Financial World magazine is founded by the spirited investigative journalist,
Louis Guenther, who made his reputation covering scandals in the oil industry.
Charles H. Dow, co-founder of The Wall Street Journal, dies
4 at his home at the age of 51 of an apparent heart attack.
Edward D. Jones, co-founder of The Wall Street Journal, sells the paper
to Clarence Barron, a WSJ correspondent in Boston. He lets his wife run it
until 1912, when he takes the helm.
Nations Business is launched.
Crain Communications is founded with the launch of Hospital
B.C. Forbes, a columnist for the New York American, founds Forbes
On May 9, Barrons, The National Financial Weekly, is launched with
Clarence W. Barron serving as editor. The weekly initially sold for $10 per
year or 20 cents a copy.
On Sept. 29, Washington journalist W.M. Kiplinger issues the first
The Kiplinger Washington Letter.
The Kiplinger Tax letter is founded.
Clarence Barron dies. His stepdaughter, Jane Bancroft, inherits The Wall
The Business Week launches Sept. 7 just seven weeks before The Crash.
A week before the stock market crash, The Wall Street Journals
Pacific Coast edition debuts in San Francisco and Los Angeles.
Fortune magazine is founded. The first issue is published in February weighing in
at more than 2 pounds and with 100 pages of advertising.
G.D. Crain creates Advertising Age. The first issue at 12 pages is
published January 11 and carries stories about printers and engravers winning a
five-day work week, how Pepsodent Co. and Quaker Oats were sponsors of daily
radio programs and the death of Ladies' Home Journal editor Edward W. Bok. On
Page One Rough Proofs, a column of briefs written by Copy Cub (Mr. Crain),
runs down the left side of the page.
The first Whats New column of The Wall Street Journal is written
by young Barney Kilgore.
The evening edition of The Wall Street Journal is discontinued.
Eric Hodgins named managing editor of Fortune magazine.
Sylvia F. Porter begins writing a periodic column in the New York Post on
financial news. A year later, she becomes the financial editor and writes a
daily column, S.F. Porter says. The paper uses her initials to hide the
fact that she is a woman.
The New York Financial Writers Association is founded in June with
Elliott V. Bell of The New York Times serving as the groups first
Barney Kilgore in February takes over as managing editor of The Wall
Street Journal. The publication has a circulation of 32,600.
William H. Grimes, managing editor and former Washington bureau
manager, is made editor of The Wall Street Journal.
On Dec. 8, The Wall Street Journal runs its first and only page-wide
banner, three-deck headline.
After six years writing as S.F. Porter, the New York Post allows its noted
financial columnist to use her real name as her byline, Sylvia F. Porter.
Barney Kilgore is promoted to general manager of The Wall Street
DePauw University graduate Barney Kilgore, 36, is named president of
Dow Jones & Company.
Joseph Livingston begins his economics survey that summarizes the
forecasts of economists from industry, government, banking and academia. That
survey, now known as the Livingston Survey, continues today.
The Kiplinger Magazine which later
Changing Times and today is known as Kiplingers Personal Finance
Magazine, was first published in January.
William Henry Grimes wins The Wall Street Journals first Pulitzer
Prize. His editorials in 1946 deal with the issues of business, labor and
The Wall Street Journal circulation tops 100,000.
The Southwest edition of The Wall Street Journal is established.
The Midwest edition of The Wall Street Journal is established.
March 11, Louis Guenther, founder of Financial World, dies at the age
The Wall Street Journal eliminates its Saturday paper. The Wall Street
Journal introduces its Electro-Typesetter, allowing typeset stories to be
sent over telephone lines to Journal plants in Dallas, Chicago and San
Francisco and eliminating retypesetting at the paper's satellite plants.
Fortune publishes its first Fortune 500.
James W. Michaels advances from associate managing editor to manaing
editor of Forbes in May.
After two terms in the New Jersey state senate, Malcolm Forbes is
defeated in the 1957 gubernatorial race by Robert Meyner, a Democrat.
Sylvia Porter appears on the cover of Time magazine on November 28, 1960.
James W. Michaels becomes editor of Forbes in July.
A microwave transmission from The Wall Street Journals San Francisco
plan allows the Riverside, California plant to produce the nations first
regularly and commercially printed facsimile newspaper.
Alan Abelson of Barrons writes his first Up and Down Wall Street
The Wall Street Journals circulation surpasses 1 million.
On Nov. 14, 1967, Barney Kilgore, 59, succumbs to cancer at his home
in Princeton, N.J.
On January 2 Reuters launched a corporate and financial news service
in the United States, signaling its intention to challenge the
long-entrenched Dow Jones news service.
Wall Street Week begins its long run on public television, hosted by Louis
Earl G. Graves launches Black Enterprise magazine.
Money magazine launches in October.
On Jan. 14, William H. Grimes, former editor and managing editor of
The Wall Street Journal, dies at age 79.
On Dec. 15, G.D. Crain, Jr., founder of Crain Communications Inc.,
dies at the age of 88.
Martin Mayers book, The Bankers, is published. It soon becomes a business
Sylvia F. Porters Money Book, first published this year, will sell more
than a million copies.
First issue of The Asian Wall Street Journal publishes.
Fortune goes from monthly to biweekly publication and adds editorial
offices in Chicago, Houston and Los Angeles.
The New York Times launches its Business Day section on May 17, 1978.
Crains Chicago Business at 46 pages hits the newsstands on Monday,
June 5 with a cover price of 50 cents and an annual subscription charge of
Bernard A. Goldhirsh, a former teacher and sailing enthusiast,
launches Inc. magazine in April.
