European media covering U.S. housing collapse

European media from Switzerland, Germany and the Netherlands have been asking The Sacramento Bee for help in covering the collapsed housing market in California.
More and more of these news organizations time zones away are trying to show the repercussions of America's faltering housing industry on their struggling banks.
This is a sign business journalists more than ever need to think about coverage on a global level.
View the story here.

Dow Jones adds financial journalists to global team

Dow Jones, parent company of The Wall Street Journal, announced the addition of two business journalists to their editorial staff for the Dow Jones Newswires this week.
Jamie Miyazaki, a former Tokyo Dow Jones Newswires correspondent, joins the Hong Kong team as a senior writer covering Asia.
Syndicated international loan market writer and former contributor to Loan Radar news service, Alessandro Pasetti, will also join the Dow Jones as a senior writer in their London office.
View the full story here.

MarketWatch.com gets a makeover

Reuters reports that MarketWatch.com launched a redesigned Web site today, one that's aimed to attract sophisticated professionals and bring in a wider class of advertisers.
According to the report, the site's new design packs in more content, stock quotes on demand, customized data and charts. It will also offer breaking news, analysis and market data in automatic updates.
From the story:

"It also plans to refine its focus on markets coverage, increase its technology story coverage, step up its presence overseas in places such as Japan, Israel and Canada and emphasize commentary -- a growing trend among news outlets trying to branch out beyond offering "commodity" daily news."