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 Vol. 129, No. 23, June 9

A New Pet Rock for the Digital Generation
Tamagotchis--teaching kids, or stressing them? SUMMER CAN'T COME TOO SOON FOR Steven Horvath. With school the 10-year-old Chicago youngster will finally have time to take care of his Tamagotchi. For weeks Steven has been defying his mother's orders...
A Physician's Lament: Call Me Doc, Call Me Self-Righteous or Call Me a Windbag; Just Don't Call Me a Provider
Call me doc, call me self-righteous or call me a windbag; just don't call me a provider PERHAPS I AM MISTAKEN, BUT I THOUGHT THAT AFTER four years of medical school and three years of residency I was a physician. A medical doctor, if you will. For...
A Piece of the Action!
Sly, Arnold and Harrison will all be in their 50s by summer--geez, these guns are heavy--and a new generation wants to muscle in. Get ready for a fight. THE JET'S WINDSHIELD shattered at 45,000 feet. Without warning. Three hours over the Atlantic....
A Protest from Women
They helped elect a moderate president. But how much can he change this closed society? IRANIAN WOMEN MAY LOOK LIKE BIG, black lumps, but don t be deceived. The country's severe Islamic dress code requires that they drape themselves in somber, shapeless...
Con Air
In 'Con Air,' a skyjacked plane of crazies can't keep Nicolas Cage from delivering a bunny to his little girl WELCOME TO CON Air," purrs the bald, brilliant psychopath Cyrus (The Virus) Grissom (John Malkovich), having just skyjacked a prison transport...
Cracking a Chinese Code: Inside Beijing's Plan to Influence U.S. Politics
Inside Beijing's plan to influence U.S. politics WHEN THE STORY FIRST BROKE last January, it had everything. U.S. intelligence had intercepted secret conversations suggesting that China was running a crisp covert operation to funnel money into American...
Cybercrooks, Beware: Here Come the Cybercops
Anything on your hard disk can be used against you THE FAXED LETTER WAS SIMPLE and straightforward. With the Pennsylvania state seal at the top and Gov. Tom Ridge's signature at the bottom, it told the county jail in Ft. Myers, Fla., that Pennsylvania...
Drinking, and Death, after Dark: Did Two Teens Take to Killing in Central Park?
Did two teens take to killing in Central Park? DAPHNE ABDELA LIVED WITH HER wealthy parents in a co-op on Central Park West, one of Manhattan's prime strips of real estate. Christopher Vasquez's home was a brownstone on the other side of the park,...
Fight Her All the Way
A Clinton adviser on why the president should give Jones no quarter. NO MATTER HOW FAR Bill Clinton travels from Arkansas, characters from Little Rock keep popping up to remind him of his past. It's happened again: news of the Supreme Court's Paula...
Free Lunch Has a Price
Chirac blunders into a major electoral debacle LAST WEEK THE WORLD LEARNED something that most French have suspected for a long time: President Jacques Chirac is out of touch with his people, his nation and political reality. In April, almost on...
If It's Saturday, Then It Must Be Tampa
Is skating across America the way to Nagano? AH, THE GLAMOUR OF SHOW business. After skating to cheers at Orlando's O-rena, she returned to her hotel room to finish a homework assignment faxed from her tutors in Michigan. The last thing she saw...
'I Want Him to Admit What He Did.' (Paula Jones's Sexual Harassment Complaint against President Clinton; Includes Excerpts from Legal Documents Filed in the case)(Cover Story)
The Supreme Court rules that Paula Jones can have her day in court. The president desperately wants the case to go away but it won't be easy. BY MICHAEL ISIKOFF AND EVAN THOMAS PAULA JONES SCREAMED WHEN SHE heard the news. "Are you kidding me?"...
Limping Home
Can a Triple Crown winner save thoroughbred racing? Don't bet on it. AT BELMONT PARK ONE DAY LAST week, even as a crowd of 20,000 mills happily around the race-track sporting chestnut-color giveaway caps, Bob Baffert settles into a box seat amid...
Looking Forward to the Profits in Pampering Pets
ODDS ARE, you're nervous about the future. The economy's strong now, but who's to say you won't get downsized next year? Crime has dropped sharply, but aren't these things cyclical? Social Security? Good luck, son. There's just too much for a person...
Lost in the Big Blur: Susan Molinari's Move to an Anchor's Chair Is a Sign That TV and Politics Are Indistinguishable
Susan Molinari's move to an anchor's chair is a sign that TV and politics are indistinguishable MY WIFE HAS A THEORY about me, and it's not especially flattering. Actually, her theory also apples to some of my colleagues who chose to make a career...
Master and Slave of 'Babylon 5.'(producer, Director and Writer J. Michael Straczynski)(Brief Article)
The hardest-working man in outer space IN THE LAST FOUR YEARS, J. MICHAEL Straczynski's full head of brown hair has gone to thinning gray. Before he bought an ergonomic keyboard about a year ago, he had to stop typing every 20 minutes to ice down...
