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 March 21

A Good Knight for Sony; Howard Stringer Takes over a Struggling Japanese Legend
Byline: Steven Levy Howard stringer was about to embark on a round of Oscar weekend partygoing when he got the call from Japan: Sony's chairman and CEO Nobuyuki Idei was stepping down and vice chairman Stringer, who is based in New York, was the...
A Google to Go; Kayak.com Wants to Be a Not-So-Rough Guide
Byline: Steven Levy What with Expedia, Travelocity, Orbitz, Priceline, Hotels.com and every airline, hotel chain and car-rental place hosting its own site, you would think that the last thing the world needs is another travel destination on the...
A Puzzling Problem; CEOs Worry about a Weak Dollar, but They Also Complain That Tough New Regulations Are Hurting America's Competitiveness
Byline: Keith Naughton (With Jennifer Ordonez) Tupperware CEO Rick Goings wants America to throw a new kind of party, where "decadent desserts" are made with his company's kitchen gadgets. But his marketing budget is being diverted instead to auditors...
A Safe Haven's Risks; A Crisis, like a Large-Scale Terrorist Attack, Might Send Investors Fleeing from Dollars to Other Currencies
Byline: Fareed Zakaria The economics of the dollar make perfect sense. As other countries--notably in Asia--grow in wealth, they need to put their money somewhere. U.S. Treasuries are the obvious choice. Doing this keeps U.S. interest rates low,...
Beware the Quiet Bear; Sure, Stocks Have Made Some Gains in Recent Years. but the Fifth Anniversary of Some Historical Highs Is a Good Time for a Long View of the Market, and Our Expectations
Byline: Allan Sloan (Sloan is NEWSWEEK's Wall Street editor. His e-mail is sloan@panix.com.) It seems like only yesterday that the bull market was in full stampede, with the Nasdaq market above the magic 5000 mark and even nonsexy indicators like...
Blogging beyond the Men's Club; since Anyone Can Write a Weblog, Why Is the Blogosphere Dominated by White Males?
Byline: Steven Levy At a recent Harvard conference on bloggers and the media, the most pungent statement came from cyberspace. Rebecca MacKinnon, writing about the conference as it happened, got a response on the "comments" space of her blog from...
Bottom Dollar; the Greenback's Fall Is Stoking Fears of a Global Crisis. Behind the Slide: A World Economy Wildly out of Balance
Byline: Robert J. Samuelson (With Melinda Liu in Beijing) There's been plenty of good news of late about the U.S. economy, so let's start with that: employment is expanding (2.4 million new payroll jobs in the last year); inflation remains low (less...
Capital Ideas
Byline: Jane Bryant Quinn How to use credit cards is the second most-important talk to have with your kid. The minute new college students hit campus, they're peppered with offers, which they'll almost certainly take. It's up to you to explain the...
Children of the Fallen; over 1,000 American Kids Have Lost a Parent in the Iraq War. Who They Are, and How They're Coping
Byline: This story was written by Jerry Adler with reporting from Debra Rosenberg, T. Trent Gegax, Pat Wingert, Daren Briscoe, Hilary Shenfeld, Kiyoshi Martinez, Dirk Johnson, Jamie Reno and Andrew Horesh They were prepared to die, even the truck...
Does Crazy = Success?
Byline: Anne Underwood Do a Google search for "manic" and "businessman"--and you get nearly 18,000 hits. A psychologist at Johns Hopkins Medical School thinks he knows why. It's not just that these folks are go-getters. According to clinical assistant...
Fun for Fingers; Games for Cell Phones Have Become Big Business. Get Ready for the Next Wave of Mobile Interactive Play
Byline: Brad Stone Mitch Lasky has a serious addiction. In recent years the CEO of L.A.'s Jamdat Mobile, a company that develops games for mobile phones, has challenged hundreds of other gamers to Bejeweled, a head-to-head brain twizzler. In it,...
Game over in Colorado; A President Resigns amid Controversy and Highlights the Growing Pressure on Public-University Executives
Byline: Barbara Kantrowitz and Karen Springen (With Paul Tolme in Boulder) In nearly five years as president of the University of Colorado, Elizabeth Hoffman racked up an impressive list of accomplishments. A skillful fund-raiser, she increased...
