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Bloomberg L.P.

Financial, software, data, and media company based in New York City

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Bloomberg L.P.: Financial, software, data, and media company based in New York City
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

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Are The Feds Goals Realistics? [Video]

Are The Feds Goals Realistics?

The Federal Reserve is targeting above 2% inflation. Scott Minerd, Guggenheim global CIO told Bloomberg on Wednesday it is "virtually impossible" for the Fed to achieve that without creating a bubble..

Credit: Wochit News     Duration: 00:31Published
Apple designs COVID-19 face masks for its employees [Video]

Apple designs COVID-19 face masks for its employees

In order to give its employees a major sense of relief, Apple has decided to design its own face masks and the company will distribute it to its retail and corporate employees. Most of the employees of..

Credit: ANI     Duration: 01:10Published
ByteDance may miss U.S. deadline - report [Video]

ByteDance may miss U.S. deadline - report

ByteDance is likely to miss the deadline imposed by the Trump administration for the sale of TikTok's U.S. assets as new Chinese regulations have complicated deal talks, Bloomberg reported on Thursday...

Credit: Reuters Studio     Duration: 00:54Published
Could The Stock Market Go On Another Ten-Year Bull Run? [Video]

Could The Stock Market Go On Another Ten-Year Bull Run?

The stock market is poised for another ten-year bull run. That's according to Brian Belski of BMO Capital Markets. Belski told Bloomberg that the stock market's low on March 23 was the "control alt..

Credit: Wochit News     Duration: 00:37Published
Airbnb Declines Takeover By Billionaire Investor [Video]

Airbnb Declines Takeover By Billionaire Investor

REUTERS/Brendan McDermid Summary List Placement Airbnb declined a merger with Bill Ackman's record-size acquisition company after early-stage talks, Bloomberg reported on Wednesday. The home-rental..

Credit: Wochit News     Duration: 00:33Published

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Bloomberg is financing an advertising blitz for Biden in Texas and Ohio.


NYTimes.com - Published

Chinese hackers RedDelta suspected in targeting HK Diocese and Vatican

chinese hackers reddelta suspected in targeting hk diocese and vatican
Previous Next Hackers alleged to be backed by China have renewed efforts to penetrate a Vatican email server even after the attacks became public, in a push to spy on sensitive negotiations between the..
WorldNews - Published

Apple is still bundling a power adapter with new Apple Watch Edition and Hermès

apple is still bundling a power adapter with new apple watch edition and hermès
Image: Apple During today’s “Time Flies” event, Apple explained why it has decided to stop including a power adapter in the box with the latest Apple Watch Series 6 and Apple Watch SE,..
The Verge - Published

Apple is removing the USB power adapter from upcoming Apple Watch boxes

apple is removing the usb power adapter from upcoming apple watch boxes
Photo by Vjeran Pavic / The Verge Apple on Tuesday announced it would no longer be shipping USB power adapters with Apple Watch devices, as part of an effort to reduce its environmental impact. The..
The Verge - Published

Sony reportedly making millions fewer PS5 consoles than expected

sony reportedly making millions fewer ps5 consoles than expected
Sony has cut its expectations for PlayStation 5 production by four million units and now expects to manufacture about 11 million units by the end of March, according to a new Bloomberg report...
The Verge - Published

Michael Bloomberg pledges $100 million to help Biden in Florida

The $100 million injection of cash will be used to turn out voters for Biden in Florida, a Bloomberg spokesperson said.
CBS News - Published

US election 2020: Bloomberg donates $100m for Biden in Florida

Donald Trump has hinted he will start spending his own money in the state that could swing the race.
BBC News - Published

Facebook appealing order by Ireland’s privacy regulator that could halt EU-US data transfers

facebook appealing order by ireland’s privacy regulator that could halt eu-us data transfers
Illustration by Alex Castro / The Verge Facebook is appealing a preliminary order from the Irish Data Protection Commission (IDPC) that the social media company says would require it to stop data..
The Verge - Published

Apple Music for Android contains mentions of rumored ‘Apple One’ services bundle

apple music for android contains mentions of rumored ‘apple one’ services bundle
Illustration by Alex Castro / The Verge The latest beta version of Apple Music for Android contains strings of code that directly mention the rumored bundle of the company’s services, according to..
The Verge - Published

