Friday, July 25, 2014. Last Update: Fri 6:50 AM EST

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Articles by Ryan Chittum | Email the Author

Opening Bell: Bear Country

Dow downers; Fed scrambles; one more Countrywide postmortem, etc.

Stock markets plunged on Thursday on worries about the health of the financial system and the economy as a whole.... More

Opening Bell

Exxon’s $2 billion win; Fed stays put; States pile on Countrywide; etc.

The Supreme Court handed a $2 billion victory to Exxon Mobil, saying the punitive-damages award for the Exxon Valdez disaster... More

Opening Bell: Wrong Track

Consumer confidence dives again; so do home prices; real estate crimes; Buffett on porn; etc.

Consumer confidence plummeted, raising fears of a deeper recession if the pessimism translates into lower spending. The Wall Street Journal... More

Opening Bell: GM’s Gas-Guzzler Blues

Zero percent financing rides again; 100 percent financing rides again; Google News is overrated; etc.

General Motors continued its struggles, going back to its same old bag of tricks for another round of zero percent... More

Opening Bell: At Least It Wasn’t a Bridge Tournament

SEC’s Cox sunned while Wall Street burned; Big bank layoffs; Saudis pump more, Nigerians less; etc.

The Wall Street Journal takes a withering A1 look at the performance of Securities and Exchange Commission chairman during the... More

Opening Bell: Perp Walk

Plus, “Operation Malicious Mortgage”; Swiss cheats; an RV chase scene, etc.

The Bear Stearns Two got their perp walk yesterday after a federal grand jury indicted them on criminal fraud charges,... More

Opening Bell: GAO Smacks Down Air Force

Says it improperly awarded major contract; bad news at FedEx; Pfizer sticks it to us on Lipitor; etc.

The Government Accountability Office handed Boeing a huge win, finding that the Air Force improperly awarded a $35 billion contract... More

Opening Bell: What’s Goldman’s Secret?

Firm weathering credit storm; stagflation alert; tougher toy regs; lenders screw poor students; etc.

Goldman Sachs continued to navigate the credit crisis better than any of its peers. It reported just an 11 percent... More

Opening Bell: Fed Says Markets Too Optimistic

August rate hike unlikely; more evidence that KBR ripped us off in Iraq; rethinking privatization; etc.

The Wall Street Journal and the Financial Times both go page one with apparent leaks from the Federal Reserve that... More

Opening Bell: Crimes at Bear Stearns

Feds ready indictments; the toll of write-downs; AIG to sell some operations?; etc.

Federal prosecutors are preparing to indict two Bear Stearns executives who ran hedge funds there that collapsed last summer in... More

Opening Bell: Ax Falls At Lehman

Prez and CFO demoted, CEO may be next; KeyCorp cuts dividend; Zell loses publisher; more trouble for AIG; etc.

Heads rolled at Lehman Brothers as the Wall Street bank took action to restore its tattered credibility after a brutal... More

Opening Bell: Are Your Chemicals Safe?

New Euro regs push U.S; will the Belgians brew Bud?; fugitive CEO living large in Namibia; etc.

The Washington Post on A1 writes that a tough new European law regulating the chemical industry is affecting the way... More

Opening Bell: Bernanke Talks Tough on Inflation

Says developing countries can do more; Libor reform lite; Sam Israel’s suicide solution; etc.

Inflation is the topic du jour at The Wall Street Journal, New York Times, and Financial Times this morning. The... More

Opening Bell: Lehman’s Big Loss

Second-quarter hit a sign o’ the times; corporate ‘golden coffins’; a dark side of free trade; etc.

Lehman Brothers troubles deepened as it projected it would lose $2.8 billion in the second quarter—far more than already dour... More

Opening Bell: New Fronts in the Credit Crunch

FT and WSJ make predictions; gas prices crushing rural poor; about that AOL whistleblower; etc.

The Financial Times and The Wall Street Journal pull out their crystal balls to predict what the credit crunch will... More

Opening Bell: The Incredible Shrinking Tribune

Zell slashes pages, people; foreclosures gone wild; UBS ready to sing; AIG faces criminal investigation; etc.

The Tribune Company is slashing its papers’ newshole and employees in a bid to stay afloat under its staggering debt.... More

Opening Bell: Bond Insurers Headed South

Moody’s set to downgrade MBIA, Ambac; kinder, gentler Wal-Mart; bizarre doings at the FCC; etc.

Prospects of another downturn in the credit crisis continued to increase, this time on an old standby: a credit-ratings firm... More

Opening Bell: Will Americans Drop the SUV?

Carmakers think so; GM may unload Hummer; WaPo’s hyperlocal Web site experiment bombs; etc.

(Sub-headline corrected on 6/8/08) The nation’s car market continued to suffer from high gas prices, with sales tumbling 11 percent... More

Opening Bell: Ken Thompson Kicked To Curb

Wachovia says, No mas!; Lehman loss is coming; where are they now: Dick Grasso; Google angers big advertisers; etc.

Wachovia dumped its CEO Ken Thompson after a series of bad moves over the last few years culminated in a... More

Opening Bell: Credit Crunch Hits Poor Students

Want a loan for community college? Good luck; foreclosures are rolling; NYT Company’s fat dividend; etc.

The New York Times says the credit crunch is hitting students at two-year colleges and “other less competitive institutions” as... More

How Forbes got to $475 million - That’s what a Hong Kong investor has agreed to pay for a firm that two years ago had trouble paying its rent

Are female journalists up to the job of a Jill Abramson interview? - Reporters avoid unflattering discussion about her firing

How to check if that viral video is true - Journalists don’t always verify user-generated content, so readers need to learn how to verify what they see online

The Grand Dame of Florida reporting has retired twice, but she’s still causing trouble - A conversation with the Tampa Bay Times’ Lucy Morgan

Brick by brick - After years of shrinking ambition at The Washington Post, Jeff Bezos has the paper thinking global domination


The 10 worst New Yorker longreads (Gawker)

“[A]pparently [Adam] Gopnik did not know you could bake fancy breads from France and other cultures. So he got his mom to teach him how to bake them. A fine anecdote, maybe, to tell a friend or a therapist. But in this case he wrote about it for the New Yorker, a magazine.”

Insufferable parenthetical asides, ranked (The Hairpin)

18. (strictly for the mise-en-scene)

You are now entering the demented kingdom of William T. Vollmann (TNR)

“Franzen tells a hilarious story of being a young writer in New York, meeting Vollmann, becoming fast friends, and inaugurating a draft swap. A while later, they exchanged work. Franzen gave Vollmann a dozen chiseled pages. Vollmann gave Franzen an entire novel.”

Bloggingheads

Greg Marx discusses democracy and news with Tom Rosenstiel of the American Press Institute

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A report from the Columbia University Graduate School of Journalism

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