Friday, August 02, 2013. Last Update: Fri 2:50 PM EST

The Audit

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For TV, campaigns create big winners, (relative) losers

Political ads may not be all “gravy” for local stations—but they’re still an awfully good deal

When Republican presidential candidate Rick Santorum suspended his presidential campaign last month, the former Pennsylvania senator all but sealed Mitt... More

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The business press embarrasses Jamie Dimon

London Whale, sighted one month ago, knocks billions off JPMorgan’s worth

In what FT Alphaville called "the most excruciating bank conference call we’ve ever heard," press favorite Jamie Dimon announced last... More

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Audit notes: Chesapeake woes, the Untaxable, Reuters on HSBC

The hits keep coming at Chesapeake Energy. Today, it's The Wall Street Journal's turn. It reports on page one that... More

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The Washington Post Co.’s Self-Destructive Course

Dividends, share buybacks, and an anti-paywall stance help bleed the paper dry

The Washington Post Company‘s dismal quarterly earnings release last week was received with something of a shrug—more of the same.... More

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Audit notes: WSJ dings austerity, Weisenthal, The Global Mail

If you're looking to get up to speed on what happened with the euro and Greece, you could do a... More

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Audit notes: Blodget’s anonymous Zuck fans, Ongo no-go, social news apps

New York cover story dispenses with named sources

Here's the sourcing in Business Insider CEO Henry Blodget's New York cover story on Facebook CEO Mark Zuckerberg: "a colleague... More

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Clearly, Quartz wants to help elites go optimize themselves

The Atlantic’s new business site enters a crowded field catering to the 0.1 percent

The Atlantic's big new business-journalism project is off to an inauspicious start. First there's the name: Quartz, which is different,... More

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Audit Notes: Murdoch’s Influence, Reuters’s Chesapeake drumbeat

A sweeping indictment of the corruption of British politics by News Corp.

The News Corp. scandal is so massive and so sprawling that it's just about impossible to bring all the pieces... More

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Audit notes: News Corp.’s board, Lehman’s hubris, Awards and Slideshows

David Carr eyes Rupert Murdoch’s crony-filled board of directors

David Carr takes a look at the News Corporation board of directors, which is as stacked with the CEO's cronies... More

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The housing market at an inflection point

The Journal explains why bidding wars are starting to bubble up again

After seven or so years of bearishness on housing, I decided a few weeks back that the market was probably... More

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Audit notes: Still pro-euro, foreclosures, privatized parking meters

An FT contributor says the UK doesn’t want to miss out on that Europe thing

British Labour politician Peter Mandelson takes to the Financial Times to argue that, after all we've seen, the UK should... More

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Facebook’s low, low ad rates

The Journal reports on the site’s problems with advertisers

The Wall Street Journal has a nice piece on advertisers' doubts about Facebook. As I noted a few months ago,... More

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The most important journalist in business news

Fox Business stakes a gilded claim for Neil Cavuto

Quick: Who's the most important journalist in business news? Is it The Wall Street Journal's Robert Thomson or Paul Gigot?... More

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Audit notes: Dollar dictator, the SEC’s small fry, Americans go Swiss

The Federal Reserve doesn’t answer solely to Ben Bernanke

The Atlantic's Matthew O'Brien, whom you should really be reading, raises an important point lost in all the discussion about... More

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The reporter who saw it coming

Mike Hudson thought he was merely exposing injustice, but he also was unearthing the roots of a global financial meltdown

Mike Hudson began reporting on the subprime mortgage business in the early 1990s when it was still a marginal,... More

Old TNR vs. New TNR

In one tweet

Luke Russert is the Golden Boy of DC

And it drives young journalists crazy

Oh, #Florida!

Why does Florida produce so much weird news? Experts explain

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