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Wikipedia

Bloomberg L.P.

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was co-founded by Michael Bloomberg in 1981, with Thomas Secunda, Duncan MacMillan, Charles Zegar,[7] and a 12% ownership investment by Bank of America through their brokerage subsidiary Merrill Lynch.[8]

Bloomberg L.P.
TypePrivate, limited partnership
IndustryTechnology, Financial technology, mass media
FoundedOctober 1, 1981; 41 years ago (1981-10-01)[1][2]
FoundersMichael Bloomberg
Thomas Secunda
Duncan MacMillan
Charles Zegar[3]
HeadquartersBloomberg Tower
731 Lexington Avenue,
Number of locations
176 offices (2021)
Key people
Revenue US$10 billion (2019)[4]
OwnerMichael Bloomberg (88%)[5]
Bank of America (through Merrill Lynch) (12%)
Number of employees
20,000[6]
Websitebloomberg.com

Bloomberg L.P. provides financial software tools and enterprise applications such as analytics and equity trading platform, data services, and news to financial companies and organizations through the Bloomberg Terminal (via its Bloomberg Professional Service), its core revenue-generating product.[9] Bloomberg L.P. also includes a news agency (Bloomberg News), a global television network (Bloomberg Television), websites, radio stations (Bloomberg Radio), subscription-only newsletters, and two magazines: Bloomberg Businessweek and Bloomberg Markets.[10]

The company has 176 locations and nearly 20,000 employees.[4][11]

In May 2022, Bloomberg announced it would launch a new venture in the UK, Bloomberg UK, as part of a wider international strategy. Bloomberg UK plans to hire in the region and has launched a standalone website, a weekly video series, a podcast and new event series.[12]

History

In 1981, Salomon Brothers was acquired, and Michael Bloomberg, a general partner, was given a $10 million partnership settlement.[13] Bloomberg, having designed in-house computerized financial systems for Salomon,[14] used his $10 million partnership buyout to start Innovative Market Systems (IMS).[15][14] Bloomberg developed and built his own computerized system to provide real-time market data, financial calculations and other financial analytics to Wall Street firms. The Market Master terminal, later called the Bloomberg Terminal, was released to market in December 1982.[2] Merrill Lynch became the first customer, purchasing 20 terminals and a 30% equity stake in the company for $30 million in exchange for a five-year restriction on marketing the terminal to Merrill Lynch's competitors.[14] Merrill Lynch released IMS from this restriction in 1984.[14]

In 1986, the company renamed itself Bloomberg L.P. (limited partnership).[16] Bloomberg launched Bloomberg Business News, later Bloomberg News, in 1990, with Matthew Winkler as editor-in-chief.[17] Bloomberg.com was first established on September 29, 1993, as a financial portal with information on markets, currency conversion, news and events, and Bloomberg Terminal subscriptions.[18]

In late 1996, Bloomberg bought back one-third of Merrill Lynch's 30 percent stake in the company for $200 million, valuing the company at $2 billion.[19] In 2008, facing losses during the financial crisis, Merrill Lynch agreed to sell its remaining 20 percent stake in the company back to Bloomberg Inc.,[20] majority-owned by Michael Bloomberg,[21] for a reported $4.43 billion, valuing Bloomberg L.P. at approximately $22.5 billion.[22][23]

Bloomberg L.P. has remained a private company since its founding; the majority of which is owned by billionaire Michael Bloomberg.[22] To run for the position of Mayor of New York against Democrat Mark Green in 2001, Bloomberg gave up his position of CEO and appointed Lex Fenwick as CEO in his stead.[24] in 2012, Peter Grauer became the chairman of the company, a role he still holds.[25] In 2008, Fenwick became the CEO of Bloomberg Ventures, a new venture capital division and Daniel Doctoroff, former deputy mayor in the Bloomberg administration, was named president and CEO, serving until September 2014.[26][27] At that point, it was announced that Michael Bloomberg would be taking the reins of his eponymous market data company from Doctoroff, who was chief executive of Bloomberg for the past six years after his term as deputy mayor.[28]

Senior leadership

List of former chairmen

  1. Michael Bloomberg (1981–2001)

List of former chief executives

  1. Michael Bloomberg (1981–2001)
  2. Alexius "Lex" Fenwick (2001–2008)
  3. Daniel Doctoroff (2011–2014)

Acquisitions

Since its founding, Bloomberg L.P. has made several acquisitions including the radio station WNEW, BusinessWeek magazine, research company New Energy Finance, the Bureau of National Affairs and the financial software company Bloomberg PolarLake. On July 9, 2014, Bloomberg L.P. acquired RTS Realtime Systems, a global provider of low-latency connectivity and trading support services.[29] On August 13, 2019, Bloomberg acquired RegTek.Solutions in a move to expand its suite of regulatory reporting and data management services.[30]

Bloomberg Radio (formerly WNEW)

In 1992, Bloomberg L.P. purchased New York Radio station WNEW for $13.5 million. The station was converted into an all-news format, known as Bloomberg Radio, and the call letters were changed to WBBR.[31]

Bloomberg Businessweek (formerly BusinessWeek)

Bloomberg L.P. bought a weekly business magazine, BusinessWeek, from McGraw-Hill in 2009. The company acquired the magazine—which was suffering from declining advertising revenue and limited circulation numbers—to attract general business to its media audience composed primarily of terminal subscribers.[32] Following the acquisition, BusinessWeek was renamed Bloomberg Businessweek. In 2018, Joel Weber was named editor of the magazine.[33]

