Business Coverage

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…

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…

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…

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…

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…

Is it just me, or is the Associated Press's Jeannine Aversa doing an end-zone dance because she thinks that the recession Old Media has been pining for has finally arrived? Someone needs to remind her that one negative quarter, if it even occurs, does not a recession make. In an early-Saturday story on the economy, Aversa treated the recession as a lock in her first paragraph, even though the…

As economic issues move to the front of the on-going presidential campaign, the mainstream media have given an increased amount of coverage to what is happening on Wall Street. However, they have portrayed Wall Street as something completely alien to what happens on "Main Street." "Now to Wall Street, which, as you know, doesn't always like what Main Street likes, and by the end of the…

Coming off his April 2 interview with Democratic presidential hopeful Sen. Hillary Clinton (D-N.Y.) on his show "Mad Money," CNBC's Jim Cramer told "Squawk Box" his job entails some hazards. "You know, look, obviously I've had a lot of death threats," Cramer said on CNBC's April 3 "Squawk Box." "They're actual death threats. And, you go to the state police and the state police go to the local…

Wall Street saw a 391-point rally on the Dow today, the first day of the second quarter. ABCNews.com saw the development worthy of a "Breaking News" tag towards the top of its Web page and put the story in the top headlines rotation.But it appears that ABCNews.com was alone among its competitors in trumpeting the news. I checked numerous Web sites shortly after 5:30 and found ABC's to be the only…