Judges
comments for SABEW Best in Business Awards
The Society of American Business Editors
and Writers has named the winners in its 12th annual Best
in Business contest, which recognizes the best sections
or publications, as well as the best breaking news, enterprise
and projects reporting in business journalism during 2006.
The judges comments for each category are
available below:
Student
Contest
Student Competition Winners
Reuters
“Iraq, Afghanistan lure poor Latin American Guards”
by Isabel Ordonez, University of Missouri
This was a story that judges agreed they just hadn’t
read anywhere else. U.S. companies with operations in these
countries are cutting costs by hiring Latin Americans with
military know-how. In two months, one man said, he earned
as much money guarding the U.S. Embassy in Kabul as he would
earn in two years in Peru. The piece was insightful and
complete. It was written during her internship for Reuters
in Lima, Peru. She is a student at the Missouri School of
Journalism.
Bloomberg
“Smith & Wesson, `Dirty Harry’ Gun Maker,
Targets Army” by Amy Thomson, University of North
Carolina-Chapel Hill
This offered a well-balanced report of one company’s
efforts to expand its business. The company’s strategy
is to sell more .45-caliber pistols over the next 10 years.
The business story was solid, packed with details and written
straight-down-the-middle. We have no idea how the reporter
views handguns - as it should be. The piece was written
during her summer internship at Bloomberg. She’s a
student at the University of North Carolina-Chapel Hill.
News
Contest
Breaking News Winners
Giant Newspaper Category
The Boston Globe
“Boston Scientific’s acquisition of Guidant”
by Stephen Heuser, Robert Gavin, Steven Syre, Jeffrey Krasner,
Erica Noonan, Emily Shartin and Bennie DiNardo
The BSX/GDT merger was a long, drawn-out affair, yet when
it closed, the hometown paper put together an exceptional
package. It touched on what it meant to the industry, to
the region and had a bonus for readers: a profile of the
CEO, ready to go on Day 1. A sound lead brought the story
home to Boston readers; so did sidebars that paid attention
to details, such as what this deal means to suburban Boston,
how Boston Scientific is viewed by its neighbors and even
what the deal might mean to charity in the region.
The New York Times
“Google’s YouTube Deal” by Andrew
Ross Sorkin, Matt Richtel, Miguel Helft and John Markoff
Great storytelling on a breaking-news piece put this story
a cut above. It combined insider detail, depth and remarkable
context, especially given the deadline pressures faced by
staff writers. The Times saw this thoroughly modern deal
for its cutting-edge significance, even if it wasn’t
that big a deal in 2006 terms and if it had huge question
marks over it. By paying attention to the details of language,
the coverage captures the unique place Google and YouTube
hold in today’s business news.
Chicago Tribune
“Board of Trade-Mercantile Exchange Merger”
by Greg Burns, David Greising, Susan Chandler, Susan Diesenhouse
and Julie Johnsson
The Tribune made this an international and local story,
and kept the arcane world of futures accessible. This was
breaking news two decades in the making - a veteran staff
building institutional knowledge and unleashing it when
the big news broke. Readers were the winners, enjoying a
comprehensive package of stories that started online and
carried into a print presentation that went from the obvious
(how the deal was done) to the minute (how “regular”
Chicagoans will feel the ripple effects). A succinct analysis
of what it means to Chicago’s place in the trading
world was a nice bow to the package.
Large Newspaper Category
San Jose Mercury News
“Inside the HP Privacy Drama” by Therese
Poletti, Sarah Jane Tribble, Howard Mintz, Scott Duke Harris,
Mike Langberg, Michelle Quinn, Donna Alvarado, Michele Chandler,
Maria Shao and Kevin Wendt
Very strong coverage of a complicated story. Package detailed
not only the events - with director profiles and a chronology
to help the reader - but also explored the issue of pretexting,
foreshadowing later news on the subject.
The Denver Post
“Raids at Swift Plants” by Bruce Finley,
Tom McGhee, Christine Tatum, Kieran Nicholson, Greg Griffin,
Kristi Arellano, David Migoya and Christopher Osher
This coverage successfully tackled two important issues
- immigration and identity theft - simultaneously. An excellent
example of a national story made local, with personal stories
and business effects explored.
Detroit Free Press
“GM Alliance: Power Play Shakes Motor City”
by Mike Ellis, John Gallagher, Ron Dzwonkowski, Jennifer
Dixon, Susan Tompor and Margarita Bauza
Strong coverage from all angles, with great presentation.
This is a visually impressive package: big layouts, outstanding
graphics, nice photos, tons of stores.
Medium Newspaper
Category
The Charlotte Observer
“Creditors, feds key to air takeover bid”
by Steve Harrison, Rick Rothacker, Andrew Shain, Mike
Drummond, Ames Alexander, Stella M. Hopkins, Christopher
Kirkpatrick and Tony Mecia
This package was very strong, especially for taking a national
story and saying what it means for people in Charlotte,
without losing the sophistication of the national point
of view. The quotes were strong, the impact was clear and
the historical points of view were well done. The examples
of past instances of this sort of change were well presented.
The sidebars filled in with things such as the Mr. Watchdog
column that answered some of the specific questions that
come up for the community.
Detroit News
“Blue Friday” by Bill Vlasic, Daniel Howes,
Bryce G. Hoffman, Christine Tierney, Sharon Terlep and Louis
Aguilar
The trend for the year seemed to be the shrinking center
of U.S. manufacturing. This package matched the gravity
and history-making nature of the event. You could not ask
for a more complete coverage. You can feel the shoe leather
in these stories, with reporters getting deep into the community
to feel what changes in one company will do for the people,
economy and city of Detroit. The writing avoids the cliché
and moves easily between the global implications and the
family stresses.
