|Owner||News Corporation (through Dow Jones & Company)|
|Founded||July 8, 1889|
|Headquarters||One World Financial Center|
New York, NY 10281
The Wall Street Journal (WSJ) is an English-language international daily newspaper published by Dow Jones & Company in New York City with Asian and European editions. Broadsheet is the largest of the various Newspaper formats and is characterized by long vertical pages (typically 22 inches or more News Corporation (often abbreviated to News Corp) (,,) is one of the world's largest media conglomerate companies by Market capitalisation Dow Jones & Company is an American publishing and financial information firm Les Hinton is an British -born American businessman He was appointed CEO of Dow Jones & Company in December 2007, after its acquisition by Robert James Thomson (born 11 March 1961) is an Australian Journalist and former editor of The Times newspaper Events 939 - The Major Occultation or Ghaybat el-Kubra of Muhammad al-Mahdi 1099 - First Crusade: 15000 Year 1889 ( MDCCCLXXXIX) was a Common year starting on Tuesday (link will display the full calendar of the Gregorian calendar (or a Common English is a West Germanic language originating in England and is the First language for most people in the United Kingdom, the United States One World Financial Center is a skyscraper in Lower Manhattan, New York City. Manhattan Island, in New York Harbor, is much the largest part of the Borough of Manhattan, one of the Five Boroughs which form the City of New York New York ( is a state in the Mid-Atlantic and Northeastern regions of the United States and is the nation's third most populous The United States of America —commonly referred to as the This is a list of the daily Newspapers in the World by average circulation An International Standard Serial Number ( ISSN) is a unique eight-digit number used to identify a print or electronic Periodical publication. English is a West Germanic language originating in England and is the First language for most people in the United Kingdom, the United States Dow Jones & Company is an American publishing and financial information firm The City of New York It has a worldwide daily circulation of more than 2 million as of 2006, with 931,000 paying online subscribers. A Newspaper 's circulation is the number of copies it distributes on an average day 
It was the largest-circulation newspaper in the United States until November 2003, when it was surpassed by USA Today. The United States of America —commonly referred to as the USA TODAY is a national American daily Newspaper published by the Gannett Company. Its main rival as a daily financial newspaper is the London-based Financial Times, which also publishes several international editions. London ( ˈlʌndən is the capital and largest urban area in the United Kingdom. The Financial Times ( FT) is a British international business Newspaper.
The Journal newspaper primarily covers U. S. and international business and financial news and issues—the paper's name comes from Wall Street, the street in New York City that is the heart of the financial district. A business (also called firm or an enterprise) is a legally recognized organizational entity designed to provide goods and/or services to Wall Street is a street in lower Manhattan, New York City, United States. It has been printed continuously since being founded July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. Events 939 - The Major Occultation or Ghaybat el-Kubra of Muhammad al-Mahdi 1099 - First Crusade: 15000 Year 1889 ( MDCCCLXXXIX) was a Common year starting on Tuesday (link will display the full calendar of the Gregorian calendar (or a Common Charles Henry Dow ( November 6, 1851 – December 4, 1902) was an American Journalist who co-founded Dow Jones & Company Edward Davis Jones (1856–1920 was a US statistician. A graduate of Worcester Academy in Worcester MA he was the co- Eponym of the Charles Bergstresser ( 1859 – ? was an American Journalist and with Charles Dow and Edward Jones, one of the founders of The newspaper has won the Pulitzer Prize thirty-three times, including 2007 prizes for backdated stock options and for the adverse impact of China's booming economy. The Pulitzer Prize, ˈpʊlɨtsɚ PULL-it-sər is an American award regarded as the highest national honor in Newspaper journalism, The Pulitzer Prizes for 2007 were announced on April 16, 2007. Options backdating is the practice of granting an Employee stock option that is dated prior to the date that the company actually granted the option The Chinese economic reform ( refers to the program of economic reforms called " Socialism with Chinese characteristics " in the People's Republic of 
The future of the Journal has been widely speculated on since the acquisition of Dow Jones by Rupert Murdoch's News Corp. The announcement that managing editor Marcus Brauchli, a 20-year veteran of the newspaper and a former foreign correspondent, would step down reinvigorated speculation that Murdoch would make deeper changes in the newspaper. is gay Bold text' Keith Rupert Murdoch', AC, KCSG (born Melbourne, March 11 1931 usually known as Rupert Murdoch, is an Australian-American News Corporation (often abbreviated to News Corp) (,,) is one of the world's largest media conglomerate companies by Market capitalisation Although Brauchli elected to remain at News Corp. as a consultant, his departure from the top editorial job he held for barely a year (when he took over from the long-serving Paul Steiger) stoked rumors about Murdoch's plans. 
