Newsweek

Newsweek is a weekly news magazine covering current events and politics in America. Newsweek magazine is published by Newsweek, Inc. and is headquartered in New York, N.Y. It has been published since 1933 and is currently owned by Sidney Harman. Newsweek covers national news and is the second largest weekly news magazine in the United States, behind Time Magazine. Newsweek was founded in 1933 as News-Week by Thomas J.C. Martyn, a former foreign Time magazine editor. At that time, the magazine cost 10 cents a copy and $4 per year. The name changed to Newsweek in 1937 and it merged with Raymond Moley's weekly magazine, Today. Moley was a member of Franklin D. Roosevelt's "Brain Trust" and to distinguish itself from its competition, Time, which had a similar format, Newsweek carved a reputation for itself as being more liberal and serious in tone. It was the first to assign writer by-lines for its editorial columns. The Washington Post Company bought the magazine in 1961 and its liberal publisher, Katharine Graham, continued to set the publication apart from its two main competitors (Time and U.S. News & World Report). Starting in 2008, the company went through massive restructuring and suffered a reported 50 percent in subscriber rate loss in one year and $28 million in revenue in 2009. The magazine was sold to stereo pioneer Sidney Harman, who is husband to California Congresswoman Jane Harman, in August 2010. Newsweek's editor Jon Meacham's resignation from the magazine coincided with the sale. 52 percent of the readership are men and 47 percent are women. The average age of readers is 52 and 88 percent have either attended or graduated from college. The average personal income of its readers is $99,792.In the 1950s, Newsweek became a leader in in-depth reporting of racial diversity and in the 1960s, under then-editor Osborn Elliott, it became a voice for advocacy journalism, where subjective political positions are countebalanced with facts. In August 1976, Newsweek reported that federal investigators had enough evidence to prove that former Teamsters Union boss James Hoffa was strangled to death July 30, 1974, the day he disappeared outside a suburban Detroit restaurant. The article further reported that the murder was planned and executed outside Michigan. In 1998, Newsweek killed a story about White House intern Monica Lewinsky's sexual relationship with President Bill Clinton. The story broke on news aggregate website, the Drudge Report, which reported that Newsweek's reporter, Michael Isikoff, had gathered enough evidence from sources to publish the story and name Lewinsky, when at the last minute the magazine decided to pull it. Newsweek eventually published the story after the Drudge Report made it public. The magazine is reknowned for its investigative war reporting, most recently in Iraq and Afghanistan. Daniel Klaidman is the Managing Editor.

Articles from September 26

A Breakout Act; for Decades, Charles Koppelman Has Worked Showbiz Magic Behind the Scenes. Now, with Martha, He's Going Prime Time
Byline: Johnnie L. Roberts It was a Saturday night in March 2004, and Martha Stewart's world was crumbling. A week earlier she had been convicted for lying to federal investigators, and her business empire, not to mention her reputation, was in...
Read preview Overview
A Demand for Change; Iran's New President on Iraq, Nukes and Terrorism
Byline: Lally Weymouth Iran's new president, Mahmoud Ahmadinejad, is regarded as a hard-liner who is determined to thwart reforms in his country. In an interview with newsweek's Lally Weymouth, he denied he'd had any role in the seizing of U.S....
Read preview Overview
A Supreme Bank Shot; How the Vote on John Roberts May Shape the Fight over the Next Pick
Byline: Debra Rosenberg (With Tamara Lipper, Daniel Klaidman, Stuart Taylor Jr., Michael Isikoff and Martha Brant) During his often mind-numbing confirmation hearings, a polished John Roberts delivered a virtual seminar on constitutional law while...
Read preview Overview
BlackBerry: Bring It on! It's the Communications Gadget for Professionals, as Well as a Cultural Icon. but Now This Combination Cell Phone and E-Mailer Faces Intense Competition from Palm, Nokia, Microsoft, Samsung and Others
Byline: Brad Stone Mike Lazaridis knows all about the "BlackBerry Prayer"--the supplicating position one assumes when grasping the popular six-ounce wireless combination e-mailer/phone known as the BlackBerry between your palms and thumb-tapping...