Detroit News
“New Ford CEO” by Bill Vlasic, Daniel Howes,
Bryce G. Hoffman, Christine Tierney, Josee Valcourt and
Sharon Terlep
This package showed off the paper’s deep sources and
brought the reader into the board room. It did this without
assuming any knowledge or going over the heads of more readers.
The writing was strong and clear and told the story quickly
and easily. The surprising nature of this move means the
team had to hustle, and they did. The sidebars elaborated
on points such as the differences between the auto industry
and Boeing and the dangers of bringing an outsider into
a club like the auto makers.
Small Newspaper Category
The Morning Call (Allentown, Pa.)
“Agere Bought Out” by Kurt Blumenau and
Sam Kennedy
Kurt Blumenau’s main story was comprehensive and authoritative,
demonstrating knowledge about the chip industry, individual
companies involved and the local economic implications of
the deal. Blumenau questioned whether the merger would have
the results espoused by the two companies and was rightly
skeptical about whether this truly represented a “merger”
vs. a takeover. Despite including commentary about Agere’s
“brief, disappointing life”, the writer included
views from all of the major constituents - Agere and LSI
officials, Agere employees and Wall Streets sell - and buy
sides - which were presented in a balanced fashion. Sam
Kennedy’s sidebar “Similarities between Agere,
LSI only go so far” backed up Blumenau’s questioning
of the companies’ proposed $125 million cost-saving
figure target and provided good historical information about
both firms. The accompanying frontpage graphics “Comparing
the Companies” and Agere “Through the Years”
provided quick and handy reference for readers with less
familiarity with the companies and Agere’s history.
The Wichita Eagle
“Beechcraft is Back” by Jerry Siebenmark
Judges were impressed by the depth of research and reporting
that went into such a quick turnaround for the story of
Beechcraft’s private equity deal. The overall package
was impressive with just about every conceivable angle covered.
The writing in the main piece was creative and clear and
the accompanying graphics and pictures added to the comprehensive
feel of the coverage. The Wichita Eagle’s coverage
was particularly impressive given the regular beat reporter
was on vacation when the story broke. The quality of the
coverage in such a “scramble situation” is a
testament to the professionalism and talent of all involved
in putting together the package.
Press-Register (Mobile, Ala.)
“Prichard Wins” by Kathy Jumper, Andy Netzel
and Mark Inabinett
Kathy Jumper’s main story Pritchard, Ala. being declared
the site of a new motor sports complex was crisply written
and, along with the accompanying graphic, provided the reader
with all the relevant information in any easily digestible
form. Jumper’s “just the facts ma’am”
reporting was only enhanced by a strong sidebar by Andy
Netzel. While also adhering to a straightforward style,
Netzel’s story provided the “human angle”
of the story, but did so in an evenhanded way. Rather than
pandering to the potential “victims” of the
race track, the story contained comments from several local
constituencies - critics and supporters alike - while addressing
the broader economic impact of the news. Mark Inabinett’s
sports-section cover story took yet another angle to the
story: the impact the planned new complex would have on
existing area raceways. The surprising slant of the story
was many of the “mom and pop” race track operators
were upbeat about the news of a potential “big league”
competitor.
Business Weekly Category
Advertising Age
“Unruly Julie and the Scandal that Rocked the
Ad World” by Matthew Creamer
This was such an engaging subject. And the thing you took
away from this package was that this was much deeper than
the news event - it was about a clash of cultures and Wal-Mart
wanting to break out of itself and not being able to. The
writing was not only flashy, it was authoritative. The sidebars
were well-conceived and comprehensive. And how do you miss
with booze, bribery and sex?
Dallas Business Journal
“HUD Secretary’s Blunt Warning” by
Christine Perez
It was gutsy that the Dallas Business Journal went with
the story, and then it broke nationally. This has become
part of a national conversation about cronyism in the Bush
Administration. So we gave them credit for showing up and
for seeing the outrageousness of what he was saying. And
the story had good balance and was fairly written.
Real-Time Category
Bloomberg News
“Bill Ford Makes Way for Mulally” by Bill
Koenig, Rachel Layne, John Lippert, James Gunsalus, Peter
Robison and Gillian Wee
Our criteria for this category included whether an entry
had strong detail and analytical prescience. This entry
had both. There wasn’t much redundancy throughout
the package, and the Herb Kelleher interview was a score.
Most of all, the package offered a peak behind the curtain.
Ford is a behemoth that guards itself pretty carefully.
To have a look at its power struggle within was interesting.
News
Contest
Enterprise Winners
Giant Newspaper Category
New York Times
“Very Rich Are Leaving the Merely Rich Behind”
by Louis Uchitelle
Kudos to the New York Times and Louis Uchitelle for giving
us an insightful and realistic look into what makes a growing
number of professionals decide to leave their chosen professions
for much more lucrative ones. Whether you agree or disagree
with the reasoning, the author writes it in a way that stimulates
further discussion. Mr. Uchitelle has a tremendous capacity
to weave a story and get people to speak openly and frankly
about such a delicate subject like personal financial compensation.
The Philadelphia Inquirer
“Philadelphia Baggage Story” by Tom Belden
and Craig R. McCoy
Tom Belden and Craig R. McCoy give you an excellent description
of what happens to luggage going from Philadelphia’s
airport. Added to that you have excellent photos and graphics
that depict the customer frustrations as well as a timeline
of how US Airways was doing in relationship with their airline
counterparts. It also explains how an airline going through
bad financial times can have a massive trickle down effect
to its customers. It makes a reader want to inquire further
to see if conditions have changed in a year’s time.