Nintendo reportedly boosts Switch production as new model looms

nintendo reportedly boosts switch production as new model looms
Photo by Amelia Holowaty Krales / The Verge Nintendo is said to be increasing its Switch production again, with a new Bloomberg report saying the company is asking its partners to manufacture as..
The Verge - Published

China's top diplomat fails to restore strained ties with Europe

china's top diplomat fails to restore strained ties with europe
New York [US], September 5 (ANI): China's bid to mend its strained ties with European countries did not get much traction during a recent five-day Europe visit by Foreign Minister and State Councillor..
WorldNews - Published

Peloton is reportedly planning a cheaper new treadmill to keep home workouts on track

peloton is reportedly planning a cheaper new treadmill to keep home workouts on track
There are no two ways about it: the pandemic has been good for Peloton. Demand for the company’s high-end exercise equipment and at-home workouts has boomed as COVID-19 has shut gyms and kept..
The Verge - Published

Europe May Tighten Pollution Rules Again in Zero-Emissions Bid

europe may tighten pollution rules again in zero-emissions bid
By Ewa Krukowska (Bloomberg) — European Union governments are considering a plan to set an intermediate emissions-cut goal for 2040 in a bid to keep the bloc on track for climate neutrality,..
WorldNews - Published

Trump’s TikTok deal has hit a serious roadblock

trump’s tiktok deal has hit a serious roadblock
Illustration by Alex Castro / The Verge TikTok’s high-profile search for a US buyer is hitting a roadblock after weeks of public negotiations and months of national security debates. A string of..
The Verge - Published

Sonos patent gives possible first look at unannounced headphones

sonos patent gives possible first look at unannounced headphones
A couple of possible headphone designs are shown off in the patent. | Image: USPTO / Sonos A newly awarded patent suggests that Sonos is still hard at work on its debut pair of wireless headphones,..
The Verge - Published

Apple will soon release two Apple Watches and a new iPad Air: report

apple will soon release two apple watches and a new ipad air: report
Photo by Vjeran Pavic / The Verge Apple is planning to ship between 75 and 80 million 5G iPhones this year, according to a new Bloomberg report. The figure is in line with or slightly higher than..
The Verge - Published

A new $20 billion bid for TikTok could see it purchased by rival Triller (and a giant investment firm)

a new $20 billion bid for tiktok could see it purchased by rival triller (and a giant investment firm)
Illustration by Alex Castro / The Verge TikTok-rival Triller and Centricus (a London-based global investment firm) are the latest suitors looking to buy TikTok’s US business with a $20 billion..
The Verge - Published

Microsoft assigns Bungie veteran to help ship Halo Infinite

microsoft assigns bungie veteran to help ship halo infinite
Image: 343 Industries Joseph Staten, a veteran of the Halo series, has returned to the franchise and will work on the campaign for the upcoming Halo Infinite. The news was first reported by..
The Verge - Published

Jeff Bezos is now worth more than $200 billion, making him the richest person in the world by nearly $90 billion

jeff bezos is now worth more than $200 billion, making him the richest person in the world by nearly $90 billion
Jeff Bezos is now worth more than $200 billion, according to Forbes and Bloomberg.That makes him worth almost $90 billion more than the second-richest person in the world: Microsoft cofounder Bill..
WorldNews - Published

Dark web drug haven Empire Market has mysteriously disappeared

dark web drug haven empire market has mysteriously disappeared
Illustration by Alex Castro / The Verge Empire Market, one of the biggest dark web marketplaces, has been offline for three days, Bloomberg reports. It’s unclear what has happened to the site’s..
The Verge - Published

Nintendo reportedly releasing upgraded Switch next year

nintendo reportedly releasing upgraded switch next year
Photo by James Bareham / The Verge Nintendo is planning to release an upgraded version of its popular Switch game console next year, according to reports in Taiwan’s Economic Daily News and..
The Verge - Published

Boeing to Skirt Closed Border by Sending Max to Canada for Test

boeing to skirt closed border by sending max to canada for test
(Bloomberg) — Boeing Co. and Transport Canada have worked out a novel way to skirt closed borders so that the aviation regulator can run its own tests of revamped flight-control software on the..
WorldNews - Published

Apple will now give customers an entire year to buy extended warranty for products

apple will now give customers an entire year to buy extended warranty for products
Photo by Amelia Holowaty Krales / The Verge Apple is yet again making changes to the window of time customers have to buy its AppleCare+ extended warranty for the iPhone, iPad, Mac, and other..
The Verge - Published

