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Hedge Funds Are Closing Like It's 2009
This year could be the worst for hedge fund closures since the financial crisis, Bloomberg reported.In first half of the year, 461 funds shut their doors, the report said, citing research from Hedge...
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North America's 15 Least Frustrating Airports
As uncomfortable and tedious as air travel can be, there are some airports in North America that fliers find to be rather pleasant. Bloomberg Businessweek recently completed a study outlining the most...
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Bloomberg Poaches Economist Editor; Editor-In-Chief Matt Winkler Is Going...
A titan of the journalism industry is stepping down as editor-in-chief.Matthew Winkler, formerly editor-in-chief of Bloomberg, is shifting his role.He will be editor-in-chief emeritus — whatever that...
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I Still Think Joining A Fraternity Was One Of The Best Decisions I've Ever Made
Disclosure: I was in a fraternity in college. Further disclosure: It was one of the best decisions I made in my four years on campus.My second semester at Cornell University — where about a quarter of...
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Yes, Bloomberg should buy the New York Times — and, yes, this would be great...
Former New York mayor Mike Bloomberg is reportedly once again sniffing around and asking whether the New York Times might be for sale.It almost certainly isn't for sale.But he should buy it anyway.This...
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New York City's first 'micro apartments' are coming this spring — here's what...
In 2013, a project called My Micro NY won a design competition for the New York's first "micro apartments" sponsored by the Department of Housing Preservation and Development.Intended to create...
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Bloomberg calls Wall Street's newest hot spot 'a crime against truffles'
Since Hunt & Fish Club opened earlier this year, the swanky steakhouse has already built up a notable reputation with Wall Streeters and high profile celebrities.But one person remains unimpressed...
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The 20 richest people on the planet
Forbes is out with its annual list of the wealthiest people on the planet.Microsoft founder Bill Gates remained in the top spot for the second year in a row, having added $3.2 billion to his personal...
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Bloomberg's head of mobile is leaving to launch a new startup
Bloomberg's head of mobile is on the move—he's leaving the company to pursue a new venture.It's unclear what that is, however.Oke Okaro, who served for more than five years at Michael Bloomberg's media...
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A Bloomberg analyst just traveled across China and came back with a serious...
This is ominous. According to a report from Bloomberg's Timothy Coulter, Bloomberg Intelligence analyst Kenneth Hoffman just spent a week traveling across China and he came back with a really gloomy...
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This brutal Bloomberg Businessweek cover sums up what may be Hillary...
Bloomberg Businessweek has a harsh new cover story out Wednesday that makes clear that former Secretary of State Hillary Clinton should learn from her past mistakes while carrying out her presidential...
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Bloomberg had a massive unexplained outage this morning
Bloomberg terminals went down for nearly two and half hours on Friday. All around the world, Bloomberg terminals refused to connect. No clear cause has been announced yet and hundreds of thousands of...
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RUMOUR: the Bloomberg outage was caused by a spilled can of Coke
Bloomberg terminals went down for nearly two and half hours on Friday and the cause is yet to be officially confirmed.In a statement from its Twitter account, Bloomberg said that at this point, there...
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Here's what traders did when the most important machine on Wall Street went down
Bloomberg LP experienced a "significant" unexplained outage of its Bloomberg Terminals on Friday.The outage happened early this morning, so it mostly impacted folks in Europe. A Bloomberg Terminal is a...
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The one Bloomberg feature every trader felt lost without
When Bloomberg terminals went down for more than 2 hours on Friday morning, one feature that industry folks particularly missed was the chat tool, known as Instant Bloomberg.More than 315,000 people...
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The major Bloomberg outage was fixed by effectively switching it off and on...
Bloomberg has finally put out a statement over the root cause of why terminals went down for nearly two and half hours on Friday.It said in a statement sent to Business Insider (emphasis ours):"Service...
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The $45 billion mega-merger between Comcast and Time Warner Cable that was...
US regulators are leaning toward blocking a $45 billion mega-merger between Time Warner Cable and Comcast, Bloomberg reports.That would deal a blow to a pair of companies aiming to consolidate in the...
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The largest for-profit college chain in the world is reportedly planning a $1...
The largest for-profit college chain in the world may soon go public, according to Bloomberg reporters Leslie Picker and Devin Banerjee.Laureate Education — which owns more than 80 universities in 30...
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Elizabeth Warren is still hovering over Wall Street
The latest Bloomberg Markets cover story profiles populist Sen. Elizabeth Warren's (D-Massachusetts) efforts to reform Wall Street.Or, as the financial magazine put it: "BE AFRAID. BE VERY AFRAID. Why...
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Bloomberg's Mark Halperin apologizes for bungled Ted Cruz interview that lots...
Mark Halperin, the managing editor of Bloomberg Politics, apologized on Monday for his recent interview with presidential candidate and Sen. Ted Cruz (R-Texas) that was interpreted as racially...
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