The Atlanta Journal-Constitution
“Insurance Injustice - When Credit Matters”
by Carrie Teegardin and Ann Hardie
This entry not only told a story but should make every business
editor in this country take notice and say - “Is this
happening in my town?” These two reporters questioned
something we take for granted and probably never question
in life. It is modern day red lining at its best. This is
truly a buyer beware story with excellent historical documentation
and statistical material to back up their story. I would
have liked to see more anecdotes. And being able to see
the photos would have been a plus.
Large Newspaper Category
The Oregonian (Portland,
Ore.)
“Millions for rural health miss mark” by
Joe Rojas-Burke
This is terrific enterprise work. The Oregonian’s
well-told tale shows how affluent doctors are getting millions
in state funds that were meant to help small-town doctors
pay their malpractice premiums. To make this tale even richer,
the reporter’s search of real estate records showed
how one plastic surgeon receiving the state subsidy lives
in an 11,000-square-foot, 11-bedroom house.
The Denver Post
“The Gospel of Prosperity” by Eric Gorksi
This takes readers inside the empire of Heritage Christian
Center, a church where welcoming sinners has created a lavish
lifestyle for Bishop Dennis Leonard. The reporting is exhaustive,
revealing conflicts such as sweetheart deals that diverted
funds from low-income housing projects to the Bishop’s
family. It’s a fascinating portrait of how mega-churches
work as mega-businesses. And it’s written without
hype, allowing the readers to draw their own conclusions.
Medium Newspaper
Category
The Charlotte Observer
“Suspicious Timing” by Binyamin Appelbaum
Figuring out whether any local companies backdated stock
options is a daunting task, requiring exhaustive research
through hundreds of documents. The Observer was up to the
challenge, and actually identified a company that was soon
forced to admit it had a problem. It was enterprise work
at its finest.
Austin American-Statesman
“Pension fund scheme” by Robert Elder
Tax schemes aren’t just for Wall Street high rollers.
Sometimes a local pension plan gets into the act. Austin
wasn’t afraid to wrestle with a complex topic and
demonstrate that a local firefighter’s pension was
ensnared in shady doings.
The Virginian-Pilot (Norfolk,
Va.)
“Life after Ford” by Jeremiah McWilliams
Hazelwood, Missouri learned a few years ago that its Ford
assembly plant would be shut down, and Norfolk got the same
message in early 2006. So The Virginian-Pilot’s Jeremiah
McWilliams went to Hazelwood to see how its experiences
could instruct Norfolk. In a deeply-reported story, he laid
out the anguish that comes with a closing. But he also found
workers who had used the shutdown to favorably remake their
lives.
Small Newspaper Category
The Gazette
“Money Enthusiast Group Has Troubles With - Money”
by Debbie Kelley
Kelley’s story had irresistible irony: The American
Numismatic Association, the main American coin-collecting
body, was excelling at losing money. Kelley delved into
turmoil at the ANA, one of only two federally chartered
nonprofits in the U.S. She dug up tax documents and talked
with former employees to tell a story of mismanagement,
including the executive director’s campaign to secure
loyalty oaths from employees, at the 115-year old group.
Her piece was a colorful and enjoyable read.
Arizona Daily Star
“Squeezing Border Business” by Brady McCombs
The first in a sweeping series, McComb’s story dove
into the searing national debate over illegal immigration.
The story lucidly explained that the costs of attempting
to seal the border would be vast, including billions for
extra fencing, surveillance equipment and extra border guards.
It explored cost overruns of past, more modest efforts.
And the piece examined how vulnerable American businesses
could be if the border were sealed. The story took on a
difficult and emotional subject and brought it into the
realm of dollars, cents, and sense.
Lexington Herald-Leader
“Inklings of Change” by Scott Sloan
As the newspaper industry faces declining readership, falling
advertising and shareholder revolts, many local newspapers
are in for hard times. Sloan’s story made sense of
the larger trends and brought them home to local readers
of his newspaper, the Lexington-Herald Leader, a jewel in
the crown of the then-independent Knight-Ridder. The effects
of years of pressure? The paper was smaller. It could no
longer staff some bureaus. The travel budget had been tightened.
Sloan’s piece boldly scrutinized a subject most newspapers
avoid: Themselves.
Business Weekly Category
Indianapolis Business Journal
“The Ties that Blind?” by Matthew Kish
This was a fine piece of investigative financial journalism
about how a local company called Marsh Supermarkets was
running into difficulty because of conflicts of interests
on the board level. While problems were being blamed on
the great boogey man, Wal-Mart, in this case it just wasn’t
so.
Crain’s Chicago Business
“Long hours at the nuke plants” by Steve
Daniels
Crain’s senior reporter Steve Daniels dug deeply into
the causes of a string of accidents at Illinois nuclear
plants and came up with the behind the scenes story. One
of the reasons for the mishaps: the operator had been cutting
costs, including those for maintenance. Solid work for a
worthy cause.
Financial Week
“Inside Google” by Matthew Quinn
We probably thought we had heard it all about the overly-successful
Internet search engine. But this story sheds new light on
the complications that financial success can bring. And
while Google can probably handle the threat of being declared
a mutual fund because of its $10 billiion in case this tale
is still well worth telling.
Real-Time Category
Bloomberg News
“MBIA Debt Backed by Crack Houses Perpetuates
Blight” by Christine Richard
This story got results. When the city of Pittsburgh found
out through Christine Richard’s article that MBIA,
the nation’s largest bond insurer, held tax liens
on thousands of abandoned properties it moved to correct
the problem.