New Energy Finance

In 2009, Bloomberg L.P. purchased New Energy Finance, a data company focused on energy investment and carbon markets research based in the United Kingdom.[34] New Energy Finance was created by Michael Liebreich in 2004, to provide news, data and analysis on carbon and clean energy markets. Bloomberg L.P. acquired the company to become an industry resource for information to support low-carbon energy development. It was renamed to Bloomberg New Energy Finance or BNEF for short. Liebreich continued to lead the company, serving as the chief executive officer[35] until 2014, when he stepped down as CEO but remained involved as chairman of the advisory board.[36]

The company has been renamed BloombergNEF—or BNEF for short. BloombergNEF has expanded its research areas to cover renewable energy, advanced transport, digital industry, innovative materials, sustainability and commodities.[37][38] BNEF provides research, long-term forecasts, analytical tools and global in-depth analysis covering a wide range of energy and related industries. Analysts covering 6 continents publish more than 700 research reports a year.[39][40]

Bureau of National Affairs (BNA)

Bloomberg L.P. purchased Arlington, Virginia-based Bureau of National Affairs in August 2011, for $990 million to bolster its existing Bloomberg Government and Bloomberg Law services.[41] BNA publishes specialized online and print news and information for professionals in business and government. The company produces more than 350 news publications in topic areas that include corporate law and business, employee benefits, employment and labor law, environment, health and safety, health care, human resources, intellectual property, litigation, and tax and accounting.[42]

Bloomberg PolarLake

In May 2012, Bloomberg L.P. acquired Dublin-based software provider PolarLake and launched a new enterprise data management service to help companies acquire, manage and distribute data across their organizations.[43]

Barclays indices business

On December 16, 2015, it was announced that Barclays had agreed to sell its index business, Barclays Risk Analytics and Index Solutions Ltd (BRAIS), to Bloomberg L.P. for £520 million, or about $787 million.[44] The company will be renamed Bloomberg Index Services Limited.

Bloomberg sports analysis

In September 2014, Bloomberg sold its Bloomberg Sports analysis division to the data analysis firm STATS LLC (now Stats Perform) for a fee rumored to be between $15 million and $20 million.[45]

CityLab

On December 10, 2019, Bloomberg Media announced that it has reached an agreement to acquire CityLab, The Atlantic's award-winning news site for solutions-based journalism on urban innovation and the future of cities. This was Bloomberg's first acquisition of an editorial property by the news and financial data company in over a decade.[46]

Products and services

Bloomberg Professional Services

In 2011, sales from the Bloomberg Professional Services, also known as the Bloomberg Terminal, accounted for more than 85 percent of Bloomberg L.P.'s annual revenue.[47] The financial data vendor's proprietary computer system, starting at $24,000 per user per year,[48] allows subscribers to access the Bloomberg Professional service to monitor and analyze real-time financial data, search financial news, obtain price quotes and send electronic messages through the Bloomberg Messaging Service. The Terminal covers both public and private markets globally.[49]

Bloomberg News

Bloomberg News was co-founded by Michael Bloomberg and Matthew Winkler in 1990, to deliver financial news reporting to Bloomberg terminal subscribers. In 2000, Bloomberg News included more than 2,300 editors and reporters in 100 countries.[50] Content produced by Bloomberg News is disseminated through the Bloomberg terminal, Bloomberg Television, Bloomberg Radio, Bloomberg Businessweek, Bloomberg Markets and Bloomberg.com. Since 2015, John Micklethwait has served as editor-in-chief.[51]

Bloomberg Radio

Bloomberg Television

Bloomberg Television, a service of Bloomberg News, is a 24-hour financial news television network. It was introduced in 1994, as a subscription service transmitted on satellite television provider DirecTV, 13 hours a day, 7 days a week.[52] The network has taken over the channel space of the-defunct Financial News Network and hired most of the former FNN employees. Soon after, the network entered the cable television market and by 2000, Bloomberg's 24-hour news programming was being aired to 200 million households.[53] Justin B. Smith serves as CEO of Bloomberg Multimedia Group which includes Bloomberg Radio, Bloomberg Television and online components of Bloomberg's multimedia offerings.[54]

Bloomberg Markets

Bloomberg Markets is a monthly magazine launched in 1992, that provides in-depth coverage of global financial markets for finance professionals.[55] In 2010, the magazine was redesigned in an effort to update its readership beyond Bloomberg terminal users.[56] Michael Dukmejian has served as the magazine's publisher since 2009.[57]

Bloomberg Pursuits

Bloomberg Pursuits was a bimonthly luxury magazine distributed to Bloomberg terminal users and to newsstands. It ceased publication in 2016. A digital edition and show on Bloomberg Television continue under the same name.[58]

Bloomberg Entity Exchange

Bloomberg Entity Exchange is a web-based, centralised and secure platform for buy side firms, sell side firms, corporations and insurance firms, banks or brokers to fulfill Know Your Customer (KYC) compliance requirements. It was launched on May 25, 2016.[59][60]

Bloomberg Government

Launched in 2011, Bloomberg Government is an online service that provides news and information about politics, along with legislative and regulatory coverage.[61][62]

Bloomberg Law

In 2009, Bloomberg L.P. introduced Bloomberg Law, a subscription service for real-time legal research.[63] A subscription to the service provides access to law dockets, legal filings, and reports from Bloomberg legal analysts as well as business news and information.[64]

