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 7

A Blue-Blood Battle Royale; Brooke Astor Had Always Been a Paragon of Dignity-Until Her Relatives Began Squabbling over Her Care
***** CORRECTION: CORRECTION: In "A Blue-Blood Battle Royale" (Aug. 7), we misidentified a picture of Brooke Astor due to inaccurate information provided by the photo agency. The image labeled "Astor modeling a gown in 1948" was of Minnie Cushing...
A Gang under Siege; They Were 'Saviors of the Senate.' but the Gang of 14 May Pay a Price at the Polls
Byline: Jonathan Darman and Holly Bailey Fran Dewine just wanted to talk about apple pie. Campaigning last month for her husband, Ohio Republican Sen. Mike DeWine, she handed constituents a family cookbook, complete with Mike's favorite pie recipe...
An Itchy Trigger Finger; Steven Green Went to Iraq Eager to 'Kill 'Em All.' the Army Thinks He Took Things Way Too Far
***** CORRECTION: In "An Itchy Trigger Finger" (Aug. 7), we mistakenly identified the GED as General Equivalency Degree. It stands for General Educational Development test. ***** Byline: Sarah Childress and Michael Hirsh (With Michael Hastings...
A Very Private Moment; More Companies like HCA Are Eliminating Pesky Shareholders and Avoiding Government Regulators
Byline: Allan Sloan (With Jessica Ramirez) Fashions on Wall Street come and go, but two forces are eternal: investors' never-ending search for higher-than-average returns, and Wall Street's never-ending search to make money from those investors....
A Winning Equation; How a Husband-and-Wife Team Used Clever Marketing-And Health Claims-To Turn a Weird Fruit into Liquid Gold
Byline: Andrew Murr Los Angeles entrepreneurs Stewart and Lynda Resnick know how to make money buying things, from oranges to fire alarms to the Franklin Mint. But they were stymied by what to do with a 100-acre pomegranate grove that came along...
Back-to-School Guide; 'The OC' Goes to College
This fall, everyone is gearing up for college--even the cast of "The OC." When America's favorite high schoolers were last seen, they'd just been handed their diplomas. And a brush with death. Marissa was killed in a tragic accident. Oh, well ... the...
Beliefwatch: The End?
Byline: Patton Dodds Explosions, rising body counts, wars and rumors of wars--for those given to wondering about the apocalypse, the news from the Mideast might be evidence that the end is nigh. As tensions rise, so does speculation among many Christians...
Extreme Makeover: The Briefing Room Edition
Byline: Holly Bailey It's probably the dream of every president: to banish the press corps from the West Wing. This week the Bush team will do it for real, kicking reporters out of the White House for a long-overdue rehab of the press briefing room...
Fast Chat: Research Reform
Byline: Geoffrey Cowley It's been a hot summer for the prestigious Journal of the American Medical Association. For the third time in two months, JAMA's editors learned belatedly that the authors of a published study had financial ties to companies...
History: How American Myths Are Made; Nations Need a Good Story Line to Learn How to Cope with Their Tragedies
Byline: Evan Thomas and Andrew Romano The story of workaday men and women rising to greatness is one of America's most cherished myths. As a term, myth is much misunderstood; hearing it, many people take the word to mean "lie," when in fact a myth...
Interview: 'I Had Made My Peace with God'; They Inspired 'WTC,' but They Would Rather Shine the Spotlight on Everyone Else
Byline: Jeff Giles Jeff Giles: What was it like to watch "World Trade Center"? Will Jimeno: When I walked out, I gave Oliver a big hug and a kiss, and I said, "You kept to your word. You told the story as accurate and as true as you could."...
Letters
As Instability Increases in the Middle East Readers of our July 24 cover story on the Middle East crisis found that it helped them better understand the situation in that troubled area. One said, "I've been studying your article for days, along...
Live Alone and like It; If You like to Be Alone, There's the Assumption That You're a Month Away from Becoming the Old Woman with the Weedy Yard and Decrepit House
Byline: Anna Quindlen Somehow I wound up leading the same summer life my mother led. With school over, the household was transplanted a hundred miles away, in a place defined by weather: silver sunlight, soaking rains, calamine lotion, citronella...
Natural Born Heroes; Many Artists Have Struggled to Capture 9/11. Now Oliver Stone Directs a True Story You'd Never Expect-And Won't Forget
Byline: David Ansen (With Sean Smith and Lorraine Ali in Los Angeles, and Joshua Alston, Jac Chebatoris, David Gates, Devin Gordon and Ramin Setoodeh in New York.) In Oliver Stone's "World Trade Center," on the morning of September 11, 2001, a Port...