Dow Jones News Service
“IN THE MONEY: Wrigley Bulks Up Takeover Defenses”
by Steven D. Jones
This piece explained the complicated story of special shares
and special interests. The writer, Steven D. Jones, handled
the in and outs of Wrigley’s special stock arrangements
with ease.
Bankrate, Inc.
“Suspicious Activity Reports” by Laura Bruce
Journalists love catching the government being overly aggressive
in monitoring its citizens. And that’s what Bankrate
reporter Laura Bruce discovered in this piece about post-Sept.
11 activities.
News
Contest
Project Winners
Giant Newspaper Category
Wall Street Journal
“Perfect Payday” by Charles Forelle, James Bandler,
Mark Maremont, and Steve Stecklow
First-class watchdog journalism. This work shows why it
takes more than a few bloggers to police the corporate world.
In this case, reporters employed highly refined investigative
skills to unravel a complex story, one that is important
to anyone who owns a share of stock.
New York Times
“Leaky Oil Royalties” by Edmund L. Andrews
Kudos for taking a big story of the day and slicing off
a piece others didn’t think to explore. In the end,
readers were able to learn in very clear fashion that mismanagement
of oil and gas royalty programs has been costing their government
millions. It doesn’t get much better than that.
Chicago Tribune
“Throwaway Workers” by Stephen Franklin
and Darnell Little
You have to love how this story is told so directly and
firmly. It clearly hammers home a story about illegal immigrant
workers that people need to read. Many newspapers have written
about these workers, but few have told the story of how
they are often used up and thrown away, with none of the
protections U.S. workers normally receive.
Large Newspaper Category
The Denver Post
“Foreclosing on the American Dream” by David
Olinger, Greg Griffin, Aldo Svaldi and Jeffrey Roberts
The Denver Post, for its prescient and well-written series
describing the disruptive rise of mortgage failures in Colorado,
compromising the dream of home ownership.
The Sacramento Bee
“The Price of Access” by Sam Stanton and
Marjie Lundstrom
The Sacramento Bee, for its careful and disturbing look
at a small number of lawyers in California who specialize
in bringing questionable or completely meritless lawsuits
under the Americans with Disabilities Act.
The Kansas City Star
“It’s hot fuel for you, cold cash for big
oil” by Steve Everly
The Kansas City Star, for a surprising expose on how the
oil industry has reaped many millions in undeserved profits
while shortchanging American motorists at the gas pump with
the widespread use of “hot gas.”
Medium Newspaper
Category
Tampa Tribune
“A Rapid Rise” by Shannon Behnken
This series was an original, well-researched take on the
housing boom, about a great central character who was just
too good at selling houses for very high prices. It captured
the broader impact that this agent’s sales - in particular,
the high market values - had on the neighborhoods where
they occurred. It also brought to light some of the problems
investors could have in trying to cash in on Florida’s
hot housing market. The topic prompted reaction and action,
with agency investigations and suspicious property sales
being discovered across the state of Florida.
The Seattle Times
“China: Customer and Competitor” by Kristi
Heim and Alwyn Scott
This project offered a beautifully written, compelling look
at this complex country halfway around the world. The cataloguing
of rampant piracy - its drawbacks, benefits and universal,
intractable presence - was presented in a way that illustrated
the complexity of the issues. And the portrait of Susie
Cheng’s life was an excellent humanization of the
booming Chinese economy. Traveling to her rural village
and explaining how she worked her way up to her managerial
position showed readers what life is like in red-hot China.
The Charlotte Observer
“Hiding in Plain Sight” by Stella M. Hopkins,
Mitch Weiss, Binyamin Appelbaum, Rick Rothacker, Franco
Ordonez, Liz Chandler, Tim Funk and Peter St. Onge
This project offered fresh angles on a story that has gotten
a large amount of publicity in the past year. The reporters
came up with stories of real relevance, such as payment
of illegal immigrants using tax dollars and eligibility
for workers-compensation, and paid tribute to the national
scope of the issue. In particular, the article about the
Washington farmer and the Oaxaca immigrant who used his
Social Security number humanized the issue of how to absorb
immigrants into U.S. society.
Small Newspaper Category
Sun Journal
“Seeing Green” by Carol Ann Coultas
Ambitious, relevant and tough assessment of the critical
local paper industry, relating how South America stole the
competitive momentum, and what Maine has to do to recover
- if it’s not too late. Demonstrated a major investment
in resources and staff time, ingenuity in securing a grant
to help with financing, substantial research and dedication,
spiced by lively personal impressions of the journalists’
trip to South America. A lot of bigs: idea, research, effort
and service to the community.
The Herald
“Our Fading Fleet” by Michael J. Benbow
Effectively, at times emotionally, weaves historical vignettes
describing how an industry built a community and helped,
as the writers put it, “feed the world with the bounty
of the Puget Sound.” Very difficult to put down the
dramatic stories of the fishermen, their families and their
hard lives - and deaths - at sea. Where a day’s catch
once paid for a house, today’s sad reality is exemplified
by five fishermen splitting a “bounty” of only
$79 for a long day of backbreaking work. Facts, perspective,
people, clearly presented through well-chosen words, old
photos and fresh graphics.
The Herald
“Worldwide Assembly Line” by Bryan Corliss
Globalization is dramatically presented through the cockpit
of a major new Boeing aircraft. What at first looks like
a triumph for U.S. industry really isn’t totally so,
which the writers prove by stripping back the skin of this
new plane; rather, it is a hybrid triumph, with a number
of nations getting some of the economic action. Very good
detail, in words and graphics, on an economic shift of critical
importance to the U.S. economy - and the economy of the
paper’s area. Penetrates well beneath the issue’s
veneer.
