Wire Services/Media Companies

A not-so-funny thing happened on the way to the recovery this week: The U.S. Department of Labor reported on Thursday that initial claims for unemployment benefits jumped "unexpectedly" by 36,000 to 482,000, when analysts had predicted a slight drop. What's more, it turns out that data reported in previous weeks was understated because of "administrative issues" relating to paperwork processing…

Last week, in his "analysis" of Barack Obama's proposed "bank responsibility fee," the Associated Press's Jim Kuhnhenn got one important thing right and two others very wrong.The part he got right was describing the proposed fee as a "tax." The first thing he got wrong was identifying the proposed move as a legitimate form of "populism." The second is his claim that the idea is "straight out of '…

Today, Roger Alford and Bruce Schreiner of the Associated Press, reporting from Frankfort, KY, are giving leftist bloggers, columnists, journalists who assumed or gave the impression of assuming that the death of Census worker Bill Sparkman was some kind of right-wing hit job another chance to come clean with an unconditional "I was wrong, I amy sorry." The list of those needing to post…

Okay, who administered the truth serum to the Associated Press's Martin Crutsinger? And will the person who did this kindly inform us when it will wear off? On Thursday, for the second day in a row following a mostly fact-based report the previous day on Uncle Sam's horrid fiscal situation, Crutsinger ran down a troubling economic report. This time it was December's disappointing retail sales…

By and large, most journalists don't criticize each other. It's probably a mixture of professional courtesy and ideological agreement (as the media's incessant criticisms of the Fox News Channel show). Still, as much as we like such media self-scrutiny, it is probably best if the publications doing it try to make sure that they aren't engaging in the behaviors for which they criticize others.For…

Executives from Government/General Motors and Chrysler are at the North American International Auto Show in Detroit vaguely holding forth on the prospect of reopening previously shuttered production facilities. Uh, don't sales have to start heading seriously upward before that happens? Apparently the Associated Press's Tom Krisher, who has his hands in separate stories on the two companies, and…

Four recent stories out of Venezuela each give readers brief glimpses at how Hugo Chavez's brand of authoritarian socialism is critically wounding what could be a resource-rich, financially prosperous country: January 9, Associated Press -- "Venezuela weakens currency for 1st time in 5 years." January 10, Bloomberg -- "Chavez Says He’ll Seize Businesses That Raise Prices." December 22, AFP…

The Associated Press's Tom Raum had to work really, really hard to come up with a sunny way to present today's jobs report and the President's reaction to it, which consisted of awarding $2.3 billion in "New Clean Energy Manufacturing Tax Credits." Here's what he concocted: The weak employment report gave Obama the chance to change the subject from terrorism, where he continues to get hammered…

Toyota and Ford are on the verge of catching Government/General Motors in monthly U.S. vehicle sales. Based on the sales trends at the three companies, GM may lose its domestic kingpin status in just a few months. I heard the December facts giving rise to the aforementioned tidbit on the radio Monday afternoon, and wondered whether the commentator came up with them on his own or if early wire…

In a report time-stamped January 2, the Associated Press's Philip Elliott relayed what was supposedly important news: Obama cites apparent al-Qaida link in bomb plot An al-Qaida affiliate in Yemen apparently ordered the Christmas Day plot against a U.S. airliner, training and arming the 23-year-old Nigerian man accused in the failed bombing, President Barack Obama said Saturday. You don't say?…

The Obama administration's Home Affordable Modification Program (known as "HAMP" to lenders and services, and MHA, or "Making Home Affordable" to the general public) is "failing." I only learned this because I looked at the Associated Press's feeds on Christmas evening and saw this headline -- "No consequences for lying borrowers." In an item time-stamped December 25, AP national business…

UPDATE, Jan. 1, 2010: This post at BizzyBlog shows that the there was recognition of likely Al Qaeda involvement in two separate press reports based on sources in a position to know on Christmas evening. Thus, the administration's delay in acknowledging that reality was actually three full days.In their initial December 26 report ("Passengers’ Quick Action Halted Attack") on the attempted…

Numerous police visits to his home, reported gunshots and screaming, attempted burglaries, loud arguments, reported assaults, whispers about having sex with young men.  North Carolina state senator R.C. Soles certainly leads an interesting life.  Soles is the Democratic caucus chairman in the Senate, but you wouldn't know that by reading today's dispatch from the Associated Press.  "No re-…

The Associated Press's business writers and many others in the establishment press spent just over a year reminding readers at seemingly every conceivable opportunity that the recession began in December 2007, simply because the supposedly apolitical collection of academics at the National Bureau for Economic Research said so. Lo and behold, in her year-end roundup of 2009's top business stories…