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 April 11

A Cool Head for Hot Tech; Why Would You Buy (or Hold) eBay at 65 Times Earnings, Apple at 67 Times Or-Giggle-Google at a Multiple of 125?
Byline: Jane Bryant Quinn (Reporter Associate: Temma Ehrenfeld) For investors in tech stocks, what's the "next big thing"? Giving up, I'd say. Google-mania rules the headlines (the company went public in August and the stock doubled in five months)....
A 'Striking' Fragile X Finding?
Byline: Mary Carmichael The genetic flaw called Fragile X has a suite of tragic symptoms--mental disabilities, autism and seizures among them. Like most developmental defects, it's permanent, or that's what doctors have assumed. Tom Jongens, though,...
Awaiting White Smoke; Now Comes the Conclave, a Blend of Prayer, Piety, Politics and Intrigue
Byline: Andrew Nagorski (With Edward Pentin and Barbie Nadeau in Rome Graphic by Andrew Romano) Forget trying to guess who the next Pope will be because no one, including the 117 cardinals who will elect him in their conclave, knows at this point....
A Wicked Curveball; No Judgments on Iraq Were Changed Due to Political Pressure, the Report Said. but Just How Hard Did the Commission Look?
Byline: Michael Isikoff When a Senate panel released a report last year on the disastrously bad intelligence on Iraq, it included an intriguing e-mail that showed how intensely the administration was looking for damning evidence against Saddam....
Beloved and Brave; Priest, Evangelist, Poet. Protector of the Poor and Defender of the Faith. John Paul II's Legend and Legacy
***** CORRECTION: In "Beloved and Brave" (April 11) we reported that Queen Elizabeth II was the first British monarch to visit a pope at the Vatican. In fact, her great-grandfather Edward VII did so in 1903. We also wrote that Pope John Paul II's...
Did Bolton Try to Intimidate Spies?
Byline: Mark Hosenball Bush critics in the Senate are hunting for evidence to derail or delay confirmation of State Department official John Bolton as U.S. ambassador to the United Nations. Foreign Relations Committee staffers are looking into charges...
Fast Chat: New York City at Its Nadir
Byline: Bret Begun Ladies and Gentlemen, the Bronx Is Burning," Jonathan Mahler's new city history, borrows its title from a line Howard Cosell delivered during the 1977 World Series, when ABC broadcast images of a raging fire in the vicinity of...
Finance: A Marriage Turns Ugly
Byline: Charles Gasparino It was a storybook marriage--the 1997 merger of Morgan Stanley and Dean Witter combined Morgan's blue-chip banking clients and Dean Witter's vast brokerage. During the boom, its stock and profits soared, and CEO Philip...
Freedom Matters; This Reporter Who Covered the Pope Had a Front-Row Seat, and He Watched Communism Fall
Byline: Andrew Nagorski The assessments are already rolling in, so let me be blunt about my own: I'm convinced John Paul II will go down in history as one of the greatest popes ever, whose intense spirituality, intellectual brilliance and sheer...
Hi-Tech's New Day; as the Technology Industry Recovers from the Dot-Com Bust, the Next Generation of Entrepreneurs Is Making Its Mark. Led by Google's Young Billionaires, a Hungry Group of Web Wizards Is Using New-And Not-So-New-Ideas to Transform the Internet and Actually Make Money
Byline: Brad Stone Josh Felser and Dave Samuel should be sailing the tropical seas in luxury yachts. The pair lived the dot-com dream, selling Spinner, their Internet radio start-up, to America Online for $320 million in 1999. After leaving AOL...
Leaders of the Pack; Many on the Front Lines of the Tech Revival Are Back for a Second Chance. Others Are Newbies Who Learned from the Mistakes of the Internet Bust. A Gallery of People with Some Big Ideas
Ben and Mena Trott Cofounders, Six Apart The husband-and-wife team who developed Movable Type, a tool for power bloggers, are entrepreneurial inspirations for the 'Web 2.0' crowd. The former high-school sweethearts (born six days apart in 1977)...
