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 February 19

A Brief Assembly of Good Samaritans: On the Freeway, an Accident Brings Together an Ad Hoc Team of Motorists to Try to Save a Stranger's Life
In the time it takes to dial 911, flames already lick out of the Plymouth's crushed body. "I'm on the 405 northbound, south of Seal Beach Boulevard," I shout into my cell phone. "A car has hit the center divider. It's upside down. And, oh my God,...
After Barak: Benign Neglect: His Manic Diplomacy Failed Spectacularly, but Creatively. It Called Arafat's Bluff about Peace
Charles de Gaulle, lamenting the fractiousness of the French, famously wondered, "How can you govern a country which has 246 varieties of cheese?" De Gaulle should have tried dealing with the Israelis. Israel, with more than a dozen feuding parties,...
An Old General Begins His Toughest Battle: He Says He Wants Peace-But Only on His Terms. That Could Spell Trouble
Before he had even formed a government, Ariel Sharon radicalized both sides of the Arab-Israeli dispute. His spokesman, Raanan Gissin, announced that all of the concessions offered to the Palestinians at Camp David last summer were now "null and void."...
A Pardon's Path: The Inquiry into Clinton's Controversial Decision to Clear Fugitive Marc Rich Heats Up. What's Next
Arthur Levitt Jr. didn't hide his feelings. On the morning of Jan. 19, the day before Bill Clinton left office, the Securities and Exchange Commission chairman got a phone call from a top White House official. The official told Levitt that the president...
A Pie in the Sky Policy: It's Folly to Slash Taxes Based on Rosy Budget Projections That Are Certain to Be Wrong. Why Tax-Cut Fever Needs to Chill
There are times when even the born contrarians among us wonder if we've taken leave of our senses, or if the rest of the world has. Which is how I feel about the bum's rush we're getting to make huge tax cuts right now, based on iffy long-term budget...
A Spreading Islamic Fire: Islamic Extremists Hate America and Have Designs for World Conquest. but the Threat Is More Diffuse Than It Might Seem. the Many Sides of a Movement
Americans are nothing if not self-assured, especially about their most cherished values. What's wrong with freedom and the pursuit of happiness? So it's all a bit puzzling. Why should America now be the enemy? Is the Islamic fundamentalist threat a...
Comedian in Chief: Will Ferrell Doesn't Get Noticed on the Subway, but He's the Leader of the Free World at 'Saturday Night Live'
Will Ferrell is as busy as that real guy in the White House--maybe busier, since he doesn't have Dick Cheney to do his heavy lifting. In fact, Ferrell's got only a few minutes to talk on the phone. The NBC tribe has just spoken with its own immunity...
Critical Moment
CRITICAL MOMENT Our Opinionated Guide From One to Five Stars MOVIES In the Mood for Love Shy Hong Kong neighbors contemplate affair. Quirky, gorgeous--and so elegantly acted that a trip to the noodle shop seems erotic. J.G. 4 Stars Saving Silverman...
Cyberscope
HOT PROPERTY A Multitasker Just for Fun At this week's demo 2001 conference, Kodak is unveiling a new product aimed at gen Y: the mc3. The device can record digital video and still pictures and play mp3 files. The $229 gadget doesn't have a lot...
Danger: Terror Ahead: Osama Bin Laden's Network Is Growing. So Is the Danger to Americans. A NEWSWEEK Investigation
American counterterrorism experts have been hunting Osama bin Laden for years. They have spent millions of dollars, countless man-hours and considerable diplomatic capital in order to track down the mastermind blamed, indirectly or directly, for terrorist...
Disaster at Sea: A U.S. Sub Sinks a Japanese Fishing Boat
Crew members of the Japanese fishing vessel Ehime Maru had just finished lunch when they felt a jolt, then two explosions. Plunged into darkness, they scrambled on deck as the water rushed in and their 191-foot ship began to founder. As they leaped...
Folkman Looks Ahead: The Controversial Pioneer of Angiogenesis Is Back on the Map-And Now His Theories Are Being Tested on Humans
On the 10th floor of Boston's Children's Hospital, Dr. Judah Folkman--a gentle presence with a racing mind--sits down to talk. He offers coffee and cookies. He teaches, he questions, he wonders. He plunges back to the past, hurtles ahead to the future...
Furs, Cigars and Other Leading Indicators
WHAT CEOS WATCH FURS, CIGARS AND OTHER LEADING INDICATORS President Bush says a warning light is flashing on the economy's dashboard. If he's right, support will continue to build for tax cuts. But gauging the health of this economy isn't easy--almost...
GREENSPAN'S GLOBAL PROBLEM: Juggling between America and the World, the Fed Chairman May Have Dropped the Ball
Alan Greenspan is surely the least criticized American public official since George Washington. In recent weeks the few commentators who have dared to disagree with him have narrowly confined themselves to his testimony on taxes. The implication, of...
