Around the town
Around the town
Paul Carr picks a fight with Gawker’s Valleywag (and, more specifically, with Valleywag’s editor Sam Biddle) in a long post on PandoDaily. Not only is Valleywag and Mr. Biddle hypocritical and fake-populist, Mr. Carr argues, but Mr. Biddle’s middle name is allegedly ” Faulkner,” which apparently should tell us something. Hey, it’s a slow week. (PandoDaily)
“We just get The Wall Street Journal and the Washington Times. We used to get the Washington Post, but it just … went too far for me. I couldn’t handle it anymore,” Supreme Court Justice Antonin Scalia tells New York magazine. Oh, and, he sometimes “but not usually” listens to NPR. ( Read More
Rupert Murdoch didn’t overlook The Wall Street Journal in his publicity blitz to promote News Corp.’s plan to split up into two publicly traded companies, one for newspapers and publishing, one for television and entertainment.
At street level, 1155 Avenue of the Americas is Thomas Pink, but upstairs it’s Don Draper meets Dow Jones. The News Corp.-owned publisher has signed a 117,000-square-foot lease for 10 years for advertising-sales offices on the third and fifth through eighth floors of the Durst Organization‘s 41-story black granite tower.
The 1984 Emery Roth & Sons-designed Read More
With its last Tina Gaudoin-helmed issue currently on newsstands, WSJ. Magazine has brought in Andrew Cenname to become publisher of The Journal‘s glossy, Dow Jones announced in a statement. Cenname had previously been vice president and advertising director at Travel + Leisure.
WSJ., launched in 2008 as an answer to The New York Times’ T Magazine, Read More
Dow Jones Newsletters reporter Samuel Rubenfeld is displeased with Politico over an article about a recent deal in the Senate.
“Hey @politico,” he wrote on his Twitter account this afternoon, “do I have to say it again? FUCK YOU. How about posing this in a policy angle? Can’t do Read More
On Thursday, May 6, at 2:45 in the afternoon, the billionaire industrialist Wilbur Ross was interviewing a job candidate in his 27th-floor office when his computer screen went all red. The Dow, which had opened the day above 10,800, began falling. It dropped, paused and then plunged monumentally, down past 10,400 and 10,000 and then Read More
Do you remember where you were when the market crashed yesterday? These people certainly do. Here are some Wall Street denizens caputured on camera, and the pictures are worth a thousand words, or six exclamation points.
(with apologies to Brokers With Hands on Their Faces)
View slideshow > Read More
New theory: As the stock market continues to go down, down, down, Manhattan’s apartment vacancy rate will go up, up, up. Back in August, before Lehman Brothers imploded, the vacancy rate was 1.39 percent in Manhattan, according to statistics from Citi Habitats. Their February report, available here (PDF), indicates a 2.46 percent vacancy Read More
In the memo in which Dow Jones editor in chief Robert Thomson announced there would be job cuts at The Journal, he also said: "Our new budget includes an ambitious expansion of our web and international operations, both for the Journal and for Newswires, where we are adding 95 journalists over coming months."
So where Read More