The Financial Times has been recognized for outstanding business journalism by the Society of American Business Editors and Writers (SABEW). The global news organization won three awards and received ‘honorable mentions’ demonstrating an expertise in journalistic reporting that is recognised by the industry. These recognitions follow other honours recently awarded in the United States, and are further testament to the FT’s established presence and reputation in the US. The awards received from SABEW span a wide range of industries and topics further reflecting the breadth and quality of FT content for US readers.
FT journalists won awards in the following three categories:
Winner - For markets and investing coverage (large division): “BlackRock’s Black Box: The technology hub of modern finance”, by Richard Henderson and Owen Walker. The judges said: “There were a lot of surprises in this story. The very existence of Aladdin and the conflicts of interest that arise from Blackrock’s ownership of it are two, along with the risk to the broader market — from cyber-attack to a rogue line of code — that come from such a heavy reliance on a single platform. The writing kept the judges hooked throughout."
Winner - For newsletters (large division): “Moral Money” by Gillian Tett, Patrick-Temple West, Billy Nauman, Tamami Shimizuishi and Kristen Talman. This is the second year in a row that Gillian Tett and her team have won in the newsletter category. The judges said: “This year’s winning entry again stitches together informed analysis, conversational writing and clear graphics in order to address an array of ethical questions about global finance. The net effect is a newsletter that makes the reader feel like part of the conversation around pressing topics such as ESG investing, boardroom diversity, Big Tech and climate change.”
Winner - For the business of sports (large division) - “Sporting good retailers grappling with race”, by Sara Germano and Leo Lewis. The judges said: “Naomi Osaka was the most fascinating and important athlete in 2020. This was a fascinating look at how corporations handle her outspoken nature that goes outside the cultural norm.”
The FT’s honorable mentions included a Breaking News nod for “The Collapse of Wirecard” by Dan McCrum, Olaf Storbeck, Guy Chazan and Stefania Palma; recognition in the Video division for “Opioids, Inc” (video via PBS.com, magazine article via FT.com) by Hannah Kuchler, Shaunagh Connaire and PBS Frontline; as well as mention from the judges for FT’s “Energy Source” newsletter by Derek Brower and Myles McCormick.
Overall SABEW received 1,126 entries from 161 news organizations ranging from international, national and regional news outlets to specialized business publications. Overall the judges awarded 78 winners and 69 honorable mentions.
More information about SABEW’s 26th Annual Best in Business Awards can be found here.
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About the Financial Times
The Financial Times is one of the world’s leading business news organisations, recognised internationally for its authority, integrity and accuracy. The FT has a record paying readership of more than one million, three-quarters of which are digital subscriptions. It is part of Nikkei Inc., which provides a broad range of information, news and services for the global business community.