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. 152, No. 14, October 6

A Freddie Mac Money Trail Catches Up with McCain
Byline: Michael Isikoff and Holly Bailey Few advisers in John McCain's inner circle inspire more loyalty from him than campaign manager Rick Davis. McCain and his wife, Cindy, credit the shrewd, and sometimes volatile, Republican insider with rescuing...
A King of Agriculture
Cargill's CEO has to manage a vast set of businesses. Few companies are as well established as Cargill, the Minnesota-based agricultural powerhouse. Its history stretches back to the 1860s, and today it has 160,000 employees and more than $120 billion...
Arguing against the Atheists
Byline: Lisa Miller Hitchens was cruising for a fight. Over and over, the priest expressed his sympathy and agreement. Sometimes I argue in my mind against the new generation of professional atheists, and the arguments go something like this....
'Ask Not What You Can Do for Barack Obama, Ask What Barack Obama Can Do for You'
Byline: Jonathan Darman Dear Young Americans: I won't tell you how special you are because you've heard it before. For the past nine months, the mainstream media have showered you with adulation. Before the Iowa caucuses, Barack Obama's campaign...
A Teachable Moment
Byline: Howard Fineman Vice presidential debates, like vice presidents, used to be low voltage. Now they are prime time, big time. Why? Two words: Dick Cheney. In 2000 and 2004, his debate performances (he played the calm, well-informed dinner guest)...
At the Helm in the World's Hot Spots
One faces a deadly insurgency, the other confronts a belligerent neighbor. Two presidents on their perils. With the security situation in his country steadily deteriorating, and Taliban activity on the rise, Afghan President Hamid Karzai sat down...
At the Helm in the World's Hot Spots
One faces a deadly insurgency, the other confronts a belligerent neighbor. Two presidents on their perils. The world is divided between those who admire Georgian President Saakashvili's valiant attempts to bring democracy to his country and those...
Don't Keep Talking Happy Talk
Byline: Daniel Gross Yes, we have to be careful about crying "fire" in a crowded theater. But calling this a meltdown is like crying "fire" in an inferno. Having difficulty coping with financial stress? Forget Bernanke & Paulson. Think Rodgers...
Farewell, Election Day
Byline: George F. Will What kind of people will not vote if doing so requires them to get off their couches and visit neighborhood polling places? The sentiment expressed by a sly bumper sticker this year (EVERY DISASTER IS A CHANGE) is a cousin...
Flowers from Uncle Sam
Byline: Elizabeth Heubeck; Heubeck lives in Baltimore. I'd hoped the federal stimulus check would allow me to splurge a little. But the family budget didn't. Every time I step outside to water the flowers on my front porch, I am reminded of how...
From Clarence Thomas to Palin
Palin and Thomas are both casualties of an effort to create a country that measures diversity only in terms of appearance. When it comes to the perils of affirmative action, there's nobody as eloquent as Justice Clarence Thomas. In both his legal...
Got Insurance?
Why the candidates' plans might not deliver on universal health coverage Barack Obama and John McCain have put forth radical--and radically different--proposals to change the way Americans do, or don't, get health insurance. Is it really possible...
He Gave Liberalism A Good Name
Byline: Jeremy McCarter Lionel Trilling wasn't just a critic. He traced--brilliantly--the way our literary and political lives intersect. When the feuding tramps in "Waiting for Godot" trade insults, Gogo ends the exchange with a slur so vicious...
Leading the Green Charge
Byline: Christian Caryl and Akiko Kashiwagi Japan's automakers are zooming ahead in the eco-car race to market. Honda's new FCX Clarity feels like a perfectly ordinary car--which may well be the most shocking thing about it. Slip behind the wheel...
Love Me, Love My Mix Tape
Byline: David Ansen Think all teen movies are shallow? Meet 'Nick & Norah.' To anyone who grew up in the past three decades, it may seem as if Hollywood had been created to serve the youth market. Movies for, about and starring teenagers...
Love the New Skin You're In
Byline: Cathleen McGuigan ***** Correction: In "Love the New Skin You're In" (Oct. 6), we incorrectly said Edward DurellStone designed the U.S. embassy in London. In fact, the architect was Eero Saarinen. Stone designed the embassy in New Delhi....
My Blackberry as A Bomb Sniffer?
Byline: Benjamin Sutherland Expensive radiation detectors may not be as effective as widely distributed chips in cell phones. What do bananas, smoke alarms, toilets and large granite buildings have in common? They're all sufficiently radioactive...
Overlooked: The Littlest Evacuees
Byline: Sarah Kliff and Catharine Skipp Within hours of hurricane Ike's landfall in Texas, San Antonio officials had compiled precise statistics about their evacuee situation. They knew the city would need to care for 5,303 people (561 of whom had...
