Business Coverage

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…

Is AP reporter Christopher Rugaber taking yours truly's admonishments to heart? Either he is, or there were a number of odd coincidences in his reports today (early; later) on the small drop in initial unemployment claims (to 422,000, from an upwardly revised 428,000 the previous week) reported by the Department of Labor this morning. Last week (at NewsBusters; at BizzyBlog), I criticized…

Warning: The following cop-out explanation by Associated Press Retail Writer Mae Anderson will make many readers' heads hurt. Knowledge that she found an economist willing to support it may cause migraines. Consumer confidence as reported by The Conference Board fell to 60.8 in May from 66.0 in April -- "unexpectedly," of course, as the headline for Ms. Anderson's article indicates. But…

Associated Press Economics Writer Paul Wiseman apparently exhausted his supply of adjectives to describe the current state of the U.S. economy, and came up with a new one. Today's news wasn't good. The Institute for Supply Management's Manufacturing Index plunged from 60.4% to 53.5%. While still indicating expansion (any value above 50% means that), it's the biggest one-month drop since…

Editor's Note: This first appeared in BigGovernment.com. We have oft discussed the Orwellian manner Leftists do, well, everything. And specifically how they go about naming their gaggles – the groups they form to advance their Leftist agenda. The Media Marxists looking to eradicate all private ownership of news and communications – so as to have the government be your sole provider of…