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 July 29

A Dynasty's Dilemma: The War's Gone Well, but the Economy's Hurting. Sound Familiar? as the Markets Fall, No. 43 Has to Learn the Lessons That Ended His Dad's Career
Byline: Jonathan Alter and Howard Fineman Dan Bartlett, the White House communications director, is a careful, businesslike aide--a corporate-style Texan who favors charcoal gray pinstriped suits and white shirts. So when he moved into the choice...
And Now for A Hot Flash
Byline: Anna Quindlen Want to clear a crowded room? Try starting a discussion about menopause. I know; I did it several times before I got the message to sit down and shut up. Or, as one friend finally leaned in at lunch to say, sotto voce, "Just...
Armani, Andy and Apple: At MacWorld, Jobs Unveiled a Bigger iMac, a Roomier iPod, and a New Store in Trendy SoHo
Byline: Steven Levy Steve Jobs and New York's SoHo district are a natural fit. Both are icons in the nexus where taste, art and commerce all meet. Like SoHo, Apple CEO Jobs has evolved from scruffy beginnings to prosperity while maintaining a quietly...
Blood, Sweat & Pastry: The World's Best Chefs Met in Las Vegas to Battle It out in an Olympics-Style Competition. and When the Sugar Cleared, There Was Only One Winner
Byline: Devin Gordon There is no pastry-chef equivalent of seppuku, the ritualistic method of suicide for shamed samurai, but if there were, Jean-Philippe Maury looks about ready to commit it. For 13 hours over the last two days he has guided the...
Building Castles in the Clouds: Could the WTC's Leaseholder Take the Money and Run?
Byline: Steven Brill There are lots of stories of heroism and sacrifice related to September 11. This is not one of them. Since September 11, New York real-estate mogul Larry Silverstein, 70, has been in the headlines as the man who "owns" a 99-year...
Call Me Crazy, but I Have to Be Myself: I Want to Be Part of the 'Normal' World, but I Also Need to Be Open about Being Bipolar
Byline: Mary Seymour Nearly every day, without thinking, I say things like "So-and-so is driving me crazy" or "That's nuts!" Sometimes I catch myself and realize that I'm not being sensitive toward people with mental illness. Then I remember I'm...
Greed R.I.P. (for Now): The High Priest of Capitalism Scourges a Deadly Sin. If 'Infectious' Avarice Is a Spiritual Illness, No One May Get a Clean Bill of Health
Byline: David Gates On the one hand, Alan Greenspan said the merely obvious last week during that speech to Congress in which he claimed "an infectious greed" had contaminated American business. "It is not that humans have become any more greedy...
Lawyer: Lindh 'Wanted to Go Home': The American Taliban's Lawyers Speaks about His Client and His Case
San Francisco Attorney James Brosnahan relishes a good courtroom battle. But last week he negotiated a plea bargain for John Walker Lindh, sparing the 21-year-old Californian a potential life sentence on terrorism and conspiracy charges in return for...
Mail Call: The Tricky Quest for a Good Night's Rest
Eager to share their own issues with sleeplessness, many readers responded to our July 15 cover. "Your articles were quite good and most welcome on what is finally becoming recognized as a serious public-health issue," said one. "You delineate nicely...
Money: More Perks with Your Plastic: Make Your Credit Cards Work for You
Byline: Linda Stern After years of flooding mailboxes with offers of low introductory rates, credit-card companies have realized consumers aren't biting anymore. So marketers have hit on a new strategy: promise free stuff! Not a bad idea, right?...
Newsmakers; Ron Howard's Last Stand at the Alamo: The Alamo Remembered, Julia Childs Celebrates 90 Years, and It's Baby-Time on Sex and the City
The story of the Alamo is a tale of two factions at war, a brutal siege, demands for capitulation and angry recriminations. And we're talking about the making of a new Disney movie, not the 1836 battle against Santa Anna. Just a few months before Oscar...
Perspectives
Byline: Quotation sources from top to bottom: Washington Times, MSNBC, CNN (2), New York Daily News, CNN (3), New York Times "What I did was a matter of record, but what I want is the whole record out." Bill Clinton, on whether his presidential...