Palin Is Ready? Please
Byline: Fareed Zakaria McCain says that he always puts country first. In this important case, that is simply not true. Will someone please put Sarah Palin out of her agony? Is it too much to ask that she come to realize that she wants, in that...
Perspectives
"If money isn't loosened up, this sucker could go down." President George W. Bush, watching nervously as negotiations on the federal bailout plan hit partisan snags after he'd asked for congressional bipartisanship "I didn't know you were Catholic."...
Saving Face Goes Sour
Byline: Melinda Liu Could a New Zealand dairy trader have done more to prevent China's milk scandal? At press time, Sanlu Group milk products contaminated with the toxic chemical melamine had killed four babies, sickened 53,000 and triggered import...
Saving the World for a Latte
Byline: Keith Naughton and Daniel McGinn A startup is betting free coffees and groceries will encourage reluctant recyclers. It's trash day in Everett, Mass., and the streets are lined with garbage cans. But as a white truck rumbles through this...
So Where's the Epidemic?
Byline: Kathleen Deveny; With Karen Springen The number of families in our position is actually much smaller than you might think. It's become a rite of each school year, a masochistic little ritual that I can't resist. As soon as my daughter's...
The Books of John
McCain's editor on what he's learned from poring over a decade's worth of the senator's manuscripts. In the past 10 years, I've edited five books by John McCain and his longtime aide and collaborator, Mark Salter.aAt my urging, McCain and Salter...
The Editor's Desk
Byline: Jon Meacham Nearly half a century ago, in 1960, Arthur Schlesinger Jr., the Harvard historian and committed Democrat, wrote a book that, in retrospect, would seem to be among the least necessary volumes of the mid-20th century: "Kennedy...
The Monster That Ate Wall Street
Byline: Matthew Philips How 'credit default swaps'--an insurance against bad loans--turned from a smart bet into a killer. They're called "Off-Site Weekends"--rituals of the high-finance world in which teams of bankers gather someplace sunny...
The Slippery Art of Polling
Byline: Sharon Begley Young cell-phone-only users prefer Obama by 35 points, almost triple the spread among landline users. If quantity fostered quality, this year's polls asking "McCain or Obama?" would be the best in history: polls have proliferated...
The Tsunami That Changed My Life
Byline: Jet Li; Li is an actor and the founder of the One Foundation (onefoundation.cn). A famous Chinese actor almost lost his children during an island vacation. His world view changed, and he started a foundation dedicated to disaster relief....
The Verdict: A Legend
Byline: David Ansen Paul Newman played a lot of antiheroes, but his cool charm made viewers love him all the same. When Paul Newman turned 70, I asked him about the pros and cons of aging. "What's difficult about getting old," he said, with that...
The Vices of Their Virtues
Byline: Jon Meacham and Evan Thomas; With Holly Bailey and Richard Wolffe John McCain's impetuosity is either thrilling or disturbing. Barack Obama's cool is either sober or detached. It's clear now how each would govern. October came early this...
Time to Channel Cousin Frank
Byline: Jonathan Alter McCain's answer to the charge he's impulsive: so was Teddy Roosevelt, and look how he turned out. John McCain wants us to think he's a man of character when he's actually just a character. There's a big difference between...
To Postal Workers, No Mail Is 'Junk'
Byline: Caitlin Mcdevitt With revenues falling, the post office owes its future to stuff we throw out. These are tough times for the U.S. Postal Service. It's being pummeled by high fuel costs. The soft economy is crimping the overall volume...
'We Should Join Hands'
Chinese Prime Minister Wen Jiabao speaks out in his first interview with a major U.S. publication in years. In New York for last week's U.N. General Assembly opening, Chinese Prime Minister Wen Jiabao gave a rare interview to NEWSWEEK's Fareed Zakaria....
What If Obama Loses?
Byline: Allison Samuels African-Americans thought he had no chance--then they started to believe. Now they fear defeat. If you had tuned in to "The Michael Baisden Show" early last year, you would probably have heard the host talking mostly about...
Won't You Stay a Bit Longer?
Byline: Daniel Mcginn Hip, new extended-stay hotel chains cater to road warriors who expect amenities like flat-screen TVs, stainless-steel appliances and outdoor fire pits. It's cocktail hour in the lobby of the Element, a new hotel just off...
Worlds Apart
Byline: Michael Hirsh; With Suzanne Smalley, Holly Bailey and Richard Wolffe in Washington After last week's debate, it's obvious how different the foreign policies of Barack Obama and John McCain would be. What's less well understood are the key...