Dow Jones & Company, publisher of the Journal, was founded in 1882 by reporters Charles Dow, Edward Jones and Charles Bergstresser. Dow Jones & Company is an American publishing and financial information firm Charles Henry Dow ( November 6, 1851 – December 4, 1902) was an American Journalist who co-founded Dow Jones & Company Edward Davis Jones (1856–1920 was a US statistician. A graduate of Worcester Academy in Worcester MA he was the co- Eponym of the Charles Bergstresser ( 1859 – ? was an American Journalist and with Charles Dow and Edward Jones, one of the founders of Jones converted the small Customers' Afternoon Letter into The Wall Street Journal, first published in 1889, and began delivery of the Dow Jones News Service via telegraph. The Journal featured the Jones 'Average', the first of several indexes of stock and bond prices on the New York Stock Exchange.
Journalist Clarence Barron purchased control of the company for US$130,000 in 1902; circulation was then around 7,000 but climbed to 50,000 by the end of the 1920s. Clarence W Barron ( July 2 1855, in Boston, Massachusetts – October 2 1928) is one of the most influential figures in The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been Barron and his predecessors were credited with creating an atmosphere of fearless, independent financial reporting -- a novelty in the early days of business journalism. 
Barron died in 1928, a year before Black Tuesday, the stock market crash that triggered the Great Depression in the United States. The Wall Street Crash of 1929, also known as the ’29 Crash, the Crash of 1929, the Great Crash of 1929, the Great Crash of October 1929 The United States of America —commonly referred to as the Barron's descendants, the Bancroft family, would continue to control the company until 2007. The Bancroft family are the former owners of Dow Jones & Company &mdash publishers of Inter alia The Wall Street Journal &mdash which is now 
Later on, the Woodworths published the paper. Mrs. Teresa "Teddy" Woodworth was a prominent socialite of her day. The Woodworths resided at New York's Sherry-Netherland, sharing the penthouse floor with Cole Porter. Cole Albert Porter (June 9 1891 &ndash October 15 1964 was an American Composer and songwriter from Peru, Indiana.
The Journal took its modern shape and prominence in the 1940s, a time of industrial expansion for the United States and its financial institutions in New York. Bernard Kilgore was named managing editor of the paper in 1941, and company CEO in 1945, eventually compiling a 25-year career as the head of the Journal. Bernard (Barney Kilgore was the Wall Street Journal 's dominant personality practically from the moment he was appointed managing editor in 1941 at the age of 32 until his Kilgore was the architect of the paper's iconic front-page design, with its "What's News" digest, and its national distribution strategy, which brought the paper's circulation from 33,000 in 1941 to 1. 1 million at the time of Kilgore's death in 1967. It was also on Kilgore's watch, in 1947, that the paper won its first Pulitzer Prize, for editorial writing. 
Its reputation secure as the nation's preeminent business news and conservative opinion newspaper, The Wall Street Journal nevertheless fell on uncertain times in the 1990s, as declining advertising and rising newsprint costs—contributing to the first-ever annual loss at Dow Jones in 1997—raised speculation that the paper might have to drastically change, or be sold. 
The decade that followed was perhaps the worst in the paper's history, at least as a business enterprise. Dow Jones was already being pinched financially by a write-off of its failed Telerate electronic news service when it was hit hard by the fall-off in advertising revenue that followed the bursting of the dotcom bubble in 2000. Ad sales fell further during the recession that followed the Sept. 11, 2001 terrorist attacks. The kidnapping and murder of reporter Daniel Pearl in January 2002 seemed to put a fine point on the Journal's declining fortunes.