Business Weekly Category
Puget Sound Business
Journal
“Bold Flight: Creating the Boeing 787” by
Steve Wilhem
Superior storytelling enabled by excellent sourcing. Wilhelm
has obviously built trust with multiple sources inside the
company. The result is one delicious anecdote after another,
telling details that put readers in the room as decisions
are being made and a narrative that keeps moving. This is
a story you can’t put down until the very end. Should
be required reading for anyone who covers a company.
Crain’s Chicago Business
“Doing Business in China: Enter the Dragon”
by Thomas Mucha, Mark Scheffler, Erik Unger and Melissa
Phee
Compelling. Well-written. Witty. This package from Crain’s
had it all. This was a substantial commitment by a weekly
and it paid off for readers. The team brought skepticism
to its reporting; explored the relationship between U.S.
business and the Chinese government and offered anecdotes
that brought the business dealings to life (now we know
why Hyatt is branded Yue). Stunning visuals.
The South Florida Biz Journal
“Water Woes” by Susan Stabley
The implications of South Florida’s water problems
are huge and this entry does a superb job of: explaining
how things got this way, what it will take to make things
better and the price that the area will pay if it doesn’t
get fixed. The writing is on target, mixing data, history
and anecdote to good effect. The ledes in particular are
smart and compelling. Good use of documentation - as in
finding the SEC filing that showed a developer’s financial
incentive to get a buffer zone modified to allow a project
to go forward.
Real-Time Media Category
Bloomberg News
“Slaves in Amazon Forced to Make Materials Used
in GM, Toyota Cars” by Michael Smith and David Voreacos
This entry is in a class by itself. The reporters combined
extensive reporting and documentation to show how the products
of slave labor in South America are bought and turned into
cars, appliances and windows in the U.S. The story telling
is as exquisite as the scenes are atrocious. If anyone says
business journalism is boring, show them these stories.
If anyone says journalism can’t make a difference,
show these stories.
Bloomberg News
“Duping Main Street” by Martin Z. Braun, David
Dietz, William Selway, Christine Richard and Darrell Preston
These reporters uncover a national scandal that is as local
as it gets - the municipal bond. These stories build on
Bloomberg’s earlier work on how banks profit through
municipal bond deals. The reporting is thorough, the territory
covered wide. These are business stories that any taxpayer
will find compelling.
Dow Jones News Service
“Mortgage Finance” by Lingling Wei
Most papers are writing this story now. Dow Jones got ahead
of it. This is an important story that papers will follow
for years to come. The reporter’s knowledge of the
industry shines through while her writing makes the report
accessible to all. She simply and succinctly explains the
subprime meltdown, and then goes beyond the officials and
consumer advocates to find the people hurt by the numbers
game being played by the subprime industry. Multiple angles
are explored that take this entry beyond explanatory journalism.
News
Contest
Column Winners
Giant Newspaper Category
The Boston Globe
Steve Bailey
Possessing the brain of a business columnist and the heart
of a metro columnist, Steve Bailey is a double threat. He
cares for his town and can write about outsized characters
and perform columnist theater with the best. But he also
gets the numbers, which often reveal truths beyond the ken
of metro scribes. Bailey shamed Gov. Mitt Romney’s
passiveness on job growth by traveling to Fairhaven, Mass.,
where the governor had ignored 185 at-risk AT&T jobs.
Great piece on concessionaire Aramark’s decision to
start fingerprinting its low-paid, overworked Fenway workers.
And he surprised the Middlesex Retirement System fat cats
by showing up at their own Florida junket, scaring them
into paying their own way.
The New York Times
Gretchen Morgenson
Morgenson writes with confidence, wit and indignation, a
combination that is particularly potent when she backs up
her allegations with the solid facts. She manages to present
a numbers-driven analysis in a thoughtful and readable way.
Nowhere is that more evident than when she takes on the
issue of corporate pay. In one column, she detailed the
myriad of ways that United Airlines executives were lining
their pockets as they emerged from bankruptcy. In another,
she took the Business Roundtable to task for a glowing report
portraying executive pay as reasonable while ignoring add-ons
such as dividends paid on restricted stock.
Wall Street Journal
Alan Murray
Alan Murray can make national news with his chronicles of
intrigue in the Hewlett-Packard boardroom, or softly engage
with his analysis of how two CEOs are “the Cain and
Able of the corporate world.” You can’t beat
a combination of hard-news impact and style.
Large Newspaper Category
The Denver Post
Al Lewis
These were compelling columns, well-written and conceived.
Each provided either an unusual take on an on-going news
story (his “tour” of Kozlowski’s billionaire
log cabin) or truly compelling news break of his own making
(Qwest employees’ decision to end their lives ahead
of the expiration of their retiree life insurance). By the
end, I was eagerly anticipating the next column to see what
else awaited me.
Fort Worth Star-Telegram
Mitchell Schnurman
These are exceptionally well-reported columns,
rich with sources, detail and analysis. They’re also
well-written, relevant and significant.
Plain Dealer
Sheryl Harris
These columns stood out as being particularly original and
useful, from her Hispanics issues column to her shocking
take on telephone bad debt abusers. These columns took some
well-plowed ground and seeded it effectively and, at times,
dramatically.
Medium Newspaper
Category
The Seattle Times
Brier Dudley
In technology savvy Seattle, tech columnist Brier Dudley
likely could find an audience merely by pitching his copy
at the geek-erati. Instead, his pieces hit home with the
average reader, but without condescending, i.e. likening
what the internet could do to the newspaper business to
“watching the Incas greet the Spanish conquistadors
in 1528.” Solid work.