Read preview Overview
Can the Q Be the Razr of PDAs? Motorola's New Contender Has Buzz, but Isn't Even out Yet. the BlackBerry Folks Are Already Dismissing It
Byline: Brad Stone Thumb-tapping e-mailers will have some tough decisions to make in the coming months. A wave of keyboard-equipped mobile phones, many already available in Europe and Asia, is about to hit the U.S. market, making the RIM BlackBerry...
Read preview Overview
Capital Ideas
Byline: Jane Bryant Quinn A new tax-free savings game lies just around the corner, if your company decides to play. Starting Jan. 1, employers can expand their 401(k) plans to include something called a Roth 401(k). Any worker can use it. The real...
Read preview Overview
Cash and 'Cat 5' Chaos; the Gold Rush: Contractors and Prospectors Are Flooding the Gulf Coast to Grab Their Piece of the Biggest Reconstruction Ever. If Only FEMA Could Stop Fumbling
Byline: Keith Naughton and Mark Hosenball (With Michael Isikoff, Charles Gasparino, Arian Campo-Flores and T. Trent Gegax) As his helicopter swoops low over rows of empty mobile homes destined for Katrina victims, Bob Spaulding looks worried. The...
Read preview Overview
Color This Deal in Crimson and Green
Byline: Allan Sloan Mutual funds are designed to be the small investor's friend. By pooling their money and hiring a professional manager, the small fry can compete with the giant sharks that dominate the investment world. Or so the thinking goes....
Read preview Overview
Decoding Secrets of Airplane Seating
Byline: Linda Stern New web sites are springing up for business travelers who want to see all their options before booking a flight. Both expertflyer.com and itasoftware.com give travelers a level of pricing detail they just wouldn't get from...
Read preview Overview
Eats, Crowds and Cheats; Doing Business in China Presents Special Challenges. Meals Are an Event, Efficiency Is Foreign, Counterfeiting Is Rampant. Some Tips from Our Globe-Trotting Correspondent
Byline: Brad Stone Google jumped whole hog into China last year, investing in search leader Baidu.com and doubling down on its own Chinese-language portal. Yahoo bet part of the farm on China last month, plugging $1 billion into the search engine...
Read preview Overview
Facing the Music; Rap Diva Lil' Kim Won't Be Touring to Promote Her New Album-She'll Be in Federal Prison. Just like Martha? Think Again
Byline: Allison Samuels A few days before she was scheduled to start serving her prison sentence, Kimberly Jones--you know her as Lil' Kim--was ensconced on a plush sofa in a dimly lit recording studio in Manhattan's Hell's Kitchen. Her mind was...
Read preview Overview
Feasting at the Festival; Toronto Has Become the Continent's Pre-Eminent Place to Gorge on Oscar Hopefuls. Our Critic Digs In
Byline: David Ansen Imagine a Wal-Mart superstore that contains Prada boutiques, antiquarian bookstores, Japanese comic books and semiautomatic weapons, and you have an inkling of the Toronto Film Festival's vast, eclectic largesse. It's become...
Read preview Overview
Getting Really into Your Closet; Your Socks, Shirts and Undies Each Need a Special Cubby. 'Custom Closets' Are a Burgeoning Industry
Byline: Daniel McGinn Neil Balter's closet was a mess. A 17-year-old college student, Balter was sharing an apartment in Los Angeles with two friends back in 1978. To help his tiny closet better accommodate his stuff, he bought sheets of particleboard...
Read preview Overview
Hedge-Fund Horrors; Small-Fry Investors Can Now Bet on These Risky Investments along with the Big-Money Crowd. If Fiascoes like Bayou Securities Don't Scare You off, the Fees You'll Pay Should
Byline: Allan Sloan (SLOAN is NEWSWEEK's Wall Street editor. His e-mail is sloan@panix.com.) Once upon a time, the word "hedge" was used to describe shrubbery, such as those nifty privet hedges that make such wonderful boundary plantings. But these...
Read preview Overview
Hollywood Gets a Hand; the Beleaguered Movie Studios Find an Unlikely Ally in the PlayStation Portable-And a New Format Takes Off
Byline: N'Gai Croal If Hollywood were a golf course, studio executives would be asking for a mulligan. With the exception of a few surprise hits like "Crash" and "The Exorcism of Emily Rose," 2005 has, thus far at least, been looking ripe for a...