Bloomberg Opinion

Bloomberg Opinion, formerly Bloomberg View, is an editorial division of Bloomberg News which launched in May 2011.[65] The site provides editorial content from columnists, authors and editors about news issues and is available for free on the company's website.[66] David Shipley, former Op-Ed page editor at The New York Times, serves as Bloomberg Opinion's executive editor.[67]

Bloomberg Tradebook

Bloomberg Tradebook is an electronic agency brokerage for equity, futures, options and foreign exchange trades.[68] Its "buyside" services include access to trading algorithms, analytics and marketing insights, while its "sellside" services include connection to electronic trading networks and global trading capabilities.[69] Bloomberg Tradebook was founded in 1996, as an affiliate of Bloomberg L.P.[68]

Bloomberg Beta

Bloomberg Beta is a venture capital firm capitalized by Bloomberg L.P.[70] Founded in 2013, the $75 million fund is focused on investments in areas broadly of interest to Bloomberg L.P., and invests purely for financial return. It is headquartered in San Francisco.[71]

Bloomberg Innovation Index

The Bloomberg Innovation Index is an annual ranking of how innovative countries are. It is based on six criteria: research and development, manufacturing, high-tech companies, post-secondary education, research personnel, and patents.[72][73] Bloomberg uses data from the World Bank, the International Monetary Fund, the World Intellectual Property Organization, the United States Patent and Trademark Office, the OECD and UNESCO to compile the ranking.[74]

Open Bloomberg

Bloomberg has openly licensed its symbology system (Bloomberg Open Symbology, BSYM), and financial data API (Bloomberg Programming API, BLPAPI).[75]

Bloomberg Live

Bloomberg Live is a series of conferences targeted towards business people.[76]

Bloomberg Quicktake

Quicktake (formerly TicToc) is Bloomberg's social media brand. Originally launched on Twitter, it was expanded to other platforms including Facebook, Instagram, YouTube and is also available on Amazon's Alexa. It will also play at several screens across multiple airports in the United States and Canada. The platform is managed by a team of 70 people, consisting of editors, producers and social media specialists located across three bureaus in New York, London and Hong Kong.[77] In December 2019, TicToc was renamed "QuickTake by Bloomberg" in order to avoid confusion with the social media platform TikTok.[78] The camel case and the word "by" were later eliminated, and "Bloomberg" was moved in front of "Quicktake", although the two words do not always appear together.[79]

Bloomberg New Economy Forum

Bloomberg New Economy Forum is an invitation-only event for business executives, government officials, and academics.[citation needed] The inaugural event was held in 2018 in Singapore. In 2019, the annual forum will take place in Beijing, China.[80]

The Bloomberg New Economy Forum Community includes leaders from the public and private sectors from around the world. 2018 participants represented more than $5.36 trillion in market cap and boasted a roster of over 400 delegates from around the world. Forum advisory board members include former U.S. Secretary of State Dr. Henry A. Kissinger, former U.S. Secretary of the Treasury Hank Paulson, Vice Premier of China Zeng Peiyan, Bill Gates, Mukesh Ambani, Janet Yellen, Ursula Burns, Gary Cohn, Orit Gadiesh, Walter Isaacson, Yoriko Kawaguchi, Martin Lau, Jorge Paulo Lemann, Jean Liu, Strive Masiyiwa, and more.[citation needed] Founding partners of the forum included 3M, ADNOC, Dangote, ExxonMobil, FedEx, HSBC, Hyundai, Mastercard, Microsoft, & Softbank.[81]

Offices

Locations

 

Bloomberg L.P.'s headquarters is located in 731 Lexington Avenue (informally known as Bloomberg Tower) in Midtown Manhattan, New York City.[82] As of 2011, Bloomberg L.P. occupied 900,000 square feet (84,000 m2) of office space at the base of the tower. The company's New York offices also include 400,000 square feet (37,000 m2) located at 120 Park Avenue.[83] It maintains offices in 167 locations around the world,[6] including Bloomberg London, its European headquarters.[84]

Corporate culture

The Bloomberg L.P. offices are non-hierarchical – even executives do not have private offices.[42] All employees sit at identical white desks each topped with a custom-built Bloomberg computer terminal. The office space also includes rows of flat-panel monitors overhead that display news, market data, the weather and Bloomberg customer service statistics.[85]

Leadership

Bloomberg L.P.'s Management Committee includes Michael Bloomberg, Peter Grauer, and Thomas Secunda.[86]

Controversies

Turner Construction and Bloomberg LP construction scandal

Between 2010 and 2017, a "pay-to-play" scheme went along between two Turner Construction executives, two Bloomberg executives; and vendors and subcontractors involving interior construction at the Bloomberg offices including its headquarters at 731 Lexington Ave.[87] In July 2020, Bloomberg's construction manager Michael Campana was sentenced to two years in prison for tax evasion on $420,000 in connection with accepting bribery.[88][89][90] The bribery was in the form of cash, work on personal property, Super Bowl tickets and payment for Campana's wedding.[91] On September 29, 2020, Anthony Guzzone, the Director of Global Construction at Bloomberg from 2010 and 2017, pleaded guilty to evading taxes on over $1.45 million he received in bribes from construction subcontractors in exchange for being awarded work performed for Bloomberg. Guzzone accepted more than $5.1 million in bribes. He was sentenced to prison for three years and two months in January 2021[92][93][94][95]

Lawsuits

Olszewski v. Bloomberg L.P.

