Washington Examiner (March 17)
China is expelling all of the American journalists for the New York Times, Washington Post, and Wall Street Journal. “The U.S. should take robust action. President Trump should direct Secretary of State Mike Pompeo to expel the Chinese ambassador…. We must stand up for our most sacred values.”
Tags: Action, Ambassador, China, Expelling, Journalists, New York Times, Pompeo, Trump, U.S., Wall Street Journal, Washington Post
Economic Times (January 22)
“Two years after taking the oath of office, US President Donald Trump has made 8,158 false or misleading claims, according to The Washington Post’s database.” What’s more, he is picking up the tempo. “The President averaged nearly 5.9 false or misleading claims a day in his first year in office, but he hit he hit nearly 16.5 a day in his second year, almost triple the pace.”
Tags: Claims, False, Misleading, Oath, Pace, Trump, U.S., Washington Post
Business Insider (April 23)
“President Donald Trump set another record low approval rating as he concludes his first 100 days in office.” A Washington Post/ABC poll “showed the new president with the lowest approval rating at this point of any president since the polling began in 1945,” with 53% disapproving of his performance and only a 42% approval rating.
Tags: ABC, Approval rating, Disapproving, Lowest, Poll, Record, Trump, Washington Post
Washington Post (August 8)
“Knowing how much the Grahams loved the paper, we could only imagine how hard it must have been for Don and his niece, Post publisher Katharine Weymouth, to tell that stunned room of employees that the paper was being sold…. Many of us sense that Don and his family have done an unselfish and courageous thing, at some personal emotional cost. Knowing that the Grahams could not sustain The Post indefinitely as a great newspaper, they looked for someone who could.” Selling the Washington Post “was Grahams’ gift to journalism.”
Tags: Courageous, Don Graham, Emotional cost, Employees, Journalism, Katharine Weymouth, Newspaper, Publisher, Unselfish, Washington Post
Wall Street Journal (August 7)
“The most striking fact about the recently announced sale of the Boston Globe and Washington Post is their low prices…. The prices reflect the decline of newspapers as a business in the Internet age, which is the kind of creative destruction millions of Americans have experienced. Disruption is the price a capitalist economy pays for innovation, and the news business is merely the latest example.” The new owners should be welcomed as they provide “an opportunity for new ideas and perhaps a turnaround.”
Tags: Boston Globe, Capitalism, Creative destruction, Decline, Disruption, Ideas, Innovation, Internet, Newspapers, Opportunity, Owners, Prices, Turnaround, Washington Post
Barron’s (July 25)
There is a social media bubble. “Investor enthusiasm for social-media stocks is way overblown.” To illustrate Barron’s points out that 8 social media companies (Facebook, Groupon, Zynga, LivingSocial, Twitter, LinkedIn, Pandora Media and Zillow) with recent or potential IPOs only earned combined revenue of $3.5 billion. Alone, the Washington Post earned $1 billion more than the eight companies combined, but the market value of the Post is just $3.4 billion. In contrast, Twitter has been valued at $8 billion and Facebook’s theoretical value is $100 billion. While these may be great companies, they appear to be bad stocks for investors.
Tags: Bubble, Facebook, Social media, Twitter, Washington Post