Hot Time in Gucci Gulch: Corporate America Lines Up to Lobby Team Bush
The corporate tax lobbyists were all smiles and backslaps as they poured into the upscale Watergate Hotel a week ago Friday to meet with Larry Lindsey, the president's chief economic adviser. They were eying George Bush's tax proposal as if it were...
Is It Software? or Spyware? Programs like NBCi's QuickClick Look Cool and Benign. but Read the Fine Print about Privacy
"There's a revolution going on inside your computer!" gushes Ingrid Torrance, the inescapable pitchwoman for NBC Internet (NBCi). In this TV ad, one of several aired relentlessly on the Peacock network for its dot-com cousin, Ms. T addressed an audience...
Is This the Right Medicine? with the Long Economic Boom Fading, There Is Broad Support for a Tax Cut. but Economists Worry That the Needed Jolt Will Come Too Late
It may be back to the future for economics. Once upon a time, tax cuts commanded almost universal support among economists as the preferred tool for preventing recessions. When Congress passed the Kennedy-Johnson tax cuts in 1964, the enthusiasm was...
Letters
Is Anybody Home Anymore? Our Feb. 12 cover story struck a chord with many readers. "Thank you for legitimizing an amazingly ubiquitous threat to our children and our families," one wrote. "I hope your coverage will prompt many well-intentioned parents...
Love Online: Millions Are Turning to the Internet to Find Romance. the Pursuit Can Be Fruitful-But Chemistry Is a Tricky Thing to Transmit
Boston journalist Judith Forman first laid eyes on Toronto actor Andrew Pifko after he performed in a play one recent Friday night. But the two were already practically going out. Three months before their first meeting, Forman, 24, and Pifko, 30,...
Newsmakers
Days of Thunder Ahead? Tom Cruise and Nicole Kidman are almost as famous for professing their love as they are famous. The big question now is, can they keep up friendly appearances? Last Monday they "stressed their great respect for each other" in...
Periscope
POWER Cheney: Tightening His Grip? As the Bush administration takes shape, Vice President Richard Cheney is seeking to tighten his grip on the making of national-security policy--at the expense of national-security adviser Condoleezza Rice. Major foreign-policy...
Snip, Snip, Snip: Bush's Tax-Cut Plan Has the Capital in a Frenzy. the Democrats Are Trying to Figure out How to Fight Back, and the Lobbyists Are Licking Their Chops. the Road Ahead
Publisher Correction: February 26, 2001 ______________________________________________________________________________ Correction In our Feb. 19 cover story, "Tax Cuts & You," a chart misstated how President Bush's proposed tax cut would affect...
Soda Pop That Packs A Punch: Are the New Alcoholic Lemonades Aimed at Kids?
So there's this dude named Mike, and he goes, "Lemonade is good and all, but I bet it tastes better with alcohol." He squeezes a bunch of lemons, adds some sugar and malt liquor. Then he carbonates the stuff and sticks it in a bottle. Mike's totally...
Solving the Next Genome Puzzle: Identifying All Our DNA Was the Easy Part. Now, Bring on the Proteome
Even in the high-minded field of genetics, the scientists who labor to decipher genomes are, after all, only human. So, thrilled as they are to read the complete sequence of DNA in an organism--its "book of life"--a cruder puzzle also piques their...
The Language of Fear: Murders Roil America's Leading University for the Deaf
Benjamin Varner returned to college this semester with a mix of anticipation and apprehension. Only months before, just down the hall from his first-floor dorm room, a fellow classmate had been bludgeoned to death. The murder stunned students at Gallaudet...
The NBA's No-Shows: As Ratings and Attendance Drop, Basketball Struggles to Find Its Game
L.A. vs. New York figures to be a showcase for NBA excitement. But by the time the Lakers arrived for their once-a-year showdown against the Knicks in Madison Square Garden last month, the dysfunctional L.A. team bore little resemblance to last year's...
The New Cable Guy: AOL Time Warner Is Preparing to Sell You a Remarkably Rich Digital World, All Via Your TV. Just Watch Your Bill
Anita Ptak is the kind of customer media giants dream about. But for AOL Time Warner she isn't illusory. For years the Tampa, Fla., accountant made do with an uninspired selection of 30 basic cable channels. That all changed last year when Time Warner...
Toting Up the Real Bottom Line: Bush's Proposal Gives the Most to the Wealthy, Something to the Middle Class but Zip to Most Low Earners
Bushies keep a branding iron in the fire to use against dissenters like me. The moment you open your mouth about how the president's tax plan helps the rich--whup, sssss, your forehead bears a steaming mark. Class warfare. divider, not uniter. Treasury...