By 2005 Journal staffers had endured a long period of tragedy and austerity during which many were laid off and most suffered severe benefit cuts, even as management continued receiving bonuses and pay raises. Critics and shareholders noted the disconnect between management's behavior and the corporate-governance values preached by the Journal's editorial page. (The top two officers in Dow Jones, CEO Peter Kann and Journal Publisher Karen House, are a married couple, which many regarded as a violation the arm's-length relationship that public-company officers should maintain with each other. )
By the time Australian-born media tycoon Rupert Murdoch made an offer for Dow Jones in May 2007, many of the Journal's best reporters and editors had left in disgust. Murdoch's bid -- at $60 a share about 80% higher than the prevailing market price -- struck some as excessive. In fact, said others, Murdoch knew a bargain when he saw one: The Journal's journalistic reputation, as well as that of Barron's and other Dow Jones operations, was as strong as ever. Yet Dow Jones's stock price was actually down in real terms from 20 years earlier and barely up in nominal terms. Had the stock gained a compounded 10% annually since 1985 -- a modest rate of appreciation by historical market standards -- it would have traded at around $160 at the time of Murdoch's bid. Many saw the stock's dismal performance, and the paper's ultimate fate, as a damning verdict on the Kann-House regime, which had reigned for 15 years before being ousted in early 2006 (with a collective $14 million severance package).
Murdoch's acquisition prompted further staff departures, most prominently of star financial reporter Henny Sender, who defected to the Financial Times despite a personal appeal from Murdoch reportedly made via phone from his Mediterranean yacht. Murdoch's formal acquisition of Dow Jones in December 2007 seemed to signal an end to the Journal's vaunted history.
A complement to the print newspaper, The Wall Street Journal Online was launched in 1996. OpinionJournalcom was a Website featuring content from the The Wall Street Journal editorial pages In 2003, Dow Jones began to integrate reporting of the Journal's print and online subscribers together in Audit Bureau of Circulations statements. The Audit Bureau of Circulations ( ABC) of North America is a not-for-profit circulation-auditing organization  It is commonly held to be the largest paid-subscription news site on the Web, with 980,000 paid subscribers in mid-2007.  As of May 2008, an annual subscription to the online edition of the Wall Street Journal cost $119 for those who do not have subscriptions to the print edition. 
On November 30th of 2004 Oasys Mobile and the Wall Street Journal released an application that would allow users to access content from the Wall Street Journal Online via their mobile phone. Events 1700 - Battle of Narva — A Swedish army of 8500 men under Charles XII defeats "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " Oasys Mobile is a leading mobile game developer and publisher. It "will provide up-to-the-minute business and financial news from the Online Journal, along with comprehensive market, stock and commodities data, plus personalized portfolio information--directly to a cell phone. "
The paper's paid content is available free, on a limited basis, to America Online subscribers, and through the free Congoo Netpass. Many Wall Street Journal news stories are available through free online newspapers that subscribe to the Dow Jones syndicate. Pulitzer-prize winning stories from 1995 are available free on the Pulitzer web site.
In September 2005, the Journal launched a weekend edition, delivered to all subscribers, which marked a return to Saturday publication after a lapse of some 50 years. The move was designed in part to attract more consumer advertising. 
In 2005 the Journal reported a readership profile of about 60 percent top management, an average income of $191,000, an average household net worth of $2. 1 million, and an average age of 55. 
In 2007 the Journal launched a worldwide expansion of its website, to include major foreign-language editions. The paper had also shown an interest in buying the rival Financial Times. The Financial Times ( FT) is a British international business Newspaper. 
In 2006, the Journal began including advertising on its front page for the first time. This followed the introduction of front-page advertising on the Journal's European and Asian editions in late 2005. 
After presenting nearly identical front-page layouts for half a century -- always six columns, with the day's top stories in the first and sixth columns, "What's News" digest in the second and third, the "A-hed" feature story in the fourth and themed weekly reports in the fifth column -- the paper in 2007 decreased its broadsheet width from 15 to 12 inches while keeping the length at 22 3/4 inches, in order to save newsprint costs. Broadsheet is the largest of the various Newspaper formats and is characterized by long vertical pages (typically 22 inches or more Newsprint is low-cost non-archival Paper most commonly used to print Newspapers plus other publications and advertising material Dow Jones said it would save US$18 million a year in newsprint costs across all the Wall Street Journal papers. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been  This move resulted in the loss of one column of print, pushing the "A-hed" out of its traditional location (although the paper now usually includes a quirky feature story on the right side of the front page, sandwiched among the lead stories).
The paper still uses ink dot drawings called hedcuts, introduced in 1979,, rather than photographs of people, a practice unique among major newspapers. Hedcut is a style of Drawing, primarily of people pioneered and used by The Wall Street Journal. This method of illustration is a consistent visual signature of the paper and reflects editorial imperatives by allowing these illustrations to be somewhat flattering, and in their consistency, clannish. Nevertheless, the use of color photographs and graphics has become increasingly common in recent years with the addition of more "lifestyle" sections.
