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In the contrary, being a business journal, BBL must remain accurate in reporting and analysis of business. Biased business reporting will directly impact reader

In the contrary, being a business journal, BBL must remain accurate in reporting and analysis of business. Biased business reporting will directly impact reader trust, this revenues.

scarface74 8y ago
Because Bloomberg would never publish a sensational story with no corroborating evidence including fake pictures. https://www.bloomberg.com/news/videos/2018-10-04/how-china-used-a-tiny-chip-to-infiltrate-amazon-and-apple-video https://www.bloomberg.com/news/videos/2018-10-04/how-china-u...
eesmith 8y ago
I've heard this argument before, though with respect to the WSJ. I don't really believe it. There is still a bias because "reader trust" depends on what the readers want to read, yes? That is, most of the readers of Bloomberg, and of the WSJ, are - to use Marxian terms - aligned with the interests of capital owners, and not workers. Labor is an important part of business, yes? Yet a look at the Bloomberg home page shows no mention of union or worker rights issues. The word "worker" exists in the headline link "Jaguar's New Evoque Rides to Rescue of UK Workers" but the actual article is titled "Jaguar Land Rover's New Evoque SUV Rides to Rescue of U.K. Plant Amid Brexit Pinch", with no mention of workers. Why would Bloomberg cover more about the labor aspect of business if its readers don't want to know more about it, or are actively against it?
- ancorevard 8y ago
  I’ve seen many stories in Bloomberg about Marxism through the proxy of Venezuaela’s marxist policies. So far, it doesn’t seem like marxist ideologies are good for the common workers in that country either.
  - eesmith 8y ago
    Ummm, 'Marxian' as the term for the critique of capitalism is not the same as 'Marxism' the political philosophy. See https://en.wikipedia.org/wiki/Marxian_economics https://en.wikipedia.org/wiki/Marxian_economics Do you not find the terms "capital owners" and "workers"/"labor" to be relevant?
__Joker 8y ago
I don't consume print business news but watch video format. And they do seems to be politically biased. Give an examples I see CNBC tilting towards current administration. If not blatant, in more subtle ways like omission and directing the discussions away from critique. Some Fox Business programs are more or less seems extensions of Fox News. Bloomberg spends more times critiquing the current administration. So who knows whats their agenda. Also, when coming to trust, it is pretty difficult to pin it. And user memory seems to not last more than a day. It is not like users going to remember what business advice somebody provided a year ago.
RyanZAG 8y ago
All reporting is always biased. Every word you select is a direct product of bias, and the choice between multiple sentence phrasing changes emotional direction of the reader.
tyu1000 8y ago
Yes, business news is my favourite because to make money you have to be right about things. The guests on Bloomberg TV are just incredible compared to any other media sources, top financiers, economists and etc.. who are comfortable with math, science, history and economics.

In the contrary, being a business journal, BBL must remain accurate in reporting and analysis of business. Biased business reporting will directly impact reader trust, this revenues.

scarface74 8y ago

Because Bloomberg would never publish a sensational story with no corroborating evidence including fake pictures. https://www.bloomberg.com/news/videos/2018-10-04/how-china-used-a-tiny-chip-to-infiltrate-amazon-and-apple-video https://www.bloomberg.com/news/videos/2018-10-04/how-china-u...

eesmith 8y ago

I've heard this argument before, though with respect to the WSJ. I don't really believe it. There is still a bias because "reader trust" depends on what the readers want to read, yes? That is, most of the readers of Bloomberg, and of the WSJ, are - to use Marxian terms - aligned with the interests of capital owners, and not workers. Labor is an important part of business, yes? Yet a look at the Bloomberg home page shows no mention of union or worker rights issues. The word "worker" exists in the headline link "Jaguar's New Evoque Rides to Rescue of UK Workers" but the actual article is titled "Jaguar Land Rover's New Evoque SUV Rides to Rescue of U.K. Plant Amid Brexit Pinch", with no mention of workers. Why would Bloomberg cover more about the labor aspect of business if its readers don't want to know more about it, or are actively against it?

ancorevard 8y ago
I’ve seen many stories in Bloomberg about Marxism through the proxy of Venezuaela’s marxist policies. So far, it doesn’t seem like marxist ideologies are good for the common workers in that country either.
- eesmith 8y ago
  Ummm, 'Marxian' as the term for the critique of capitalism is not the same as 'Marxism' the political philosophy. See https://en.wikipedia.org/wiki/Marxian_economics https://en.wikipedia.org/wiki/Marxian_economics Do you not find the terms "capital owners" and "workers"/"labor" to be relevant?

__Joker 8y ago

I don't consume print business news but watch video format. And they do seems to be politically biased. Give an examples I see CNBC tilting towards current administration. If not blatant, in more subtle ways like omission and directing the discussions away from critique. Some Fox Business programs are more or less seems extensions of Fox News. Bloomberg spends more times critiquing the current administration. So who knows whats their agenda. Also, when coming to trust, it is pretty difficult to pin it. And user memory seems to not last more than a day. It is not like users going to remember what business advice somebody provided a year ago.

RyanZAG 8y ago

All reporting is always biased. Every word you select is a direct product of bias, and the choice between multiple sentence phrasing changes emotional direction of the reader.

tyu1000 8y ago

Yes, business news is my favourite because to make money you have to be right about things. The guests on Bloomberg TV are just incredible compared to any other media sources, top financiers, economists and etc.. who are comfortable with math, science, history and economics.