Thursday, July 31, 2014. Last Update: Thu 11:03 AM EST

The Audit

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Billionaires made from scratch? Hardly

Forbes spins a bogus Horatio Alger story about its 400 richest list

Forbes touts its annual list of the 400 richest U.S. billionaires as evidence "that the American dream is still... More

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Audit Notes: NYT’s Web bonanza, Doctor on paywalls, capital gains taxes

The paper sells its stake in a jobs site for a stunning profit

The New York Times Company has sold its stake in the Indeed.com jobs site for $100 million profit, which ain't... More

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Smartphone money

The Journal on how phones are weighing more on family budgets

The Wall Street Journal is good to take a look at how smartphone bills are eating up a chunk of... More

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The capital gains preference

Why Mitt Romney’s taxes are so low and whether economics justifies it

Forbes, as Joe Nocera points out this morning, thinks that its list of the 400 richest US billionaires "instills confidence... More

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Audit Notes: newspaper war, inflation fears, executive pay

The Times-Picayune says it planned to go into Baton Rouge all along

The Times-Picayune plans to move into Baton Rouge to hit back at the Advocate's move into New Orleans. But publisher... More

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Audit Notes: Digital First takedown, here comes the WSJ, debt and taxes

The Awl roughs up Journal Register’s flagship paper

Brett Sokol, writes one of the most brutal piece of media criticism I've read in a long time. He examines... More

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The Newhouses strike back

The Times-Picayune goes to war with the encroaching Baton Rouge Advocate

After Advance Publications announced it would gut the still-profitable New Orleans Times-Picayune's newsroom and slash publication to three days a... More

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The inflation bugaboo, back again for QE3

Scare stories on an expected uptick in price expectations

If you've followed the financial press or have seen Ron Paul talk in the last few years, you've heard all... More

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Audit Notes: high-frequency trading, Ann Arbor news, SEC access

A whistleblower sparks a growing investigation, reports the WSJ

The Wall Street Journal has a good page-one story and scoop on a high-frequency trader turned whistleblower whose complaint has... More

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Audit Notes: ‘makers and takers’ edition

Romney’s “47 percent” comment continues to reverberate

A big part of the problem with Mitt Romney's "47 percent" characterization, as I wrote yesterday, is that it uses... More

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Mitt Romney and the Lucky Duckies

A gaffe created in the Fox News/WSJ editorial page echo chamber

Who are the 47 percent, why were Mitt Romney's comments on them so wrong, and how did Romney come to... More

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Audit Notes: News of the World’s thugs, Occupy impact, nonprofit news

Allegations that the paper’s gumshoes broke into houses looking for dirt

What could go wrong when a Murdoch newspaper employs axe-murder suspects? A lot, as we've already seen, and it may... More

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The Post goes south on NAFTA

The paper ignores or glosses over Mexico trade’s effects on the US

The Washington Post rah-rah story on trade with Mexico last week left out key context for its American readers. The... More

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The hamster wheel vs. the quality imperative

The real problem with JRC/Advance free model and the unappreciated benefit of a paywall

…The great is rare; the dull quite common. But — and this is the genius of the online format... More

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Audit Notes: Bloomberg eyes CMBS, newspaper optimism, Weil on bank books

Signs of froth return to commercial real estate lending

Bloomberg News is good to keep an eye on the securitization market for early signs of froth. It reports that... 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

Journalists subpoenaed in ‘pink-slime’ suit - BPI wants emails from NYT’s Michael Moss, public-health lawyer Michele Simon, and others

Bloomberg struggles to break out of the box - Justin Smith’s ambitious digital transformation hits some bumps

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

Embedded with the Koch brothers - Hometown reporters get rare access to the media-shy oilmen, with mixed results


The 60-second interview: Marty Baron (Capital New York)

CAPITAL: I just noticed that the most-read story right now on your website is an aggregated piece about a Russian lizard sex station in space. BARON: [Laughs] Is that right?

Your iPhone can now make free encrypted calls (Wired)

The beginning of the end of burner phones?

The new face of Richard Norris (GQ)

“‘Richard?’ I say. ‘Richard?’ I shove his shoulder and nothing happens. He is dead. He is on my watch and he is dead. I hear gurgling. Breathing. He’s on my watch and he is not dead.”

How to be a decent entertainment reporter (Eric Danton)

“Here’s how not to suck at it: Don’t write like an entertainment reporter”

Bloggingheads

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

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Who Owns What

The Business of Digital Journalism

A report from the Columbia University Graduate School of Journalism

Study Guides

Questions and exercises for journalism students.