Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.
Trump’s White House Covid Outbreak Shows America’s Pandemic in a Nutshell - Bloomberg
President Trump’s reckless abandon made a superspreader event all but inevitable, and it jeopardizes more lives just as a second virus surge begins.
Trump Bodyman Nick Luna Tests Positive For Covid-19 - Bloomberg
White House aide Nick Luna, who serves as a personal attendant to President Donald Trump, has tested positive for coronavirus infection, according to people familiar with the matter.
Trump Covid Update: Inside The White House When He Tested Positive For Virus - Bloomberg
Donald Trump’s calendar for October 1 showed a typical day for the president: time for tweeting in the morning, and a trip to his Bedminster, New Jersey, golf course in the afternoon to raise money for his cash-strapped re-election campaign.
China Clear Winner In Trump’s TikTok Showdown With China - Bloomberg
The deal he’s blessed doesn’t meet his demands and gives Beijing plenty to be happy about.
Stimulus Talks: Democrats Crafting New $2.4T Bill To Spur Negotiations - Bloomberg
House Democrats have started drafting a stimulus proposal of roughly $2.4 trillion that they can take into possible negotiations with the White House and Senate Republicans, according to House Democratic officials.
Trump Talks Up Need For Full Court As He Casts Doubt On Election - Bloomberg
President Donald Trump predicted that the U.S. Supreme Court will decide the outcome of the November election and argued the Senate should confirm his nominee to replace the late Justice Ruth Bader Ginsburg to break any tie.
Trump Zeroes In On Coney Barrett As Likely Supreme Court Pick - Bloomberg
Donald Trump is moving toward nominating Amy Coney Barrett to replace the late Justice Ruth Bader Ginsburg on the Supreme Court, according to people familiar with the matter, despite the president saying Monday he’s considering as many as five candidates.
Whistle-Blower Says Trump Aides Suppressed Russia Intelligence - Bloomberg
Trump administration appointees suppressed intelligence on Russian election interference and the threat from white supremacists, according to a whistle-blower complaint filed by the Department of Homeland Security’s former intelligence chief.
DOJ Seeks To Take Over Trump Defense In E. Jean Carroll Defamation Lawsuit - Bloomberg
The U.S. Justice Department is seeking to take over the defense of President Donald Trump in a defamation suit brought by advice columnist E. Jean Carroll, who claims Trump raped her two decades ago.
New Study Suggests Polls Are Missing Shy Trump Voters - Bloomberg
Republicans and independents may be less likely than Democrats to state their true preference for president, research finds.
New York State Investigating If Trump Inflated Assets - Bloomberg
New York’s attorney general is investigating whether President Donald Trump’s company inflated the value of his assets to secure favorable terms for loans and insurance coverage tax benefits, according to filings in a lawsuit brought by the state on Monday to enforce subpoenas in the matter.
Dow Industrials Kicks Out Exxon In Biggest Shake-Up Since 2013 - Bloomberg
Exxon Mobil Corp, Pfizer Inc. and Raytheon Technologies were kicked out of the Dow Jones Industrial Average as part of the stock benchmark’s biggest reshuffling in seven years.
Wisconsin Shooting Victim Hires Floyd’s Attorney: Protest Wrap - Bloomberg
The family of Jacob Blake, the unarmed Black man who was shot seven times in the back by police in Kenosha, Wisconsin, has retained attorney Ben Crump, who also represents the family of George Floyd, whose killing in Minneapolis police custody in May ignited protests around the globe.Blake’s shooting set off another wave of demonstrations just as Republicans renominated President Donald Trump, who has made criticism of protests against police shootings a centerpiece of his campaign.
Trump-Appointed Judge Demands Evidence Of Mail-in Voting Fraud - Bloomberg
A federal judge appointed by Donald Trump gave the president’s campaign one day to turn over evidence to support its claims of widespread mail-in voting fraud or admit that it doesn’t exist.
Uber CEO Threatens Future Shutdown In California Over Labor Law - Bloomberg
Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., threatened to temporarily shut down service in California if it loses a drawn-out fight over a state law seeking to reclassify contractors as employees.
Thousands Of Small Businesses Going Bankrupt In US Are Uncounted In Covid - Bloomberg
Big companies are going bankrupt at a record pace, but that’s only part of the carnage. By some accounts, small businesses are disappearing by the thousands amid the Covid-19 pandemic, and the drag on the economy from these failures could be huge.
New Zealand Reports First Local Covid-19 Cases In 102 Days - Bloomberg
New Zealand’s world-beating run of being Covid-free has come to an end, with the detection of new cases prompting the government to put largest city Auckland into lockdown.
Seattle Police Chief Resigns After City Council Slashes Funding - Bloomberg
Seattle Police Chief Carmen Best will leave the city’s police department, Mayor Jenny Durkan said, hours after the Seattle City Council voted to shrink its police force by 100 officers, trim the department’s budget and lower the salary of the chief.
States Wary of Trump’s Move For Them to Kick In on Federal Aid
A day after President Donald Trump took executive action to offer $400 per week in supplemental unemployment benefits, including 25% he said should be kicked in from state coffers, governors are pushing back.
