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. 8, February 24

7000! So When to Sell?
Top 12 signs it's time to get out of the market ENOUGH ABOUT THE DOW ALREADY. We all know the Dow Jones industrial average cracked through 7000 last week, just four months after breaking 6000. We also know that this means the Dow has risen 75 percent...
A China Connection? How Charges of Clinton Campaign Sleaze Could Turn into a Spy Scandal
How charges of Clinton campaign sleaze could turn into a spy scandal FOR A YOUNG POLITICO ON THE in Washington, there are some customary stops: the lobbyist-filled restaurants on K Street, the catered fund-raisers on Capitol Hill, maybe even a receiving...
'As I Find out More, I'm Very Proud.' (Background of Secretary of State Madeleine Albright)(Interview)
An exclusive interview with Madeleine Albright SECRETARY OF STATE MADELEINE Albright has long been known for her Czech ancestry. Recently, it's been disclosed that three of her grandparents were Jews killed by the Nazis. Raised as a Catholic, Albright...
A Surgeon's Challenge: We Need to Better Than the 'Slash, Burn and Poison' Approach to Breast Cancer
We need to do better than the 'slash, burn and poison' approach to treating breast cancer THINK THE NIH WAS RIGHT ON TARGET; the available data does not support a blanket recommendation on mammography screening for women under 50. Each woman in...
Beyond the Mammogram: New Imaging Techniques Will Make Tumors More Visible, but the Real Challenge Is to Prevent Them
New imaging techniques will make tumors more visible, but the real challenge is to prevent them MAMMOGRAPHY has its uses, but it's a crude way to fight breast cancer. The test misses up to a fourth of all tumors in women with dense breasts, and...
Defection in Beijing
If Hwang tells all, it's disaster for the North HWANG JANG YOP, NORTH KOREA'S top ideologue, told colleagues in Beijing that he was going to a department store. Instead he embarked last week on one more mission to change the world. A taxi dropped...
Expanding the Inn Crowd
Can hip hotelier Ian Schrager go mass market? IT'S SUNDAY MORNING, AND TRAFFIC has slowed to a crawl just outside the Mondrian hotel, on a thoroughfare so jaded--L.A.'s Sunset Strip--it's hard to stop traffic for anything. A 200-foot-high crane...
Family Secrets: From Hidden Adoptions to Hushed-Up Romances, That Which You Don't Know Still Has the Power to Hurt You
From hidden adoptions to hushed-up romances, that which you don't know still has the power to hurt you. KNOWLEDGE IS power in Washington, and none are more powerful than those who traffic in the secrets of state. For 25 years Madeleine Albright...
Lost Highway
Lynch goes from 'Twin Peaks to double trouble WITH Lost Highway, DAVID LYNCH you bananas. His films ("Blue Velvet," "Wild at Heart") and his groundbreaking TV series "Twin Peaks" fused reality with dreams. In "Lost Highway," reality has become a...
Mammogram War
A decision not to recommend breast X-rays for younger women has sparked controversy, fear and a new look at this imperfect medical tool. CATE BELLANCA AND BARBARA BRENNER ARE both in their 40s, and both have had breast scares. But that's where the...
Oh, Give Me a Home Where the Monitors Roam
WELCOME TO THE Rose residence." That's what visitors hear when they approach the front door of Michael T. Rose's home in Potomac, Md. The greeting is not offered by Rose, however, but by the house itself. Rose's automated residence takes care of a...
Rookies of the Year
Whenever we hear some celebrity complaining about the high cost of fortune and fame, we can't help thinking, Sit down. Shut up. There's more where you came from. It's nearly spring, so how about a little positivity? Meet some great new faces who are...
Roots Network: Millions of Americans Seek Their Ancestors in Record Books, Cemeteries and Cyberspace
Millions of Americans seek their ancestors in record books, cemeteries and cyberspace. BY MARC PEYSER AND CLAUDIA KALB WHEN DORIS DICKENSON decided to dig for her father's roots after her parents died, she had only one tool: the name and address...
Scenic Overlooks: Frederick Law Olmsted's Landscapes Have Taught Us How to Think about Nature for 100 Years
Frederick Law Olmsted's landscapes have taught us how to think about nature for 100 years IF A NOVELIST MADE UP A CHARACTER like Frederick Law Olmsted, no one would believe it. One of those aimless young men of promise who never finish what they...
Showing His True Colors: An Online Chat Underscores the Bigotry That Persists, Even among the Educated
An online chat underscores the bigotry that persists, even among the educated I WAS ECSTATIC WHEN MY MOTHER FINALLY TURNED OFF THE information dirt road and bought a PC a couple of years ago. Last summer she went all out and signed up for America...
Soldiers of Misfortune
White mercenaries fight long odds for a dictator KISANGANI AIRPORT LOOKED like a staging area for a modern war. A helicopter gunship took off in a riot of noise and dust. Two more MI-24 Hind chopper and three Italian-made Macchi jet fighters sat...
Still as Slippery as Ever
A psychopath who stalked the 'hippie trail' will Walk CHARLES SOBHRAJ IS A self-confessed serial killer, torturer, poisoner, thief and jailbreak artist, Last week he also proved to be a pretty good attorney. The magistrate in the overcrowded New...
The 'Fu Manchu' Problem: Why America and China Tend to Think of Each Other as Cartoonlike Enemies
Why America and China tend to think of each other as cartoonlike enemies. THE GREAT GAME OF THE 19th century goes on. The phrase was Kipling's, the stakes dominion in the East, the players British and Russian. Now the fight for influence in Asia...
The Jefferson Enigma; He Is the Most Fascinating of the Founding Fathers, in Part Because of the Conflict between His Life and His Ideals
He is the most fascinating of the Founding Fathers, in part because of the conflicts between his life and his ideals WHAT ARE WE TO MAKE OF THOMAS JEFFERSON? OF ALL the Founding: Fathers, he is the most enigmatic and the most fascinating. His virtues...
The Money Solution: Payoff and Payback Are Playing Too Big a Role in Justice and Punishment
Payoff and payback are playing too big a role in justice and punishment SUDDENLY IT IS BEING SAID THAT WE NEED MORE forgiveness in Washington. I think that we have, if anything, too much of it now. I don't mean forgiveness of crimes and lesser trespasses...
The Spy Who Scrubbed Me
An Iowa town resists industrial espionage ON A SPRING DAY IN THE DROWSY town of Newton, Iowa, a man in a red T shirt appeared at Jim and Laurie Sprouse's front door with a strange request: could he measure their laundry room? He claimed to work...
Turbulence Still Ahead
Clinton delays a strike for now, but the fight between American Airlines and its pilots isn't over MOST OF AMERICAN AIRLINES' pilots were trained in the armed forces, and last week they set up a war room in Grand Prairie, Texas. As the Friday strike...
'You'll Just Die Tired.' (Law Authorities' Message to the Killer of Child Beauty Contestant JonBenet Ramsey)
In Colorado, the authorities vow that JonBenet's killer can't keep running from them forever THE MEETING TOOK PLACE THURSDAY afternoon, at the same hour Boulder County District Attorney Alex Hunter was on national television grimly vowing that the...