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Writing Business News for the Web (Day 1)

Date post: 02-Dec-2014
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Jacqui Banaszynski presents "Writing Business News for the Web," a business journalism Webinar hosted by the Donald W. Reynolds National Center for Business Journalism. For more information free training, please visit http://businessjournalism.org.
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WRITING BUSINESS NEWS WRITING BUSINESS NEWS FOR THE WEB FOR THE WEB Online, On Deadline and Beyond
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Page 1: Writing Business News for the Web (Day 1)

WRITING BUSINESS NEWS WRITING BUSINESS NEWS FOR THE WEBFOR THE WEB

Online, On Deadline and Beyond

Page 2: Writing Business News for the Web (Day 1)

WRITING TO PURPOSE WRITING TO PURPOSE ANDAND PLATFORMPLATFORM

“Yep, text still matters.” ONA 2009

Effective writing is defined by:◦The audience you are trying to reach◦The message you are trying to deliver◦The medium (platform) you are using

Page 3: Writing Business News for the Web (Day 1)

BEAUTIFUL BUT …BEAUTIFUL BUT …

Not long after we moved to Paris, in the fall of 1995, my wife, Martha, and I saw, in the window of a shop on the rue Saint-Sulpice, a nineteenth-century engraving done in the manner, though I’m now inclined to think not from the hand, of Daumier.

◦ By ADAM GOPNIK, from “Paris to the Moon”

Page 4: Writing Business News for the Web (Day 1)

CHALLENGESCHALLENGESSubject and verb delayedMultiple phrases and clausesMultiple informational stopsMultiple points of view

◦External: ‘saw’◦Internal: ‘think’

Page 5: Writing Business News for the Web (Day 1)

DESCRIPTIVE BUT…DESCRIPTIVE BUT…

From the frothy cups of cappuccino to the stylish furniture, from the musicians’ stage to patrons surfing the Internet on their laptops, the room exudes the vibe of a hip coffeehouse.

But it’s a McDonald’s. As in Big Macs, golden arches and a certain fright-wigged clown.

Page 6: Writing Business News for the Web (Day 1)

SIGNIFICANT, BUT…SIGNIFICANT, BUT…A former United Airlines ramp-

services supervisor was awarded $3 million Friday, after a U.S. District Court jury in Denver found she was retaliated against because she complained of sex discrimination.

Jennifer McInerny, 37, of Centennial, was terminated from her job at United in March 2006 after 12 years at the company.

United spokeswoman Megan McCarthy on Friday said the company does not “tolerate discrimination in any form, and we are pleased the jury ruled in our favor on the discrimination claim. We are reviewing our options, including potential appeal, on the matter.”

Also, she noted that the award to McInerney could be reduced.

Page 7: Writing Business News for the Web (Day 1)

SCAN and SKIP READING SCAN and SKIP READING HABITSHABITSLess than 30 seconds on a home page

Less than one minute on an interior page

◦ SOURCE: HOA LORANGER Director, Nielsen Norman Group, San Diego Presented at ONA, October 2009

Page 8: Writing Business News for the Web (Day 1)
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Page 10: Writing Business News for the Web (Day 1)

KEY ELEMENTS OF NEWS-WRITING KEY ELEMENTS OF NEWS-WRITING FOR FAST WEB READINGFOR FAST WEB READING

PriorityClarityEfficiencyBrevityTransparencyAudience-think (common sense)

Page 11: Writing Business News for the Web (Day 1)

1. SIMPLE, DIRECT 1. SIMPLE, DIRECT SENTENCESSENTENCES

Subject-Verb-ObjectActive verbsClear subjectsKeep subjects and verbs linkedMinimal compounds

One main fact per sentence

Page 12: Writing Business News for the Web (Day 1)

PHRASE SEPARATES SUBJECT-PHRASE SEPARATES SUBJECT-VERBVERB

TCF Financial Corp., the bank that turned retail banking upside down two decades ago when it introduced "totally free checking” accounts, will soon put an end to them.

Page 13: Writing Business News for the Web (Day 1)

CLUTTERED WITH CLUTTERED WITH PHRASESPHRASES

Manasota Goodwill opened its third area bookstore last week in Venice and, last month, its first art gallery off Clark Road in Sarasota, reflecting a growth of niche retailing for the nonprofit thrift chain.

The bookstore concept, started in Sarasota a decade ago, has been so successful, with about 300,000 books sold last year, that Goodwill personnel are flying as far as Reno, Nev., to teach other Goodwill chains how to start their own.

