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A collection of news and information related to Bloomberg L.P. published by this site and its partners.
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KKR crops up as possible suitor for Saks
Bloomberg News reports: KKR is weighing an investment in Saks with an eye toward merging it with Neiman Marcus, sources tell Bloomberg. The report comes a day after Saks hired Goldman Sachs to advise it on its "strategic options," including a possible...Tags: Neiman Marcus, Goldman Sachs Group, Inc.
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Caroline Baum: Federal Reserve handicaps race of its own making
Ed Koch, the late mayor of New York City, used to stop residents on the street and ask, "How am I doing?" With next month marking the four-year anniversary of the end of the 2007-2009 recession, the longest and deepest since the Great Depression, it...Tags: Money and Monetary Policy, Freedom of Information Act, Federal Reserve, Sotheby's Holdings Incorporated, Economic Indicator
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Bloomberg in damage-control mode over client snooping
Officials at Bloomberg, the New York financial news and information service, scrambled to deal with an unfolding customer privacy scandal after admitting its journalists had snooped on business clients for years through its network of terminals ubiquitous...
Tags: Journalism, Federal Reserve, Investments, Thomson Corporation, Michael Bloomberg
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Bloomberg editor calls journalists data access 'inexcusable'
ReutersBloomberg News Editor-in-Chief Matthew Winkler on Monday apologized for allowing journalists “limited” access to sensitive data about how clients used Bloomberg terminals, calling it “inexcusable." But he insisted that important...Tags: U.S. Department of the Treasury, New York City, Journalism, Federal Reserve, Germany
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Bloomberg CEO admits 'mistake' in snooping scandal
Bloomberg Chief Executive Daniel L. Doctoroff admitted that giving its journalists access to some subscriber information for its data terminals was "a mistake." The company went into damage control mode last week shortly after it disclosed that...
Tags: Federal Reserve, News Media, Goldman Sachs Group, Inc., The New York Times
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Abercrombie & Fitch chief's 'cool kids' comments draw outrage
Abercrombie & Fitch, the clothing retailer, has caught flak in recent days for controversial comments made in 2006 by its chief executive. The image-conscious company does not make or sell women’s clothing in any size above large, which is an...
Tags: Fashion Trends, The Huffington Post, Abercrombie & Fitch Company, Social Issues, Discrimination
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Subaru Adds Jobs, Cars to Indiana Factory
KickingTiresIn three years, the Subaru Impreza will hail from Indiana. Subaru imports today's Impreza, which competes with the Honda Civic, Ford Focus and other compact cars, from Japan. Its sole U.S. plant in Lafayette, Ind., builds the larger Legacy sedan,......Tags: Tribeca, Japan, Fuji Heavy Industries, Plant Openings
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Ford owners sue over MPG claims, 'under-performing' hybrids
Autoblog.comFiled under: Hybrid, MPG, USA A group of Ford hybrid owners in Pennsylvania aren't feeling too fraternal with the Blue Oval, suing the automaker for allegedly overstating fuel-economy figures, Bloomberg News reports. The claim, which was filed in a... -
Fund for Boston boat owner reaches $50K mark
David Henneberry's boat was shot up last week during the capture of Boston Marathon bombing suspect Dzhokhar Tsarnaev, and now an online charity campaign says it has reached its $50,000 goal to buy him a replacement. Henneberry, 65, of Watertown, Mass.,...
Tags: Boats, Dzhokhar Tsarnaev, Politics, Sports, Elections
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Former top T. Rowe Price manager to launch Baltimore hedge fund
Kris H. Jenner, the manager of T. Rowe Price Health Sciences Fund until his resignation in February, has raised more than $100 million to launch a Baltimore-based hedge fund, Bloomberg News reported. The hedge fund, which will be called Rock Springs...
Tags: T. Rowe Price, Mutual Funds
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Fisker Lays Off 75% of Workforce as Bankruptcy Looms
KickingTiresLeonardo DiCaprio may love his Fisker Karma, but the California automaker is listing like the Titanic. Less than a month after founder Henrik Fisker quit, the boutique car company laid off some 160 employees, the Detroit News reports, as it......Tags: Hurricane Sandy (2012), Tesla, The Detroit News, Career and Workplace, Employees
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Consumer confidence falls amid budget concerns
Stocks and housing prices continue to rise, but consumers are not feeling all that good about the state of the U.S. economy. Confidence among U.S. consumers fell more than forecast in March as Washington’s budget battle soured Americans’...
Tags: Internal Revenue Service, Consumer Confidence, Consumers, Economic Indicator
May 22, 2013
|Story| Chicago Tribune
May 17, 2013
|Story| Allentown Morning Call
May 14, 2013
|Story| Los Angeles Times
May 13, 2013
|Story| Chicago Tribune
May 13, 2013
|Story| Los Angeles Times
May 10, 2013
|Story| Los Angeles Times
May 8, 2013
|Blog| Cars.com
Apr 26, 2013
|Blog| Autoblog.com
Apr 25, 2013
|Story| Chicago Tribune
Apr 16, 2013
|Story| Baltimore Sun
Apr 8, 2013
|Blog| Cars.com
Mar 26, 2013
|Story| Los Angeles Times
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