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NEWS ABOUT: Bloomberg LP

AP Scores Helen Thomas Seat, Fox Gains Front Row

Musical chairs in the White House press briefing room

(Newser) - The coveted Helen Thomas seat in the White House press briefing room went to the AP yesterday, upsetting all three news organizations who'd been lobbying for it—Fox, Bloomberg, and NPR. But Fox moved up to the front row, into the old AP seat, and NPR moved into Fox's vacated... More »

Who Gets Helen Thomas' Front-Row Seat?

Opening in White House press room ignites speculation

(Newser) - Fox News and Bloomberg have already called dibs on the front-row seat in the White House briefing room held for decades by Helen Thomas, but will either one get it? The White House Correspondents Association will make the call, and Thomas, who retired in disgrace today , isn't talking. Pretty much... More »

Bloomberg Gets BusinessWeek for $5M

Financial-news giant founded by current NYC mayor promises it won't gut mag

(Newser) - Financial-news giant Bloomberg is the winning bidder for BusinessWeek, acquiring the 80-year-old magazine for between $2 and $5 million from parent McGraw-Hill, plus any liabilities associated with the purchase—not exactly a princely sum. “We are not buying BusinessWeek to gut it. We are buying it to build it,... More »

Sorry, Kids: No $99 iPhone at Wal-Mart

(Newser) - Rumors that Wal-Mart would offer an iPhone for $99 after Christmas proved unfounded, but the genesis of a misunderstanding that swept through business news outlets is intriguing, Fortune reports. Wal-Mart will indeed sell iPhones, and at a discount—a whopping $2 off list price. But a blogger’s report of... More »

Culture Shifts at Bloomberg's News Operation

Outsiders take some edge off, but outfit still bucks trend with growth

(Newser) - Unlike many news organizations, Bloomberg LP is growing, though whether the company’s culture will survive is in doubt, Seth Mnookin writes in Vanity Fair. Michael Bloomberg, mayor of New York and the company’s majority shareholder, no longer oversees day-to-day operations. And the chief architect of the financial services... More »

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