Get Some Sleep; Worrying about Jet Lag Might Make Anybody Stay Awake
Byline: Anna Kuchment (Graphic by Josh Ulick and Karl Gude) Christopher Lotz, an attorney from San Antonio, Texas, has his travel routine down to a science. Three days before a transatlantic flight, he begins going to bed and waking up earlier,...
Girls' Night out Gets Smart; from Cheyenne to Manhattan, Teenage Girls and Their Mothers Are Gathering for Honest Talk on a Surprising Topic: Books
Byline: Lauren Picker It could be a book group like any other. Fourteen friends and neighbors are gathered in Janet Boltax's Montclair, N.J., living room, discussing a novel. Conversation, frequently punctuated by laughter, flows as freely as the...
It Sure Isn't like Motel 6; Boutique Hotels Still Aim for Chic. but It Doesn't Hurt to Have Wireless Internet and a Bed You Can Sleep In
Byline: Brad Stone Firas Raouf is a road warrior. The chief operating officer of the southern California computer-security firm eEye travels one week a month. So it almost goes without saying that the 38-year-old Raouf has strong feelings about...
Jihad Express; for Islamic Militants in Europe, Iraq Far Outshines Afghanistan as an Urban-Terrorism Training Ground
Byline: Christopher Dickey (With Tracy McNicoll in Paris, Stefan Theil in Berlin, Jacopo Barigazzi in Milan and Babak Dehghanpisheh in Baghdad) The most fanciful park in Paris, and one of the least known, set among the city's poorest immigrant neighborhoods,...
Justice: Going out the Front Door; despite Frantic Warnings from Intelligence Agencies, France and Britain Are Letting Some Very Scary People out of Jail
Byline: Mark Hosenball Ahmed Ressam's lawyer expects him to be locked up a long time. "Anything less than 20 years would be a miracle," says Tom Hillyer. The Algerian's nervous tics caught a U.S. Customs inspector's eye as Ressam arrived from Canada...
Money: So Where Did It Go?
Byline: Michael Isikoff The FBI is trying to trace what happened to $2.5 million in payments to a conservative Washington think tank that were routed to accounts controlled by two lobbyists with close ties to House Majority Leader Tom DeLay, NEWSWEEK...
Newsmakers
Byline: Jac Chebatoris, David Gates, Nicki Gostin If She's So Rich... No, We Won't Say It What's a man's worst fear when his granddaughter is the richest girl in the world? Probably that some older lothario (married, with a child, no less) will...
No Joystick Required; A Company Turns Hit PC Titles into Old-Style Board Games
Byline: Peter Suciu As a 10-year sales veteran of the industry, Glenn Drover knew the wonders of computer games. Through the magic of bits and bytes, he could lead a worldwide empire, take on the role of swashbuckling pirate or even possess supernatural...
Paradise Re-Lost; Writer-Director Rebecca Miller and Her Husband, Daniel Day-Lewis, Create an Extraordinary 'Ballad.'
Byline: David Ansen When we first meet the title characters in Rebecca Miller's stunning "The Ballad of Jack and Rose"--the intense, rail-thin Jack (Miller's husband, Daniel Day-Lewis) and the ethereally beautiful young Rose (Camilla Belle)--their...
Perspectives
Byline: Quotation sources from top to bottom, left to right: Washington Times, The Hill, Fox News (2), Reuters, CNN, Reuters, GQ Magazine, SI.com, Associated Press, New York Daily News "At last, clearly and suddenly, the thaw has begun." President...
Ruffling Feathers; an Undiplomatic Diplomat May Tip the Balance on Iran
Byline: Michael Hirsh and Richard Wolffe (With Eve Conant and John Barry) John Bolton didn't particularly want this job. And Condoleezza Rice didn't especially want to be introducing Bolton as America's next ambassador to the United Nations, some...