A special committee was established to oversee The Journal's editorial integrity. Events 1294 - Saint Celestine V abdicates the papacy after only five months Celestine hoped to return to his previous life Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. is gay Bold text' Keith Rupert Murdoch', AC, KCSG (born Melbourne, March 11 1931 usually known as Rupert Murdoch, is an Australian-American News Corporation (often abbreviated to News Corp) (,,) is one of the world's largest media conglomerate companies by Market capitalisation But after the managing editor, Marcus Brauchli resigned on April 22, 2008, the committee said that he resigned under pressure, and that News Corporation had violated its agreement by not notifying the committee earlier. 
On May 2, 2007, News Corp. Events 1194 - King Richard I of England gives Portsmouth its first Royal Charter. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. made an unsolicited takeover bid for Dow Jones, offering US$60 a share for stock that had been selling for US$33 a share. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been The Bancroft family, which controls more than 60% of the voting power, at first rejected the offer, but later reconsidered its position. Clarence W Barron ( July 2 1855, in Boston, Massachusetts – October 2 1928) is one of the most influential figures in
Three months later, on August 1, 2007, News Corp. Events 30 BC - Octavian (later known as Augustus enters Alexandria, Egypt, bringing it under the control of the Roman Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. and Dow Jones entered into a definitive merger agreement.  The controversial US$5 billion sale added The Wall Street Journal to the media tycoon's news empire, which already included Fox News Channel, the New York Post, and London's The Times. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been The New York Post is the 13th-oldest Newspaper published in the United States and generally acknowledged as the oldest to have been published continually The Times is a daily national Newspaper published in the United Kingdom since 1785 when it was known as The Daily Universal Register. 
On December 13, 2007, shareholders representing more than 60 percent of Dow Jones's voting stock approved the company's acquisition by News Corp. Events 1294 - Saint Celestine V abdicates the papacy after only five months Celestine hoped to return to his previous life Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. 
In an editorial page column, publisher L. Gordon Crovitz said the Bancrofts and News Corp. had agreed that the Journal's news and opinion sections would preserve their editorial independence from their new corporate parent:
|“||Mr. Murdoch told the Bancrofts that 'any interference -- or even hint of interference -- would break the trust that exists between the paper and its readers, something I am unwilling to countenance. ' . . . Mr. Murdoch and the Bancrofts agreed on standards modeled on the longstanding Dow Jones Code of Conduct.||”|
However, a June 5 Journal news story quoted charges that Murdoch had made and broken similar promises in the past. One large shareholder commented that Murdoch has long "expressed his personal, political and business biases through his newspapers and television stations. " Journalist Fred Emery, formerly of the British newspaper The Times, recounted an incident when Murdoch was reminded of his own earlier promises not to fire The Times' editors without independent directors' approval and allegedly responded, "God, you don't take all that seriously, do you?"
In 1993, according to the June 5 story, Mr. The Times is a daily national Newspaper published in the United Kingdom since 1785 when it was known as The Daily Universal Register. Murdoch focused on building a television-satellite business in Asia by buying a controlling stake in satellite broadcaster Star TV. He accommodated the Chinese government by dropping BBC international news channel. Murdoch's managers told the South China Morning Post to stop criticizing China. HarperCollins canceled a book by Chris Patten, Britain's last governor of Hong Kong, to accommodate the Chinese government. The Times killed stories that were critical of China. The Times is a daily national Newspaper published in the United Kingdom since 1785 when it was known as The Daily Universal Register.
