New York Times Issues Press Release Proclaiming Paper 'Continues to Break Vital News'

New York Times Issues Press Release Proclaiming Paper 'Continues to Break Vital News'

Published: July 07, 2010 @ 1:48 pm
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By Dylan Stableford

Even in-house publicity departments have slow days:

New York Times Business Section Continues to Break Vital Corporate and Financial News; Must-Read for C-Suite Executives

NEW YORK, Jul 07, 2010 (BUSINESS WIRE) -- The New York Times business section, Business Day, is rapidly establishing itself as one of the preeminent sources of business, corporate and financial news and information as evidenced by recent scoops and many coveted industry awards, including the Pulitzer Prize and Loeb Awards. Additionally, recent investments in the business section have translated into many must-read blogs and columns authored by many of the most important and highly regarded names in business journalism.

Under the direction of New York Times business editor Larry Ingrassia, Business Day has broken many of the biggest stories affecting corporate America today, including the S.E.C.'s civil lawsuit against Goldman Sachs, the United-Continental merger and the New York attorney general's investigation of eight banks accused of misleading information rating agencies.

"The New York Times business section resonates with readers from Wall Street to Washington to Main Street with insightful analysis from many of the most thought-provoking business columnists," said Mr. Ingrassia. "Business Day reporters are unearthing some of the most important stories of the day."

Since Mr. Ingrassia joined The Times in 2004, the Business desk has earned more than 60 awards, including four 2010 Gerald Loeb Awards, a 2010 Pulitzer, 13 awards from the Society of American Business Editors and Writers (SABEW) in 2010 and 11 SABEW awards in 2009.

At the recently announced Loeb Awards, Michael Moss and Andrew Martin won the Large Newspapers award for "Food Safety," which exposed the flaws in ground beef inspection systems and the resulting dangers of E. coli. David Pogue won in Online Commentary and Blogging for a "Pogue's Posts" entry in which he crusaded against mandatory cellphone voicemail instructions. Andrew Ross Sorkin won the Business Book category for "Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System - and Themselves." The Lifetime Achievement Award was given to three-time Pulitzer Prize-winner Walt Bogdanich for his work as an assistant investigative editor at The Times.

Among the most recent additions to Business Day are AppSmart, a new personal tech column, and Prescriptions, The Times's revamped health care industry blog.

AppSmart, written by Bob Tedeschi, will debut Thursday, July 8, in the paper's Personal Tech pages and online, with a focus on the ever-expanding universe of downloadable apps for smartphones. Each week's column will review a category of apps ranging from restaurant locators or word processors to surfing or bird watching. It will replace Mr. Tedeschi's weekly PhoneSmart column.

With the passage of the health care bill, the Prescriptions blog has broadened its territory to follow the business of health care. With this new focus, readers can expect a range of topics, from the implementation of the health care law and its impact on various sectors of the health care industry to essays on developments in the insurance and pharmaceuticals industries, and reader Q.

Tags: CBS, Media, new york times, press releases, Television
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