Steven Brill, a 28-year-old lawyer who worked as a columnist under
legendary editor Clay Felker, founds American Lawyer. The magazine turns the
sleepy legal press on its ear with its in-depth, in-your-face reporting
style. It also become a training camp for a generation of top business
On January 22, Nightly Business Report, the first daily
evening business program, premieres as a 15-minute local program on public
televisions WPBT in Miami, co-anchored by the stations news director Linda
O'Bryon, managing editor Merwin Sigale and former stockbroker Paul Kangas as
stock market commentator.
Changing Times magazine, citing the escalating costs of producing the
publication, begins accepting advertisements for the first time in its
On June 23, the first two-sectional The Wall Street Journal publishes.
Larry Birger launches the Business/Monday section of the Miami
in July, and leagues of other newspapers in the ensuing years follow suit.
Marshall Loeb takes over as managing editor of Money magazine.
Crains Cleveland Business is published for the first time on March
31 as a fortnightly tabloid.
Financial News Network begins running 12 hours daily of business news.
Nightly Business Report goes national, airing on more than 120 U.S. public television stations.
Circulation for The Wall Street Journal exceeds 2 million.
Cheryl Hall named business editor for The Dallas Morning News.
On January 31, 1983 the first edition of The Wall Street Journal/Europe rolls
off the presses. A snowstorm the night before knocked out power at the
papers plant in the Netherlands and editors and press operators alike had to
work by candlelight and flashlights. Norman Pearlstine was founding editor
Investors Daily begins weekday publication, aiming to compete directly with
The Wall Street Journal.
In September Manhattan inc. publishes its first issue. The magazine
combined a hip attitude with a stable of talented writers to make business
topics sexy. Jane Amsterdam serves as its first editor.
Crains Detroit Business and Crain's New York Business debut within
weeks of each other.
Marshall Loeb become managing editor of Fortune. In his first
the magazine wins the National Magazine Award for general excellence.
Bernard Goldhirsh, founder of Inc. magazine, buys Dun's Review from
Dun & Bradstreet.
Dan Dorfman, a commentator on CNNs Moneyline, begins to write two
columns a week for USA Today.
On April 1 Dean Rotbart, a former reporter and columnist for The Wall
Street Journal, launches a newsletter decidated to covering the business news
profession. The Journalist and Financial Reporting (TJFR) later changes its
name to the TJFR Business News Reporter.
Merryle Rukeyer, whose career spanned more than 30 years, dies
December 21 at the age of 91.
Jane Bryant Quinn hosts the PBS series Take Charge!
On April 17 CNBC is launched.
Longtime financial reporter and columnist Joseph Livingston dies on
Christmas Day at the age of 84.
Newsweek magazine puts Time magazine on its cover on June 26 as part of
a story concerning the fight to acquire Time Inc.
Manhattan inc. is acquired from owner D. Herbert Lipson and changes
its name to M.
Business Month, formerly Dun's Review, which began in 1898, ceases
publication Oct. 31.
Personal finance columnist Sylvia Porter dies on June 5 at the age of 77.
Her career spanned 56 years.
Financial News Network signs off the air for good in May 1991. FNN
anchors Bill Griffeth and Sue Herera preside over the final broadcast.
Cheryl Hall returns to writing as a columnist for the Dallas
News with Ideas at Work.
Sheryl Hilliard Tucker is promoted to editor-in-chief of Black
Enterprise, a title held by Earl G. Graves since he founded the magazine. Mr.
Graves takes the titles publisher and editor.
Morning Business Report with Melissa Conti is launched as a
15-minute global business and market news program.
Mandatory retirement forces Marshall Loeb to step down as managing
editor of Fortune and become editor-at-large.
The Washington Posts revered columnist, Hobart Rowan, dies on April 13.
Cable News Network launched its CNN/fn sister network on December 29.
Dan Dorfman is fired in January from Money magazine after a controversy
surrounding his refusal to disclose his sources to his editor.
TJFR names Paul E. Steiger, managing editor of The Wall Street
Journal, its first Business Journalist of the Year.
The Wall Street Journal Interactive Edition, wsj.com, is introduced
on the Internet.
Black Enterprise receives the FOLIO: 1996 Editorial Excellence Award
for Business/Finance, winning over 370 entrants.
Jane Bryant Quinn co-hosts with Andy Tobias the PBS eight-part series
Beyond Wall Street.
TJFR names John W. Huey, Jr., managing editor of Fortune
magazine, its Business Journalist of the Year.
After a 96-year run, Financial World magazine ceases publication in June.
Weekend Journal, a fourth section of the Wall Street Journal, that appears on
Fridays, is launched.
On March 20, The Wall Street Journal publishes its first weekend
TJFR names Neil F. Budde, founding editor of The Wall Street
Journal Interactive Edition, its Business Journalist of the Year.
TJFR names Bill Sing, business editor of The Los Angeles
Times, its Business Journalist of the Year.
Nightly Business Report celebrates its 20th Anniversary the week of January 18, with a live broadcast from the floor of
the New York Stock exchange by co-anchors Paul Kangas and Susie Gharib. The
program now airs on more than 270 US public TV stations and internationally
via USIA Worldnet satellite network and Armed Forces Television satellite
Lou Dobbs, host of Moneyline, abruptly leaves CNN on June 7.
The Wall Street Journal Sunday, an original weekly package of articles
and information focused on personal finance and careers, makes its debut in
10 leading metropolitan newspapers.
Please feel free to share with us important events that you think should be included in a definitive timeline of business news in the 20th century. E-mail email@example.com.