Count me among the losers who naively bought AT&T stock believing management and legions of experts who said the company’s frothy dividend was secure. AT&T’s divestiture of its media assets is yet another reminder as to why individual investors should only own diversified, low-cost ETFs.
Hard as it is to believe, the U.S. media fell to new lows these past two weeks, with USA Today, the New York Post, Fox News, the Washington Post, the New York Times, NBC News, and the University of North Carolina’s journalism school leading the charge. Given UNC’s involvement, indications are that corporate journalism is fast approaching the point of no return.
Jeff Bezos’ willingness to defy Michigan Rep. Andy Levin and 50 other Congressional members is just one of many reasons I’m in awe of the Amazon founder and CEO.
The Los Angeles Times is a failing publication reportedly losing $50 million a year. Here’s why many of the journalists working there deserve the fate that likely awaits them.
The New York Times is Ground Zero of America’s cancel culture, and the mean spiritedness responsible for the forced resignation of veteran science reporter Donald McNeil has contaminated journalism and popular culture. The success of the Times and other once elite publications is dependent on continuously fueling negativity and anger.
Unless you live in Ontario, Canada, getting caught in a lie or other forms of dishonesty doesn’t have the consequences it once did. In journalism, it’s possibly a career booster.
I recently learned that the Toronto Star, far-and-away the best place I ever worked, has been overrun with woke journalists. My initial reaction was anger. Upon further reflection, I came to feel sorry for them.
Nonprofit companies prey on the public’s mistaken belief they are altruistic organizations doing God’s work. Much too often, they are merely legal tax dodge schemes. Some, like Consumer Reports, engage in business practices they purport to oppose.
Given the national furor over the excessive police force, it’s a wonder that Kamala Harris is rumored among Joe Biden’s top picks for a running mate. Harris once prosecuted a mentally ill woman who was severely injured in a police encounter. She also refused to prosecute a corrupt California utility whose negligence resulted in eight deaths and the decimation of an entire neighborhood.
Liberals were once the champions of free speech. Conservatives have picked up the mantle and fighting the media’s attempts to destroy it.