Bloomberg News has landed in an unusual place: the front page of the New York Times, in an article saying Bloomberg pulled back on a controversial story to avoid angering China’s leaders. Bloomberg News Editor-in-Chief Matt Winkler denied it, but the Times ran the piece anyway. He shouldn’t have been surprised. Some stories are unstoppable, […]
You can count on the editorial page of the New York Times to spoil a good party. With Twitter’s IPO poised to raise nearly $2 billion, the market is looking healthier than it has in years. But a Times editorial said new-stock offerings should “raise suspicion, not excitement.” That’s a stunningly harsh assessment, even among […]
It’s not easy to be in the news business today. Reuters said recently it will cut its newsroom staff by five percent – a sharp turnabout from two years ago when it was boldly hiring talent from rival news organizations. There are bright spots in the business, but they happen to be far away from […]
Metro-North, New York’s commuter railroad, has for years shuttled its cargo in unglamorous but reliable fashion between New York City and its northern suburbs. That was until a power failure halted service for more than a week, creating scores of angry passengers and ugly headlines. The company has struggled to explain the cause of the […]
Elon Musk, entrepreneur and PR genius, has done it again. He boldly predicted that the arrival of a self-driving car was just three years away. The press took note, and Mr. Musk found himself on the front page of the Financial Times. His gambit shows that an outlandish statement can have a very practical purpose.
There’s something to be said for surprise. It keeps us on our toes and makes life interesting. That’s especially true in financial markets, where we’ve grown accustomed to apparent certainties – from “consensus” earnings estimates to interest-rate forecasts. So it was good to see Fed Chairman Ben Bernanke remind everyone on Wall Street that Fed […]
Do companies go too far by trying to control what their employees post on LinkedIn? A guest post by LinkedIn expert Bruce Segall looks at the issues.
Jeff Bezos scored a big win on his day-long visit to the Washington Post this week, brilliantly playing against his image as a guy who’s been shy around reporters his entire career. His visit holds lessons for every chief executive.
The kind folks at Fox Business invited me to join their conversation about Nasdaq’s response to its trading blackout and the performance of CEO Bob Greifeld: via Fox
The folks at Bitcoin have taken a very aggressive stance with regulators, who are eyeing the digital currency with suspicion. It’s following a path blazed by another upstart industry that operated in a grey zone of regulation – online gaming. That ended in a flurry of arrests and indictments. Will Bitcoin meet the same fate? […]