SARASOTA HERALD-TRIBUNE, January 2010

Page 14: Writing Business News for the Web (Day 1)

DELAYED POINTDELAYED POINTWhat do the Dallas Cowboys, about 100 race

horses, a set of skull and bones, casinos in Nevada, and the rights to a couple of films called "And They're Off" about race horsing and "Grizzly II: The Predator" starring Charlie Sheen have in common?

They were assets once owned by the Federal Deposit Insurance Corp during some of the worst bank failures in U.S. history decades ago.

These and others are some of the assets left behind when a bank fails and is seized by the FDIC, the agency whose mission is to maintain confidence in the industry by insuring deposits and other bank products.

Page 15: Writing Business News for the Web (Day 1)

2. BRANCH RIGHT2. BRANCH RIGHTModifying and qualifying phrases

at end of sentence Don’t bury essential information

Page 16: Writing Business News for the Web (Day 1)

BRANCH RIGHTBRANCH RIGHT

 DETROIT — Toyota Motor issued

its second large recall in two months on Thursday to fix a problem with accelerator pedals that can get stuck, causing vehicles to speed up unintentionally.

Page 17: Writing Business News for the Web (Day 1)

Non-right branchingNon-right branching

Page 18: Writing Business News for the Web (Day 1)
Page 19: Writing Business News for the Web (Day 1)

3. STAY PARALLEL3. STAY PARALLEL

The boy hit the ball, ran the bases and slid into home.

Rainfall totals by county: XX, 3 inches; YY, 2.3 inches; ZZ, 1.7 inches.

Page 20: Writing Business News for the Web (Day 1)

PARALLEL (not quite)PARALLEL (not quite)

The company said the problem was “rare” but could result in a worn gas pedal being difficult to depress, slow to spring back or getting stuck partly depressed.

Page 21: Writing Business News for the Web (Day 1)

PARALLELPARALLEL

Toyota dealers recently began modifying vehicles under the earlier recall, by shortening or replacing the gas pedal, removing some padding in the floor under the pedal and installing brake-override systems.

Page 22: Writing Business News for the Web (Day 1)

PARALLELPARALLELIt posted fourth-quarter net

income of $19.5 million, or 15 cents a share, down from $27.7 million, or $20 cents a share, a year earlier.

 

Page 23: Writing Business News for the Web (Day 1)

4. BE SPECIFIC and 4. BE SPECIFIC and PLAINPLAIN

Beware jargon, acronyms or vague terms◦Explain your terms

Understandable identification◦Repeat ID as reader reminder

Beware confusing pronouns◦Make sure pronouns refer back to

obvious noun

Page 24: Writing Business News for the Web (Day 1)

SPECIFIC, PARALLEL and SPECIFIC, PARALLEL and PLAIN PLAIN Summit makes 747-8 fail-safe

bars, which allow the flaps to move on the wings; 787 edge frames that fit around the doors; and 767 main-landing-gear beams, which facilitate the landing gear rotation, Boeing said.

◦Puget Sound Business Journal

Page 25: Writing Business News for the Web (Day 1)

5. PUNCTUATION 5. PUNCTUATION

Periods to delineate information

Commas to connect related (modifying) information

Colons to organize or broadcast

Page 26: Writing Business News for the Web (Day 1)

COLONS TO ORGANIZE COLONS TO ORGANIZE

This recall includes the 2005-10 Avalon; 2007-10 Camry and Tundra; 2008-10 Sequoia; 2009-10 RAV4, Corolla and Matrix; and 2010 Highlander. It also covers the 2009-10 Pontiac Vibe, a mechanical twin to the Matrix. It does not include the Prius hybrid, which was in the November recall, or Lexus or Scion models.

Page 27: Writing Business News for the Web (Day 1)

COLONS TO ORGANIZECOLONS TO ORGANIZE

Cars in this recall: 2005-10 Avalon; 2007-10 Camry and Tundra; 2008-10 Sequoia; 2009-10 RAV4, Corolla and Matrix; 2010 Highlander, 2009-10 Pontiac Vibe, a mechanical twin to the Matrix.

Not in this recall: Lexus or Scion models.

The Prius hybrid was part of a November recall and is not on the latest list.

Page 28: Writing Business News for the Web (Day 1)

6. QUOTES6. QUOTES

Edit quotes to strongest, essential statement

Avoid “echo” quotes

Avoid informational quotes◦Use for emotion, accountability or

spice

Page 29: Writing Business News for the Web (Day 1)

RUN-ON QUOTERUN-ON QUOTE

A USDA spokesman said it could not release the city, name of the facility or the size of the herd where the pandemic H1N1 virus was found "in order to ensure continued high levels of participation in swine surveillance efforts, and because this is not a food safety or public health risk."