Since 1980, the Journal has published in several sections. On average, The Journal is about 96 pages long. For the year 2007, the inclusion of 44 additional Journal Reports (special sections focusing on a single issue each) was planned. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Regularly scheduled sections are:
In addition, several columnists contribute regular features to the Journal opinion page and OpinionJournal.com:
The editorial page of the Journal summarizes its philosophy as being in favor of "free markets and free people". OpinionJournalcom was a Website featuring content from the The Wall Street Journal editorial pages James Taranto (born 1966) is a Manhattan -based columnist for The Wall Street Journal and editor of its online editorial page OpinionJournal Mary O'Grady (also frequently published as Mary Anastasia O'Grady) is an editor of the Wall Street Journal and member of the Wall Street Journal Editorial Bret Louis Stephens is a writer and news commentator for the Wall Street Journal. Holman W Jenkins Jr is a journalist editorial writer and member of the Wall Street Journal Editorial Board. Daniel Henninger is Deputy Editorial Page Director of the Wall Street Journal. Kimberley A Strassel is an author and member of the Wall Street Journal Editorial Board. Peggy Noonan (born Margaret Ellen Noonan on September 7, 1950, in Brooklyn New York) is an author of seven books on politics religion and culture Wall Street Journal Editorial Board members oversee the journal's editorial page and represent the newspaper and its editorial page publicly It is typically viewed as adhering to American conservatism and economic liberalism. Conservatism in the United States includes a variety of political ideologies including Fiscal conservatism, Supply-side economics, Social conservatism Economic liberalism is the Economic component of Classical liberalism. The page takes a free-market view of economic issues and an often neoconservative view of American foreign policy. A free market is a Market in which property rights are voluntarily exchanged at a price arranged completely by the mutual consent of sellers and buyers Neoconservatism (or Neocon is a Right-wing political philosophy that emerged in the United States from the rejection of the Social liberalism, Moral relativism The foreign policy of the United States is highly influential on the world stage as it is a Superpower.
Since the 1990s, the editorial page of the Journal has been criticised repeatedly for inaccuracy and dishonesty, including a summary in 1995 by FAIR, and in 1996 by the Columbia Journalism Review. The Columbia Journalism Review (CJR is an American magazine for professional journalists published bimonthly by the Columbia University Graduate School of Journalism
The Journal won its first two Pulitzer Prizes for its editorial writing, in 1947 and 1953. It describes the history of its editorials:
|“||They are united by the mantra "free markets and dead people", the principles, if you will, marked in the watershed year of 1776 by Thomas Jefferson's Declaration of Independence and Adam Smith's Wealth of Nations. Thomas Jefferson (April 13 1743 – July 4 1826 was the third President of the United States (1801–1809 the principal author of the Declaration of Independence The United States Declaration of Independence is a statement adopted by the Continental Congress on July 4 1776 announcing that the thirteen American colonies then Adam Smith ( baptised 16 June 1723 – 17 July 1790) was a Scottish moral philosopher and a pioneer of Political economy. An Inquiry into the Nature and Causes of the Wealth of Nations is the Magnum opus of the Scottish economist Adam Smith. So over the past century and into the next, the Journal stands for free trade and sound money; against confiscatory taxation and the ukases of kings and other collectivists; and for individual autonomy against dictators, bullies and even the tempers of momentary majorities. Free trade is a system in which the trade of goods and services between or within countries flows unhindered by government-imposed restrictions Sound money, in Economics, is a concept defined by Deardorff's Glossary of International Economics as "a Currency that is responsibly managed so as Ukase (указ ukaz) in Imperial Russia was a proclamation of the Tsar, government or a religious leader ( Patriarch) that had the force of Collectivism is a term used to describe any moral political or social outlook that stresses human Interdependence and the importance of a Collective, rather than If these principles sound unexceptionable in theory, applying them to current issues is often unfashionable and controversial.||”|
Its historical position was much the same, and spelled out the conservative foundation of its editorial page:
|“||On our editorial page, we make no pretense of walking down the middle of the road. In Politics and Religion, a moderate is an individual who holds an intermediate position between two viewpoints neither to be extreme or radical by those applying Our comments and interpretations are made from a definite point of view. We believe in the individual, his wisdom and his decency. We oppose all infringements on individual rights, whether they stem from attempts at private monopoly, labor union monopoly or from an overgrowing government. Individual rights refer to the Rights of Individuals in contrast with Group rights. In Economics, a monopoly (from Greek monos, alone or single + polein, to sell exists when a specific individual or enterprise has sufficient A trade union or labour union is an organization of workers who have banded together to achieve common goals in key areas such as wages hours and working conditions forming People will say we are conservative or even reactionary. Reactionary (also reactionist) is a derogatory term usually used by the Left wing in regards to movements which oppose radical change in society and seeks a return We are not much interested in labels but if we were to choose one, we would say we are radical. (William H. Grimes, 1951)||”|
