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Bloomberg

Bloomberg State Of The City Speech: Mayor Promises Efficiency, Will Grant Protected Status To Haitians

AP | SARA KUGLER | Posted 05.25.2011 | New York

NEW YORK — New York Mayor Michael Bloomberg offered nothing splashy in a reserved "state of the city" speech Wednesday, saying his third term wo...

New Coney Island Coming To Brooklyn After $100 Million Land Deal

AP | MARCUS FRANKLIN | Posted 05.25.2011 | New York

NEW YORK — The historic and mostly dormant Coney Island amusement park district in New York City will be revived by next summer with some new at...

Bloomberg Considers Charging $1,000/Year For Parts Of Site

Business Insider | Jay Yarow|Nov. 4, 2009, 9:22 AM |1 | Posted 05.25.2011 | Media

Bloomberg LP is mulling plans to charge for access to parts of its website, as well as parts of newly acquired BusinessWeek's website. Bloomberg is...

Bloomberg Sets Record For Personal Spending In Pursuit Of Public Office

nytimes.com | MICHAEL BARBARO and DAVID W. CHEN | Posted 05.25.2011 | New York

Michael R. Bloomberg, the Wall Street mogul whose fortune catapulted him into New York's City Hall, has set another staggering financial record: He ha...

Bloomberg LP Acquires BusinessWeek

Posted 05.25.2011 | Media

Bloomberg LP has agreed to acquire BusinessWeek from McGraw-Hill, the company announced Tuesday. The terms of the sale were not disclosed, though Bus...

Deck the Halls With Boughs of Economic Folly

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

Anyone who thinks the U.S. is headed back to normality in terms of economic growth and employment is simply not looking at the facts.

Meredith Whitney: Banks 'Grossly Overvalued,' Wall St. Should Have Its Own Compass

Posted 05.25.2011 | Business

Wall Street analyst Meredith Whitney appeared on Bloomberg Radio this morning to respond to comments made by John Mack, the CEO of Morgan Stanley, tha...

What We're Not Saying: Why I Miss Eliot Spitzer

Will Schwartz | Posted 05.25.2011 | New York
Will Schwartz

We were perversely short-sighted with the way we handled Eliot Spitzer. We prioritized our blood lust for personal justice over our desire for effective public policy.

Mayor Bloomberg's Online Ad Blitz: The Final Tally

techPresident | Posted 05.25.2011 | Technology

Indeed, spending records from the New York City Campaign Finance Board show that Bloomberg handed over more than two million dollars to Connections Me...

The New York Times and Bloomberg Act as Stenographers for MSNBC on Anti-CNN Coverage

Charles Warner | Posted 05.25.2011 | Media
Charles Warner

Neither of two news stories made the connection between CNN's rating declines and the drastic change in its position on Time Warner Cable in New York, where 10 percent of America's televisions are.

Norm Pearlstine On BusinessWeek Purchase: "I Didn't Say The Magazine Has To Be Profitable"

The Wrap | Sharon Waxman | Posted 05.25.2011 | Media

I didn't say the magazine has to be profitable. What we've said is we have to run BusinessWeek as a business. But within the world of Bloomberg, there...

Harold Ford May Challenge Gillibrand For Senate Seat

Posted 05.25.2011 | New York

Just as Senator Kirsten Gillibrand thought she could breathe a little easier following news that GOP Rep. Peter King is "leaning against" seeking her ...

White House CEO List

politico.com | EAMON JAVERS | | Posted 05.25.2011 | Business

The White House has made a quiet but extensive effort to reach out to corporate executives in a series of dinners and lunches at the White House with ...

Bloomberg III Opens With Armory Battle

Jarrett Murphy | Posted 05.25.2011 | New York
Jarrett Murphy

The fight over living wages at the Kingsbridge Armory has become a linchpin for the living wage movement and an important test just weeks after Bloomberg won re-election by a thin margin.

Hong Kong Is New Target of U.S. Crackdown On Global Tax Evasion

bloomberg.com | David Voreacos, Carlyn Kolker and Alan Katz | Posted 05.25.2011 | World

Hong Kong is a new target of U.S. prosecutors pursuing a global campaign against evaders of federal taxes, spurred by data acquired in their crackdown...

Bloomberlusconi Wins in New York!

Tony Hendra | Posted 05.25.2011 | New York
Tony Hendra

Flouting the law, sneering at democracy, bachelor-at-large Michele Bloomberlusconi triumphed yesterday in his flagrant third-time purchase of the top spot in the supposedly smartest city in the world.

Designers Rally To Save NYC Garment District

Huffington Post | Mallika Rao | Posted 05.25.2011 | New York

Hundreds gathered on Wednesday in the heart of New York City's garment district to sway city officials against a decision that may push out the strugg...

National Democrats Choose Not To Aid William Thompson Jr. In Mayoral Race Against Bloomberg

AP | SARA KUGLER | Posted 05.25.2011 | New York

NEW YORK — A Democrat is struggling to unseat the mayor of the nation's largest city, but top party leaders are staying on the sidelines. The D...

3 Tips to Take Control of Fat Bottoms and Your Bottom Line!

Robyn O'Brien | Posted 11.17.2011 | Healthy Living
Robyn O'Brien

As the poor are being turned away from free cancer screenings, the US is buckling under the weight of obesity. Over the past 20 years there has been a dramatic increase in obesity.

John Mack, Morgan Stanley CEO: I Love Regulators! (VIDEO)

Posted 05.25.2011 | Business

Morgan Stanley CEO John Mack appears to have no problem financial regulators. In fact, Mack, speaking at a financial journalist panel held by Bloomber...

How Budget Cuts at the Times Helped Give NYC Bloomberg III

Steven G. Brant | Posted 05.25.2011 | New York
Steven G. Brant

Why weren't Bloomberg's well-known plans for global business news domination a bigger issue in the recent mayoral race? There was a failure of reporting at the Times caused by budget cuts.

John Reed, Former Citigroup CEO, APOLOGIZES For Creating Monster Of A Bank

The Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

It may be the most direct apology of the financial crisis. Former Citigroup chairman and CEO, John Reed, has apologized to a Bloomberg reporter fo...

The Full Story of How Tim Geithner Secretly Bailed Out Wall Street at Your Expense

Henry Blodget | Posted 05.25.2011 | Business
Henry Blodget

One of AIG's goals last fall was to persuade the counterparties to the credit default swaps it had written to accept buyouts as low as 40 cents on the dollar. Then Tim Geithner, head of the New York Fed, stepped in.

BusinessWeek and Bloomberg: Congrats to the Happy Couple!

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

It turns out that fewer magazines folded in 2009 than in the two years prior. While USA Today is way down right now, the Wall Street Journal has crept up to take its place.

PPIP: Banks 'Making A Killing' On Government Toxic Asset Program

Posted 05.25.2011 | Business

Remember the Public-Private Investment Program (PPIP)? The Treasury Department unveiled the program in March and intended it as a way to help banks un...