Living by Google Rules; Mining the Web Is Only Part of It. the Search Giant Faces Growing Pains and Fierce Competition
Byline: Steven Levy (Graphc by Andrew Romano) A couple of weeks ago, a prominent dot-com warrior gave me a hot tip about Google: the next big move of the search phenom would be an assault on eBay. Think about it. Millions visit the Google site daily;...
Mixed Signals on MEK
Byline: Mark Hosenball President Bush irritated some of the government's top spies with recent comments about Iran's nuclear ambitions. At a March 16 press conference, the president said Iran's hidden nuclear program had been discovered not because...
Newsmakers
Byline: Mark Starr, Johnnie L. Roberts, Devin Gordon Q&A: Johnny Damon His grand slam in last year's playoffs helped the Red Sox beat the Yankees--and their own 86-year curse. Outfielder Johnny Damon tells about that historic home run and...
Perspectives
Byline: Quotation Sources From Top To Bottom, Left To Right: Reuters, New York Times, CBS News--"60 Minutes," Associated Press, CNN.Com, Los Angeles Times, Associated Press (2), Austin American-Statesman, Britneyspears.Com "We all feel like orphans...
Remembering 'The Old Lion'; from Presidents to Rabbis, Personal Perspectives on the Pope They Knew
Byline: George H.W. Bush, Salah Kuftaro, Maciej Zieba, Mohammed Abtahi, Mikhail Gorbachev, Meir Lau, Daniel Ortega, Edward Kennedy, Corazon Aquino, Billy Graham George H.W. Bush, Former American President 'I always sensed his spiritual power.'...
Riding out Rising Prices
Byline: Linda Stern Here's a scary word: inflation. The fear that prices will get out of hand is spooking stock and bond traders, economists and anyone who doesn't want to see the price of a gallon of gas double and the buying power of his salary...
Terror Broker; Bin Laden Needed a Role in the Iraqi Insurgency, and Zarqawi Needed outside Support. How a Deadly Deal Was Made
Byline: Sami Yousafzai and Ron Moreau (With Mark Hosenball in Washington) Hardly anyone was more surprised by Iraq's insurgency than Osama bin Laden. The terrorist chief had never foreseen its sudden, ferocious spread, and he was likewise unprepared...
The Editor's Desk
Byline: Jon Meacham To the end, he was true to the words he spoke in the beginning. On Sunday, Oct. 22, 1978, at his inaugural mass as the 264th Bishop of Rome, John Paul II prayed: "Christ, make me become and remain the servant of your unique power,...
The Pope and the Surgeon; It Used to Be Said That a Person Who Dies 'Gave Up the Ghost. ' but Are We Still Confident That There Is a 'Ghost in the Machine'?
Byline: George F. Will A concatenation of three events last week--two protracted deaths and one literary birth--was, as a stimulus to reflection, remarkable. Or, some will say, providential. In a utilitarian, if humane, place, a hospice in Florida,...
The Pope in Private; A Serious Philosopher, John Paul II Also Had a Serious Sweet Tooth. A Very Personal Portrait
Byline: George Weigel (Weigel is the author of "Witness to Hope: The Biography of Pope John Paul II.") All lives run along a set of rails: family background, native abilities, education, interests and habits. Karol Wojtyla, Pope John Paul II, was...
Touching America; He Was Both a Critic and an Inspiration. How John Paul II Divided Our Nation with His Bold Stances
Byline: Melinda Henneberger For all of his grandfatherly warmth, Pope John Paul II was a dependably harsh critic of American culture. He disapproved of our consumerism. He opposed our wars. And though fiercely anti-communist, he argued for the kind...
'Tutoring' Rich Kids Cost Me My Dreams; It Took Me a While to Figure out What My Boss Already Knew: I Had Been Hired to Do Their Work
Byline: Nicole Kristal (Kristal lives in Los Angeles.) For three years, I was an academic prostitute. I ruined the curve for the honest and ensured that the wealthiest, and often stupidest, students earned the highest marks. I was a professional...