday.

“It’s a lack of common sense,” said Karen Pensiero, assistant managing editor of The Wall Street Journal, about the problems that can occur with business journalim on Twitter or other outlets. “It’s a lack of remembering what our core ethics are.”

Pinsiero, as well as Bloomberg News executive editor Susan Goldberg and Washington Post executive editor Marty Baron were on a panel of journalism ethics at the annual Society of American Business Editors and Writers conference in Washington, D.C.

“I don’t think the standards of accuracy should be any less for online,” said Goldberg.

Baron encouraged the journalists in attendance to use traditional reporting methods.

“One great way is to pick up the phone,” said Baron. “:The problem is that everybody wants to be first.”

Added Goldberg: “Sometimes you even leave the building.”

Baron said, however, that not everything that business journalists post online can be reviewed by editors. Media organizations have to rely on the skills and training of their staff.

Pensiero said she believes that overall online delivery methods such as Twitter have been positive for business journalism and what is being experienced now are “growing pains.” She added that problem tweets from journalists are sometimes flagged by their colleagues.

“What we tell people on social media is pretend like your on television for us,” said Pensiero.

“Pause for a minute” before sending something out, said Baron. “I think that would be great.”

Marty Steffens

Three biz journalists to be honored at SABEW’s 50th anniversary


Three business journalists, including a founding member, will be honored with SABEW President’s Awards at the 50th annual spring conference of the Society of American Business Editors and Writers in Washington, D.C., April 4-6.

Founding member Gene Miller, of Boca Raton, Fla., will be joined by Myron Kandel and Martha Steffens.  Kandel, of New York City, is SABEW’s only two-time president.  He initiated business coverage at CNN.  Steffens has held the SABEW chair position at the University of Missouri for the last 11 years.

“These are three giant figures in business journalism,” said Warren Watson, executive director of SABEW.   “The three have served the business journalism community for more than 160 years.”

The awards will be presented at a special gala on Saturday night at the Mayflower Renaissance Hotel, capping a three-day conference featuring business and government keynoters and dozens of other workshops and sessions.  George Washington University’s Marvin Center will be the headquarters for the conference. Speakers over three days include Mad Money’s Jim Cramer, AOL CEO Tim Armstrong, the Fed’s Janet Yellen and economist David Stockman.

Miller helped to organize SABEW’s first conference in New York City 50 years ago, initiating SABEW’s signature education event, a tradition that continues every spring.  He enjoyed a long career in journalism and other fields, and today still teaches as an adjunct at Florida Atlantic University in Miami.

Miller served in the U.S. Navy during World War II and was a speechwriter for President Eisenhower, who was running for re-election in 1956. He has been director of 12 companies and been in leadership positions at McGraw Hill, Inc., the New York Stock Exchange, CNA Financial Corporation and the USG Corporation.

Miller’s journalism career began as a reporter, and later editor, of the Greensboro Daily News (N.C.). He also worked for Business Week magazine and Newsday in New York. He has written and edited many books, including the Barron’s Guide to Graduate Business Schools. He was business editor of NBC’s Today Show during Dave Garroway’s tenure as host.

Kandel was once named one of the 10 most influential financial journalists of the 20th century, a fitting accolade for the television-news pioneer and CNN’s founding business and financial editor.

Before his decades-long tenure at CNN, Kandel served as the financial editor of three newspapers – the Washington Star, the New York Herald Tribune and the New York Post – and a reporter for the New York Times, foreign correspondent for the Herald Tribune, syndicated columnist and editor of the New York Law Journal.

Kandel joined SABEW in its second year and holds the distinction of being its only two-time president – in 1976 and 1996.

Steffens enjoyed a long journalism career in various roles, including top editor, before she was named to the SABEW in business and financial journalism chair in 2002.

In her role, she teaches business and financial journalism, as well as organizing seminars for business journalism professionals. Steffens has taught hundreds of workshops over the years, and lectured in Russia, the Czech Republic, Norway, Jamaica and Italy, among other countries.

Before Missouri, she enjoyed a 30-year career in newspapers, including executive editor of the San Francisco Examiner, and earlier the Press & Sun Bulletin in Binghamton, N.Y.


SABEW to hold 2014 conference in Phoenix


The Society of American Business Editors and Writers, which is holding its 50th anniversary conference next week in Washington, D.C., will meet in 2014 in Phoenix.

The 2014 conference will be held in April, but the dates have yet to be finalized, said executive director Warren Watson.

SABEW held its 2010 conference at the Walter Cronkite School of Journalism at Arizona State University in downtown Phoenix. It is also the location of SABEW’s headquarters.

“We had a positive experience in Phoenix in 2010, so we will be returning in 2014,” said Watson. “ We’re based here as an organization, so that will help us a lot.”

Marty Wolk, current secretary, has been asked to be the conference content coordinator.

For the 2015 conference, the intention is to discuss a few options back in the East, said Watson, but nothing is really formed at this point.  No formal proposals have been made yet for the year 2015.


Seven seeking election to SABEW board


Seven people affiliated with business journalism are seeking six spots on the board of directors for the Society of American Business Editors and Writers.

The winners will be announced at the SABEW annual conference in Washington, which is April 4 to April 6.

