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Monday, March 30, 2009

Media Matters Daily Summary




Media Matters for America
Here are today's news items from Media Matters for America, click on the title or 'read more' to read the entirety of each story.
Fox News' Henneberg falsely claimed "[r]econciliation was last used in 2001"
Molly Henneberg falsely claimed, "Reconciliation was last used in 2001 by Republicans to pass the first Bush tax cuts." In fact, Republicans used the budget reconciliation process to pass several Bush initiatives after 2001, and it was used as recently as 2007. Read More
Question for Bill Shine: Is Fox News "the voice of opposition" or "not ideological"?
According to The Washington Post's Howard Kurtz, "Fox executives maintain that the channel's reporting is ... not ideological," and "Senior Vice President Bill Shine says that 'our reporters, people like Major Garrett, have been asking tougher questions' than their rivals." But Fox News has said that it is going further with the Obama administration than merely "asking tougher questions" than their rivals; Shine has recently characterized the network as "the voice of opposition on some issues." Read More
Fox Business' Varney mischaracterizes Wagoner's departure
On America's Newsroom, Stuart Varney asserted that Rick Wagoner's departure is "the first time in modern history that the government has fired the chief executive of a private corporation." In fact, the government did not "fire[]" Wagoner, but made his departure a condition of further government aid for the company. Read More
USA Today uncritically reported GOP charge that stimulus advocates supported "provision that allowed the [AIG] bonuses to be paid"
Reporting on a New York special congressional election, USA Today uncritically cited a claim by Republican candidate James Tedisco that Democratic candidate Scott Murphy, by supporting the stimulus bill, supported "a provision that allowed the [AIG] bonuses to be paid." In fact, the AIG bonuses would have been paid even without the stimulus bill, which restricts the bonuses AIG and other companies receiving aid can award in the future. Read More
Hannity falsely claimed NI director plans to "release ... enemy combatants on American soil"
Sean Hannity falsely claimed DNI Dennis Blair plans to "release ... enemy combatants on American soil." In fact, Blair has outlined a "process" to determine whether and how to release detainees who are not "too dangerous to let out" and have not "committed offenses that merit punishment." Read More
Fox News invokes Canadian health care bogeyman in talking about Richardson's death
In talking about Natasha Richardson's death, Betsy McCaughey and Martha MacCallum misrepresented a health-care provision in the recovery act and baselessly suggested the United States might be headed "down the same path" as Canada with regard to health care. Read More
Media promote claims of global cooling despite overwhelming consensus to the contrary
Despite the scientific consensus that human-caused global warming is real and is negatively affecting the planet, the media have repeatedly provided a platform for critics who argue that the Earth is in a period of "cooling" or that the issue of global warming does not need to be addressed. Read More
Special Report allowed Fiorina to attack Obama without noting her role with McCain campaign
Wendell Goler aired a clip of Carly Fiorina criticizing President Obama, but identified her only as a "[f]ormer Hewlett-Packard CEO." Goler did not note that she was a senior economic adviser for John McCain's presidential campaign. Read More
You can help support our work; become a volunteer media monitor, or donate to Media Matters for America.
 

Crain's Daily News Alert prepared for Top Executives



CHICAGOBUSINESS

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Daily Business Briefing

CRAIN'S LISTS SEND LETTERS TO THE EDITOR MULTIMEDIA WEEKLY JOB CHANGES

TOP HEADLINES Monday, March 30, 2009

· O'Hare lands $12M stimulus

· Sara Lee considers selling overseas unit

· Dow closes down 254 points

· Window co. violated labor laws: NLRB Chicago

· McD's worker claims job loss for questioning executive pay

· Former CNA head got $13.4M parachute

· Deloitte to sponsor U.S. Olympic team

· Tribune merges Conn. paper, stations

· General Growth continues debt negotiation

· Sears names new division heads

· Grocer Caputo's moving Elmwood Park store to ex-Circuit City site

· North Bridge owner gets $205M refinancing loan 

· Sports reporters doing more, less: Biz of Sports blog

· City pension funds missed out on fat times: Hinz blog

· Obama friends big draw at charities: Taking Names blog 

Final Markets

Dow Jones

7,522.02

-254.16

-3.27%

NASDAQ

1,501.80

-43.40

-2.81%

Crain's Index

58.68

-2.1

-3.45%

» View Other Top Headlines

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Crain's Blogs. Now You're Talking. Introducing three blogs sure to pique your interest each business day: government and business, after-hours with Chicago's elite, and the business of sports.Click here to read what Greg Hinz, Shia Kapos and Ed Sherman are saying today. And talk back, we'd love to hear from you.

OTHER HEADLINES

· Ford Temporarily Shuts Down Chicago Plant CBS 2

· Obama issues ultimatum to car makers New York Times

· Airlines to sell even fewer seats this spring: group Reuters

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Social Whirl: Common Threads

Co-chairs Candace Jordan and Katherine Chez flank event organizer Linda Novick O'Keefe. They welcomed several dozen chefs and 650 guests into one lively World Festival party. See our photos.Read More


· Chicago Business Today - March 30

· Best hotels for business 2009

· Check, Please! visits Otom

· Homemade Pizza Co.: Grabbing a slice

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Media Matters Daily Summary




Media Matters for America
Here are today's news items from Media Matters for America, click on the title or 'read more' to read the entirety of each story.
Limbaugh challenged: In LA Times op-ed, Klavan claimed he's "never heard" Limbaugh "utter a single racist, hateful or stupid word"
In a Los Angeles Times op-ed, Andrew Klavan claimed he's "never heard" Rush Limbaugh "utter a single racist, hateful or stupid word," and offered a "[c]hallenge" to "liberals" to "[l]isten to the show ... and keep an open mind." However, Media Matters listens to Limbaugh everyday and has documented numerous examples of him spewing offensive commentary and basic misstatements of fact. Read More
Gregory falsely equated Obama remark with McCain's "fundamentals of our economy are strong" comment
NBC's David Gregory falsely equated March 13 comments by President Obama with Sen. John McCain's September 2008 comment that the "fundamentals of our economy are strong." In fact, Obama did not comment on the broad "fundamentals" of the economy in his March 13 remarks. Read More
You can help support our work; become a volunteer media monitor, or donate to Media Matters for America.
 

