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Bloomberg News



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5Vote!

Bloomberg drops Wasik’s personal finance column

TALKING BIZ NEWS EXCLUSIVE Bloomberg News has dropped John Wasik’s award-winning personal finance column, the writer confirmed to Talking Biz News on Monday. Running for the past eight years, the column was eliminated as Bloomberg moved to consolidate its purchase of BusinessWeek. Earlier this year, Wasik had shared the personal finance beat with Jane Bryant...

5Vote!

Bloomberg Loses Zacharia to Washington Post

The Washington Post today announces a new Jerusalem Bureau Chief: Janine Zacharia . Zacharia has been the diplomatic correspondent at Bloomberg News . She speaks fluent Hebrew and some Arabic. For the last decade, she has been a Washington-based correspondent for the Jerusalem Post, The New Republic and Bloomberg with a break for a one-year Knight fellowship at Stanford. The release...

+Vote!

Crude slides after dollar cheers unemployment news

BC-US-OIL-MARKETS Crude Oil Falls as Dollar Surges on U.S. Unemployment Decline c.2009 Bloomberg News By Mark Shenk Dec. 4 (Bloomberg) — Crude oil declined as the dollar climbed on an unexpected drop of the U.S. unemployment rate, reducing the appeal of commodities to investors.

+Vote!

Not racing, but.... some good news

... rate fell to 10 per cent in November and just 11,000 positions were shed. Economists surveyed by Bloomberg News had anticipated a drop of 125,000 U.S. jobs...." Have a great weekend everyone! Inside Track Motorsport News // www.insidetracknews.com // 'Canada's Source for Motorsports'

10Vote!

Janet Tavakoli: Guns, Goldman Sachs, and Bloomberg's B.S.

Bloomberg News has done a lot of good research during this financial crisis, so I was surprised yesterday when it released Alice Schroeder's article claiming...

4Vote!

It's Bloomberg's BusinessWeek Now

Yes, it’s a bit over the top to compare buying a magazine with matters of war but getting the word that Bloomberg’s acquisition of BusinessWeek is official today reminded me of an interview I just heard about President Obama and Afghanistan. Until now, he’s been managing the results of someone else’s war. After tonight, he owns it. Simplistic, yes, and not quite the...

+Vote!

Analyst: Sprint & T-Mobile to merge

Citigroup analyst Michael Rollins said Sprint Nextel is likely to buy Bellevue-based T-Mobile USA next year, driving a surge in Sprint's stock today, according to a Bloomberg News report.

+Vote!

"Sotomayor's First High Court Opinion Produces Business Defeat"

"Sotomayor's First High Court Opinion Produces Business Defeat": Greg Stohr of Bloomberg News has this report. And Marcia Coyle of The National Law Journal reports that "Supreme Court Rejects Early Appeals of Attorney-Client Privilege Determinations."...

+Vote!

From Clinton, plain talk on Afghanistan - Washington Post

Reuters From Clinton, plain talk on Afghanistan Washington Post In testimony, Secretary of State Hillary Rodham Clinton questioned contractor hiring in Afghanistan and where US aid money is going. (Andrew Harrer/bloomberg News) Candor is, sadly, in short supply in Washington, particularly when government officials ... Pakistan Told to Ratchet Up Fight Against the Taliban New York Times...

+Vote!

Eric Boehlert: Shhhh! Another poll spike for Obama

... : An even more recent Quinnipiac survey puts Obama's approval rating at 46 percent, while a new Bloomberg News poll puts that number at 54 percent. Which result do you think is getting more media attention?

4Vote!

Dubai developer loses $3.65 billion

Nakheel PJSC, the Dubai World-owned property developer seeking to renegotiate debt, had a first-half loss of $3.65 billion as real-estate prices crashed in the Gulf business hub, according to a document obtained by Bloomberg News.

5Vote!

Today's Most Popular Stories 12.08.09

... me to stop 'demeaning' him, says Rep. Conyers Politico: Public option compromise takes shape ABC News: Obama's Number One Job? Jobs CBS News: Elin Nordegren Moves Out, Report Says Fox News: Biggest Waves in a Decade Predicted in Hawaii MSNBC News: Senate rejects tougher abortion measures CNN: Ohio executes inmate using single-drug method Wall Street Journal: Miles for...

5Vote!

Old Masters Expected to Set Records at Sotheby's and Christie's

... respectively. According to Christie's, these are the highest estimates seen at auction, says Bloomberg News. The Sotheby's sale occurs on Tuesday, featuring a Van Dyck portrait that could fetch as much as 3 million pounds. Unlike the volatile market for contemporary art, prices for the Old Masters have been relatively stable, as the supply is diminishing and demand is increasing....

4Vote!

Nakheel reportedly posts $3.65 bln first-half loss

LONDON (MarketWatch) -- Nakheel, the property developer owned by Dubai World, posted a first-half loss of $3.65 billion, according to Bloomberg News. The loss came as revenue fell and the firm wrote down the value of land and property assets, the news services reported, citing a document. Dubai World roiled global markets recently after the conglomerate said that it's seeking...

3Vote!

Tiger's standing as pitchman tanks

(By Brett Pulley and Michael Buteau, Bloomberg News) Tiger Woods' standing with the public is in freefall after reports of extramarital affairs, according to a consumer research company. The 33-year-old golfer's ranking on a list of celebrity endorsers plunged to 24th from 6th, based on the Davie Brown Index, which marketers and advertising agencies use to gauge the ability of personalities...