Every Thanksgiving the editorial page prints two famous articles that have appeared there since 1961. In the United States, Thanksgiving or Thanksgiving Day is an annual one-day legal holiday to express Gratitude for the things one has The first is titled "The Desolate Wilderness" and describes what the Pilgrims saw when they arrived at the Plymouth Colony. Pilgrims, or Pilgrim Fathers (or Pilgrim Mothers) is a name commonly applied to the early settlers of the Plymouth Colony in present-day Plymouth Plymouth Colony (sometimes New Plymouth or The Old Colony) was an English colonial venture in North America from 1620 until 1691 The second is titled "And the Fair Land" and describes in romantic terms the "bounty" of America. It was penned by a former editor Vermont C. Royster, whose Christmas article "In Hoc Anno Domini", has appeared every December 25 since 1949. Vermont Connecticut Royster ( April 30, 1914 - July 22, 1996) was the editor of The Wall Street Journal from 1958 to 1971 Events 274 - Roman Emperor Aurelian
During the Reagan administration, the newspaper's editorial page was particularly influential as the leading voice for supply-side economics. The United States Presidency of Ronald Reagan, also known as the Reagan Administration, was a Republican administration headed by Supply-side economics is an arguably heterodox school of Macroeconomic thought that argues that economic growth can be most effectively created using incentives for Under the editorship of Robert Bartley, it expounded at length on such economic concepts such as the Laffer curve and how a decrease in certain marginal tax rates and the capital gains tax can increase overall tax revenue by generating more economic activity. Robert Leroy Bartley (October 12 1937 - December 10 2003 was the editor of the opinion page of The Wall Street Journal for more than 30 years In Economics, the Laffer curve is used to illustrate the idea that increases in the rate of Taxation may sometimes decrease Tax revenue.
In the economic argument of exchange rate regimes (one of the most divisive issues among economists), the Journal has a tendency to support fixed exchange rates over floating exchange rates in spite of its support for the free market in other respects. The exchange rate regime is the way a country manages its Currency in respect to foreign currencies and the Foreign exchange market. A fixed exchange rate, sometimes called a pegged exchange rate, is a type of Exchange rate regime wherein a Currency 's value is matched to the value of Floating rate may also refer to a Floating interest rate applied to a Loan or other lending product For example, the Journal was a major supporter of the Chinese yuan's peg to the dollar, and strongly disagreed with American politicians who were criticising the Chinese government about the peg. Power within the Government of the People's Republic of China is divided among three bodies the Communist Party of China, the state and the People's It opposed the moves by China to let the yuan gradually float, arguing that the fixed rate benefited both the United States and China.
Its views are somewhat similar to those of the British magazine The Economist with its emphasis on free markets. The Economist is an English-language weekly news and International affairs publication owned by The Economist Newspaper Ltd and edited in London However, the Journal does have important differences with respect to European business newspapers, most particularly with regard to the relative significance of, and causes of, the American budget deficit. A budget deficit occurs when an Entity (often a Government) spends more Money than it takes in (The Journal generally blames the lack of foreign growth and other related things, while most business journals in Europe and Asia blame the very low savings rate and concordant high borrowing rate in the United States).
The editorial board has long argued for a less restrictive immigration policy. In a July 3, 1984 editorial, the board wrote: If Washington still wants to 'do something' about immigration, we propose a five-word constitutional amendment: There shall be open borders. Events 324 - Battle of Adrianople Constantine I defeats Licinius, who flees to Byzantium. Year 1984 ( MCMLXXXIV) was a Leap year starting on Sunday (link displays the 1984 Gregorian calendar) ' This stand on immigration reform has placed the Journal as an opponent of most conservative activists and politicians, for example National Review, who favor border security measures. Immigration reform is the common term used in political discussions regarding changes to Immigration policy. National Review ( NR) is a biweekly Magazine and Web site, founded by the late author William F  The editorial page commonly publishes pieces by U. S. and world leaders in academia, business, government and politics.
