Business Coverage

My first reaction to this was, "Well, if this became a common practice, at least we'd hear the word 'unexpectedly' a lot less often." Over at Mediaite on Friday (some R-rated content is at link; HT Doug Powers at Michelle Malkin's place), Josh Feldman ripped CNN business reporter Felicia Taylor, whose background includes stints at the Financial News Network, CNBC, for devoting nearly three…

When the Associated Press's Paul Wiseman and Martin Crutsinger team up for a report on the economy, there's no limit to the comic potential. Today, in covering what the folks at Zero Hedge described as "Ben Bernanke's 'I Have No Idea Why The Economy Will Get Better But It Will' Speech" (transcript is at link), the AP pair may have set a new world record for most unused words one would expect…

The Supreme Court on Monday unequivocally rejected the notion that courts should force power companies to curtail greenhouse gas emissions, but none of the major broadcast networks covered the unanimous decision on their evening newscasts or morning shows. The New York Times teased the ruling on the front page of Tuesday's paper, directing readers to a thorough analysis of the 8-0 decision,…

Investor’s Business Daily is out this morning with an editorial slamming the decision last week to award ABC News with an “Edward R. Murrow Award” for the network’s investigation into the sudden acceleration of Toyota vehicles, despite ABC using a staged shot of a tachometer revving to 6000 rpm (the footage came from a parked car, not one suddenly accelerating). Months after ABC’s hyped…

Weighed in the balance and found lacking. That biblical admonition could well describe CNN.com's shoddy "breaking news" take on today's Supreme Court ruling in Wal-Mart Stores v. Dukes. Simply put, CNN.com gave readers a woefully inaccurate and incomplete story on the case, chalking up the Court's ruling as holding that a "sweeping class-action status that could potentially involve hundreds…

Thursday morning, initial weekly unemployment claims as reported by Uncle Sam's Department of Labor came in at a seasonally adjusted 414,000. It was 16,000 lower than the previous week's upwardly revised (as usual) number, but certainly no indicator in and of itself of meaningful improvement. The housing industry data really wasn't any better. True, the seasonally adjusted figures from the…

It is no longer a secret that President Obama's administration is willing to allow electricity prices to "necessarily skyrocket," in order to accomplish his green energy agenda. Although he has so far been unsuccessful at instituting cap-and-trade, Obama's Environmental Protection Agency (EPA) is hard at work running coal companies and consumers into the ground. Not that you'd know it from…

To say that the statistics concerning new business formation during the past few years haven't been very good would be a major understatement. USA Today's Scott Patterson deserves some credit for even looking at the topic. It is tailor-made for neglect by the rest of the establishment press. When government policies lean towards lower taxation and regulation, policies left-leaning journalists…

Yesterday (at NewsBusters; at BizzyBlog), I noted a reluctance on the part of Associated Press reporters to describe the farm involved in "the world's deadliest known outbreak of E. coli" as "organic." The wire service issued two additional reports this morning, both of which failed to use the "O-word." The case for the use of the word in these reports is as strong, if not stronger, than it…

On Wednesday evening in Europe (12:31 p.m. Eastern Time), in what it was already describing as "the world's deadliest known outbreak of E. coli," the Associated Press reported that "No cause for the outbreak has yet been found," while farmers on the continent were petitioning the EU for hundreds of million of dollars in compensation. By midday European time (6:27 a.m. ET) on Friday, June 10,…

Early Tuesday morning, David Shepardson and Christina Rogers at the Detroit News ("GM's Akerson pushing for higher gas taxes") reported that General/Multi-Government Motors CEO Dan Akerson "wants the federal gas tax boosted as much as $1 a gallon to nudge consumers toward more fuel-efficient cars." Later in the interview, Akerson was much more emphatic about what he would like to see done…

The educated guess here is that Washington Post fact checker Glenn Kessler is currently not the most popular person in the White House. On Saturday, in a relatively rare rebuke originating from what G. Gordon Liddy has mockingly derided as "Washington's quaint little alternative newspaper" (daily circulation 741,000 in March 2005, 551,000 in March 2011), Kessler ripped into the President's…

For those too young to remember, invoking a "long, hot summer" was a favorite pastime of the establishment press and so-called "civil rights leaders" after the race riots of the 1960s (example here). The message: Get that federal money flowing to us, or there will be violence in the streets. At CBS News, reporter Bill Whitaker wrapped his coverage of the teen unemployment situation as follows…

William F. Buckley Jr. once said his job was to "stand athwart history, yelling stop!" If more liberals took this advice, they wouldn't end up looking like two CNN anchors who just don't know when to say no to unsustainable deficit spending. On the eve of a disappointing jobs report in which the unemployment rate rose to 9.1 percent, CNN International's Richard Quest plowed ahead like the…