In 1996, former Bloomberg L.P. sales representative Mary Ann Olszewski sued the company, alleging that she was drugged and raped by her supervisor, Bryan Lewis, and claimed she was terminated shortly after reporting the incident in a May 25, 1995, meeting.[96][97] The lawsuit also alleged the company internally investigated Olszewski, attempting to get coworkers to portray her as "flirtatious" or a "sex hound."[97] Olszewski also claimed that male employees at the company engaged in the "sexual degradation of women" and that the company "took no steps to prevent or curtail the ongoing sexual harassment of female employees by Michael Bloomberg."[96] Bloomberg, on behalf of Bloomberg L.P., testified that he was made aware of the rape allegation and offered to move Olszewski into another sales unit.[97] Bloomberg also testified that he did not find Olszewski's allegation genuine because there was not "an unimpeachable third-party witness" present during the alleged event, elaborating that "there are times when three people are together."[98]

The case was dismissed by a federal judge in 1999 after Olszewski's lawyer had ignored repeated deadlines to submit a response to a motion to end the case. The case was re-opened by another lawyer in 2000, but disappeared from the court docket in 2001.[97]

Sekiko Sakai Garrison v. Michael Bloomberg and Bloomberg L.P.

In 1997, former Bloomberg L.P. sales executive Sekiko Sakai Garrison filed a lawsuit against the company and Michael Bloomberg, alleging sexual harassment and wrongful termination.[99][100] Garrison alleged that when she told Bloomberg that she was pregnant, he told her to "Kill it!" and said "Great! Number 16," referring to the number of women in the company who were pregnant or on maternity leave at the time.[98] According to the lawsuit, Garrison told a manager about the incident but was told to "forget it ever happened" before being fired.[96]

Garrison also claimed that Bloomberg told female salespeople to "line up to give him [oral sex] as a wedding present," referring to a male employee who was getting married.[96] The lawsuit also alleged that Bloomberg berated a female employee who had trouble finding a nanny, saying, "It's a f------ baby! All it does is eat and s---! It doesn't know the difference between you and anyone else! All you need is some black who doesn't even have to speak English to rescue it from a burning building!"[96][99]

The company did not admit any wrongdoing, but settled the lawsuit out of court in 2000.[97]

EEOC v. Bloomberg L.P.

In September 2007, the Equal Employment Opportunity Commission (EEOC) filed a class-action lawsuit against Bloomberg L.P. on behalf of more than 80 female employees who argued that Bloomberg L.P. engaged in discrimination against women who took maternity leave.[101] In August 2011, Judge Loretta A. Preska of the federal United States District Court for the Southern District of New York in Manhattan dismissed the charges, writing that the Equal Employment Opportunity Commission did not present sufficient evidence to support their claim.[102]

In September 2013, Preska dismissed an EEOC lawsuit on behalf of 29 pregnant employees of Bloomberg L.P.[103] In addition, she dismissed pregnancy bias claims from five individual plaintiffs, and allowed part of the case from a sixth plaintiff to proceed.[104]

Bloomberg L.P. v. Board of Governors of the Federal Reserve

Bloomberg L.P. brought a lawsuit against the Board of Governors of the Federal Reserve System (Bloomberg L.P. v. Board of Governors of the Federal Reserve System) to force the Fed to share details about its lending programs during the U.S. Government bailout in 2008.[105] The records documented Federal Reserve loans issued to financial firms and revealed the identities of the firms, the amounts borrowed and the collateral posted in return.[106] Bloomberg L.P. won at the trial court level.[107] The Second Circuit Court ruled in favor of Bloomberg L.P. in March 2010, but the case was appealed to the Supreme Court by a group of large U.S. commercial banks in October. In March 2011, the Supreme Court let stand the Second Circuit Court ruling mandating the release of Fed bailout details.[108]

Bloomberg L.P. v. Bloomberg Ltd

On October 22, 2008, Bloomberg L.P. applied for a change of name of Bloomberg Ltd, under s. 69(1)(b) of the Companies Act 2006. Bloomberg L.P. then amended its name to Bloomberg Finance Three L.P. Bloomberg Ltd was ordered at the Company Names Tribunal on May 11, 2009, to change its name so as to not have a name that would likely interfere, by similarity, with the goodwill of Bloomberg Finance Three L.P. as well as to pay costs.[109]

Nafeesa Syeed v. Bloomberg L.P.

According to a recent case in August 2020, Bloomberg L.P. is again being charged with discrimination against black and non-white workers. Nafeesa Syeed, who served at Bloomberg for around four years as a national security reporter and Middle East reporter, sued the corporation in New York city court for sexism based on her gender and her ethnicity as a South Asian-American. Bloomberg faces a related complaint by a former saleswoman, who filed under a pseudonym in June and the corporation is now seeking to compel a public release of her name. Throughout both cases the same law firm defends the victims.[110]