Pelosi Cites Progress On Stimulus With Two Sides Still Far Apart - Bloomberg
House Speaker Nancy Pelosi said negotiations on a new virus relief package are making progress, but the two sides still have major differences with their self-imposed Friday deadline for a deal looming.
Microsoft (MSFT) In Talks To Buy TikTok In U.S. From China's Bytedance - Bloomberg
Microsoft Corp. is exploring an acquisition of TikTok’s operations in the U.S., according to a person familiar with the matter. A deal would give the software company a popular social-media site and relieve U.S. government pressure on the Chinese owner of the video-sharing app.
Trump To Order China’s ByteDance To Sell TikTok In U.S. - Bloomberg
President Donald Trump plans to announce a decision ordering China’s ByteDance Ltd. to divest its ownership of the music-video app TikTok, which is popular with U.S. teens, according to people familiar with the matter.
Ben & Jerry’s Halts U.S. Facebook, Twitter Ads Through Year End - Bloomberg
Ben & Jerry’s, the Unilever NV-owned ice cream brand, said it’s extending a halt of paid advertising on Facebook, Instagram and Twitter through the end of 2020.
GOP Rolls Out $1 Trillion Stimulus To Start Talks With Democrats - Bloomberg
Senate Republicans presented their $1 trillion plan to bolster the pandemic-ravaged U.S. economy in a series of bills that would trim extra unemployment benefits, send $1,200 payments to most Americans and shield businesses, schools and other organizations from lawsuits stemming from coronavirus infections.
Biden Campaign Bans Staff From Trading Stocks Without Approval - Bloomberg
The Biden campaign is forbidding staff from trading individual stocks without approval from the campaign’s general counsel, according to an email sent by the Democratic nominee’s top lawyer to staff on Monday afternoon.
China Reports Biggest Virus Spike Since End Of Wuhan Outbreak - Bloomberg
China reported the most domestic coronavirus infections in more than four months as it battles outbreaks in its western and northeastern regions, raising fears of a serious resurgence.
US Unemployment Benefits: Thousands Never Got Extra $600 Checks - Bloomberg
With millions of Americans set to lose $600 a week in extra federal unemployment benefits -- an economic lifeline during the pandemic -- many thousands have yet to receive that money.
Chicago Removes Columbus Statues; Agents Blocked: Protest Wrap - Bloomberg
Chicago took down two Christopher Columbus statues, after opponents of the monuments had clashed with supporters and police. Mayor Lori Lightfoot’s office said Friday the statues were temporarily removed because the demonstrations had become unsafe for protesters and officers. Chicago will assess other monuments, memorials and murals as well. And the city’s park district is considering renaming a park honoring Stephen Douglas, the Abraham Lincoln rival who owned slaves under his wife’s name.
Adversaries Continue Trying To Disrupt Upcoming U.S. Elections - Bloomberg
China, Russia and Iran are looking to disrupt the U.S. electoral process before November’s vote, including attempts at compromising the private communications of political campaigns and candidates, a top U.S. intelligence official warned.
McConnell’s Stimulus Waiting Game Turns Into Race Against Clock - Bloomberg
Senate Majority Leader Mitch McConnell waited until a key component of U.S. coronavirus aid was about to expire before drafting the Republican version of the next major relief bill, a decision that is increasingly looking like a significant miscalculation.
Philly D.A. Threatens To Arrest Federal Agents - Bloomberg
After Trump said he would send agents to more cities, Philly’s district attorney lays out how he might criminally charge federal officers.
McConnell Poised To Unveil Republican Version Of Stimulus Plan - Bloomberg
Senate Majority Leader Mitch McConnell may introduce the GOP stimulus plan as soon as Thursday with a series of bills that would serve as an opening to negotiations with Democrats.
Trump To Send Agents To Cities In Challenge To Democrats - Bloomberg
President Donald Trump said he will expand a federal law enforcement operation to Chicago and Albuquerque, New Mexico, setting up a rhetorical showdown with state and local leaders, if not an actual one over combating violent crime.
US-China Issues: Hong Kong, TikTok, Huawei, Trade, Covid - Bloomberg
An incumbent superpower and a rising one are finding coexistence increasingly difficult. Jockeying for position in a changing world, the U.S. and China are facing off on all sorts of issues, most -- but not all -- involving economic rather than military might. Here’s a rundown of some big disputes, some with significant real-world consequences and others that for now are mostly symbolic.
Zuckerberg’s Jealousy Held Back Instagram And Drove Off Founders - Bloomberg
The Facebook CEO promised Kevin Systrom independence, but an excerpt from Sarah Frier’s book No Filter shows that only lasted until Instagram started to look like the favorite son.
The Lasting Toll of a Deadly Virus
Hyundai, Levi Strauss, and Apple are already feeling the impact of the coronavirus.
Trump’s Immigrant Wealth Test Cleared to Start by Supreme Court
The U.S. Supreme Court cleared President Donald Trump’s administration to start enforcing its new immigrant wealth test, designed to screen out Green Card applicants seen as being at risk of becoming dependent on government benefits.
ByteDance Is Said To Weigh TikTok Stake Sale Over U.S. Concerns - Bloomberg
China’s ByteDance Inc. created one of the country’s rare global hits with the addictive video app TikTok. Now the U.S. government is threatening that success as officials in Washington warn the service presents a security threat.