Business Coverage

Apparently, “CBS Evening News” thinks it shouldn’t be your responsibility to remember to balance your checkbook. Anthony Mason’s July 11 report bashed banks for *GASP* profiting from overdraft fees.“Banks are cashing in on overdrafts, raking in more than $17 billion in fees last year, according to the Center for Responsible Lending” said Mason.The segment, called "Hidden Charges," did not include…

So much for recycling as a perfect save-the-planet solution …It seems recycling may be deadly, according to the CBS “Evening News.”“The business of recycling is a big part of the reason people are piling their trucks full of junk,” said CBS News correspondent Sandra Hughes on the July 11.

Under the guise of "food safety," USA Today called for stricter regulation and more labeling of foreign food.A sidebar to the newspaper's cover story on July 11, cited two left-wing food police groups supportive of more country-of-origin-labeling (COOL), but buried opposition until the last paragraphs."Will knowing where food comes from make it safer?" asked USA Today's Elizabeth Weise before…

Pity the journalist who dares accuse Michael Moore of “fudging” facts. Dr. Sanjay Gupta offered a “SiCKO” reality check for CNN viewers, and CNN brought Michael Moore on “The Situation Room” to rebut the segment.“That report was so biased, I can’t imagine what pharmaceutical company ads coming up right after our break here,” Moore lashed out against Wolf Blitzer on July 9.Apparently in Moore’s…

Drop that Deer Park bottle because with "every sip" you are "hurting the environment."ABC "World News Sunday" bashed bottled water, and barely included industry representation in a segment about a California restaurant that has stopped serving bottled water.Eric Horng's July 8 report reinforced the decision of Chez Panisse to stop selling bottled water and lectured viewers about the…

Today's release of the Institute for Supply Management's Non-Manufacturing Activity Report, which measures business conditions in the 86% of the economy other than manufacturing, came in with a reading of 60.7, after recording a 59.7 last month. As has been customary, the report whipped the pants off of "expectations." This Thomson Financial article at Forbes predicted a decline to 58.1 instead…

Billion-dollar returns just aren’t good enough for NBC. On June 26, the “Nightly News” attacked wealthy hedge fund managers for making high-risk investments and for trying to do business with the “vulnerable” upper-middle class.Reporter Carl Quintanilla mentioned rich investors who want to become “hedge fund rich,” but then focused his segment negatively on such investment firms.“[T]he people who…

Complete with a background track fit for an indie horror flick, NBC’s “Today” bashed student loan companies and colleges with a segment on “student loan schemes.”On June 21, consumer correspondent Janice Lieberman ignored personal responsibility as she bashed colleges and lenders without giving them a chance to rebut.“You would assume that the college you choose would be on your side and find the…

What you don't know about your kids' sneakers can kill them!Hmm, I'm getting a strange sense of déjà vu.The Washington Post's Fredrick Kunkle let a leftist group skate away with the bland "nonprofit group" tag. The group, the Boston-based World Against Toys Causing Harm (WATCH) named Heelys -- a pair of sneakers with small wheels recessed into the heel -- the worst toy of 2006.But a review of…