See also

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bloomberg, other, uses, bloomberg, disambiguation, privately, held, financial, software, data, media, company, headquartered, midtown, manhattan, york, city, founded, michael, bloomberg, 1981, with, thomas, secunda, duncan, macmillan, charles, zegar, ownership. For other uses see Bloomberg disambiguation Bloomberg L P is a privately held financial software data and media company headquartered in Midtown Manhattan New York City It was co founded by Michael Bloomberg in 1981 with Thomas Secunda Duncan MacMillan Charles Zegar 7 and a 12 ownership investment by Bank of America through their brokerage subsidiary Merrill Lynch 8 Bloomberg L P Bloomberg Tower on Lexington Avenue in Midtown ManhattanTypePrivate limited partnershipIndustryTechnology Financial technology mass mediaFoundedOctober 1 1981 41 years ago 1981 10 01 1 2 FoundersMichael BloombergThomas SecundaDuncan MacMillanCharles Zegar 3 HeadquartersBloomberg Tower731 Lexington Avenue New York CityNumber of locations176 offices 2021 Key peoplePeter Grauer chairman Michael Bloomberg co founder amp CEO RevenueUS 10 billion 2019 4 OwnerMichael Bloomberg 88 5 Bank of America through Merrill Lynch 12 Number of employees20 000 6 Websitebloomberg comBloomberg L P provides financial software tools and enterprise applications such as analytics and equity trading platform data services and news to financial companies and organizations through the Bloomberg Terminal via its Bloomberg Professional Service its core revenue generating product 9 Bloomberg L P also includes a news agency Bloomberg News a global television network Bloomberg Television websites radio stations Bloomberg Radio subscription only newsletters and two magazines Bloomberg Businessweek and Bloomberg Markets 10 The company has 176 locations and nearly 20 000 employees 4 11 In May 2022 Bloomberg announced it would launch a new venture in the UK Bloomberg UK as part of a wider international strategy Bloomberg UK plans to hire in the region and has launched a standalone website a weekly video series a podcast and new event series 12 Contents 1 History 2 Senior leadership 2 1 List of former chairmen 2 2 List of former chief executives 3 Acquisitions 3 1 Bloomberg Radio formerly WNEW 3 2 Bloomberg Businessweek formerly BusinessWeek 3 3 New Energy Finance 3 4 Bureau of National Affairs BNA 3 5 Bloomberg PolarLake 3 6 Barclays indices business 3 7 Bloomberg sports analysis 3 8 CityLab 4 Products and services 4 1 Bloomberg Professional Services 4 2 Bloomberg News 4 3 Bloomberg Radio 4 4 Bloomberg Television 4 5 Bloomberg Markets 4 6 Bloomberg Pursuits 4 7 Bloomberg Entity Exchange 4 8 Bloomberg Government 4 9 Bloomberg Law 4 10 Bloomberg Opinion 4 11 Bloomberg Tradebook 4 12 Bloomberg Beta 4 13 Bloomberg Innovation Index 4 14 Open Bloomberg 4 15 Bloomberg Live 4 16 Bloomberg Quicktake 4 17 Bloomberg New Economy Forum 5 Offices 5 1 Locations 5 2 Corporate culture 5 3 Leadership 6 Controversies 6 1 Turner Construction and Bloomberg LP construction scandal 6 2 Lawsuits 6 2 1 Olszewski v Bloomberg L P 6 2 2 Sekiko Sakai Garrison v Michael Bloomberg and Bloomberg L P 6 2 3 EEOC v Bloomberg L P 6 2 4 Bloomberg L P v Board of Governors of the Federal Reserve 6 2 5 Bloomberg L P v Bloomberg Ltd 6 2 6 Nafeesa Syeed v Bloomberg L P 7 See also 8 References 9 External linksHistory Edit Bloomberg Terminal at London City Airport In 1981 Salomon Brothers was acquired and Michael Bloomberg a general partner was given a 10 million partnership settlement 13 Bloomberg having designed in house computerized financial systems for Salomon 14 used his 10 million partnership buyout to start Innovative Market Systems IMS 15 14 Bloomberg developed and built his own computerized system to provide real time market data financial calculations and other financial analytics to Wall Street firms The Market Master terminal later called the Bloomberg Terminal was released to market in December 1982 2 Merrill Lynch became the first customer purchasing 20 terminals and a 30 equity stake in the company for 30 million in exchange for a five year restriction on marketing the terminal to Merrill Lynch s competitors 14 Merrill Lynch released IMS from this restriction in 1984 14 In 1986 the company renamed itself Bloomberg L P limited partnership 16 Bloomberg launched Bloomberg Business News later Bloomberg News in 1990 with Matthew Winkler as editor in chief 17 Bloomberg com was first established on September 29 1993 as a financial portal with information on markets currency conversion news and events and Bloomberg Terminal subscriptions 18 In late 1996 Bloomberg bought back one third of Merrill Lynch s 30 percent stake in the company for 200 million valuing the company at 2 billion 19 In 2008 facing losses during the financial crisis Merrill Lynch agreed to sell its remaining 20 percent stake in the company back to Bloomberg Inc 20 majority owned by Michael Bloomberg 21 for a reported 4 43 billion valuing Bloomberg L P at approximately 22 5 billion 22 23 Bloomberg L P has remained a private company since its founding the majority of which is owned by billionaire Michael Bloomberg 22 To run for the position of Mayor of New York against Democrat Mark Green in 2001 Bloomberg gave up his position of CEO and appointed Lex Fenwick as CEO in his stead 24 in 2012 Peter Grauer became the chairman of the company a role he still holds 25 In 2008 Fenwick became the CEO of Bloomberg Ventures a new venture capital division and Daniel Doctoroff former deputy mayor in the Bloomberg administration was named president and CEO serving until September 2014 26 27 At that point it was announced that Michael Bloomberg would be taking the reins of his eponymous market data company from Doctoroff who was chief executive of Bloomberg for the past six years after his term as deputy mayor 28 Senior leadership EditChairman Peter Grauer since March 2001 Chief Executive Michael Bloomberg since December 2014 List of former chairmen Edit Michael Bloomberg 1981 2001 List of former chief executives Edit Michael Bloomberg 1981 2001 Alexius Lex Fenwick 2001 2008 Daniel Doctoroff 2011 2014 Acquisitions EditSince its founding Bloomberg L P has made several acquisitions including the radio station