Fortune apologizes for plagiarism

New York Observer reports that Fortune magazine has issues an apology to readers for an article in its March issue that plagarized an article from the New York Times Magazine.
From the story: “

"In our Feb. 2 issue we published a story about Lukoil and its president titled “Russia’s King of Crude,”” the apology will read, a copy of which was obtained by The Observer. “We have since discovered that several passages were lifted from “The Triumph of the Quiet Tycoon,” written by Peter Maass and published in the New York Times Sunday Magazine on Aug. 1, 2004. Fortune apologizes to Mr. Maass and the New York Times Sunday Magazine.”