Des Moines Register
David Elbert
It’s hard to find a buried lede or a hedged opinion
in an Elbert column. Last rites for Iowa’s quixotic
rain forest project were said and done by Elbert’s
second line, and you were delighted to read on to get details.
His contrarian piece on the failure of big state incentives
to save jobs at a Maytag plant began this way: “Government
can’t do everything, and there are times when it should
do nothing. This week we saw a bad example of government
trying to do too much. Fortunately, it failed.” Elbert’s
columns are also well reported, as demonstrated by his Kafkaesque
tale of Pella flack who lost her job when a lying co-worker
told stories to superiors.
San Antonio Express-News
David Hendricks
One true measure of a columnist is picking topics keen to
one’s local economy. Hendrick’s was driven and
focused on that benchmark in San Antonio. His columns tuned
into such issues as corporate reticence over the immigration
hot-button and the troubled North American Development Bank
in San Antonio. He was particularly aggressive urging federal
help for the development bank, delineating border projects
that could be lost if the bank was forced to close. In a
third column, Hendricks weighed in on the Shakespearean-like
Enron debacle with some harsh criticism of an unrepentant
Ken lay who died in Aspen’s “playground of the
rich, as a ruined, bitter and disillusioned man.”
Small Newspaper Category
Tacoma News Tribune
Dan Voelpel
A unique and original perspective on companies and issues
that are important to his local community. These are quite
unique stores, each told in a compelling fashion and attention
to detail and color, but each with an important business
point as well.
The Patriot Ledger
Jon Chesto
Interesting takes on important local issues. From cell service
the Big Dig to the revival of HoJos (originally a Quincy
invention), to a successor to Tower Records, he has chosen
quirky issues that have an interesting perspective.
Ledger-Enquirer
Susan Miller
These quirkily, personal columns each tell small businesses
(and executives of larger companies as well) some interesting
lessons about how to succeed at all levels.
Business Weekly Category
Crain’s New York Business
Alair Townsend
Alair Townsend skewers the excesses of state and city government,
and drills into complex subjects like city budgeting and
mandatory health insurance. As a publisher and former city
official, she also brings a rare perspective. She criticized
a Hewlett-Packard director for “dribbling out his
gripes to the press. All the furor that followed was because
of this fact. It was the original sin.” Agree or disagree,
her crisp, tart tone reminds us of the late Molly Ivins
- if Ivins were reborn as a conservative, pro-business New
Yorker.
Indianapolis Business Journal
“There Ought to Be a Law” by Ron Gifford
Ron Gifford isn’t a journalist, and he doesn’t
pretend to be one. “My name is Ron G.,” he wrote
in the Indianapolis Business Journal. “And I’m
a registered lobbyist.” With insight and flair, Gifford
used his column to bring readers inside Indiana politics,
from jury selection to the class-action business. Most trenchantly,
he warned readers to take concerns about electronic voting
seriously. What’s the acronym for the new Help America
Vote Act? “HAVA - as in ‘HAVA lot of fun trying
to figure out how to spend billions of dollars on voting
machines that don’t work and raise suspicions about
stolen elections.”
Real-Time Media Category
Bloomberg News
“What the Money Culture Breeds” by Michael
Lewis
Michael Lewis’ work makes you laugh out loud, and
it makes you think. In one column, he took readers inside
the financial markets and inside one of the biggest stories
of the early 21st century: the enormous fortunes being made
by people who were already doing very well. “One of
the miracles of Wall Street,” he wrote, “is
its ability to create a class system without class resentment.”
At Barnes & Noble these days, Lewis may pass for an
extremely successful sportswriter, but his column betrays
his roots, and business readers are thankful for it.
Dow Jones Newswires
“In the Money” by Michael Rapoport
Michael Rapoport has a rare talent for finding the financial
details that make a big difference. With Blockbusters and
Netflix, it was the separate ways they accounted for DVDs.
With Google, it was the tax bite that was less taxing than
advertised. In the Alcatel-Lucent merger, he showed how
Alcatel was worth twice as much. One fact that elevated
Michael’s work in the eyes of the judges: They covered
some of the same stories themselves, and they still learned
a lot from him.
MarketWatch
David Callaway
David Callaway brings an urgency to real-time column-writing
that sets his work apart. Hours after Ken Lay’s unexpected
death, he wrote about the scorned businessman with insight,
perspective and compassion. David’s ambition alone
vaults him to the top of the class. He also gets bonus points
for sticking to the right length for a column. And when
he defended the leakers in the Hewlett-Packard spy scandal,
his passion was contagious. “I could work for this
guy,” said one judge.
Overall
Excellence
Section Contest Winners
Giant Newspaper Category
The New York Times
For an exceptionally well reported and smartly written section
with an unparalleled variety of stories, analysis, and commentary
on finance, economics, and business. The Times effectively
uses its vast resources to give readers in-depth coverage
of Wall Street and corporate deal making as well as a true
global perspective on business.
The Star-Ledger (Newark, N.J.)
For a sharply written and edited section with a highly appealing
balance of local and national news and personal finance
information. A potential business-school case study on what
one can do with limited resources, this section consistently
produced top-rate enterprise reporting, reader service and
infographics.
USA Today
For a consistently interesting and informative business
section that used straight-forward no-nonsense writing,
innovative graphics and a smart-looking presentation to
provide a quality experience for the reader.
Certificates of Merit
Houston Chronicle
For blanket spot, sidebar and column coverage of the trials
of Enron executives Ken Lay and Jeff Skilling, a hometale
tale that was also one of the country’s most important
business stories in 2006.
The Arizona Republic
For consistently strong coverage of local business and the
local economy.
