April 13th, 2010 News But they were joined for the first time by a trio of new media publications that scored unprecedented recognition in a competition long dominated by newspapers.
On Monday, judges awarded the nonprofit ProPublica, in collaboration with The New York Times Magazine, a Pulitzer in investigative reporting for a 13,000-word story on the life-and-death decisions made by New Orleans doctors during Hurricane Katrina.
“It is a validation,” said Stephen Engelberg, managing editor for the more than two-year-old ProPublica thats based in Manhattan and has only 32 employees. “To be recognized by your peers is an honor and it sort of says to the - - - - >
Click here to continue reading "New Media Recognized In Pulitzer Competition" March 15th, 2010 News That was one of several bleak headlines in the Project for Excellence in Journalisms annual assessment of the state of the news industry, released Sunday.
The projects report contained an extensive look at habits of the estimated six in 10 Americans who say they get at least some news online during a typical day. On average, each person spends three minutes and four seconds per visit to a news site.
About 35 percent of online news consumers said they have a favorite site that they check each day. The others are essentially free agents, the project said. Even among those who have - - - - >
Click here to continue reading "Survey: Readers Dont Want to Pay For News Online" March 9th, 2010 News |
Chrysler,
Toyota David W. Gilbert, an associate professor of automotive technology at Southern Illinois University, altered a circuit in the accelerator pedal he tested, making it unreasonable to draw conclusions about vehicles on the road, Toyota said yesterday at a briefing at its U.S. headquarters. To prove its point, Toyota replicated the test on competitors cars and achieved similar results.
An ABC News broadcast in February featuring Gilbert was misleading, and Toyota should have had an opportunity to observe and analyze the test before it was broadcast, Mike Michels, - - - - >
Click here to continue reading "Toyota Says Acceleration Test Cited In Congress Isnt Realistic" February 27th, 2010 News The parent company of the Honolulu Star-Bulletin announced Thursday it was purchasing longtime rival The Honolulu Advertiser, the largest newspaper in Hawaii, and would merge the two publications if a new buyer couldnt be found soon.
“The reality of it is, finding a buyer in this kind of economic environment is going to be difficult and thats an understatement,” said Gerald Kato, a University of Hawaii journalism professor.
Kato said a “vibrant marketplace calls for many and diverse voices. Less voices is an injustice to the community.”
Newspaper analyst Ken Doctor of Outsell Inc. said finding a buyer was “highly unlikely.”
“The biggest problem - - - - >
Click here to continue reading "For Sale: A Newspaper In Paradise" February 1st, 2010 News |
Mitsubishi,
Toyota Jim Lentz, president of Toyota Motor Sales USA, is to speak on the morning news and talk program before holding a conference call with other media organizations, said a company official who declined to be identified because the plan isnt public. Lentz may also appear on Bloomberg Television.
The TV appearances will be the first for a U.S. audience after the automaker ran an informational ad in newspapers today and President Akio Toyoda gave a 75-second apology last week in Davos, Switzerland, in contrast with other Japanese - - - - >
Click here to continue reading "Toyota Tactics Media Blitz After Stockholders Lose $21 Billion" January 31st, 2010 News Valassis, a marketing company that provides direct mail and coupons, said the deal settles lawsuits it filed in several states against News America Marketing. Among them is a jury decision in Michigan circuit court last July that awarded Valassis $300 million in damages. News America was appealing that ruling.
Valassis accused News America of threatening customers with price hikes for not offering exclusivity in marketing deals.
Meanwhile, News America argued that Valassis tried to force higher marketing rates by publicly announcing price changes.
In a statement Saturday, News Corp. said it did not want to risk presenting - - - - >
Click here to continue reading "News Corp. to Pay $500m Settlement to Valassis" January 11th, 2010 News The findings are based on an analysis of how local news stories evolved in Baltimore during one week last summer. The review by Pew Research Centers Project for Excellence in Journalism monitored 53 media outlets - newspapers, television and radio stations and Web-only operations.
Newspapers and their Web sites provided 61 percent of the original reporting or fresh information on six major news stories that unfolded during the week of July 19-25, the study found. Local television stations and their Web sites accounted for 28 percent of the new information, followed by radio stations and their sites at 7 percent and - - - - >
Click here to continue reading "Study: Newspapers Still A Step Ahead In Local News" January 1st, 2010 News The 27-year-old newspaper announced the latest round of layoffs in its Thursday edition and said the last sports section would appear Friday. Among those let go was the newsroom leader, Managing Editor David Jones. Another round of cuts was made earlier in December, and the newspaper published its last Sunday edition last weekend.
The paper will publish a new weekday print edition starting Monday. It will focus on the newspapers core strengths, including politics and cultural issues, President and Publisher Jonathan Slevin said Wednesday in a statement.
“Our market-based, forward-looking plan is both a response to the recessionary economy, continued downward financial - - - - >
Click here to continue reading "Washington Times Slashes News Staff 40 Percent, Ends Sports Section; Managing Editor Axe" December 25th, 2009 News |
Berkshire Hathaway,
Warren Buffett Berkshire and its subsidiaries have about 225,000 workers, the Omaha, Nebraska-based company said this week in regulatory filings. Thats 8.6 percent lower than the 246,083 disclosed in the 2008 annual report. Berkshire provided the jobs information in a document tied to its planned $26 billion takeover of railroad Burlington Northern Santa Fe Corp. Buffett didnt reply to a request, left with an assistant, for comment on the cuts.
Buffett, Berkshires chief executive officer, oversees a collection of more than 70 subsidiaries that sell products including Geico car - - - - >
Click here to continue reading "Berkshire Eliminates 21,000 Jobs as Manufacturing, Retail Dive" December 17th, 2009 News Crude snapped two days of gains as the dollar rose to a three-month high against the euro after the U.S. Federal Reserve said yesterday the economy is strengthening and the deterioration in the labor market is abating. Oil rose the most in a month yesterday after the Energy Department said U.S. crude inventories declined to the lowest since the week ended Jan. 9.
“Its a bit of the dollar” thats causing the decline in prices today, Thina Saltvedt, a commodities analyst at Nordea Bank AB in Oslo, - - - - >
Click here to continue reading "Crude Oil Plumets as Dollar Reaches Three-month High Against Euro"