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Telemarketers Who Take Your Money For 'Charity' May Be Keeping Most Of It For...
Americans who make charitable donations to nonprofits like the American Diabetes Association and American Cancer Society are led to believe that the vast majority of their money will go directly to...
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NEEL KASHKARI: The Real Danger In The Fiscal Cliff Isn't Recession
PIMCO's Neel Kashkari just spoke at the Bloomberg 50 Summit with Wilbur Ross and Columbia University's Andy Stern. The topic of discussion — America's looming fiscal cliff. The fear is that the end of...
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NYC's Board Of Health Is Expected To Approve Bloomberg's Soda Ban Today
NEW YORK (AP) — The era of the supersized cola may come to an end in New York City on Thursday, when health officials are expected to approve an unprecedented 16-ounce limit on sodas and other sugary...
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SALLIE KRAWCHECK: Banking Is So Complicated Now It Makes You 'Weep Blood Out...
Sallie Krawcheck always knows how to get right to the point. She's at the Bloomberg Markets 50 conference right now on a panel with heavyweights like Dick Bove. The panel is called 'Fixing Broken...
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New York City Beats Los Angeles For The Priciest Sushi In America
Breaking news: living in New York is expensive. Between outrageous rent and the rising cost of taxi fare, it has never been more pricey to live in the Big Apple. And now New Yorkers have something...
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JP Morgan's Consummate Deal Maker —Jimmy Lee Is On Deck At The Bloomberg...
It's a huge day for Bloomberg and the financial industry — that's what happens anytime you get people like Jeff Gundlach and Sallie Krawcheck in the same room. More specifically, today from 8:30 AM...
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Bloomberg's Stephanie Ruhle And Cliff Asness Had Some Solid One-Liners During...
We're not saying Bloomberg's Stephanie Ruhle and AQR's Cliff Asness should quit their day jobs and go on tour, but they had some solid one-liners at the Bloomberg Markets 50 conference today. Ruhle...
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Meet The Bloomberg Reporter Who Mingles With Wall Streeters At Every Black...
Gala season is upon us, which means that night after night, New York City's (and thus Wall Street's) wealthiest will be wearing their finest at parties to support the charities of their choice....
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Movie Theaters Are Going To Court Over Bloomberg's Supersize Soda Ban
Cinemas in New York City are to fight a ban on selling supersized sugary drinks to filmgoers, which has been instituted on health grounds. The ruling by the board of health, which has the backing of...
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The 10 Americans Who Lost The Most Money This Year
Forbes released its annual list of the 400 richest Americans today, and while there are familiar faces at the top, some billionaires had better years than others. We combed the list to see which...
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Meet Kevin Reynolds, The Man Behind The Most Mindblowing News Service In The...
Consumers of news demand three things: Speed Accuracy Cheapness Suppliers of news, however, face a trilemma, as they usually have to sacrifice one in order to produce the other two. You can have...
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Jim Chanos Explodes A Bunch Of Republican Talking Points About The Economy
Famous short-seller Jim Chanos is at the Clinton Global Initiative this morning talking to Bloomberg's Betty Liu about everything from his investments to our current macro-economic climate. And you...
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Cisco CEO John Chambers Announces Retirement Plans, Publicly Names Potential...
Cisco Systems Inc. Chief Executive Officer John Chambers identified some of the senior leaders at the company that he and the board are considering to succeed him when he retires, which may be within...
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Intel's CEO Says Windows 8 Is Full Of Bugs (MSFT, INTC)
Intel Corp. Chief Executive Officer Paul Otellini told employees in Taiwan that Microsoft Corp.’s Windows 8 operating system is being released before it’s fully ready, a person who attended the...
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CORNELL: Mitt Romney Was Way Off About The 47%
Mitt Romney caught major heat for bashing the 47 percent of Americans who rely on government assistance at a recent fundraiser. But he was actually underestimating that figure––by a lot. A pair of...
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American Airlines Blames Loose Seats On Soda
(Updates with name of seat maker in sixth paragraph.) Oct. 5 (Bloomberg) -- American Airlines aircraft seats that dislodged in flight, causing the temporary grounding of 48 Boeing Co. 757s, already...
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Japan To Overtake China As The Biggest Creditor For The US
Oct. 16 (Bloomberg) -- China is poised to lose its place as the U.S.’s biggest creditor for the first time since the height of the financial crisis, blunting one of Mitt Romney’s favored attacks in...
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Online Retail Sales Are Booming Because Men Don't Have To Shop At The Mall...
Fashion is the fastest-growing segment of online commerce, and it’s being propelled by an atypical source: men. Men who have had to live with department stores designed primarily for women are...
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BLOOMBERG: Mary Schapiro Has Failed
Bloomberg's Joshua Gallu and Robert Schmidt talked to regulators to come up with a final grade on Mary Schapiro's term as SEC Chair, and they basically give her a D-. Admirers and critics agree...
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China Blocks The New York Times For Report On Wen Jiabao's Family Wealth
China's foreign ministry has accused the New York Times of smearing the country by reporting that premier Wen Jiabao's extended family has controlled assets worth at least $2.7bn (£1.67bn). Spokesman...
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