Malcolm Muir was a U.S. magazine

Magazine

Magazines, periodicals, glossies or serials are publications, generally published on a regular schedule, containing a variety of articles. They are generally financed by advertising, by a purchase price, by pre-paid magazine subscriptions, or all three...

 industrialist. He served as president of McGraw-Hill Publishing

McGraw-Hill

The McGraw-Hill Companies, Inc., is a publicly traded corporation headquartered in Rockefeller Center in New York City. Its primary areas of business are financial, education, publishing, broadcasting, and business services...

 from 1928 to 1937. During his tenure as president, he helped create BusinessWeek

BusinessWeek

Bloomberg Businessweek, commonly and formerly known as BusinessWeek, is a weekly business magazine published by Bloomberg L.P. It is currently headquartered in New York City.- History :...

magazine in 1929, the same year that McGraw-Hill stock was publicly traded for the first time. He also served as the editor-in-chief and president of Newsweek

Newsweek

Newsweek is an American weekly news magazine published in New York City. It is distributed throughout the United States and internationally. It is the second-largest news weekly magazine in the U.S., having trailed Time in circulation and advertising revenue for most of its existence...

magazine between 1937 and 1959.

The first issue of The Business Week, the original title of BusinessWeek, was published on September 7, 1929, a mere seven weeks before the stock market crash that signalled the beginning of the Great Depression

Great Depression

The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s...

. Muir is quoted as saying: "The Business Week will never be content to be a mere chronicle of events. It aims always to interpret their significance... The Business Week always has a point of view, and usually a strong opinion, both of which it does not hesitate to express. And all the way through, we hope you will discover it is possible to write sanely and intelligently of business without being pompous or ponderous."

After 1937, Muir was responsible for changing the four-year old News-Week magazine's name to Newsweek and introducing international editions. He was named honorary chairman of the board when the Washington Post Company

Washington Post Company

The Washington Post Company is an American education and media company, best known for owning the newspaper for which it is named, The Washington Post. The Company also owns Kaplan, Inc., a leading international provider of educational and career services for individuals, schools and businesses...

 bought the magazine in 1961.

He died in 1979 in Manhattan

Manhattan

Manhattan is the oldest and the most densely populated of the five boroughs of New York City. Located primarily on the island of Manhattan at the mouth of the Hudson River, the boundaries of the borough are identical to those of New York County, an original county of the state of New York...

of a stomach disease, pneumonia and old age.