Crain's Chicago Business Early Alert E-mail



CHICAGOBUSINESS

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Weekly Business Briefing

CRAIN'S LISTS MARKETS GO TO MY ACCOUNT GO TO CHICAGOBUSINESS.COM

TOP HEADLINES Monday, March 30, 2009

· ROAD TO RECOVERY: No return to risk for financial firms

· Big boys take small banks' TARP bucks

· Ace payout change angers store owners

· State keeps spending as red ink rises

· Feds hot on Falor's trail

· Blago fundraiser wins big at McPier


FOCUS

Let's all be friends

Green Grocer Chicago created a Facebook page for itself last year. Within three months, hundreds of shoppers had declared themselves "fans" of the store. It has yet to spend a penny on advertising.


THE BUSINESS OF LIFE

Here come the regulars

While even the hippest restaurant may not last, stalwarts keep old reliables in business.

EDITORIAL INDEX

for March 30, 2009 (Significant References only)

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ADVERTISEMENTCrain's Blogs. Now You're Talking. Introducing three blogs sure to peek your interest each business day: government and business, after-hours with Chicago's elite, and the business of sports.Click here to read what Greg Hinz, Shia Kapos and Ed Sherman are saying today. And talk back, we'd love to hear from you.

THIS WEEK'S NEWS

The legend isn't true: Super-CEO a costly myth

It's time to retire the super-CEO, a mythical character that has enthralled Corporate America for the better part of ...

Help wanted: Innovation czar to transform Illinois

Now that President Barack Obama has turned a national spotlight on the need for innovation, Illinois should be the ...

Letters to the editor

New nuclear plants won't juice Illinois' economy Why should the Illinois Legislature look to expand new nuclear ...

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Top Stories

Monday, March 30, 2009


Father, two boys found dead | VIDEO
McLean County authorities say Michael Connolly and his two young sons have been found dead in rural Putnam County.

Chicago Ford plant shuts down for 3 weeks | VIDEO
Slow sales lead Chicago Ford plant to temporarily lay off 1,400 workers.

O'Hare gets stimulus cash for runway project
O'Hare International Airport is landing federal stimulus money for its modernization project.

Huge banner touts Chicago 2016
The International Olympic Committee will be in town later this week.

U2's Chicago show on sale
Tickets to see the band U2 perform at Soldier Field went on sale to the public Monday morning.

MORE STORIES

Strange

Father-son coroner team face DWI charges

School fears 'fellows' in fight song sexist

Malfunction turns tap water pink

Man locked inside bar after falling asleep

'Dumbest criminal in Pennsylvania' arrested

Consumer

Skype coming to iPhone

iTunes song prices going up

Delta to fly nonstop to Salt Lake City

Sara Lee recalls hot dogs

Hidden Deals: Thrift shops, garage sales, online sites | VIDEO

Healthbeat

Once-a-day heart combo pill shows promise

Born just weeks early may delay development

Panel advises depression screening for US teens

Cholesterol drugs could also cut blood clot risk

Stroke-blocking device shows promise, doctors say

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TODAY'S WEATHER OUTLOOK

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Smoke break costs more with tax boost However they satisfy their nicotine cravings, tobacco users are facing a big hit as the single largest federal tobacco tax increase ever takes effect Wednesday.


White House questions GM, Chrysler viability President Barack Obama refused further long-term federal bailouts for General Motors and Chrysler, saying more concessions were needed from unions, creditors and others before they could be approved. He raised the possibility Monday of controlled bankruptcy for one or both of the beleaguered auto giants.

Chicago Ford plant shuts down for 3 weeks


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Obama Says GM, Chrysler Have Last Chance to Survive (Correct)

Obama Says GM, Chrysler Have Last Chance to Survive (Correct):

"President Barack Obama said General Motors Corp. and Chrysler LLC must survive without becoming “wards of the state” and the companies have one last, limited chance to “fundamentally restructure.”

After his administration forced GM Chief Executive Officer Rick Wagoner to resign and pressed Chrysler to form a partnership with Italy’s Fiat SpA to get more taxpayer aid, Obama today said that company creditors, shareholders, workers, dealers and suppliers will be expected to make more sacrifices.

“We cannot and must not, and we will not let our auto industry simply vanish,” the president said at the White House, announcing new and final deadlines for the No. 1 and No. 3 U.S. automakers to remake themselves. “We cannot continue to excuse poor decisions. We cannot make the survival of our auto industry dependent on an unending flow of taxpayer dollars.”"

Jobs That Will Never Go Away

Jobs That Will Never Go Away: "Choosing a career path can be challenging. Half of all college students change their majors at least once as they travel the sometimes bumpy road that will lead right degree. If you want to follow your dreams as well as provide for a certain future, take heart. As long as human beings continue to inhabit the planet, there are many worthwhile and fulfilling jobs that will never go away."