N.Y. 'Daily News' to Trade Biz News for Personal Finance

By: Jennifer Saba It's been only a few months since Michael Cooke came on board as the New York Daily News' editor in chief, and already he's making changes. Starting next week, the business section of the paper will shift focus from news to personal finance, E&P has learned.

Personal finance will dominate business coverage two days next week -- Monday and Wednesday -- before running daily the following week. The section will go through a slight redesign but will continue to run at 2 and half pages.

"It's desperately needed by our readers," Cooke, who was formerly editor in chief of the Chicago Sun-Times, told E&P. "Our readers need more help on how to send money home to Colombia or Mexico or Russia more than the shoving and pushing going on at Time Warner."

Yesterday the paper named Daniel Dunaief as business editor. His predecessor David Andelman resigned from the Daily News three weeks ago. Dunaief was deputy business editor prior to his new position.

Dunaief said that the department plans to focus its coverage on providing readers tips, guidance, and advice. The current columns will disappear, with the exception of Jean Chatzky, who writes on personal finance.

Business reporters Phyllis Furman, who covers media and entertainment, and Lore Croghan, who covers real estate, have agreed to stay.

Business reporter Paul Colford will stay with the Daily News but will eventually leave the media beat. He'll be transitioning from the business section to investigative reporting, he told E&P. "This is something I've been waiting to see happen for sometime," he said of his forthcoming new role. "I'm delighted."

Colford will join a team of senior reporters headed by newly appointed assistant managing editor, Richard T. Pienciak. Pienciak was formerly a senior correspondent with the paper and is now charged with leading six Daily News reporters under an investigative group.

"We're going back to our roots," Pienciak said. "[Investigative reporting] has always been a traditional strength of the News."

When asked if plans were underway for other sections of the paper, Cooke confirmed that will be "lots of changes," but declined to specify.


No comments on this item Please log in to comment by clicking here