Large Newspaper Category
Fort Worth Star-Telegram
For its excellent enterprise reporting, as shown by the
paper’s investigation into Radio Shack’s CEO
and a series of stories about a complicated regulatory issue,
the Wright Amendment. These are just two examples of the
paper’s smart, explanatory news coverage as well as
engaging, narrative storytelling. This is a business section
that understands how to make local company stories come
alive for average readers, and distill complex issues down
to news consumers can use. These sections also make clear
that the paper’s reporters reflexively ask hard questions
of the companies they cover (e.g. the Alcon story) and that
they have a deep reserve of inside sources/contacts.
Milwaukee Journal Sentinel
For its ability to tell compelling, local business stories
that have broader, national implications (wine and spirits
coverage) as well as its general coverage that hits on all
levels of the business community. A profile of Tower Automotive
does a nice job of mirroring larger factory layoff trends,
while the Superior refinery piece paints a vivid picture
of the tough tradeoffs businesses face today. The Black
Gold feature is a powerful example of how a regional paper
can find, and skillfully tell, a local story as it relates
to a much bigger international theme. Well-researched art
and story summaries further elevate the section.
San Jose Mercury News
For outstanding business coverage that looks both ahead
and back (Apple), giving readers deep insights into the
tech-heavy market in which they live. Sophisticated writing,
graphics and packages make the paper sing verbally and visually.
The coverage, notably, is far from limited in its tone.
The paper proves how cultural trends, consumer behavior
- as well as changing job markets and human folly (HP leaks)
- are all topics that can shine brilliantly through a business
prism. The number of entries with starts on A1 is impressive,
and demonstrates all of the above.
Medium Newspaper
Category
Des Moines Register
We chose this paper because of its clear dedication to serving
its audience: Farm Belt readers, with most stories targeted
to such topics as agriculture, crop prices and energy. The
writing was solid, the layout generally clean, and the reporting
focused and highly localized. Such columns as the “Washington
Farm Report” showed that this business section knows
its audience and its needs. The business staff also regularly
produced solid A-1 offerings, including an attention-grabbing
A-1 feature on a “virtual businessman,” operating
from Iowa.
Detroit News
This paper had a great deal of breaking news and analysis
on last year’s developments in the auto industry,
which led to very strong local section fronts and A-1 packages,
both on mandatory dates as well as those their editors selected.
While the paper had a built-in advantage because of auto
industry turmoil, they made very good use of the opportunity
with smart reporting, photography and graphics. The writing
had an authoritative voice on developments, and they went
beyond these to offer useful Personal Finance advice for
those considering whether to take buyout packages, for instance,
and on the overall economic effects that the auto industry
changes would likely produce. The business fronts also used
headlines boldly and weren’t afraid to “grade”
the importance of news for readers.
Hartford Courant
We chose this paper in part because of their smart, comprehensive
coverage of the insurance, aerospace and defense industries
in their region, both in the Business section and on A-1.
The paper “owned” the Allstate story, a story
breaking in their backyard. The Business section layouts
were clean, graphics often compelling, solid writing and
we saw good evidence of project reporting. And the section
kept a business-trained eye on the statehouse and Congress,
as evidenced by a smart Business front story written just
after the November election by the paper’s Washington
bureau chief on the interesting role Connecticut’s
Chris Dodd will play as chairman of the Senate Banking Committee
as he tries to still win backing from the state’s
insurance and banking interests as he considers a run for
the White House.
The Seattle Times
This paper did it all: Covered the region’s technology,
aerospace and other industries comprehensively and with
creativity in the Business section and on A-1, made good
use of graphics, photo and layout, provided useful Personal
Finance and Personal Technology coverage and had some A-1
enterprise work as well. The layouts were clean and crisp
and the writing was clear and decisive. The Business staff
also did a good job of covering the potential implications
of geopolitical and global economic events - particularly
in China and the Far East - on Seattle’s businesses
and economy. One judge put it well: “The paper used
graphics to augment its reporting, lift-out quotes and other
devices that really gave the readers a lot of information
in a way that wasn’t overwhelming.”
South Florida SunSentinel
This paper impressed the judges by its coverage of two national
issues in a highly localized way that brought home the importance
of the story to readers. The first issue was the housing
bust. Through stories on the section front, the paper’s
Monday business section and on A-1, the paper covered the
effects of the slump through real stories and by the numbers,
but also were ahead of the curve on discussing the potential
implications for the overall economy. The second national
story the paper effectively localized was white-collar crime,
which it covered from a consumer perspective in its Monday
section, and then through a twice-monthly column on the
subject. The paper’s section fronts were generally
attractively designed, made good use of photos and graphics,
and were highly local.
Certificates of Merit
Salt Lake Tribune
For its Feb. 16 A-1 story on Questar subpoenas going out
to customers and shareholders who criticized the company
over high heating bills. The lede said it all: “If
you’re a concerned Questar Gas customer or shareholder,
don’t be surprised if late one night a sheriff shows
up on your porch, hammering on the door with one fist and
gripping a subpoena from the company in the other.”
St. Paul Pioneer Press
For its April 14 revealing and forward-thinking centerpiece
story (and continuing coverage of) of what will likely happen
to 1,900 workers and the local economy when the Ford assembly
plant in St. Paul closes in two years.
The Tennessean
For its comprehensive and spirited coverage (taking up the
top half of A-1 and four pages inside) on July 25 of HCA
going private. The paper looked at the key players, including
the family of then Senate Majority Leader Bill Frist; the
effects on shareholders, workers and patients, and the larger
implications for the industry and the local economy.
Small Newspaper Category
Florida Today (Melbourne, Fla.)
