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 April 18

Brutus on Broadway; et Tu, Denzel? Washington Shakes Up Shakespeare
Byline: Allison Samuels Denzel Washington wants--no, needs--to explain why he's shown up for breakfast in a New York City cafe wearing a pink necktie. "I want you to know I didn't pick this tie out," he says as he takes his seat. "I mean, it's not...
Capital Ideas
Byline: Jane Bryant Quinn If you expect to inherit an Individual Retirement Account or leave one to heirs, listen up. An IRA's tax shelter can last as long as its beneficiaries do. They can take lifetime incomes while letting the IRA investments...
Complex and Contradictory; Perhaps the Most Telling Thing about His Papacy Is That He Has Been Mourned by Millions Who Acted Contrary to His Directives
Byline: Anna Quindlen St. Andrew's or St. Bernadette's?" asked the stranger on the train. "St. Andrew's," I replied. Part of the last generation of Americans who grew up cocooned by Roman Catholicism, the two of us nodded in mutual understanding....
Die, Software! Salesforce.com's Leader Talks about Microsoft, Philanthropy and Why CEOs Should Tell Stories
Byline: Steven Levy The not-exactly-thrilling world of enterprise software, which manages the workings of corporations and monitors their client relationships, paradoxically generates larger-than-life executives in its own ranks. Think Larry Ellison,...
Diplomacy: Temptations of 'Virgin Soil'; the Vatican Is in the Market for Lost Souls. China Is Looking for Recognition. after the Death of John Paul II, Is a Deal Possible?
Byline: George Wehrfritz and Katharina Hesse (With Jonathan Adams in Taipei) Li Zhongmin sits on a bed, smoking. The first clue that the bedraggled 54-year-old isn't your average Chinese farmer is the portrait of the Virgin Mary pinned to the wall...
Emancipation Proclamation; Mariah Carey Vocalizes with Critic Lorraine Ali about the High (and Low) Notes on Her New CD
Byline: LORRAINE ALI Mariah Carey has a nickname, Mimi, and a new theme--freedom. The singer's eighth album, "The Emancipation of Mimi," is an attempt to leave behind all her baggage (i.e., an oppressive marriage and some commercial failures) and...
From Harvard to Las Vegas; Prof. Gary Loveman Left the Ivory Tower to Run a Casino. Now the Harrah's CEO Heads Up the World's Largest Gaming Empire
Byline: Daniel McGinn (With Steve Friess in Las Vegas) If you fly into the Las Vegas airport, grab a cab and ask the driver to take you to the town's most fabulous casino, you might arrive at the door of Mandalay Bay, which has a giant shark aquarium,...
Giving Kids Candy Is Anything but Sweet; Parents Who Want Their Children to Eat Healthy Are Fighting a World Eager to Fill Them with Sugar
Byline: Dave Beasley (Beasley lives in Wheaton, Ill.) The grade-school children in my neighborhood love their elderly bus driver. Every Friday morning they patiently climb onto the bus and accept a gift from him--a lollipop, piece of gum or some...
History: A Roosevelt Mystery
Byline: Jon Meacham Sixty years ago this week, when Franklin D. Roosevelt passed away in Warm Springs, Ga., his doctors attributed his death to a cerebral hemorrhage linked to high blood pressure and congestive heart failure. There have, however,...
How Hamas Wins Voters; the Fundamentalists Offer a Defiant Message, Social Services and Good Toilets
Byline: Kevin Peraino (With Nuha Musleh and Samir Zedan in the West Bank) Imad Awad stands toward the back of Bethlehem's Manger Square, where a few hundred supporters of the Islamist group Hamas have gathered in advance of the town's municipal...
How We Drive Our Jobs Away; the Most Recent Government Action in American Health Care Has Made Things Much, Much Worse. the Result: A Fiscal Black Hole
Byline: Fareed Zakaria (Write the author at comments@fareedzakaria.com.) Which part of North America makes the most cars? If you answered Michigan, you would have been right for 100 years. But you would not be right anymore. Last year the Canadian...
In the New Game of Tag, All of Us Are It; Will Free-Style Information Tagging Lead to Anarchy? Early Results Are Showing Quite the Opposite
Byline: Steven Levy Melvil Dewey had it easy. In 1876, when he created his famous system of ordering information, the Dewey Decimal Classification System, there weren't Web sites, video clips or blogs. Today's digital world--where millions of items...
Is It Buzz or Merely the Noise of a Pest?
***** CORRECTION: CLARIFICATION : In the April 18 ENTERPRISE ("Is it Buzz...?"), we reported on word-of-mouth marketer BzzAgent. While the company does use teenagers, it does not do so exclusively. ***** Byline: Linda Stern CLARIFICATION...
Legal at Last; after Years of Romance and Scandal, Weeks of Complications and a Final Delay in Deference to the Pope, Charles and Camilla Finally Make It Official. Love the Hat
Byline: Barbara Kantrowitz (With Ginanne Brownell in London) It took more than three decades, countless illicit assignations, two divorces and then perhaps a bit of divine intervention to keep threatened rain away. But last week, under clear skies,...
New Blood, Ancient Wounds; Iraq Now Has Something to Celebrate: Elected Leaders. but They Oversee a Nation Teetering toward Civil War
Byline: Owen Matthews (With Mohammad Haydar in Baghdad) Karim and Harith have a strict rule whenever they meet at their parents' north Baghdad house: don't talk politics. No one in the family wants the brawl that would likely erupt between the two...
