On Wednesday afternoon in the News Corporation building on Avenue of the Americas in midtown, John Legend walked quickly out of the glass doors of the sixth-floor elevator bank and into a small video studio across the hall. Two “On Air” signs were lighted up in the hallway. A man almost twice Mr. Legend’s size Read More
The Associated Press spoke to Robert Thomson about the Journal‘s new weekend edition that debuts this weekend.
The Journal‘s spokeswoman Ashley Huston helpfully sent us an image of the front-page dummy. Unlike The Times‘ Sunday edition, the banner will look distinct from the paper’s Monday-through Friday editions. It’s called WSJ. And look at those Read More
This Old House
The Securities and Exchange Commission plans to make new rules governing banks’ deployment of “window dressing,” the practice of reducing a company’s debt load shortly before providing a required quarterly balance-sheet update to investors, according to a report by The Wall Street Journal.
The Journal proudly proclaims that the SEC’s decision follows its Read More
Exclusive, Newspaper Wars
The Observer has learned that The Wall Street Journal will launch a weekly book review within the next few weeks. The Journal has never had a standalone book review before, and creating one now flies in the face of ever-dwindling book coverage in papers across the country.
The book review will be a pull-out section Read More
Hats off to the astute market analysts at The Wall Street Journal, who in today’s paper point out that the Dow Jones Industrial Average has climbed by the exact same amount — 50.63 points — for three consecutive days!
Sadly, the Journal doesn’t make much hay out of the eerie phenomenon, saving possible Read More
The Times and The Journal have been warring on several fronts—in New York, with business and national and political coverage—and now it appears we can add the luxury magazine business firmly to the mix.
Let’s call it the new Elle vs. Vogue! Maybe that’s wishful thinking from a media reporter, but The Read More
“Life is such a fucking disaster,” a prominent New York hedge fund manager said recently. “We all live in some kind of world we create for ourselves. And I think that what happened is that built into that world were very enlarged expectations about what life was going to be. There’s been this Read More
With its relaunch today, Bloomberg.com is billing itself as the free alternative to other business news sites.
“In the ongoing debate of free versus paid content, Bloomberg.com is today launching a newly designed site for senior business executives and content can be accessed free of charge,” the company said in a Read More
Decline and Fall
Steve Jobs emphasized his interest in helping newspapers make money again while speaking at The Wall Street Journal‘s All Things Digital conference.
“I don’t want to see us descend into a nation of bloggers,” Mr. Jobs said during an onstage interview yesterday.
“I think we need editorial oversight now more than ever. Anything Read More
On the Money
I recall the moment before I entered the alternate universe of finance. I was in a job interview, pondering whether to leave a job I loved as a reporter for The Wall Street Journal, for a job I knew next to nothing about at Morgan Stanley. As we reached the end, my interviewer asked what I Read More