Tag Archives: SABEW

Scholarships to SABEW conference available

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Two scholarships to the annual SABEW conference to be held April 30 through May 2 in Minneapolis are being offered by the Donald W. Reynolds National Center for Business Journalism at the American Press Institute.

Applicants should be full-time journalists who cover business and supervisor approval is required. These scholarships, worth more than $800 each, cover registration and three nights lodging.

Submit a 250-word statement by Wednesday, April 5, outlining your interest in business coverage and describing how attending the conference will help you.

“While our primary emphasis is on our own free workshops and BusinessJournalism.org, the Reynolds Center at API is supportive of professional organizations such as SABEW that are dedicated to improving the quality of business journalism,” said Andrew Leckey, director of the Reynolds Center at API, noting that the Center’s staff members are also SABEW members.

Apply for the scholarship by e-mail to Managing Editor Kevin Sweeney at ksweeney@americanpressinstitute.org or 703-715-3325.

Bloomberg Atlanta bureau chief leaving the biz

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Adam Levy, the Atlanta bureau chief of Bloomberg News who grew its operations in the South from a one-person shop operating out of the attic of his Decatur home into an eight-person bureau in downtown covering an 11-state region, announced his resignation from the wire service Wednesday after 13 years.

Levy is becoming a partner in Atlanta-based Ahmann Boyette Levy, an Atlanta-based public policy, economic development and communications strategy consulting firm.

His departure marks the third bureau chief to leave Bloomberg in the past month. The Los Angeles and Boston bureau chiefs have also quit recently.

In 1998, Levy was named a senior writer for Bloomberg Markets, the company’s magazine. He also co-wrote the book “The People vs. Big Tobacco,” which was about the landmark 1997 tobacco industry settlement. Levy was also one of the first journalists to criticize Enron and its accounting. Levy was a former securities analyst at Donaldson, Lufkin & Jenrette in New York before entering journalism in the late 1980s.

He won numerous major national and regional journalism awards, including the Gerald Loeb Award in 2002. He is a three-time winner of the Society of Professional Journalist’s Green Eyeshade award and twice has won awards from the Society of American Business Editors and Writers. He has been a finalist for awards given by the Investigative Reporters and Editors and the National Headliner Awards. Before joining Bloomberg, Levy covered banking and financial services for the Tampa Tribune.

Levy was president of the Atlanta Press Club in 2002.

On a personal note, Adam and I worked together at both the Tribune and at Bloomberg. In recent years, he has come to speak to my “Business Reporting” class at UNC and has sat on the advisory board to the Carolina Business News Initiative. He is one of the best business journalists I have ever worked with, and him leaving the field will create a void.

SABEW urges SEC to limit subpoenas

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The Society of American Business Editors and Writers issued a statement about the Securities and Exchange Commission’s subpoenas of three business journalists last month in regards to its investigation.

The statement reads, “The Society of American Business Editors and Writers, the nation’s largest trade group for financial journalists, salutes the effort by Chairman Christopher Cox of the Securities and Exchange Commission to clarify the terms under which his agency will serve subpoenas on a financial journalist in any SEC investigation unrelated to that journalist’s personal trading activities.

“As Cox noted after his staff served subpoenas on several reporters in recent weeks, financial journalism has routinely supported the agency’s own mission by alerting vulnerable investors to new dangers in the marketplace. Indeed, given the nature and pace of regulatory cases, such reporting by the media is often the first warning the public receives.

“For the SEC to undermine what its chairman views as a key ally simply as a shortcut to gathering information it can get in far less damaging ways is misguided and self-defeating.

“The U.S. Justice Department has long operated under guidelines that, while not perfect, have usually sustained a workable balance between the legitimate investigative needs of the government and the importance of a free and vigorous news media. That a similar road map was not already on the books at the SEC is unfortunate.

“The procedures the SEC is finally developing, however belatedly, are key to protecting the citizens that the press and government both serve.

“We await completion of this important work. We hope the final product recognizes — as fully as Chairman Cox does — the critical contribution that financial journalism makes to the integrity of the public markets.”

Kansas City Star's Heaster to receive SABEW's President's Award

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Kansas City Star business columnist Jerry Heaster was named winner Tuesday of the Society of American Business Editors & Writers’ President’s Award.

Heaster is retiring this month after 27 years as a columnist and editor at the Star and is a former president and board member for the business journalism organization, based in Columbia, MO.

Jerry HeasterThe award, of which only four have been given in the society’s history, is meant to honor Heaster’s long career and his efforts in the 1980s to build SABEW and business journalism in general, said current SABEW President Jonathan Lansner of The Orange County Register.

Heaster said that when he became president in 1980, the organization had around 50 dues-paying members. He and others on the board made SABEW a resource for business journalists at a time when that sector of the media was still in its infancy.

SABEW today has more than 3,500 members.

“SABEW owes him – and our other early leaders – a great debt for their vision to see the need of educating workers of our craft,” Lansner said. “And I cannot fathom the hard work it must have been to be SABEW president in an era without our modern communication conveniences.”

