Business Coverage

While past ABC reports have mourned the hardship facing the American auto industry, ABC aired liberal support for higher fuel efficiency standards that would make competition more difficult and manufacturing more expensive. But reporter Dean Reynolds gave almost no time to the auto industry in his June 7 “World News with Charles Gibson” story. Reynolds cited left-wing Sen. Byron Dorgan (D-N.D.)…

So much for objective journalists.From the moment word got out that Rupert Murdoch had offered billions to buyout The Wall Street Journal, the media have cried foul. Journalists and media critics charged that a Murdoch takeover would turn the prestigious business newspaper into a journalistic joke, that the media mogul would page six-ify the Journal.An art director at The New York Times, carried…

The Associated Press, in an unbylined article, had this to say about yesterday's Institute for Supply Management Non-Manufacturing Report (see first bullet below regarding the bolded words): U.S. Service Sector Expands Tuesday June 5, 11:20 AM EDT NEW YORK (AP) — The nation's service sector expanded at a faster-than-expected pace in May, suggesting it could help sustain broader economic growth…

Ford's protracted sales slump continued in May, while every other major automaker showed gains: DETROIT — Toyota Motor Corp.'s U.S. vehicle sales jumped 14.1 percent in May to its best monthly level ever and General Motors Corp.'s sales rose 9.7 percent, helping boost industry sales 5 percent, as both automakers credited in part the appeal of their more fuel-efficient offerings amid high gas…

On February 28 (second item at link), New York Times business reporter David Leonhardt infamously wrote the following: For Manufacturing, a Recession Has Arrived The nation’s manufacturing sector managed to slip into a recession with almost nobody seeming to notice. Well, until yesterday. To this day, Leonhardt appears to be the only one to "notice" a recession in manufacturing -- because it…

It's generally bad for business to have a flippant employee who insults your loyal customers. Now if someone could just give that newsflash to the Associated Press. The AP today picked up on the plight of one David Noordeweir, who was fired in late February from a Michigan Wal-Mart for an entry on his MySpace page that insulted the intelligence of Wal-Mart shoppers. Here's the lede.:A former Wal…