Tag Archives: business journalism

Bloomberg to begin hiring in Washington DC for new policy news wire

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Financial news wire Bloomberg will be creating jobs for more than 100 journalists and analysts in Washington DC with the release of its new policy news service Bloomberg Government, according to a report by the Reynolds Center for Business Journalism.

The resource, which is currently in development stages, advertises itself as “a customized resource for professionals who need to understand the business implications of government actions in real time”.

This comprehensive, subscription-based, online tool collects best-in-class data, provides high-end analysis and analytic tools, and delivers deep, reliable, quick and unbiased reporting from a team of more than 2,300 journalists and multimedia specialists worldwide. It also offers news aggregated from thousands of the top trusted news sources from around the globe.

Those interested in filling the new roles will need to be data-focused and able to combine reporting skills with policy information analysis, a spokeswoman told the Reynolds Center.

Finance story leads from the banking crisis – some tips for journalists

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On the Reynolds Center for Business Journalism site journalist Jodi Schneider from the American Banker, has some tips for financial journalists looking for local banking stories in the aftermath of the credit crisis .

For local publications, community banks are a good source of stories and a way to localise the financial services story playing out on the national and world stage.

While her advice focuses on American processes, the general ideas could be adapted for the UK banking scene.

Story tips include: looking at other areas of a local economy which are suffering and how they may impact on local financial institutions; or investigating banks’ capital levels to predict whether they may be in danger of regulatory action.

More general advice covers what to include in any banking story, from the size of the institution and recent earnings, to capital standings and recent regulatory actions.

See the full post here…

CNBC, New York Times and Vanity Fair recognised at US business journalism awards

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Winners of the US-based business journalism awards, the Gerald Loeb Awards, were announced yesterday, with CNBC, the New York Times and Vanity Fair each claiming two awards.

New York Times assistant investigative editor Walt Bogdanich was given the Lifetime Achievement Award, while chief mergers and acquisitions reporter, Andrew Ross Sorkin was awarded a Loeb for his book, ‘Too Big to Fail’.

The awards were established in 1957 by Gerald Loeb, to honour journalists who contribute to the understanding of business, finance and the economy.

See a full list of the winners and their entries here…

Radio 4: Peter Day on business media’s struggle for survival

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Last week’s Radio 4 In Business programme looked at business newspapers and how some of the world’s best known-brands are struggling to compete with online rivals and in the face of the economic downturn.

Well worth a listen at this link, it includes interview with representatives from the Wall Street Journal, the Economist, Bloomberg and Bloomberg Business Week.

Felix Salmon: On business journalism and business blogging

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Reuters’ business blogger Felix Salmon on the differences between journalism and blogging, and how this affects business reporting:

All too often, I fear, a “formal training in journalism” just means that journalists self-censor the good and funny bits of stories that bloggers naturally latch on to. What’s more, bloggers have a much more natural voice and personality than journalists do. So it’s only natural that bloggers will get more of a “following” than some guy who writes straight-down-the-line stories for the local newspaper.

Then, of course, there’s the very germane fact that many highly successful bloggers didn’t get a formal training in journalism because they were too busy getting a formal training in the thing they’re writing about – business, finance, economics.

Full post at this link….

FT.com: Thomson Reuters’ video product Insider to launch on 11 May

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Thomson Reuters is planning to launch a series of new web products and overhaul its markets division as part of plans to streamline the company and reach growing audiences of younger, web-savvy readers and smaller business customers.

Among the developments:

  • An “enterprise platform” offering faster delivery of data to clients and online training and customer service support to smaller customers;
  • The launch of online video product Insider on May 11, which it has been testing since last year;
  • A new desktop platform, Eikon, to launch in autumn, offering a wider range of data and personalisation features.

Full story at this link…

Time: Is business journalism ‘a vanishing necessity’?

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Belinda Luscombe reflects on this week’s announcement that Business Week is up for sale – the latest blow to business journalism.

“Business Week is being crushed by the story it spends so much time covering. The category’s core advertisers – financial services, automotive and business-to-consumer types – have borne the brunt of the recession. And all advertisers now have many more outlets in which to spread their spending. More magazines are covering business, and there are dozens of newer, cheaper digital players on the block,” she writes.

“So while ad pages are plummeting for all magazines, they’re flirting with terminal velocity for business titles.”

Full article at this link…