Business Coverage
'World News' Scaremongers Over Artificial Turf
April 18th, 2008 1:32 PM
They had to really be looking for this, but ABC's April 17 "World News with Charles Gibson" has found something else for parents to be concerned about. This time it is artificial turf on sports fields. "It's become part of the American landscape - synthetic turf, durable and soft," ABC correspondent Sharyn Alfonsi said. "It's everywhere, from stadiums to neighborhood soccer fields. But now,…
ABC Ignores Congressional Support, Only Shows Backlash to Northwest/De
April 16th, 2008 4:58 PM
If you didn't know any better, you might think ABC correspondent Lisa Stark has a personal vendetta against airline mergers. For the second consecutive night, Stark gave viewers every reason to oppose a merger between Delta Air Lines (NYSE:DAL) and Northwest Airlines (NYSE:NWA) on the April 15 "World News with Charles Gibson." This time it came in the form of opposition on Capitol Hill. "But…
Someone Please Get NBC's Vieira an Econ 101 Crash Course
April 15th, 2008 5:13 PM
Understanding every nuance of economics, especially as it pertains to the airline industry, can be a daunting task. However, you would think that NBC's "Today" co-host Meredith Vieira - who has elevated herself to the point where she's worth $10 million a year, according to Parade magazine - would have risen to the task at this point in her career. In an interview with Delta Air Lines (NYSE:…
Networks Ignore All Positives with Delta/Northwest Merger
April 15th, 2008 4:11 PM
Operating under the assumption that what's good for business is bad for consumers forces the media to give Americans a narrow view of the world. All three network newscasts on April 14 reported the Delta Air Lines (NYSE:DAL) and Northwest Airlines (NYSE:NWA) as if it were a conspiracy to bilk air travelers out of more money. "It's an unsettled time in the skies - planes grounded, flights…
Obama's Deceptive Anti-Oil Ad: 'I Don't Take $ From Oil Companies
April 13th, 2008 12:02 PM
Barack Obama has been airing a shamelessly anti-business TV ad in Pennsylvania for a while now. In the ad Obama himself, in his own voice, makes the claim that he doesn't "take money from oil companies." But there is a two-fold deception in this claim that Obama doesn't tell his sycophantic fans. So where is the media to pounce on these cynical deceptions? They’re nowhere to be seen.
Recently I…
Parade Marches in Lock-step with Left with 'Intelligence Report
April 12th, 2008 7:49 PM
Just in time for Tax Day, the April 13 issue of Parade magazine gave readers left-wing talking points on corporate taxation dressed up as objective reporting.Contributor Gary Weiss cited two left-wing interest groups and liberal Democratic congressman Richard Neal (D-Mass.) in "Are You Paying For Corporate Fat Cats?" By the end of the article, readers are all but left to seethe an angry "yes!" to…
NBC News Can’t Seem to Find a Water Bottle it Likes
April 9th, 2008 4:23 PM
Last summer NBC told viewers bottled water was bad for the environment because of its packaging and transportation demands. This time, NBC's April 9 "Today" warned viewers some reusable water bottles are bad for society because they contain a dangerous substance. "[M]any of those sturdy, reusable plastic bottles contain a chemical, bisphenol-A, that many scientists are worried about," NBC…
CNBC on the Future of Network Newsgathering: 'That Ship has Sailed
April 8th, 2008 12:32 PM
It's no longer profitable for networks to have their own news organizations, according to CNBC's David Faber. In the wake of the news that CBS is in negotiations to outsource its news division to CNN, Faber explained on CNBC's April 8 "Squawk on the Street" CBS's news division is a victim of an evolving business. "The news that CBS is once again considering a deal under which it would…
'60 Minutes' Attacks Sovereign Wealth Funds with Unlikely Scenarios
April 7th, 2008 3:00 PM
Panicky protectionists are predicting some unsavory possibilities for the U.S. economy thanks to emerging foreign economies with newly created wealth to invest. Although they're unlikely possibilities, CBS's April 6 "60 Minutes" delved into the potential threat one Chinese sovereign wealth fund might pose to the American economy. "All together, the sovereign wealth funds of countries like Abu…