Regarding issues of international politics and national security, the Journal editorial page is squarely in the neo-conservative camp, for example supporting the continued presence of U. Neoconservatism (or Neocon is a Right-wing political philosophy that emerged in the United States from the rejection of the Social liberalism, Moral relativism S. troops in Iraq and the legitimacy of the Guantanamo Bay detainment camp. The Guantanamo Bay Detention Camp is a controversial United States Detention center operated by Joint Task Force Guantanamo since 2002 in Guantanamo It has argued extensively through editorials and guest articles (from writers such as Berkeley Law's John Yoo) that the prisoners are treated justly, and that the camp is a necessary component in the war on terrorists. John Choon Yoo (born 1967 in Seoul) is an American Professor of Law at the Boalt Hall School of Law, University of The Journal also departs from the conventional liberal editorial pages in its commentary on the Arab-Israeli conflict. Although in support of a two-state solution the Journal is rarely critical of Israeli policies in the disputed territories and generally supports Israeli counter-terrorist operations. The "two-state solution" to the Israeli-Palestinian conflict, is the consensus solution that is currently under discussion by the key parties to the conflict It has, however, generally joined the media chorus in considering the government led by Mahmoud Abbas to be a legitimate democratically elected regime. Mahmoud Abbas (محمود عباس (born March 26, 1935) also known by the kunya Abu Mazen (ابو مازن was elected President
The Journal in recent years has strongly defended Lewis Libby, whom it portrays as the victim of a political witchhunt. Irve Lewis "Scooter" Libby (born August 22 1950) is a former Assistant to the President of the United States, George W  It has also published editorials comparing the attacks by Seymour Hersh, and The New York Times on Leo Strauss and his alleged influence in the George W. Bush administration with those Lyndon LaRouche, a fringe conspiracy theorist and perennial presidential candidate. Seymour (Sy Myron Hersh (born April 8, 1937) is an American Pulitzer Prize winning investigative Journalist and Author Leo Strauss (September 20 1899 &ndash October 18 1973 was a German -born Jewish-American political philosopher who specialized in the study of classical George Walker Bush ( born July 6 1946 is the forty-third and current President of the United States. Views of Lyndon LaRouche Lyndon Hermyle LaRouche Jr (born September 8 1922 in Rochester New Hampshire) is an American Political activist and founder of several 
The editorial page routinely publishes articles by scientists skeptical of the theory of global warming, including several influential essays by Richard Lindzen of MIT. Global warming is the increase in the average measured temperature of the Richard Siegmund Lindzen, PhD (born February 8, 1940) is a Harvard trained atmospheric physicist and the Alfred P Richard Siegmund Lindzen, PhD (born February 8, 1940) is a Harvard trained atmospheric physicist and the Alfred P
Despite the Journal's reputation as a conservative newspaper, the paper's editors stress the independence and impartiality of their reporters and at least one study of media bias has found the paper's news bias is left-leaning, if anything. Media bias in the United States "A Measure of Media Bias", a December 2004 study conducted by Tim Groseclose of the University of California, Los Angeles and Jeff Milyo of the University of Missouri, stated that:
|“||One surprise is the Wall Street Journal, which we find as the most liberal of all 20 news outlets [studied]. The University of California Los Angeles (generally known as UCLA) is a public research university located in Westwood Los Angeles, California, United The University of Missouri (also known as the University of Missouri–Columbia, Mizzou, or MU) is a public land-grant and research We should first remind readers that this estimate (as well as all other newspaper estimates) refers only to the news of the Wall Street Journal; we omitted all data that came from its editorial page. If we included data from the editorial page, surely it would appear more conservative. Second, some anecdotal evidence agrees with our result. For instance, Reed Irvine and Cliff Kincaid (2001) note that "The Journal has had a long-standing separation between its conservative editorial pages and its liberal news pages. " Paul Sperry, in an article titled the "Myth of the Conservative Wall Street Journal", notes that the news division of the Journal sometimes calls the editorial division "Nazis. " "Fact is", Sperry writes, "the Journal's news and editorial departments are as politically polarized as North and South Korea. "||”|
The methods used to calculate this bias have been challenged by Mark Liberman, professor of computer science and the director of Linguistic Data Consortium at the University of Pennsylvania. The University of Pennsylvania (also known as Penn) is a private University located in Philadelphia, Pennsylvania, USA.  Liberman says "that many if not most of the complaints directed against G&M are motivated in part by ideological disagreement -- just as much of the praise for their work is motivated by ideological agreement. It would be nice if there were a less politically fraught body of data on which such modeling exercises could be explored. "