Photography: See What You Can't Show: The New York Historical Society Will Show Photos of Recovery Efforts at Landfill
After 9-11, Richard Press took 12,000 photos of the recovery efforts at Fresh Kills Landfill and the Chief Medical Examiner's Office; 24 will be shown at the New York Historical Society starting this week. The former N.Y.C. forensic photographer talked...
Reading All about It: As the Talk Shows Rush in to Fill the Gap Left by Oprah, Book Groups Are Still Finding Plenty of Best Sellers on Their Own-Especially If Pink T Shirts and Tiaras Are Involved
Byline: Malcolm Jones They take it so personally. When the members of Urban Pages, an interracial Cleveland book group, start discussing "The Heat Seekers" by Zane, they talk about the characters in the novel as though the fictional folks were in...
Real Estate: Home Sweet Piggy Bank? the Dangers of Buying Stock against Your Home
Byline: Jane Bryant Quinn Three years ago the Quinns paid off their mortgage. We took a windfall out of the stock market, wrote a check and kissed the biggest debt of our lives goodbye. I hadn't a clue that the market would soon commit suicide....
Report from a City of Ruins: A Review of Bruce Springsteen's Latest Album, "The Rising"
Byline: David Gates After such pieces of jingo cheerleading as Neil Young's "Let's Roll" and Paul McCartney's "Freedom," the idea of rock-and-rollers "responding" to September 11 seems like opportunistic kitsch. But if anybody could lend it credibility,...
The Editor's Desk: Mark Whitaker Reflects on the Shaky Stock Market and the President's Response
Byline: Mark Whitaker Like a lot of people, I really started to worry about the stock market last week. My carefully diversified 401(k) plan includes six different stock funds, but five were down by double digits. The stock of my employer, The Washington...
The Late Great Wall: A Wonder of the World Is Vanishing, Unable to Resist the Destructive Forces of Nature and Economics. What Can Be Done to Save It? A Tour of the Ruins
Byline: Melinda Liu The Great Wall of China can't quite match the myths that have grown up around it. Still, the truth is astonishing enough. The Chinese call it the Long Wall of 10,000 Miles--an exaggeration, even though its actual length would...
The Real Price of the Slide: The Market Has Dropped by a Dizzying $7.7 Trillion since Its Peak. Will Falling Stocks Cause a 'Double Dip' Recession-Or Will the Rising Economy Help Salvage Our Investments?
Byline: Robert J. Samuelson With stocks falling and scandals rising, the death of the "new economy" has given us an unintended history lesson in both the glories and the delusions of American capitalism. The wild ride of the past decade recalls...
The War for Your TV: Digital Video Recorders like TiVo Let You Watch Shows When You Want to Rather Than When the Programmers Decide. the New Replay DVR Even Lets You Automatically Skip Ads and Allows You to Trade Shows Online. Now the Nets Are Striking Back
Byline: Brad Stone Mark Rogowsky has no idea when the weirdly popular Food Network show "Iron Chef" actually airs, though he watches every episode. Ditto with the WB's "Smallville." "The West Wing" is on Wednesday night at 9 o'clock--but for Rogowsky,...
What Beyonce Wants: She's Overcome All Those Wild Rumors, Lawsuits and Too Many French Fries. Now She's Ready for Her Close-Up as Austin Powers's Foxy Sidekick
Byline: Allison Samuels Beyonce Knowles is not pleased. The 20-year-old lead singer of Destiny's Child wants something to read while a stylist weaves her curly, honey-blond hair into a funky ponytail. More specifically, she wants the August issue...
When Kids Go Missing: The Latest in a Series of Child Kidnappings Has the Nation on Edge. but Take Heart: This Is Not an Epidemic
Byline: Andrew Murr The two hang gliders had come to the national forest near Riverside, Calif., to enjoy the brilliant skies, but instead stumbled on a scene straight out of hell. "We found a dead body," the caller sobbed frantically to the 911...
You've Got New Management: With Its Stock Dropping and Online Business Dwindling, the Old-Media Types Are Back on Top at AOL Time Warner
Byline: Johnnie L. Roberts Avoiding "Sex" was a sure sign that the marriage of AOL Time Warner was in trouble. Last Tuesday, top company execs were supposed to show up for a welcome break from the relentless gloom of AOL's sagging stock price: premiere...