Read preview Overview
Leaders Who Won't Choose; in Washington, It's Business as Usual in the Face of a National Catastrophe
Byline: Fareed Zakaria (Write to the author at comments @fareedzakaria.com.) Adversity builds character," goes the old adage. Except that in America today we seem to be following the opposite principle. The worse things get, the more frivolous our...
Read preview Overview
Money, Money, Everywhere; Check, Please: Louisiana Cheered. Democrats-And Some Tightfisted GOPers-Jeered. How We Will Pay for the Katrina Cleanup-And the Political Costs for Bush
Byline: Howard Fineman (With Holly Bailey and Richard Wolffe in Washington, Arian Campo-Flores and T. Trent Gegax in Louisiana and Andrew Murr in Los Angeles Graphic by Andrew Romano, Illustrations by Kevin Hand) The president arrived in darkness,...
Read preview Overview
More Than a Leather Seat; the Pampered Set Wants First Class and beyond. Your Own Suite, a Seven-Course Meal-Pick the Right Flier
Byline: William Underhill It's the fantasy of every comfort-hungry air traveler. First a complimentary champagne cocktail in a prole-free terminal, then a meal of cordon bleu quality, followed by a wallow in a leather armchair in the cigar lounge....
Read preview Overview
My Cat Takes More Drugs Than I Do; the Health Plan That's Kept Me Fit for 37 Years Is Simple: Do What You Already Know You Ought To
Byline: Thomas Withers (Withers lives in Springfield, Mo.) Ironically, if I hadn't been trying to beat the high cost of health care, my wife wouldn't have run over my head with her bicycle a few months ago. The wheels on my bike hit a slick spot...
Read preview Overview
Nature's Design Workshop; Engineers Turn to Biology for Inspiration
Byline: Anne Underwood If we have Batman and Spider-Man, why don't we have any mussel superheroes?" asks biochemist Herbert Waite of the University of California, Santa Barbara. Mussels may not be the biggest or the flashiest of sea creatures. But...
Read preview Overview
Newsmakers
Byline: Sean Smith, Nicki Gostin Now Renee Just Walks Away Sometimes it's easy to see why actors dislike the press. After Oscar winner Renee Zellweger filed for an annulment from country singer Kenny Chesney on Thursday, it took very little time...
Read preview Overview
No Money? No Problem! How Will We Pay for Katrina (and the War in Iraq)? Easy. We'll Borrow It
Byline: Allan Sloan Can the federal government afford to pay $200 billion or so to repair the damage from Katrina? Of course not--but we're going to spend it anyway. So how are we going to get the money? We're going to borrow it, primarily from...
Read preview Overview
Our 15 Picks; Sensational: We Tasted Hundreds of Products, Eliminating the Kinky-No Wasabi/raspberry Anything-From the Ubiquitous Raleigh, N.C., Bone Suckin' Sauces, to Our Farmstand Fave, Bates & Schmitt's Apple Vinegar
1. CHINABLUE, SAUSALITO, CALIF. Richard Wong's intensely flavored Asian sauces (like sesame soy), glazes (spicy chili bean), dressings (ginger splash) and oils (sweet scallion) can make a meal. chinablue.com 2. MAYA KAIMAL, EARLVILLE, N.Y....
Read preview Overview
Perspectives
Byline: Quotation sources: Usa Today, New York Times, Usa Today, New York Times, The Washington Post, AP (2), ABC (Australia), State News (Michigan State University) "The city of New Orleans... will start to breathe again." New Orleans Mayor...
Read preview Overview
Q&A with Steven Levy: Ballmer Unbound; Microsoft's Hard-Driving CEO on Competition, Persistence and When He Thinks He'll Hang It Up
Byline: Steven Levy Microsoft's CEO has always been hard core, whether leading cheers at employee meetings, strategizing to maintain the company's status as the world's biggest software firm or upbraiding analysts for insufficient bullishness on...