Heaster, who spent nine years at The Journal Herald in Dayton, Ohio, before joining the Star in 1979, said he liked that SABEW helped make business journalism a more professional area of coverage.

“I have just loved doing this job, and working with the people in this business,” Heaster said.

The three previous recipients of the service award were: Gene Mills, one of the group’s founders in the early 1960s; Doris Barnhart, who worked for SABEW in the early years when the organization’s membership records were kept on 3×5 index cards; and Chicago Tribune financial columnist and former SABEW president Bill Barnhart (no relation to Doris) who served as editor of The Business Journalist for most of a 15-year stretch on the board of governors.

Former "Apprentice" to appear on CNBC

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Broadcasting & Cable is reporting that Rebecca Jarvis, who narrowly lost the final round of Donald Trump’s “The Apprentice” show back in the fall, has garnered a job as an associate reporter for business news cable network CNBC.

Jarvis is the daughter of SABEW board member Gail MarksJarvis, who works on the business desk of the Chicago Tribune after writing a column for the Minneapolis Star Tribune.

Rebecca JarvisBroadcasting & Cable reports, “The 24-year-old will begin at CNBC April 3, based at its headquarters in Englewood Cliffs, N.J., and will cycle through various departments including the assignment desk, video editing and graphics. She will also accompany reporters in the field and develop and report her own stories.

“A University of Chicago grad, Jarvis’ articles have appeared in Business 2.0 and Crain’s Chicago Business, among others.

“She worked after graduation at Banc of America Securities as an investment banking analyst. CNBC, which reruns episodes of The Apprentice after they air on NBC, averaged 202,000 total viewers in February, up 51% from last year.”

Read the story here.

SEC commissioner backs off biz journalists

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SABEW President Jon Lansner, who is also a business columnist with the Orange County Register, spoke with SEC chairman Christopher Cox on Monday about the recent brouhaha surrounding the regulatory body’s subpoenas of business journalists for one of its investigations.

Lansner’s conclusion is that business journalists should not be worried; Cox does understand the role that business journalism plays as a watchdog on corporate America and the stock market.

Jon LansnerWrote Lansner: “It’s always scary in a society that cherishes an independent press when regulators or other law-enforcement officials pursue reporters and their work as part of a government probe.

“The sources that help reporters find corporate villains might not be very candid if they feared journalists’ records could become government fodder one day.

“Unfortunately for Cox, he learned his agency was subpoenaing reporters for their work from news reports.”

Later, Lansner adds, “And I’m betting after my chat with Cox, new SEC rules will highly discourage such searches that target the financial press.

“Cox told me that fresh subpoena guidelines will ‘almost certainly spell out that the federal government should pursue information in the course of law-enforcement work through other means whenever possible.’

“I’m thrilled because Cox is willing to say that the financial press adds value to investors by enhancing their ability to watch the markets. Cox’s seven months at the SEC have been highlighted by his push to get more corporate data to investors – including plans to publicize additional salary and benefit details from company executives.”

Read Lansner’s column here.

Atlanta paper to cut stock listings beginning next week

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The Atlanta Journal-Constitution will announce in tomorrow’s newspaper that it is cutting the stock listings in its daily newspaper beginning next week, joining a list of metropolitan dailies across the country that have made similar cuts to their business sections since the beginning of the year.

Angela TuckThe AJC’s public editor, Angela Tuck, right, wrote in a column already posted on the paper’s Web site that, “The change will make room for expanded coverage of national business news, something readers tell us they want more of.

“Starting Tuesday, the thousands of stock listings the newspaper has run will be reduced to hundreds. They will be displayed on a revamped inside page called ‘Market Movers,’ which replaces the ‘Daily Investing Report.’

“‘The Market Movers page will offer a powerful, jampacked summary of everything you want to know about what happened in the markets the day before,’ said AJC business editor Mark Braykovich. ‘In one quick look, you’ll get more information than ever before in the AJC. It will appeal to a broader section of readers.’

“The ‘Market Movers’ page will include a chart of mutual funds prices — a new feature — as well as listings on more than 100 Georgia stocks, commodity and currency prices and the latest interest rates.”

Among the other papers that have cut stock listings in recent months are the Chicago Tribune, Newsday, Providence Journal, Rocky Mountain News, The (Raleigh) News & Observer, Cincinnati Enquirer and Orlando Sentinel. Most newspapers say they’re cutting stock listings to lower the newsprint expense. In many cases, the business news hole is also slashed.

In addition, Tuck disclosed some changes to the Sunday business section. She wrote, “Readers will also notice some changes in the Sunday Business section, which is getting a new look and additional features on March 12.

“‘Private Quarters,’ a column by Julie Hairston that shows unique and often lavish homes in and around metro Atlanta, will move from Fridays to Sundays. The column is extremely popular with readers, who will now get to see more pictures from the properties featured.”