The depth and breadth of business coverage published throughout
the newspaper demonstrated a clear commitment to financial
journalism that exceeded all other entries. The story selection
showed a clear understanding of their audience and an effort
to tailor the news to their readership. The public service
quality of many reports stood out, in particular the report
on 9-11 loans that ended up going to many companies with
no clear impact from the terrorist attacks and the series
on hurricane insurance costs. The diverse and abundant coverage
was enhanced with presentation that was newsy yet appealing.
The design of pages and story packages offered a good balance
of graphics and photos that helped create a lively and inviting
reader experience. From comprehensive analysis pieces to
daily fare on the housing market, development and consumer
issues, the Florida Today team somehow managed to deliver
more local news than you’d expect from a paper their
size.
Roanoke Times (Roanoke, Va.)
The reporters and editors of the Roanoke Times take an ambitious
approach to reporting and writing that goes well beyond
the press releases and takes a deeper look at the issues
and news from their business community. Writing is clearly
their strength. The compelling details stood out in their
coverage of the use of restraints in nursing homes and the
storytelling in the Burned Alive package captured the suffering
behind a work-related accident without sensationalizing
the case. The Roanoke Times business team clearly makes
a consistent effort to humanize business news and make it
relevant to everyday readers.
The Press Democrat (Santa Rosa,
Calif.)
This business section delivers an intelligent mix of national
and local stories, so that readers don’t need to go
anywhere else to know what’s happening in the business
world. Yet they are clearly in tune with the interests of
their local readership. Their section covers and overall
design complement their solid news judgment by offering
a clean and attractive presentation. The details and supporting
information is readily available and accessible and the
packages have an appropriate balance of images and stories.
And they demonstrated an instinct for originality that gives
readers a reason to turn to their pages for national news
- such as the archive photo presentation of Bill Gates to
remind readers of the “kid” behind the empire.
Certificate of Merit
Post and Courier (Charleston, S.C.)
The Post and Courier team delivered two standout entries
that deserve recognition. Their coverage of the expansion
of the Panama Canal did an outstanding job of explaining
the local relevance of an international issue. And the storytelling
that went into the train tragedy transition piece delivers
a powerful narrative that is on par with some of the best
writers in the country.
Business Weekly Category
Advertising Age
This splashy weekly is fun to read, full of color, graphics
and crisp writing. Advertising age offers an entertaining
blend of must-read insider stories with topical industry
news about advertising winners and losers and what it will
cost to advertise on NBC during the 2008 Summer Olympics.
“Unruly Julie and the scandal that rocked the ad world”
dissected in detail the rise and fall of Julie Roehm, Wal-Mart’s
unlikely marketing chief whose firing was first disclosed
in Ad Age.
Baltimore Business Journal
This journal appealed not only to CEOs but also to average
Joes. Its series, “Higher wages, higher risks,”
astutely looked at the risks and rewards that illegal immigrants
face as they work in manual labor jobs in the United States
at an increasing rate. Another piece, “Riding the
rails,” wove together personal stories of commuters
who have eschewed cars for public transportation. The journal
has a bright and breezy page 2 (Girl Scout cookie sales
down; video rentals up with the onset of winter) and useful
standing features. Crisp headlines and a clean design make
it visually appealing, too.
Crain’s Chicago Business
This journal was very polished and readable. It had a solid
grasp on key industries and companies in Chicago and paid
particular attention to those in flux, like United Airlines
and Tribune Co. Particularly noteworthy was its focus on
corporate giving, “Too many mouths to feed?”
which looked at recent drops in charitable giving in Illinois.
Other good work included its in-depth examination of doing
business in China, a piece about Target’s expansion
in Chicago, and a story on the battle between Crate &
Barrel and a company created by the son of its founder.
Its design was clever with strong graphics and good headlines.
Louisville Business First
It’s tough to keep a business weekly in a small market
fresh and interesting, but Louisville Business First rises
to the challenge. Its ambitious, three-part series on the
inner workings of UPS, Louisville’s largest employer,
is one example of enterprising, well-written and edited
stories that consistently appear in Business First. The
journal’s design is clean, centerpieces are strong,
and inside features, such as “What’s in Store”
and “BizTrends” are entertaining and colorful.
A story on minority entrepreneurs and a special section
on business women in Louisville show a commitment to reporting
on diversity in the local business community.
Certificates of Merit
Boston Business Journal
This weekly offers a good mix of news and features highlighting
the key economic drivers of Boston: higher education, health
care, high-tech and real estate. The writing is a cut above
many other business journals, but what distinguishes the
Boston Business Journal most is an intentional focus on
women, minority and young businesspeople. One front page
featured two stories about women - one an up-and-coming
Hispanic banker, the other a failed dot.com CEO.
Puget Sound Business Journal
This weekly consistently published enterprising stories.
Its “Bold Flight” series took a thoughtful look
at the creation of Boeing’s 787 jetliner. Its technology
startups special section used clever “Light bulb moments”
to spotlight interesting innovations in easy-to-read nuggets.
The journal also did a good job covering real estate and
the University of Washington as a business.
Street and Smith’s Sports
Business Journal
This journal dissects the sports business, examining the
far-flung and competing commitments of NASCAR drivers and
whether NFL games could resuscitate NBC’s ratings.
This glitzy publication has an elegant cover with an appealing
index, but it was sometimes a little busy inside. And it
had a good plan for reader interaction, even devoting an
issue to reader favorites (game analyst, sport-themed movie)
and least favorites (Tampa Bay Devil Rays uniforms, for
example). It was perhaps more fun than insightful, but it
let the readers know they mattered.
Posted April 4, 2007