Students are taking gap years to avoid online class, and startups are scooping them up

students are taking gap years to avoid online class, and startups are scooping them up
Photo by Ted Richardson for The Washington Post via Getty Images Only 2.5 percent of colleges are planning a fully in-person semester this upcoming year. Rather than spend a year staring at Zoom,..
The Verge - Published

Bitcoin Is Better Than Gold Right Now: Galaxy Digital’s Mike Novogratz

bitcoin is better than gold right now: galaxy digital’s mike novogratz
Advertisment Eyes are starting to fall on both Bitcoin and gold as money printing continues. Case in point: It was revealed that Warren Buffett through Berkshire Hathaway sold many bank stocks while..
WorldNews - Published

Ubisoft fires former Assassin’s Creed Valhalla creative director following an investigation

ubisoft fires former assassin’s creed valhalla creative director following an investigation
Illustration by Alex Castro / The Verge Ashraf Ismail, the former creative director for Assassin’s Creed Valhalla, has been fired by Ubisoft, Bloomberg reports. Ismail stepped down from his role..
The Verge - Published

India swings back to $2 trillion market cap club, as equities recover losses

india swings back to $2 trillion market cap club, as equities recover losses
Riding on abundant foreign liquidity which fuelled a rally in equities, aggregate market cap of Indian stock markets have expanded to pre-covid levels while recovering losses made in March. Data showed..
WorldNews - Published

Saudi Arabian billionaire prince on his country's economic futures in wake of tumbling gas price

Prince Alwaleed Bin Talal ranks 17th on the Bloomberg list of billionaires, and has urged his nation to diversify its economy as the U.S. increases its own energy production. He speaks with the "CBS..
CBS News - Published

Facebook is getting more serious about becoming your go-to for mobile payments

facebook is getting more serious about becoming your go-to for mobile payments
Illustration by Alex Castro / The Verge Facebook is aiming for a more cohesive strategy around digital payments with the formation of a new division, Facebook Financial, that “will run all..
The Verge - Published

Tim Cook is now a billionaire, but not the Jeff Bezos kind

tim cook is now a billionaire, but not the jeff bezos kind
Photo by Christopher Polk / NBC / NBCU Photo Bank via Getty Images A new analysis by Bloomberg finds that the net worth of Apple CEO Tim Cook has passed the $1 billion mark, officially making him a..
The Verge - Published

WarnerMedia CEO puts pressure on Amazon to carry HBO Max by holidays

warnermedia ceo puts pressure on amazon to carry hbo max by holidays
Presley Ann/Getty Images for WarnerMedia As disputes between Amazon and WarnerMedia over HBO Max continue, WarnerMedia CEO Jason Kilar is putting pressure on the tech giant to make an agreement by..
The Verge - Published

Korean Air's Quarterly Profit Defies Coronavirus Travel Slump

korean air's quarterly profit defies coronavirus travel slump
(Bloomberg) — Korean Air Lines Co. provided some rare positive news for the devastated global aviation industry Thursday, reporting a quarterly profit after flying planes loaded with products from..
WorldNews - Published

China Says It Can Boost Hong Kong Virus Testing by 20 Times

china says it can boost hong kong virus testing by 20 times
(Bloomberg) — China aims to boost Hong Kong’s coronavirus testing capacity to 20 times its current ability, said the leader of a support team sent from neighboring Guangdong province to aid the..
WorldNews - Published

China Three Gorges Mulls $4 Billion Stake Sale in Overseas Unit

china three gorges mulls $4 billion stake sale in overseas unit
(Bloomberg) — China Three Gorges Corp. is exploring selling a stake worth as much as $4 billion in the state-owned power company’s overseas asset portfolio, according to people familiar with the..
WorldNews - Published

Goldman’s 1MDB Fiasco Nears End With $3.9 Billion Malaysia Pact

goldman’s 1mdb fiasco nears end with $3.9 billion malaysia pact
(Bloomberg) — Goldman Sachs Group Inc. has reached a $3.9 billion pact with Malaysia, marking a big step in the Wall Street giant’s efforts to resolve its worst scandal since the financial crisis...
WorldNews - Published

Joe Biden Plots Energy Path With Eye on Left Flank, Swing-State Jobs

joe biden plots energy path with eye on left flank, swing-state jobs
(Bloomberg) — Joe Biden on Tuesday will unveil clean-energy and infrastructure plans that seek to balance progressives’ demands for bold action on climate against protecting swing-state jobs in a..
WorldNews - Published