Spring for Broadway
Byline: Raina Kelley Missed Christo's "The Gates"? Not to worry. Come to New York this spring and you can still see killer rabbits, Denzel in Valentino and a flying car. Broadway is about to open its best season in years, with lots of promising...
Stray Dog Seeks Love; Petfinder.com, a Database of Homeless Animals, Has Developed a Cult Following among the Soft of Heart
Byline: Vanessa Juarez I've got the goods: character, spunk, irresistible charm. I'm a country boy at heart. And people call me Patch. Sounds like some dude trying to steal the hearts of single women on Match.com, doesn't it? Actually, Patch is...
The Battle for Latino Souls; Pentecostal Churches Are Using Savvy Marketing to Attract Traditionally Catholic Hispanics. A Holy Struggle in Chicago
Byline: Arian Campo-Flores Five years ago, Esperanza Hincapie had sunk into a pit of despondency. With a daughter in prison for murder, she contemplated swallowing a mouthful of pills to blot out her heartache. Then four Hispanic ladies from Rebano...
The Buck Stops Here; Everyone Seems to Think the Dollar Will Keep Falling. That's Probably a Good Reason to Suspect It Won't
Byline: Allan Sloan Betting against the U.S. dollar seems like a sure way to make money. After all, the dollar's been falling for years, and as traders say, "The trend is your friend." Then there's Warren Buffett, the leading investor of our time,...
The Editor's Desk
Byline: Mark Whitaker We don't think of this magazine as an anonymous package of news. We think of it as a home for distinctive reporters and writers, with deep expertise and original voices. We let you know who we are with bylines on stories and...
The Green Machine; Whole Foods Has Come a Long Way since Its Hippie Roots. with 168 Stores and Nearly $4 Billion in Revenue, It's a Foodie Chain That's Now Mainstream
Byline: Daniel McGinn Annual meetings can be a dangerous place for chief executives. You never know when a Michael Moore-style protester will grab the microphone and start heckling. If that happens, the standard procedure is for the boss to listen...
The Riddle of Hizbullah; When Is a Terrorist Not a Terrorist? Ask the Administration
Byline: Daniel Klaidman and Kevin Peraino (With Eve Conant) The street party in Martyrs' Square had dwindled to a few stragglers. By early last week, the thousands of young Lebanese protesters who had gathered in downtown Beirut were temporarily...
This Baseball Season, Just Take Me out; Spring Training Is Underway Yet Again, but One Brokenhearted Fan Is Searching for a New Pastime
Byline: Matt Villano (Villano lives in Half Moon Bay, Calif.) I've had it. I'm done. After a life-time of love for the game of baseball, I'm hanging up my voice box and resigning as a fan. I've canceled my family's season tickets. I refuse to attend...
Torture: Bush's Nominee May Be 'DOA'
Byline: Michael Isikoff A Pentagon report last week absolved top Defense officials of any blame for abuse of prisoners in Guantanamo Bay, Afghanistan and Iraq. But the inquiries--and the political fallout--are not over. NEWSWEEK has learned that...
Walker on the Wild Side; We've Been Waiting for Master Swiss Architects Herzog & De Meuron to Leave Their Mark on an American City. the Place: Minneapolis. the Time: Very Definitely Now
Byline: Cathleen McGuigan As everyone knows, winter is still blasting the Midwest, and besides the blustery snow, a giant ice cube has landed in Minneapolis--and it's not going to melt by spring. "A big ice cube for Ice City," jokes the avant-garde...
We're Missing Some Senators; There's the Subtext: Women Are Expected to Ask Nicely for Human Rights, and to Say 'Please.' A Little Lipstick Doesn't Hurt Either
Byline: Anna Quindlen A question in honor of Women's History Month: what does the United States have in common with Brunei, Somalia, Sudan and Oman? The answer: we are among only a handful of nations on earth that have refused to ratify the United...
Won't Get Fooled Again; Villaraigosa Seeks Vengeance in L.A.'S Mayoral Rematch
Byline: Andrew Murr Antonio Villaraigosa has been in this boxing ring before. Heading out of a victory in the L.A. mayoral primary four years ago, the former California Assembly speaker with the thousand-watt smile seemed to think he'd easily knock...