Disclosure: Braykovich is a SABEW board member running for re-election this year. And I worked with Tuck while at the AJC from 1994-97.

Read Tuck’s Saturday column here. Registration is required.

SABEW seeks Fund for the Future donations

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SABEW’s Fund for the Future is a new fundraising drive that seeks to provide this organization with the financial muscle required to create more innovative training opportunities at a cost that will fit into shrinking newsroom budgets.

SABEW already helps our 3,500 members in numerous ways: from industry news and professional tips contained in our newsletter, The Business Journalist, and on our Web site — to the hands-on teaching experiences and networking at our conferences and workshops.

Fund for the Future will help SABEW strengthen the quality of business journalism. To meet new challenges, SABEW must explore new training methods ­ from online or telephone seminars to becoming a Web-based aggregator of pioneering business journalism reporting and editing tools.

Such efforts are complicated and expensive.

So SABEW needs your help. Please consider a donation to our Fund for the Future.

HOW TO DONATE

You can donate by sending a check to: SABEW c/o Missouri School of Journalism, 134 Neff Annex, Columbia, MO 65211-1200. Please note the check is for Fund for the Future.

You can donate by credit card by calling SABEW’s office at 573-882-7862.

PLEASE NOTE

You may donate in honor or memory of a friend, family member or colleague. SABEW intends to publish a list of donors, and we’d be happy to acknowledge such gifts.

SABEW is an IRS approved 501c3 not-for-profit organization. Your donation may be tax deductible. Please check with your tax advisor.

Your employer may match charitable donations to organizations like SABEW. Check to see if the company offers such a benefit.

SABEW board candidates announced

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There are 10 candidates for the seven open board seats for the Society of American Business Editors and Writers. The positions will be voted on at the annual conference the first weekend in May in Minneapolis-St. Paul.

Here are the 10 candidates:

1. William Ahearn, an executive editor at Bloomberg News. He is responsible for global hiring, recruitment and training; the syndication of Bloomberg’s broadcast and newspaper reports; its commentary team of 21 columnists; and obituaries.

2. Mark Braykovich, the business editor at the Atlanta Journal-Constitution. Braykovich oversees a staff of 35 reporters and editors covering metro Atlanta’s business community at the AJC.

3. John Corrigan, the senior markets editor for the Los Angeles Times. He leads a team of six reporters in Los Angeles, New York and Washington, D.C., who cover Wall Street, the Securities and Exchange Commission, corporate crime and personal finance.

4. Andre Jackson, business editor at the St. Louis Post Dispatch. Jackson has overseen business news coverage at the St. Louis Post-Dispatch since spring 2001. Jackson joined the Post-Dispatch in 1987 as a general assignment reporter, covering events ranging from presidential campaigns to a Ku Klux Klan rally.

5. Stephen Keating of the Denver Post, working with a staff of 17. He was hired by the esteemed Henry Dubroff as a business reporter at the Post in 1994 and published a non-fiction book in 1999 titled “Cutthroat� about media moguls in the cable and satellite TV industry.

6. Greg McCune, training editor for Reuters. McCune has 27 years of experience in business journalism. He has been around the world as a business journalist — eight years with Bridge News and 19 years with Reuters.

7. Josh Mills, director of the master’s program at Baruch College/CUNY. He has served on SABEW’s board for three years and its executive committee for one, and chairs SABEW’s education committee and co-chairs its diversity task force.

8. Rob Reuteman, business editor at the Rocky Mountain News since May 1997. He was elected to a one-year term to the SABEW board of governors last May, and helped put together last fall’s reporting workshop in St. Louis.

9. Michael Sasso, the retail/restaurant industry reporter for the Tampa Tribune, where he has been employed for three years. Previously, he was a business reporter for The Ledger of Lakeland, Fla.

10. Susan Tompor, who writes a personal finance column for the Detroit Free Press. Tompor has been a business journalist for nearly 25 years.

The full biographies can be found here.

Two new editors at ACBJ papers

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Charlotte-based American City Business Journals, which has weekly business newspapers in 41 markets across the country, has named two new editors.

Ron Trujillo, a veteran California business journalist, has been named editor of the Sacramento Business Journal. Trujillo joins the Business Journal from the Press-Enterprise in Riverside, Calif., where he was business editor. Prior to that, he was with the Fresno Bee as a reporter and then business editor. Trujillo began his career as a reporter with the Visalia Times-Delta and also served as that paper’s business editor, taking time out from the Times-Delta for a brief stint as a business reporter for USA Today. He has also worked as a business reporter for the Santa Barbara News-Press.

Caleb Stephens has been named managing editor of the Dayton Business Journal. Stephens had been senior reporter at the DBJ for nearly two years, having first joined the DBJ as a staff reporter four years ago. He previously worked as a reporter and assistant editor at the Kettering-Oakwood Times near Dayton.

The Dayton Business Journal was a SABEW Best in Business contest winner in 2002 in the breaking news category.