Huffington Post Launches Investigative Journalism Venture

The Huffington Post said Sunday that it will bankroll a group of investigative journalists, directing them at first to look at stories about the nation’s economy. The popular Web site is collaborating with The Atlantic Philanthropies and other donors to launch the Huffington Post Investigative Fund with an initial budget of $1.75 million. That should be enough for 10 staff journalists who will primarily coordinate stories with freelancers, said Arianna Huffington, co-founder and editor-in-chief of The Huffington Post. Work that the journalists produce will be available for any publication or Web site to use at the same time it is posted on The Huffington Post

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