Page 30: Writing Business News for the Web (Day 1)

RUN-ON QUOTERUN-ON QUOTE

"It's the end of an era," Cooper said in an interview. "We invented totally free checking and everyone copied it. It was a wonderful product. But the regulatory apparatus, misinterpreting what everyone wants, has changed that."

Page 31: Writing Business News for the Web (Day 1)

ECHO QUOTEECHO QUOTE

Until Thursday, Toyota had denied that there was a mechanical or electronic problem with the pedals. The company said the problem was “rare” but could result in a worn gas pedal being difficult to depress, slow to spring back or getting stuck partly depressed.

“Our investigation indicates that there is a possibility that certain accelerator pedal mechanisms may, in rare instances, mechanically stick in a partially depressed position or return slowly to the idle position,” said Irv Miller, a group vice president of Toyota Motors Sales U.S.A.

Page 32: Writing Business News for the Web (Day 1)

QUOTES AS SPICE (but QUOTES AS SPICE (but overlong)overlong)

"You're not happy if you're in Duluth and you're trying to buy gas at 2 a.m. and we don't authorize it" because the customer doesn't have overdraft protection, Cooper said. "I'd love to have that guy in Duluth call [Federal Reserve chairman] Ben Bernanke and say, 'Hey, I don't like your new rules.'"

Page 33: Writing Business News for the Web (Day 1)

7. ATTRIBUTION 7. ATTRIBUTION

In middle or end of sentences

◦NOT THIS: Bill Cooper, chairman and chief executive officer of the Wayzata-based regional bank, said Thursday that new rules that limit overdraft fees will force the bank to introduce a monthly maintenance fee on more than 1 million checking accounts that previously had none. He declined to disclose the amount of the new fee, which will go into effect early this year.

Page 34: Writing Business News for the Web (Day 1)

BUT THIS: New rules that limit overdraft

fees will force the bank to introduce a monthly maintenance fee on more than 1 million checking accounts, said Bill Cooper, chairman and chief executive officer of the Wayzata-based regional bank.

OR BETTER…The bank will add a monthly

maintenance fee to more than 1 million checking accounts, said Bill Cooper, head of the Wayzata-based regional bank.

Page 35: Writing Business News for the Web (Day 1)

PLACEMENT OF PLACEMENT OF ATTRIBUTIONATTRIBUTIONNOT THIS: Alina Monighan, 19, a student at

the University of Minnesota who works two part-time jobs, said the only reason she opened an account at TCF was because it offered free checking. "I don't make much money,” she said.

BUT THIS: Free checking prompted college student Alina Monighan to open an account at TCF. "I don't make much money,” said Monighan, who works two part-time jobs while she attends the University of Minnesota.

Page 36: Writing Business News for the Web (Day 1)

SUMMARY or IMPLIED SUMMARY or IMPLIED ATTRIBUTIONATTRIBUTION

Authorities and eye-witnesses gave this account:

Car dealerships across the country were reporting record business following the recall.

Page 37: Writing Business News for the Web (Day 1)

8. TRANSPARENCY8. TRANSPARENCY

Be clear about source and credibility of information

Link to documents and other sources

Consider sourcing boxes

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9. BE LITERAL9. BE LITERAL

• Don’t assume knowledge of source expertise

• Don’t assume knowledge of location

• Don’t assume knowledge of background

Page 41: Writing Business News for the Web (Day 1)

10. READER SENSE10. READER SENSE

Anticipate reader/audience knowledge, questions, needs

Consider logical order of information

Don’t write around unanswered questions◦Make questions part of the information

Page 42: Writing Business News for the Web (Day 1)
Page 43: Writing Business News for the Web (Day 1)

READER SENSEREADER SENSE

• Time stamps–To orient readers and invite them

back

• Place stamps–Don’t rely on your masthead

Page 44: Writing Business News for the Web (Day 1)

Day 2 AGENDADay 2 AGENDA

Organizing breaking news onlineStakeholder wheel

◦Prioritizing information◦Identifying key audience and sources

Blueprints for clarity and speed

Page 45: Writing Business News for the Web (Day 1)

KEY ELEMENTS OF NEWS-WRITINGKEY ELEMENTS OF NEWS-WRITINGFOR FAST WEB READINGFOR FAST WEB READING

PriorityClarityEfficiencyBrevityTransparencyReader sense

Page 46: Writing Business News for the Web (Day 1)

Questions?


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