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 August 14

A Key Collar in Phoenix; Two Shooting Suspects Down, One Serial Rapist to Go
Byline: Jennifer Ordonez The shooters' targets could have been virtually anyone walking alone in the Phoenix area. Police say Samuel John Dieteman and Dale S. Hausner had a pet name for the terror they wrought as they allegedly shot 24 people, six...
A Tax Band-Aid for J&J's Big Deal
Byline: Allan Sloan How would you like to be able to buy Listerine or Rolaids or Sudafed and get Uncle Sam to give you a tax break of 25 percent on the purchase price? You can't do that, of course. But Johnson & Johnson, the giant health-care...
Beliefwatch: WWBD?
Byline: Alana B. Elias Kornfeld and Valerie Reiss The lights are so dim at Tao Asian Bistro, a Manhattan restaurant and bar, you can barely read the menu to see the ingredients in your $12 Tao-tini cocktail. Above all the flirting, drinking and...
Can He Fill Fidel's Boots? A Lot of People in the United States Are Hoping Raul Castro Doesn't Get Comfortable
Byline: Joseph Contreras and Arian Campo-Flores (With Carmen Gentile in Miami) Ordinary Cubans could only wonder whether Fidel Castro was alive or dead. They had no news photos of their 79-year-old leader convalescing from his reported surgery last...
Celebrating the Pity of Brotherly Love; My Older Brothers Tortured Me as a Child. Now I Know It Was the Best Kind of 'Tough Love' There Is
Byline: Andrew Koritz Krull (Krull lives in Ames, Iowa.) Everyone has seen the sitcoms where the older brother gives the younger brother a friendly punch in the arm once in a while, or a "noogie" here and there. I envy that younger brother; I never...
Chasing Down a Killer's Story; A Venerable Cold-Case Squad Probes a Convicted Murderer's Claim to 48 Victims
Byline: Paul Tolme (With Ace Atkins in Mississippi and Jennifer Ordonez in Los Angeles) Former FBI and CIA agent Charlie Hess hadn't expected to spend his golden years chasing killers. He was happily retired from crime fighting, living his dream...
Exclusive: Iraq-Plans in Case of a Civil War
Byline: Richard Wolffe and John Barry The Bush administration insists Iraq is a long way from civil war, but the contingency planning has already begun inside the White House and the Pentagon. President Bush will move U.S. troops out of Iraq if...
Eye for an Eye; Israel Shadow-Boxes with a Surprisingly High-Tech Foe. Inside the New Hizbullah
Byline: Kevin Peraino, Babak Dehghanpisheh and Christopher Dickey (With Richard Wolffe, Michael Hirsh, Dan Ephron and John Barry In Washington And Matthew Kalman in Jerusalem) Hizbullah's fighters were as elusive last week as they were deadly. Thousands...
Foreclosures for Sale
Byline: Linda Stern Bargain-hunting bloggers are calling it the perfect storm: the combination of rising interest rates, variable-rate mortgages and a soft housing market is resulting in a wave of foreclosures that could turn tidal. Banks started...
Guest Column: How to Stress Less
Byline: Dean Ornish, M.D. Middle East meltdown. Global-warming meltdown. Nuclear meltdown. You can't always change what's going on in the world, but there is a lot you can do about how it affects you: Exercise: Physical exercise is a great way...
Lights! Camera! Incision! the Brave New World of Live Surgery on the Internet
Byline: Elise Soukup It looks like a taping of "ER." A surgeon stands over a patient, scalpel in hand, ready to perform a high-tech spinal operation. He has a team of professionals supporting him--two anesthesiologists, four nurses and an X-ray...
My Favorite Year; Boomers Were the First to See All Their Athletic Heroes Perform Live on TV. Our Sports Correspondent Remembers Some of the Greatest Hits of the Past 50 Years
Byline: Mark Starr I can't pretend to remember anything my dad said to me that triumphant afternoon. My guess is some affirmation of the eternal triangle of fathers and sons and baseball. I do remember racing home from school, across open fields...
Nasrallah's Men Inside America; Prosecutors Suspect Hizbullah Has Fund-Raising Cells in the United States, but Not Terrorists-So Far, That Is
Byline: Dan Ephron and Michael Isikoff (With Jamie Reno in San Diego, John Sparks in New York and Mark Hosenball in Paris) It began, as the Feds tell the tale, with a run-of-the-mill tax-fraud scheme. Imad Hammoud and his ring of Lebanese Americans...
Newsmakers; Road to Redemption-Or Highway to Mel?
Byline: Sean Smith Mel Gibson had a miserable week. Arrested early on July 28 for driving drunk--he was doing more than 85mph in a 45mph zone in Malibu, Calif., with an open bottle of tequila in the car--the star ranted to police, "F---ing Jews...
Perspectives
Byline: Quotation sources from top to bottom, left to right: New York Daily News, Washington Times, Daily Mail (U.K.), New York Times, Reuters, Si.Com, CNN, BBC, The Washington Post, Webmd.com "I woke up and ... I thought I was in an oven." Brooklyn,...
Pilgrim's Progress; in the Twilight, Billy Graham Shares What He's Learned in Reflecting on Politics and Scripture, Old Age and Death, Mysteries and Moderation. A NEWSWEEK Exclusive
Byline: Jon Meacham Earlier this summer, on a warm Carolina evening, Billy Graham awoke in the middle of the night. He had been asleep in his bedroom at the end of a long hall off the main part of the log house he and his wife, Ruth, have lived...
Prepay Your Way to College; A Plan That's Simple, Provides Peace of Mind-And Gives Buyers Equal Access to Federal Student Aid. What's Not to Like?
Byline: Jane Bryant Quinn (Reporter Associate: Temma Ehrenfeld) How have your investments done since the 2000 market bust? Up 40 percent? Probably not. But I'll tell you where you might have gotten that kind of return: from a conservative, prepaid...
Progress in A Cauldron? 'We Jews,' Said Golda Meir, 'Are Used to Collective Eulogies, but Israel Will Not Die So That the World Will Speak Well of It.'
***** CORRECTION: In "Progress in a Cauldron" (The Last Word, Aug. 14) Golda Meir is inaccurately identified as Israel's prime minister during the 1967 Six Day War. In fact, it was Levi Eshkol. ***** Byline: George F. Will Cascading events...
The Editor's Desk
Byline: Jon Meacham The iced tea was sweet--it was, after all, the South in summertime--and the house cool and dark as NEWSWEEK's Charles Ommanney prepared to photograph the Rev. Billy Graham in the evangelist's mountaintop home in North Carolina....
The FDA: Not All Going According to Plan
Byline: Julie Scelfo The idea to make Plan B, an emergency contraceptive, available without a prescription to women 18 and older was supposed to smooth Food and Drug Administration Acting Commissioner Andrew von Eschenbach's way to becoming the...
'We Are at War'; for Israel's Shimon Peres, Victory Means Keeping Hizbullah Away from Lebanon's Southern Border
Byline: Lally Weymouth Israel's vice prime minister Shimon Peres, the last of his country's founding fathers, has served in every position from prime minister to minister of Defense. Last week, while in the United States to lobby for support for...
You've Got ... a Company to Fix! Jeff Bewkes Had a Lot to Say about AOL's Problems. Guess What? Now He's in Charge of Solving Them
Byline: Johnnie L. Roberts Jeff Bewkes wasn't very good at keeping his comments to himself. In 2000, when Bewkes was the CEO of HBO, he was critical of America Online's plan to purchase his network's parent company, Time Warner, for $182 billion...