Nine Worst Business Stories (of the Last 50 Years)
Some of the toughest competition American businesses face comes not from other companies, but from the media. Journalists often exaggerate an issue to make a story sexier. Other times, "consumer groups" work with the media to advance an anti-business agenda.
All too often, those exaggerations or manipulations result in lost jobs, lost revenue, unfounded health scares, unnecessary government intervention or even the death of millions of innocent victims.
The Business & Media Institute has compiled a lit of the Nine Worst Business Stories. The list illustrates the lengths to which the media have gone in the last 50 years to attack agriculture, restaurants, the automobile industry, chemical manufacturers and health care.
It also details the ill effects of those stories, which range from "Oprah's Beef with Beef" to Connie Chung's silicone scare to Wendy's "Finger Food" to the infamous "Dateline" exploding trucks, to coverage that resulted in a ban on DDT. Relive foul Food Lion, rolling Jeeps, accelerating Audis and Alar on apples with video from most of the reports!
Check out the list, then come back to NewsBusters to add your comments and suggestions for other bad business coverage!