Since this study has been done, the ownership of the "Wall Street Journal" has changed. News Corporation, also an owner of "Fox News," now owns the "WSJ. " Some anticipate that this new ownership will slant the newspaper more towards the right.  But the Wall Street Journal assures its readers that this will not be the case in its article "A New Owner" and an Opinion Journal by L. Gordon Crovitz, "A Report to Our Readers" . Since this takeover, Karl Rove has begun writing regularly for the paper. Karl Christian Rove (born December 25, 1950) was Deputy Chief of Staff to President George W
In 1987, a bidding war ensued between several financial firms for tobacco and food giant RJR Nabisco. RJR Nabisco Inc, was an American conglomerate formed in 1985 by the merger of Nabisco Brands and R Bryan Burrough and John Helyar documented the events in several Journal articles. Burrough and Helyar later used these articles as the basis of a bestselling book, Barbarians at the Gate: The Fall of RJR Nabisco, which was turned into a film for HBO. Barbarians at the Gate The Fall of RJR Nabisco is a 1990 book about the Leveraged buyout (LBO of RJR Nabisco, by investigative journalists Barbarians at the Gate is a made-for-TV movie based upon the book by Bryan Burrough and John Helyar, about the Leveraged buyout 
In the 1980s, Journal reporter James B. Stewart brought national attention to the illegal practice of insider trading. James Bennett Stewart (born c1952 in Quincy Illinois) is an American lawyer journalist and author Insider trading is the trading of a Corporation 's Stock or other securities (e He was awarded the Pulitzer Prize in explanatory journalism in 1988, which he shared with Daniel Hertzberg, who now serves as the paper's senior deputy managing editor. The Pulitzer Prize, ˈpʊlɨtsɚ PULL-it-sər is an American award regarded as the highest national honor in Newspaper journalism, Stewart expanded on this theme in his book, Den of Thieves. Den of Thieves is a 1992 Non-fiction bestselling work by Pulitzer prize -winning writer James B
David Sanford, a Page One features editor who was infected with HIV in 1982 in a bathhouse from "a man whose name I didn't catch," wrote a front-page personal account of how, with the assistance of improved treatments for HIV, he went from planning his death to planning his retirement.  He and other reporters wrote about the new treatments, political and economic issues, and won the 1997 Pulitzer Prize for National Reporting about AIDS. 
Jonathan Weil, a reporter at the Dallas bureau of The Wall Street Journal, is credited with first breaking the story of financial abuses at Enron in July 2000, although Weil himself disavows credit. Enron Creditors Recovery Corporation (formerly Enron Corporation, former NYSE ticker symbol ENE was an American Energy company based in Rebecca Smith and John R. Emshwiller reported on the story regularly, and wrote a book, 24 Days. Rebecca Smith is a reporter in the Los Angeles California, bureau of the Wall Street Journal. John R Emshwiller is a senior national correspondent for the Wall Street Journal, the pre-eminent newspaper of the financial community in the United States.
The Wall Street Journal claims to have sent the first news report, on the Dow Jones wire, of a plane colliding into the World Trade Center on Sept. 11, 2001. The World Trade Center in New York City, United States (sometimes informally the WTC or Twin Towers) was a complex of seven buildings in Lower Manhattan Its headquarters, at 200 Liberty Street, was severely damaged by the collapse of the World Trade Center just across the street.  Top editors worried that they might miss publishing the first issue for the first time in in the paper's 112-year history. They relocated to a makeshift office at an editor's home, while sending most of the staff to Dow Jones's South Brunswick, N. J. , corporate campus, where the paper had established emergency editorial facilities soon after the 1993 World Trade Center bombing. The paper was on the stands the next day, albeit in scaled-down form. Perhaps the most compelling story in that day's edition was a first-hand account of the Twin Towers' collapse written by then-Foreign Editor (and current Washington bureau chief) John Bussey, who holed up in a ninth-floor Journal office, literally in the shadow of the towers, from where he phoned in live reports to CNBC as the towers burned. He narrowly escaped serious injury when the first tower (actually named Tower No. 2) collapsed, shattering all the windows in the Journal's offices and filling them with dust and debris. The Journal won a 2002 Pulitzer prize in Breaking News Reporting for that day's stories. 
The Journal subsequently conducted a world-wide investigation of the causes and significance of 9/11, using contacts it had developed during its business coverage of the Arab world. In Kabul, Afghanistan, a Wall Street Journal reporter bought a pair of looted computers which had been used by leaders of Al Qaeda to plan assassinations, chemical and biological attacks, and mundane daily activities. } Kābul ( Persian and Pashto: کابل, IPA:) is the Capital and largest city of Afghanistan, with Al-Qaeda, alternatively spelled al-Qaida, al-Qa`ida or al-Qa`idah, ( Arabic:; ar-Latn ''al-qāʿidah'' Translation: The The encrypted files were decrypted and translated.  It was during this coverage that Journal reporter Daniel Pearl was kidnapped and killed by terrorists. Daniel Pearl ( October 10, 1963 – February 1, 2002) was an American Journalist who was kidnapped and murdered in