WNEW BusinessWeek magazine research company New Energy Finance the Bureau of National Affairs and the financial software company Bloomberg PolarLake On July 9 2014 Bloomberg L P acquired RTS Realtime Systems a global provider of low latency connectivity and trading support services 29 On August 13 2019 Bloomberg acquired RegTek Solutions in a move to expand its suite of regulatory reporting and data management services 30 Bloomberg Radio formerly WNEW Edit In 1992 Bloomberg L P purchased New York Radio station WNEW for 13 5 million The station was converted into an all news format known as Bloomberg Radio and the call letters were changed to WBBR 31 Bloomberg Businessweek formerly BusinessWeek Edit Bloomberg L P bought a weekly business magazine BusinessWeek from McGraw Hill in 2009 The company acquired the magazine which was suffering from declining advertising revenue and limited circulation numbers to attract general business to its media audience composed primarily of terminal subscribers 32 Following the acquisition BusinessWeek was renamed Bloomberg Businessweek In 2018 Joel Weber was named editor of the magazine 33 New Energy Finance Edit In 2009 Bloomberg L P purchased New Energy Finance a data company focused on energy investment and carbon markets research based in the United Kingdom 34 New Energy Finance was created by Michael Liebreich in 2004 to provide news data and analysis on carbon and clean energy markets Bloomberg L P acquired the company to become an industry resource for information to support low carbon energy development It was renamed to Bloomberg New Energy Finance or BNEF for short Liebreich continued to lead the company serving as the chief executive officer 35 until 2014 when he stepped down as CEO but remained involved as chairman of the advisory board 36 The company has been renamed BloombergNEF or BNEF for short BloombergNEF has expanded its research areas to cover renewable energy advanced transport digital industry innovative materials sustainability and commodities 37 38 BNEF provides research long term forecasts analytical tools and global in depth analysis covering a wide range of energy and related industries Analysts covering 6 continents publish more than 700 research reports a year 39 40 Bureau of National Affairs BNA Edit Bloomberg L P purchased Arlington Virginia based Bureau of National Affairs in August 2011 for 990 million to bolster its existing Bloomberg Government and Bloomberg Law services 41 BNA publishes specialized online and print news and information for professionals in business and government The company produces more than 350 news publications in topic areas that include corporate law and business employee benefits employment and labor law environment health and safety health care human resources intellectual property litigation and tax and accounting 42 Bloomberg PolarLake Edit In May 2012 Bloomberg L P acquired Dublin based software provider PolarLake and launched a new enterprise data management service to help companies acquire manage and distribute data across their organizations 43 Barclays indices business Edit On December 16 2015 it was announced that Barclays had agreed to sell its index business Barclays Risk Analytics and Index Solutions Ltd BRAIS to Bloomberg L P for 520 million or about 787 million 44 The company will be renamed Bloomberg Index Services Limited Bloomberg sports analysis Edit In September 2014 Bloomberg sold its Bloomberg Sports analysis division to the data analysis firm STATS LLC now Stats Perform for a fee rumored to be between 15 million and 20 million 45 CityLab Edit On December 10 2019 Bloomberg Media announced that it has reached an agreement to acquire CityLab The Atlantic s award winning news site for solutions based journalism on urban innovation and the future of cities This was Bloomberg s first acquisition of an editorial property by the news and financial data company in over a decade 46 Products and services EditBloomberg Professional Services Edit In 2011 sales from the Bloomberg Professional Services also known as the Bloomberg Terminal accounted for more than 85 percent of Bloomberg L P s annual revenue 47 The financial data vendor s proprietary computer system starting at 24 000 per user per year 48 allows subscribers to access the Bloomberg Professional service to monitor and analyze real time financial data search financial news obtain price quotes and send electronic messages through the Bloomberg Messaging Service The Terminal covers both public and private markets globally 49 Bloomberg News Edit Bloomberg News was co founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg terminal subscribers In 2000 Bloomberg News included more than 2 300 editors and reporters in 100 countries 50 Content produced by Bloomberg News is disseminated through the Bloomberg terminal Bloomberg Television Bloomberg Radio Bloomberg Businessweek Bloomberg Markets and Bloomberg com Since 2015 John Micklethwait has served as editor in chief 51 Bloomberg Radio Edit Main article Bloomberg Radio Bloomberg Television Edit Bloomberg Television a service of Bloomberg News is a 24 hour financial news television network It was introduced in 1994 as a subscription service transmitted on satellite television provider DirecTV 13 hours a day 7 days a week 52 The network has taken over the channel space of the defunct Financial News Network and hired most of the former FNN employees Soon after the network entered the cable television market and by 2000 Bloomberg s 24 hour news programming was being aired to 200 million households 53 Justin B Smith serves as CEO of Bloomberg Multimedia Group which includes Bloomberg Radio Bloomberg Television and online components of Bloomberg s multimedia offerings 54 Bloomberg Markets Edit Bloomberg Markets is a monthly magazine launched in 1992 that provides in depth coverage of global financial markets for finance professionals 55 In 2010 the magazine was redesigned in an effort to update its readership beyond Bloomberg terminal users 56 Michael Dukmejian has served as the magazine s publisher since 2009 57 Bloomberg Pursuits Edit Bloomberg Pursuits was a bimonthly luxury magazine distributed to Bloomberg terminal users and to newsstands It ceased publication in 2016 A digital