McVeigh in the Dock
After a brisk trial in the case of the deadliest act of domestic terrorism in U.S. history, the Oklahoma City bombing goes to the jury BURDENED BY THE MOUNTAIN OF evidence as well as their solemn task, the 12 men and women who hold Timothy McVeigh's...
Microsoft's Sidewalk: We Take the New City Guide for a Stroll
We take the new city guide for a stroll YOU REALLY, REALLY DON'T want to make it another Block-buster night. But there you are: cassette in one hand, a dog-eared delivery menu in the other. If you believe Microsoft's Celia Irvine, this is a living-room...
More Than Beer Cans on Wheels: A New Breed of Aluminum Cars May Provide a Glimpse of the Industry's Future
A new breed of aluminum cars may provide a glimpse of the industry's future ON THE SURFACE, IT'S HARD TO find two cars more different than the Audi A8 and the Plymouth Prowler. The Audi, which arrived in U.S. showrooms last fall, is a refined German...
Now It's Cohen vs. Albright
The Pentagon and the State Department spar over an exit strategy for U.S. troops in the Balkans THE BALKANS CONFLICT REMAINED deceptively dormant this spring--but there was one skirmish at the White House. At a meeting last month, Secretary of State...
Pray for China: Worried about Religious Persecution, the Religious Right Takes Aim at MFN
Worried about religious persecution, the religious right takes aim at MFN THE FAMILY RESEARCH COUNCIL never been known for its muscle in American foreign policy. A conservative lobbying group in Washington, the FRC has devoted most of its energy...
Reed Hundt Goes Offline
Reed Hundt, the chairman of the Federal Communications Commission, announced last week that he was stepping down. In his three years in office, Hundt was charged with setting guidelines for the most dramatic liberalization ever in telecom and cable....
Switzerland's Reckoning: Claimants for Ill-Gotten Assets Are Everywhere
Claimants for ill-gotten assets are everywhere IT'S A LONG WAY FROM THE glass-littered slums of South-Central Los Angeles to the shimmering glass towers of Zurich, Switzerland. Two worlds, utterly disconnected--or at least Dermot Givens used to...
The Facts of the Matter: A Leading Legal Journalist on the Merits of Jones's Sensational Suit - and What the Country Can Learn from Her Case against Clinton
A leading legal journalist on the merits of Jones's sensational suit and what the country can learn from her case against Clinton. PUT ASIDE, FOR A MOMENT, ALL THE POLITICAL WAR-gaming and the hotel-room titillation. At heart, just how strong a...
The Fair-Haired Banker: A Turbulent Wall Street Firm Names a New No. 2
A turbulent Wall Street firm names a new No. 2 THE SIGHT OF THE DUO STARTLED even the business elite who power-lunch daily at New York's 21 Club. There, two weeks ago, at his usual conspicuous table, sat Felix Rohatyn, the illustrious rainmaker...
The Lost World: Will At&T's Proposed Megamerger Usher in a New Age of Uncompetitive Telecom Dinosaurs?
Will AT&T's proposed megamerger usher in a new age of uncompetitive telecom dinosaurs? WHEN IT COMES TO telecommunications, talk is cheap--and we're not talking about long-distance rates. Rather, we're referring to the endless talk about the...
The Paula Problem
A feminist icon explains why Jones v. Clinton makes women like her so uncomfortable. PAULA JONES'S CASE against Bill Clinton is now, for all its possible political consequences and capacity for media sensation, a fairly routine lawsuit of its kind....
The Tastemaker
Without Chuck Williams, we might never know the joys of tart pans or $350 toasters. If you don't know his name, you may own his wares. THERE IS NO HANDSOME CHROME Dualit toaster in Chuck Williams's San Francisco kitchen, no elegantly functional...
Want a Job? Get Online
The Web is changing the way college students find their first jobs JASON SECOSKY, A MASTER'S student in computer science at the University of Washington, knew he wanted to return to his native North Carolina after graduation this spring. That meant...
Where Did All the Fliers Go? World War II Vets Go Online to Solve Old Mysteries
World War II vets go online to solve old mysteries THE LAST TIME BOB LEHNHERR SAW his buddy Joe Adams was in the spring of 1943 on a New Mexico army base. They were Kansas boys from El Dorado who joined the service in 1940 and wound up as bombardiers....
You're Damned If You Do ... at the Gong Show of Classical Music, Nobody Really Wins
At the Gong Show of classical music, nobody really wins THE BLACK-TIE OPENING GALA FOR the quadrennial Van Cliburn International Piano Competition on May 22 had an unwelcome disturbance. Thirty-five high-society Ft. Worth, Texas, couples were graciously...
You Say You Want a Resurrection? Done
The 'Alien' franchise didn't go away--only its audience. Fox attempts a monumental comeback. SIGOURNEY WEAVER HAD A MINOR epiphany. She was hard at work on the set of "Alien Resurrection, having her fourth go-round as Ripley, the alien-busting heroine...