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. 130, No. 6, August 11

A Brush with Terror: They Were Making Bombs in Brooklyn, Their Eye on a Suicide Subway Attack. How Did They Get So Far?
They were making bombs in brooklyn, their eye on a suicide subway attack. How did they get so far? The plan was to bomb a subway station in Brooklyn--and the big question, after New York police narrowly averted a catastrophic act of terrorism last...
A Buddy Picture: Mel Gibson Teams Up with His 'Lethal Weapon' Pals to Make the End-of-Summer Thriller 'Conspiracy Theory.'
If you think that the decision to put every big-budget summer movie into production is made by some high-powered, Armani-clad executive, you're wrong. Director Richard Donner and producer Joel Silver knew the green light was in Mel Gibson's shabby...
A Rare Win for a City: Chrysler Decides to Stay Put, and Toledo Rejoices
At the psychic center on the east side of Toledo, Ohio, customers seek guidance on life's universal issues: health, love and money. But lately when Madam Rose has worked the tarot cards, clients have had a bigger concern: where will they build the...
'A Tremendous Step.' What Greece's Simitis Wants from Turkey
Greek Prime Minister Costas Simitis gave a rare exclusive interview last week to Newsweek's Lally Weymouth. Simitis, 59, in office only 18 months, has done away with the anti-American stance that prevailed under legendary former prime minister Andreas...
At War in the Ranks: They Were Outsiders on Their Way Up - until They Crossed Swords
They were outsiders on their way up--until they crossed swords Robert Davis, A black man, and Katharine Laughton, a white woman, loved the U.S. Navy. One of 10 children in a family of modest means, Davis, 54, enlisted in the navy in 1960 and rose...
A Twist in Jones V. Clinton: Her Lawyers Subpoena Another Woman
The phone call was provocative, to say the least. Early last January, Joseph Cammarata was preparing to help argue to the Supreme Court that his client Paula Jones should get a trial for her sexual harassment suit against President Clinton, when--he...
Bad Practices: The Federal Probe of Columbia/HCA Is Just Part of a Broad Assault on Health-Care Fraud
Floridians expect a hurricane now and then. But none ever hit the Sunshine State like Columbia/HCA Healthcare Corp. In four years, the Nashville, Tenn.-based hospital chain went from owning six hospitals to 67, or one of every three beds in Florida....
Brutus Denies All: Attempts at Deception, Especially from Politicians, Used to Be a Whole Lot Better
The lying isn't as good as it used to be. Neither is the self-deception. This undoubtedly plays at least some small part in the rising chorus of complaints about Washington's dwindling relevance. Where is the fun, where is the challenge when the mendacity...
Cold Comfort
Antarctica is just not as frigid as it used to be. For creatures as finely adapted to the icy environment as penguins, that is chilling news indeed. Right about now, atop the floating sea ice off the Ross Ice Shelf, emperor penguins are getting their...
Hit the Eject Button: Home Video Isn't a Blockbuster Business Anymore
Among Argentines, the late First Lady Eva Peron stirred heated emotions Now the marketing of "Evita," Hollywood's video-bound take on her life, is stoking long-simmering tensions in the U.S. home-video business. The industry hot zone is your family...
Homegrown Varieties: Let's Spend as Much on Understanding Earth's Life Forms as We Do on Extraterrestrial Research
Let's spend as much on understanding Earth's life forms as we do on extraterrestrial research My colleagues and I just discovered a distinctive new monkey species between the Rio Madeira and the Rio Tapajos in Brazil's central Amazon. In the process,...
Hostage to the Winds
The aftermath of the huge tax and budget bill feels like the day following a small hurricane. The landscape is littered and strangely quiet. The air smells sweet. All the little establishments around town seem different, but you're not sure exactly...
How to Do as You're Told; the New Tax Bill Will Reward You for Having Kids, Quitting Smoking, Going Back to School and Saving for Retirement
The new tax bill will reward you for having kids, quitting smoking, going back to school and saving for retirement. Ok, so it ain't flat and it ain't simple. This new tax plan will put some cash in your khakis if you do what Washington says you're...
In Search of a Killer: Inside the Global Manhunt for a CIA Shooter
Shortly after 8 a.m. on Jan. 25, 1993, a lone gunman calmly emptied his AK-47 into the windshields of several cars waiting in rush-hour traffic to turn into the main gate of the Central Intelligence Agency in Langley, Va. A pair of CIA officials,...
Mayhem at the Market: Netanyahu Blames Arafat for the Carnage. but Is Anyone Really in Control of the Terror Anymore?
West Jerusalem's busiest outdoor market looked like a summer garden party gone hideously wrong. Streams of blood trickled past heaps of ripe vegetables. Rescue workers scraped away the bright pulp of smashed watermelons as they searched for the bomb...
Measuring Madeleine
The early line on Albright: a secretary with great style, less substance. Now the Mideast looms. The Association of Southeast Asian Nations (ASEAN) is known for meetings as long and boring as its name. But that was before the Asian leaders met Madeleine...
Some Keys to Warding off Heart Disease
It may be the nation's leading cause of death, but it needn't be yours. How to counter the risk factors. Some cardiovascular risks are impossible to avoid. You can't change your age or your genes, and changing your sex is rarely worth the trouble....
Supermarket Solutions: Chains Are Being Lured into the Inner Cities with Sweet Deals. Are There Profits beyond the Suburbs?
Ellen Watson, 82, remembers when the only way she could get to the supermarket from her retirement home in Newark, N.J., was to take a special bus once a week. As if that weren't nuisance enough, the bus stayed at the store for only an hour, period....
The Heart Attackers
Scientists are finding a slew of new risk factors. Recognizing them could save your life. If you care whit about health, you can probably recite your cholesterol level in your sleep. Thanks to the tireless efforts of health officials and drugmakers,...
The Queen of Hearts Gives Up Her Throne: Purloined Purple Prose May Sink Janet Dailey
For writers who spend their workdays conjuring scenes of unbridled passion on the beach, in the mountains and everywhere in between, the annual Romance Writers of America conference is a chance to concentrate on the buttoned-down side of a business...
They Wear Pinstripes, Too
At the crack of the bat, Cleveland Indians general manager John Hart leaps off the sofa and races across his suite toward the door that leads to his skybox seats above Jacobs Field. "Get out, get out, get out!" he implores the baseball, adding an...
Uh-Oh, Maybe We Missed the Big Day
The Millennium is about to end, as everyone who reads this page knows well. What's less widely understood is that the counting to the year 2000 began with the birth of Jesus. But what scholars are quick to say--not intending to dampen millennial fever--is...
'We Have Done a Lot,' New to the Job, Yilmaz Has His Own Demands
Prime Minister Mesut Yilmaz also sees hope for improved relations between American allies Greece and Turkey. But in a wide-ranging interview with Lally Weymouth last week he made it clear that the issue of Cyprus remains difficult. He promised to undo...
Wombs with a View: For IQ, It's Not Just Genes but Prenatal Life, Too
For psychologist trying to understand how much of someone's appearance, temperament or IQ is the result of the genes he was born with, and how much is the result of parental influence, chance encounters, diet and everything else from the outside world,...