edition and show on Bloomberg Television continue under the same name 58 Bloomberg Entity Exchange Edit Bloomberg Entity Exchange is a web based centralised and secure platform for buy side firms sell side firms corporations and insurance firms banks or brokers to fulfill Know Your Customer KYC compliance requirements It was launched on May 25 2016 59 60 Bloomberg Government Edit Launched in 2011 Bloomberg Government is an online service that provides news and information about politics along with legislative and regulatory coverage 61 62 Bloomberg Law Edit In 2009 Bloomberg L P introduced Bloomberg Law a subscription service for real time legal research 63 A subscription to the service provides access to law dockets legal filings and reports from Bloomberg legal analysts as well as business news and information 64 Bloomberg Opinion Edit Bloomberg Opinion formerly Bloomberg View is an editorial division of Bloomberg News which launched in May 2011 65 The site provides editorial content from columnists authors and editors about news issues and is available for free on the company s website 66 David Shipley former Op Ed page editor at The New York Times serves as Bloomberg Opinion s executive editor 67 Bloomberg Tradebook Edit Bloomberg Tradebook is an electronic agency brokerage for equity futures options and foreign exchange trades 68 Its buyside services include access to trading algorithms analytics and marketing insights while its sellside services include connection to electronic trading networks and global trading capabilities 69 Bloomberg Tradebook was founded in 1996 as an affiliate of Bloomberg L P 68 Bloomberg Beta Edit Bloomberg Beta is a venture capital firm capitalized by Bloomberg L P 70 Founded in 2013 the 75 million fund is focused on investments in areas broadly of interest to Bloomberg L P and invests purely for financial return It is headquartered in San Francisco 71 Bloomberg Innovation Index Edit The Bloomberg Innovation Index is an annual ranking of how innovative countries are It is based on six criteria research and development manufacturing high tech companies post secondary education research personnel and patents 72 73 Bloomberg uses data from the World Bank the International Monetary Fund the World Intellectual Property Organization the United States Patent and Trademark Office the OECD and UNESCO to compile the ranking 74 Open Bloomberg Edit Bloomberg has openly licensed its symbology system Bloomberg Open Symbology BSYM and financial data API Bloomberg Programming API BLPAPI 75 Bloomberg Live Edit Bloomberg Live is a series of conferences targeted towards business people 76 Bloomberg Quicktake Edit Quicktake formerly TicToc is Bloomberg s social media brand Originally launched on Twitter it was expanded to other platforms including Facebook Instagram YouTube and is also available on Amazon s Alexa It will also play at several screens across multiple airports in the United States and Canada The platform is managed by a team of 70 people consisting of editors producers and social media specialists located across three bureaus in New York London and Hong Kong 77 In December 2019 TicToc was renamed QuickTake by Bloomberg in order to avoid confusion with the social media platform TikTok 78 The camel case and the word by were later eliminated and Bloomberg was moved in front of Quicktake although the two words do not always appear together 79 Bloomberg New Economy Forum Edit Bloomberg New Economy Forum is an invitation only event for business executives government officials and academics citation needed The inaugural event was held in 2018 in Singapore In 2019 the annual forum will take place in Beijing China 80 The Bloomberg New Economy Forum Community includes leaders from the public and private sectors from around the world 2018 participants represented more than 5 36 trillion in market cap and boasted a roster of over 400 delegates from around the world Forum advisory board members include former U S Secretary of State Dr Henry A Kissinger former U S Secretary of the Treasury Hank Paulson Vice Premier of China Zeng Peiyan Bill Gates Mukesh Ambani Janet Yellen Ursula Burns Gary Cohn Orit Gadiesh Walter Isaacson Yoriko Kawaguchi Martin Lau Jorge Paulo Lemann Jean Liu Strive Masiyiwa and more citation needed Founding partners of the forum included 3M ADNOC Dangote ExxonMobil FedEx HSBC Hyundai Mastercard Microsoft amp Softbank 81 Offices EditLocations Edit Bloomberg London building Bloomberg L P s headquarters is located in 731 Lexington Avenue informally known as Bloomberg Tower in Midtown Manhattan New York City 82 As of 2011 update Bloomberg L P occupied 900 000 square feet 84 000 m2 of office space at the base of the tower The company s New York offices also include 400 000 square feet 37 000 m2 located at 120 Park Avenue 83 It maintains offices in 167 locations around the world 6 including Bloomberg London its European headquarters 84 Corporate culture Edit The Bloomberg L P offices are non hierarchical even executives do not have private offices 42 All employees sit at identical white desks each topped with a custom built Bloomberg computer terminal The office space also includes rows of flat panel monitors overhead that display news market data the weather and Bloomberg customer service statistics 85 Leadership Edit Bloomberg L P s Management Committee includes Michael Bloomberg Peter Grauer and Thomas Secunda 86 Controversies EditTurner Construction and Bloomberg LP construction scandal Edit Between 2010 and 2017 a pay to play scheme went along between two Turner Construction executives two Bloomberg executives and vendors and subcontractors involving interior construction at the Bloomberg offices including its headquarters at 731 Lexington Ave 87 In July 2020 Bloomberg s construction manager Michael Campana was sentenced to two years in prison for tax evasion on 420 000 in connection with accepting bribery 88 89 90 The bribery was in the form of cash work on personal property Super Bowl tickets and payment for Campana s wedding 91 On September 29 2020 Anthony Guzzone the Director of Global Construction at Bloomberg from 2010 and 2017 pleaded guilty to evading taxes on over 1 45 million he received in bribes from construction subcontractors in exchange