Read preview Overview
Return of the Hotel Butler; Talk about Service: One Manservant Bailed a Famous Heir out of Jail
Byline: Rukhmini Punoose The word "butler" still conjures up visions of a Wodehousean gentleman in coattails effortlessly managing every detail of an English country estate. But thanks to a growing trend at luxury hotels from Tokyo to Las Vegas,...
Read preview Overview
Southern Comfort; Inside Track: Mississippi's Governor Once Had to Live Down His Washington Bona Fides. These Days, They're a Pure Plus
Byline: Jonathan Darman (With Tamara Lipper and Holly Bailey) Haley Barbour doesn't like to talk about Louisiana. As governor of Mississippi (the state, he's quick to note, that received Hurricane Katrina's most "grievous blow"), he has enough to...
Read preview Overview
So You Want to Start A Food Business
Byline: Ben Whitford and Dan Berrett Producing great food is a labor of love. But no matter how delicious your recipe, successful ventures call for more than just enthusiasm. To gain market share without falling afoul of USDA regulations requires...
Read preview Overview
Swift or Elegant? Business Travelers Want the Best of Two Worlds. Designers Aim to Please. Here Comes the Newest Class of Corporate Jets
Byline: Hilary Shenfeld and Dirk Johnson This businessman spends about $1 million a year on corporate-jet travel. He's a 47-year-old suburban Chicago executive who likes to be able to fly almost anywhere in the United States for a meeting and be...
Read preview Overview
Swimming with Sharks; Deconstructing MTV's Teen Phenom 'Laguna Beach'
Byline: Devin Gordon MTV's reality series about teen life in paradise, "Laguna Beach: The Real Orange County," hasn't become the network's latest hit because of all the interesting things that happen on it. In fact, nothing even close to interesting...
Read preview Overview
Swing Batter Batter; A High-Tech School Teaches Ballplayers to Hit 100mph Fastballs. Its Top Student: Manny Ramirez
Byline: Alan Schwarz Even a little leaguer knows a batter can't hit what he can't see. One high-tech company has turned the adage "see better, hit better" into a multimillion-dollar business. At the Frozen Ropes Training Center, an hour's drive...
Read preview Overview
Tales from Travelers; Car Battery Dead at the Airport? Harassed by Men? Lost in Panama City? Our Readers Offer Some Tips
We asked readers to share their secrets in navigating the world of business travel. Here are some of their stories: DOUGLAS CHABOT, Thousand Oaks, Calif.: I do a weekly commute from Los Angeles to Baltimore. One day last year, I returned to L.A....
Read preview Overview
Technology: HDTV Is Getting Clearer
Byline: Peter Suciu High-definition television, a.k.a. HDTV, has long been one of those technologies that's "just around the corner." This holiday season might finally be the right time to take the plunge, thanks to falling prices and a range of...
Read preview Overview
Terrorists: Bloodcurdling Qaeda Threats-In English
Byline: Mark Hosenball American intel officials believe three recent Qaeda videotapes represent a new strategy by Osama bin Laden's network to get more air time in English-speaking countries. Since early August, three different, and seemingly current,...
Read preview Overview
The Editor's Desk
***** CORRECTION: In the Sept. 26 "Editor's Desk" we incorrectly stated that Mississippi Congressman Gene Taylor had a house in Biloxi. We also misstated the location of the Bay St. Louis Bridge. The bridge is not in Biloxi, but connects the cities...
Read preview Overview
The Taste Makers; Artisans: They've Devoted Their Lives to Creating Exquisite Food with the Best Ingredients. Now, Thanks to the Internet, They're Taking Their Passion Nationwide
Byline: Dorothy Kalins (With Ann McCarthy, Karen Breslau, Dan Berrett, Ben Whitford and John Richards) It's 93 degrees on the warehouse streets of Linden, N.J., and hotter still inside the processing kitchen over a 250-gallon steam kettle, as 45...
Read preview Overview
Unholy Allies; the Taliban Haven't Quit, and Some Are Getting Help and Inspiration from Iraq
Byline: Sami Yousafzai and Ron Moreau (With Scott Johnson in Baghdad) At sundown, the most- wanted man in Ghazni province comes roaring down a country road astride his motorcycle. Mohammed Daud, 35, commands the biggest Taliban force in this area...
Read preview Overview