Newsmakers
Byline: Nicki Gostin, Devin Gordon, David Gates John C. Reilly John C. Reilly costars in the Will Ferrell comedy "Talladega Nights." He spoke last week with NEWSWEEK's Nicki Gostin. You've been called this generation's Gene Hackman. How do...
One 'Reform' That Worked; the Welfare Overhaul of 1996 Has Helped Reduce Poverty. Why Can't We Duplicate This Sort of Pragmatic Progress in Other Areas?
Byline: Robert J. Samuelson President Bill Clinton signed the person- al Responsibility and Work Opportunity Reconciliation Act of 1996, better known as "welfare reform," on Aug. 22, 1996. A decade later, it stands as a rarity: a Washington success...
Perspectives
"I am not in any doping process." Tour de France winner Floyd Landis,' denying using any performance-enhancing substances after testing positive for high levels of testosterone. "Wow!" Rusty Yates, after his ex-wife, Andrea, was found not guilty...
Pounding the Keys; Inside Condi Rice's Hunt for Fresh Ways to Resolve the Mounting Tensions in the Mideast
Byline: Michael Hirsh There she was playing her Brahms sonata, while 5,000 miles away the Mideast burned. It was all too tempting for columnists to make snarky references to Nero and his fiddle, and a few did. But Condoleezza Rice clearly had more...
Television: Nick's New Righteous 'Brothers'
Byline: Jac Chebatoris Parents, get ready: Nickelodeon's new faux reality series, "The Naked Brothers Band," is coming for your children. The show, which debuts in January, promises to be a hit with both tweens and the swing-set set. It's about...
The Editor's Desk
Byline: Jon Meacham On a humid afternoon in Manhattan earlier this summer, a group of NEWSWEEK editors and writers had just finished an early screening of Oliver Stone's "World Trade Center." With characteristic cinematic skill, Stone re-created...
The First in the Family to Be Supersized; My Immigrant Mother's Infatuation with Fast Food Made Me Fat. She Couldn't Have Been Prouder
Byline: Jennifer Tang; Tang lives in New York City As a first-generation Chinese-American woman who wears a size 36D bra, I can personally testify to the power of the American fast-food diet. For generations, my family was short and my female relatives...
The Hard Disk That Changed the World; IBM Delivered the First Disk Drive 50 Years Ago. It Was about the Size of Two Refrigerators and Weighed a Ton
Byline: Steven Levy If there's a bottle of vintage champagne you've been saving, next month is the time to pop it open: it's the 50th anniversary of hard-disk storage. Don't laugh. On Sept. 13, 1956, IBM shipped the first unit of the RAMAC (Random...
'The Putting of First Things First'; the Revival of the Romance of the Antiwar Left Is a Potential Disaster for the Democrats. It's What Gave the World Richard Nixon in 1968
Byline: Jonathan Alter To the consternation of my children, I once spent an afternoon with Monica Lewinsky. It was at a Thanksgiving Day party in 2000, while the results of the presidential campaign were still unclear, and the subject of our conversation...
The Wedding March; Washington's High Court Dealt Gay-Marriage Advocates Another Setback. What's Next-For Both Sides
Byline: Debra Rosenberg and Karen Breslau For Seattle-area pastor and gay-marriage opponent Joseph Fuiten, there was little time to savor the good news. Within hours after the Washington Supreme Court ruled, 5-4, to uphold the state's ban on same-sex...
The Wider War; from Iraq to Al Qaeda, the Conflict between Israel and Hizbullah Is Resonating Far beyond the Battlefield
Byline: Christopher Dickey and Rod Nordland (With John Barry, Michael Hirsh and Richard Wolffe in Washington, Babak Dehganpisheh in Beirut, Kevin Peraino in Avivim, Joanna Chen in Jerusalem, Nisid Hajari and Maziar Bahari in Tehran, and Malcolm Beith...
This Week Online
Byline: A. Christian Jean Diane von Furstenberg NEWSWEEK: Does fashion still matter? President, Council of Fashion Designers of America: We are living in such a troubled world that fashion seems completely irrelevant. Yet it's a huge industry....
'Tipping Point'; Just Another Day in Ramadi: Another IED, an Ambush, One Dead Marine and a Couple of Lucky Ones. A Report from the Epicenter of the Insurgency
Byline: Scott Johnson Lance Cpl. Dustin Gross lay on a Ramadi street beside his wrecked Humvee, conscious but too badly injured to get up. The crew's gunner, momentarily knocked cold, slumped in the turret above him. Huge pieces of shrapnel and...