Those seeking board seats are:

Gary Silverman, U.S. deputy managing editor and U.S. news editor of the Financial Times (incumbent);
Diana Henriques, contributing writer for The New York Times (incumbent);
James Madore, senior business writer at Newsday;
Kevin Shinkle, deputy business editor of The Associated Press;
Pamela Yip, personal finance and senior/aging reporter, The Dallas Morning News (incumbent);
Andrew Leckey, president, Donald W. Reynolds National Center for Business Journalism;
Chris Peacock, vice president, CNNMoney.com (incumbent).

Those elected will serve three-year terms. You may read the candidates biographies and statements of candidacy here.


SABEW to hold teletraining on covering sequestration


The Society of American Business Editors and Writers will hold a telephone conference call next week for business journalists interested in covering angles of the sequestration.

The call will be held on Monday, March 18 at 2 p.m. EST. The moderator will be Bernie Kohn, a former SABEW president who now is an editor at Bloomberg News in Washington.

To sign up for the call, click here. On the day of the call, dial (218) 339-2626 and, when prompted, enter the access code 4058935 and you’ll be put in to the call. Callers may only listen in to the panelists’ discussion, but may submit questions to sabew@sabew.org that will be sent to the moderator for possible inclusion in the hour-long discussion.

Also on the call will be James Politi, U.S. economics and trade correspondent, the Financial Times; David Lightman, McClatchy Washington Bureau, chief congressional correspondent and national political reporter; and Rob Terry, managing editor of the Washington Business Journal.


Nineteen journalists receive money to attend SABEW


Nineteen journalists have been chosen to receive scholarships to attend SABEW’s 50th anniversary conference in Washington, D.C., April 4-6.

Funding came from four separate sources – SABEW’s Dave Morrow and Benita Newton funds, plus charitable contributions from the Goldschmidt Family Foundation and the SABEW chair at the University of Missouri, according to Warren Watson, SABEW executive director.

Here are winners of this year’s grants:


· Cassie Cope, student journalist, University of South Carolina
· Matthew Kish, reporter, Portland (Ore.) Business Journal

(Designated for minority journalists)

· Wendy Lee, reporter, Southern California Public Radio
· Meena Thiruvengadam, independent journalist, Chicago
· Marissa Evans, independent journalist, Milwaukee
· Gabriela Rico, reporter, Arizona Daily Star
· Lisa Du, reporter, Newsday
· Robyn Hutson, student journalist, Howard University

(Preference given to 2012 SABEW Best in Business winners)

· Jim Doyle, reporter, St. Louis Post-Dispatch
· Kevin Allenspach, reporter, St. Cloud (Minn.) Times
· Joanna Sullivan, editor, Baltimore Business Journal
· Elvina Nawaguna, reporter, Reuters
· Karen Miller, business editor, Reading (Pa.) Eagle
· Adam Sichko, reporter, Business Review (Albany, N.Y.)
· Megan Schnabel, business editor, Roakoke (Va.) Times


· Steve Reiss, managing editor, Crain’s Chicago Business
· Whit Richardson, business editor, Bangor (Maine) Daily News
· Rachel Bonar, student journalist, Missouri State University
· Sarah McBride, reporter, Reuters

Walden Siew

Reuters journalist resigns from SABEW board


Walden Siew, a business journalist at Reuters, has resigned from the board at the Society of American Business Editors and Writers.

Siew joined Reuters in August 2006 to cover credit markets and was a 2008 Gerald Loeb and National Journalism awards nominee for his reports on the global credit crisis. He is also a member of the Asian American Journalists Association.”

“The executive board knows, and it’s due to my job is ramping up,” said Siew in an email to Talking Biz News. “You can say it’s to focus on my global markets forum project.”

Siew also is a past winner of SABEW’s Best in Business award; the Deadline Club; the Detroit Press Club’s International Wheel Award (all in 2006); the Virginia Press Association (1998); and the Keystone Press Award (1995). As a Freeman Foundation fellow at George Washington University, he focused on China studies. He is a graduate of Northwestern University’s Medill School of Journalism and Boston University, where he majored in international relations.

“I am helping SABEW find a replacement, and I’d like to find a diverse candidate if possible to fill the board spot and maybe chair the diversity committee,” said Siew. “If you have any ideas for good candidates, please let me know.”

SABEW will elect new board members next month at its annual meeting in Washington, D.C.



Scholarships available to attend SABEW conference


More than $10,000 in scholarship and travel aid is available for journalists hoping to attend SABEW’s 50th annual spring conference April 4-6 in Washington, D.C.

The scholarships will be funded by the Goldschmidt Family Foundation, the SABEW Chair at the University of Missouri and SABEW’s Benita Newton Fund for minority journalists.

Warren Watson, SABEW executive director, said four $1,000 Newton scholarships will be given this year, thanks to fund support from Reuters and from CNN Money/ Turner.

Only journalists of color will be considered for the Newton scholarships.

Applicants should send a resume and a 50-word statement about why they are applying.  Send both to sabew@sabew.org.  Please include “scholarship request” in the subject line of the email.

The SABEW chair, Missouri journalism professor Marty Steffens, is also sponsoring two $1,000 grants for SABEW Best in Business award-winners in the recently concluded competition.

The SABEW chair will also sponsor eight small grants to cover registration for the conference.  They are valued at $350 each.  BIB winners will be given preference.

The SABEW chair scholarships are open to anyone.

Likewise, The Goldschmidt Foundation will fund one $1,000 scholarship and two $500 scholarships. All journalists are encouraged to apply, but one of the $500 grants will be given to a college student seeking to attend the conference.  Applicants should apply in the same manner as listed above.

The deadline for applications is March 8, 2013.  Winners will be notified immediately.