Newsmakers
Byline: Nicki Gostin, Marc Peyser, Devin Gordon Q&A: Matthew McConaughey Matthew McConaughey's perfect teeth and abs are currently costarring with his perfect girlfriend, Penelope Cruz, in the popcorn pleaser "Sahara." He chatted with NEWSWEEK's...
No Joke: CEOs Do Some Good; the True Transformation of CEOs Is Not the Plunge from Grace. It's a Slow Evolution That, despite Excesses and Mistakes, Has Served Us Rather Well
Byline: Robert J. Samuelson They've gone from heroes to bums. Hardly a day passes when the press or prosecutors don't thrash some corporate CEO for alleged managerial blunders or accounting illegalities. The insurance mogul Maurice (Hank) Greenberg,...
Not Quite A Wrap; the Governator's Agenda Suffers a New Plot Twist
Byline: Karen Breslau Like millions of California Democrats, Wendy Bokota voted for Arnold Schwarzenegger, even though he is a Republican. "I thought he could make a difference," she says. But her flirtation was short-lived: when Schwarzenegger...
Perspectives
Byline: Quotation Source: Associated Press, Dallas Morning News, New York Post, Associated Press (2), The Washington Post, CBS, New York Times, Los Angeles Times, Wisconsin State Journal "We are the generation of John Paul II." Mara Poole, an...
Playing Rope-a-Dope; Harry Reid's Strategy: Let the GOP Punch Itself Out
Byline: Howard Fineman There's nothing fancy about Harry Reid, the Democratic leader in the Senate. Sartorially, he is a symphony in brown. He hails from a Nevada eye-blink called Searchlight, but isn't at ease in the spotlight. "I would just as...
Politics: Bush's Energy Plan-Start Talking
Byline: Richard Wolffe and Tamara Lipper Two numbers have dominated White House discussions about the president's domestic agenda in recent days: rising gas prices and the president's falling approval ratings. While much of Washington has been trying...
Prayers for New Life; Catholics Celebrate a Legacy, and Contemplate Many Difficult Choices Ahead
Byline: Lisa Miller and Christopher Dickey (With Edward Pentin in Rome; Eric Unmacht in Indonesia; Karen MacGregor in South Africa; Mac Margolis in Brazil; Ron Moreau in India; Joseph Contreras in Miami; Pat Wingert in Washington, D.C., and Julie Scelfo,...
Regulators Muscle Up; There's New Competition for the Title of Toughest Cop on Wall Street. Even Warren Buffett Is Feeling the Heat
Byline: Charles Gasparino Talk about a smackdown. Eliot Spitzer, New York's crusading attorney general, was speaking to a group of lawyers a couple of years ago, after his sweeping investigation of Wall Street's conflict-ridden research practices....
Saul Bellow, 1915-2005
Byline: David Gates "The Adventures of Augie March" may or may not be, as both Martin Amis and Salman Rushdie have suggested, the Great American Novel, but Saul Bellow came as close as anyone in his time to being the great American novelist. If...
Shanghai Surprise; the Wild 'Kung Fu Hustle' Boasts an Asian Superstar
Byline: David Ansen Stephen Chow's "Kung Fu Hustle," which is set in a make-believe Shanghai of the '30s, tips its hat to the Hong Kong martial-arts movies of Bruce Lee and Jackie Chan while zooming into the 21st century via "Matrix"-style digital...
Technology: Armed for the Road
Byline: Peter Suciu (With Bruce Jaffe) Your house is loaded up with gadgets, but how about your briefcase? These days, more tech companies are trying to sell business travelers on portable printers, scanners and more. How will you know what to lug...
The Editor's Desk
Byline: Mark Whitaker John Paul II was in just the second year of his papacy when Christopher Dickey covered his first trip to the United States, in 1979. At the time, the new pope was a figure of remarkable vitality and strength, combined with...
The Fix Is in; President Bush Has Set Up a Panel to Entertain New Ideas for Reforming Our Federal Tax System. but If History Is Any Guide, the Conclusions Are Already Set. A Sneak Preview
Byline: Allan Sloan Now that the 15th of April is almost upon us, you're likely to be either licking your wounds from filling out tax returns or obsessing about the imminence of tax day. Maybe even both. You may have gotten all sorts of bad news,...
Trapped by a Killer for 10 Years
Byline: Dirk Johnson and Carol Rust For a decade, the disappearance of Bobbi Parker remained a mystery. Was she abducted and being held hostage by Randolph Dial, a murderer who had escaped from an Oklahoma prison? Or was Parker, the wife of the...
Wi-Fi Clouds Arrive; Could the Day Soon Be Here When an Entire City Is Wired for Wireless? Portland, Ore., and Philadelphia Are Saying It'll Happen Next Year
Byline: John Ness Nobody doubts the benefits of Wi-Fi broadband technology. No longer is a computer user tethered to a wire in order to surf the Web. All you need is to be within range of a Wi-Fi hotspot, and thousands are sprouting up--at airports,...
With Friends like These. A Lunchtime Chat with a Lobbyist Close to Tom DeLay Suggests He May Be Headed for Hotter Water
Byline: Michael Isikoff Jack Abramoff was somber, bitter and feeling betrayed. Once a Washington superlobbyist, Abramoff is now the target of a Justice Department criminal probe of allegations that he defrauded American Indian tribes of tens of...