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. 25, June 23

A Dynasty in Decline
JOE KENNEDY WAS IN A BIND. FOR weeks, the 44-year-old congressman and eldest son of Robert F. Kennedy had been dodging allegations that he had long known about his brother Michael's affair with a family baby sitter. With Joe's polls sinking, NEWSWEEK...
A Faltering First Step
Can exercise saucers hinder development? THE EXERSAUCER BABY PLAY GYM seems ideal for busy parents. With suspended seats and trays full of toys at tots' fingertips, the Exersaucer and similar "stationary activity centers" keep kids amused and out...
A Good Investment
People with disabilities do a better job because we have something to prove. Don't write us off. I HAD WORKED IN CONSTRUCTION FOR MORE THAN 22 YEARS. As a site manager, I was used to being out in the open, organizing workers and materials and getting...
A Looming Disaster? Russia's Crumbling Arsenal Is More Than Worrisome
Russia's crumbling arsenal is more than worrisome THE IMPULSE STATE Scientific Production Association sits in a drab, unfinished office building half an hour from the center of St. Petersburg. Inside the entrance, two women listlessly cheek identifications;...
A Simmering Scandal: Under Suspicion for Statutory Rape, Michael Kennedy Finds Himself at the Mercy of a Teenage Babysitter
Under suspicion for statutory rape, Michael Kennedy finds himself at the mercy of a teenage babysitter THE YOUNG WOMAN was a regular babysitter for Michael Kennedy's three children. She may have been Michael's illicit lover as well. Now she must...
A What-If Problem
With the cold war over, the United States no longer worries about a first strike from its old enemy. The problem now is an accidental Russian missile launch. SIXTY FEET BELOW THE FLATLANDS of North Dakota, Lt. Chris Quaid sits behind a four-foot-thick...
Complications in the Case: Inside the Confusing - and Increasingly Tense - JonBenet Murder Probe
Inside the confusing and increasingly tense JonBenet murder probe HE CALLED IT THE WAR ROOM, AS the JonBenet Ramsey murder investigation headed into its sixth frustrating month, Boulder, Colo., District Attorney Alex Hunter wanted to make sure that...
Dissing Customers: Why the Service Is Missing from America's Service Economy
Why the service is missing from America's service economy CLAES FORNELL'S LATEST HORROR story began with one of life's little jolts. "Sorry, your flight's been canceled," said the gate attendant in Detroit. Fornell had booked a seat on Northwest...
Ev3
En Vogue, minus one, returns with 'EV3' THE MEMBERS OF EN VOGUE REALLY sort of like each other, and they're about to prove it. Terry Ellis, Cindy Herron Braggs and Maxine Jones are in an L.A. studio, finishing remixes for their new album, "EV3."...
Farewell Pretoria: A Pepsi Surrender Irks Some Prominent Blacks
A Pepsi surrender irks some prominent blacks WHEN PEPSI RETURNED TO POST-APARTHEID South Africa, it arrived with pop diva Whitney Houston. In late 1994, Pepsi cosponsored her charity tour. But the bigger news, which PepsiCo gleefully trumpeted,...
Fat Tax, Skinny Tax
A vote against Bill Archer's fiscal new look WHAT DO NECKTIES AND TAX POLICIES have in common? No, not that both of them make you feel like you're choking. Rather, the real answer is that if you wait long enough, out-of-style neckties and policies...
Haute Cuisine Heats Up
New York's dining scene is putting on the glitz THE ENTREES HABE BEEN CLEARED, it's almost time for dessert and now the waiter arrives with a little dish of candy. One of the sweets is a chocolate wafer, paper-thin. You take a bite and encounter...
High Stakes in Hong Kong: America Will Protect Its Own Interests and Support the Region's People Long after July 1
America will protect its own interests and support the region's people long alter July 1. AT MIDNIGHT ON JUNE 30, AFTER MORE THAN 150 YEARS, Hong Kong will once again become part of,China. Under the principle of"one country, two systems, Beijing...
Hot Picks for the Home Office
These are a few of our favorite things. READ IT WHILE IT'S HOT AS SOON AS THIS ARTICLE'S finished, I'm going on a long vacation--without a computer. But I'll still be able to check my e-mail messages from anywhere in the world--- yen an Internet...