Uber reportedly agrees to acquire Postmates for $2.65 billion

uber reportedly agrees to acquire postmates for $2.65 billion
Uber has reportedly agreed to buy Postmates in an all-stock deal worth $2.65 billion. According to Bloomberg, the deal may be announced on Monday morning. Like other travel- and transportation-related..
WorldNews - Published

Americans face 25% jump in power bills, adding to summer woe

americans face 25% jump in power bills, adding to summer woe
By Will Wade and Chris Martin, Bloomberg As the U.S. faces a blisteringly hot summer, millions of people already reeling from the coronavirus’s economic fallout are about to face sharp increases in..
WorldNews - Published

Airlines warn U.S. COVID spread threatens global industry revival

airlines warn u.s. covid spread threatens global industry revival
(Bloomberg) — High coronavirus infection rates in the U.S....
WorldNews - Published

Top designer at Intel resigns for personal reasons

top designer at intel resigns for personal reasons
Bloomberg Intel Corp on Thursday said that top chip designer Jim Keller has resigned for personal reasons, dealing a blow to the world’s biggest semiconductor maker as it tries to reassert its..
WorldNews - Published

Biggest LNG Shipper Signs $20 Billion Deal to Secure More Vessels

biggest lng shipper signs $20 billion deal to secure more vessels
By Verity Ratcliffe (Bloomberg) — Qatar has signed a deal worth around $20 billion with South Korean shipbuilders to help cement its position as the world’s largest producer of liquefied natural..
WorldNews - Published

Mike Pence self-isolates after aide was diagnosed with coronavirus: Bloomberg reporter

U.S. Vice President Mike Pence is self-isolating away from the White House after an aide was diagnosed with the coronavirus, a Bloomberg reporter tweeted..
Reuters - Published

Qatar Wealth Fund Said to Seek $7.6 Billion Loan Backed by Stock

qatar wealth fund said to seek $7.6 billion loan backed by stock
(Bloomberg) — Qatar’s sovereign fund is borrowing around 7 billion euros ($7.6 billion) against its stock holdings, as the top liquefied natural gas exporter seeks to bolster its cash reserves at a..
WorldNews - Published

Rich Asian investors are losing billions on fixed coupon notes

rich asian investors are losing billions on fixed coupon notes
A popular investment among Asia’s wealthy in the years of rock-bottom interest rates has been upended in the recent market rout, leaving investors facing losses estimated to be in the billions of..
WorldNews - Published

Biden's Health Play In A COVID-19 Economy: Lower Medicare's Eligibility Age To 60

biden's health play in a covid-19 economy: lower medicare's eligibility age to 60
Democratic presidential candidate Joe Biden proposes letting 60-year-olds enroll in Medicare. He'd pay for the expansion out of general tax revenue, he says, not the Medicare fund. (Image credit:..
WorldNews - Published

Oil price war: Is it game over for Trump?

oil price war: is it game over for trump?
As the US government tries to convince Russia and Saudi Arabia to put an end to the oil price war, it might just be too little, too late for the Trump Administration. Saudi Arabia has already hired..
WorldNews - Published

Trump to Meet With Oil Executives Reeling From Price Drop

trump to meet with oil executives reeling from price drop
(Bloomberg) — Oil company executives reeling from a massive drop in prices were set to meet with President Donald Trump at the White House Friday as the administration seeks ways to help the..
WorldNews - Published

Zoom sued for sending user data to Facebook

zoom sued for sending user data to facebook
Video-conferencing app Zoom’s creator Zoom Video Communications Inc. is being sued by a user for illegally disclosing personal information, Bloomberg reported on Tuesday. The lawsuit comes after a..
WorldNews - Published

Spain Reports 655 Deaths in Past 24 hours, Fewer Than Wednesday

spain reports 655 deaths in past 24 hours, fewer than wednesday
(Bloomberg) -- Spain saw 655 people die from the coronavirus over the past 24 hours as the pace of fatalities slowed. The total number of deaths rose to 4,089 and the number of confirmed cases climbed..
WorldNews - Published

U.S. stocks plunge with stimulus details uncertain

u.s. stocks plunge with stimulus details uncertain
The economic fallout from the pandemic continues to outpace the massive response from governments and central banks. (Bloomberg)—Financial markets spasmed, sending U.S. stocks down to levels in..
WorldNews - Published



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