How We Did It
In 1980, several years after leaving Harvard to found Microsoft, Bill Gates decided he needed help running the still-fledgling business. He turned to Steve Ballmer, a brilliant, hard-charging college classmate who had worked at Procter & Gamble...
'I Have Made a Very Long and Difficult journey.'(Israeli Prime Minister Benjamin Netanyahu)(Interview)
Israel's Netanyahu predicts he will ultimately reach a peace settlement with the Palestinians One year ago this week, Benjamin Netanyahu became prime minister of Israel. Today he's under attack from all sides. The right claims he's making too many...
London's Brave New Globe: Shakespeare's Original Theater Is Re-Created at Last
Shakespeare's original theater is re-created at last I'M SORRY, YOU CAN'T GO TO THE LOO before the queen arrives," says the usher. You don't hear that on Broadway. Last week the theater officially called Shakespeare's Globe had its gala opening...
My Best Friend's Wedding
JULIANNE (JULIA Roberts), a food critic, and Michael (Dermot Mulroney), a sportswriter, are former lovers, current best friends and about to turn 28. Once they made a vow that if neither had fallen in love by 28, they would marry each other. Now Michael...
Never Say You're Sorry: Exclusive: His Career Unharmed, a Top Politician Tells about His Affair with an East German 'spy.'(Karsten Voigt, Brigitta Richter)
Exclusive: his career unharmed, a top politician tells about his affair with an East German 'spy' IT'S A COLD-WAR LOVE STORY, WITH A happy ending worthy of the new world order. In 1987, a prominent West German politician meets and quickly falls...
O.J. Goes on the Record
In an exclusive interview, Simpson talks about his kids, his finances and how he dreams of Nicole AT FIRST O. J. SIMPSON INSISTED TO me the interview would be short. He was busy. His family was in town. He was taking his son Justin for a haircut....
On the Brink
IT WAS A PLAN SO FAR AHEAD OF ITS time that it took a 100-year flood to make it happen. The 1980 management plan for Yosemite National Park, designed to "return the Valley to as near its natural condition as possible," called for removing more than...
Summer 'Shock Therapy.'(remedial Summer School Programs Help Improve Academic achievement)(Brief Article)
More and more kids are learning instead of loafing FOR MANY PARENTS, THE LETTER from the Denver public schools would have been a crushing blow. But Cynthia Martinez was actually pleased to hear that her 8-year-old daughter, Rikki Gonzales, would...
Taking Dead Aim at Disney
Even as Disney's 'Hercules' flexes its muscles, rival studios are spending $1 billion on animation in a do-or-die assault on the Magic Kingdom YOU'D THINK THAT JEFFREY Katzenberg of all people, would have known better. The former head of Disney...
The Family Business: National Politics Is Becoming a Matter of Blood - and Now It's the Kids' Turn
National politics is becoming a matter of blood-- and now it's the kids' turn. IT WAS ST. PATRICK'S DAY, AND THE whole family of Democratic Washington was jammed into the Augustan drawing rooms of the Irish Embassy. In one were sons and aides to...
The Life of the Party
RUPERT EVERETT INSISTS HE doesn't steal "My Best Friend's Wedding" from Julia Roberts, and he's not someone you want to argue with. A few years ago, a woman found his performance in Noel Coward's "The Vortex" hard to hear. She sent him a note to...
The Verdict: Death
The jury simply didn't buy McVeigh's defense and decided he should die THE MOOD INSIDE THE JURY ROOM solemn and sometimes tearful: at one point or another, all of the seven men and five women deciding Tim McVeigh's fate were reduced to tears by...
Tragedy at the Prom
Why did a teenager hide her pregnancy and then deliver and dump the baby between dances? THE NEWS DARTED ACROSS Lacey Township, N.J., like a new Camaro. Minutes after a high-school senior arrived at her prom on June 6, she gave birth in a bathroom...
What the Stars Say: Floods, Sex and Bette Midler
NOBODY KNOWS WHAT tomorrow may bring. But that doesn't mean no one claims to. Seers and soothsayers are polishing their crystal balls, ginning up their star charts and tuning in the vibes of the next millennium. Psychics may not have Ph.D.s--or even...
You Can Make Money on the Web
Ever dreamed of making a million bucks on the Web? We talked to four small businesses to find out what it takes. IN THE SUMMER of 1995, Jeff Bezos and his wife, MacKenzie, decided to risk it all on the Internet. They opened a cyberb0okstore named...