for being awarded work performed for Bloomberg Guzzone accepted more than 5 1 million in bribes He was sentenced to prison for three years and two months in January 2021 92 93 94 95 Lawsuits Edit Olszewski v Bloomberg L P Edit In 1996 former Bloomberg L P sales representative Mary Ann Olszewski sued the company alleging that she was drugged and raped by her supervisor Bryan Lewis and claimed she was terminated shortly after reporting the incident in a May 25 1995 meeting 96 97 The lawsuit also alleged the company internally investigated Olszewski attempting to get coworkers to portray her as flirtatious or a sex hound 97 Olszewski also claimed that male employees at the company engaged in the sexual degradation of women and that the company took no steps to prevent or curtail the ongoing sexual harassment of female employees by Michael Bloomberg 96 Bloomberg on behalf of Bloomberg L P testified that he was made aware of the rape allegation and offered to move Olszewski into another sales unit 97 Bloomberg also testified that he did not find Olszewski s allegation genuine because there was not an unimpeachable third party witness present during the alleged event elaborating that there are times when three people are together 98 The case was dismissed by a federal judge in 1999 after Olszewski s lawyer had ignored repeated deadlines to submit a response to a motion to end the case The case was re opened by another lawyer in 2000 but disappeared from the court docket in 2001 97 Sekiko Sakai Garrison v Michael Bloomberg and Bloomberg L P Edit In 1997 former Bloomberg L P sales executive Sekiko Sakai Garrison filed a lawsuit against the company and Michael Bloomberg alleging sexual harassment and wrongful termination 99 100 Garrison alleged that when she told Bloomberg that she was pregnant he told her to Kill it and said Great Number 16 referring to the number of women in the company who were pregnant or on maternity leave at the time 98 According to the lawsuit Garrison told a manager about the incident but was told to forget it ever happened before being fired 96 Garrison also claimed that Bloomberg told female salespeople to line up to give him oral sex as a wedding present referring to a male employee who was getting married 96 The lawsuit also alleged that Bloomberg berated a female employee who had trouble finding a nanny saying It s a f baby All it does is eat and s It doesn t know the difference between you and anyone else All you need is some black who doesn t even have to speak English to rescue it from a burning building 96 99 The company did not admit any wrongdoing but settled the lawsuit out of court in 2000 97 EEOC v Bloomberg L P Edit In September 2007 the Equal Employment Opportunity Commission EEOC filed a class action lawsuit against Bloomberg L P on behalf of more than 80 female employees who argued that Bloomberg L P engaged in discrimination against women who took maternity leave 101 In August 2011 Judge Loretta A Preska of the federal United States District Court for the Southern District of New York in Manhattan dismissed the charges writing that the Equal Employment Opportunity Commission did not present sufficient evidence to support their claim 102 In September 2013 Preska dismissed an EEOC lawsuit on behalf of 29 pregnant employees of Bloomberg L P 103 In addition she dismissed pregnancy bias claims from five individual plaintiffs and allowed part of the case from a sixth plaintiff to proceed 104 Bloomberg L P v Board of Governors of the Federal Reserve Edit Bloomberg L P brought a lawsuit against the Board of Governors of the Federal Reserve System Bloomberg L P v Board of Governors of the Federal Reserve System to force the Fed to share details about its lending programs during the U S Government bailout in 2008 105 The records documented Federal Reserve loans issued to financial firms and revealed the identities of the firms the amounts borrowed and the collateral posted in return 106 Bloomberg L P won at the trial court level 107 The Second Circuit Court ruled in favor of Bloomberg L P in March 2010 but the case was appealed to the Supreme Court by a group of large U S commercial banks in October In March 2011 the Supreme Court let stand the Second Circuit Court ruling mandating the release of Fed bailout details 108 Bloomberg L P v Bloomberg Ltd Edit On October 22 2008 Bloomberg L P applied for a change of name of Bloomberg Ltd under s 69 1 b of the Companies Act 2006 Bloomberg L P then amended its name to Bloomberg Finance Three L P Bloomberg Ltd was ordered at the Company Names Tribunal on May 11 2009 to change its name so as to not have a name that would likely interfere by similarity with the goodwill of Bloomberg Finance Three L P as well as to pay costs 109 Nafeesa Syeed v Bloomberg L P Edit According to a recent case in August 2020 Bloomberg L P is again being charged with discrimination against black and non white workers Nafeesa Syeed who served at Bloomberg for around four years as a national security reporter and Middle East reporter sued the corporation in New York city court for sexism based on her gender and her ethnicity as a South Asian American Bloomberg faces a related complaint by a former saleswoman who filed under a pseudonym in June and the corporation is now seeking to compel a public release of her name Throughout both cases the same law firm defends the victims 110 See also Edit New York City portal Companies portalBloomberg Markets Bloomberg Terminal Financial data vendorReferences Edit Washington Friday Journal C SPAN April 26 1996 Retrieved January 20 2010 Started the company the day after I left Salomon Brothers October 1 1981 so we re coming on our fifteenth year anniversary a b McCracken Harry October 6 2015 How the Bloomberg Terminal Made History And Stays Ever Relevant Fast Company Retrieved February 27 2020 The Bloomberg Bunch CNNMoney Retrieved December 13 2011 a b Campbell Dakin Kelley Trista A leaked memo shows Bloomberg reached 10 billion in annual revenue last year and some insiders will receive a special bonus Business Insider Retrieved May 29 2019 10 Michael Bloomberg Forbes 2018 Retrieved October 17 2018 a b About Bloomberg Bloomberg Retrieved May 29 2019 Facebook s Zuckerberg Joins Gates Buffett in Pledge Bloomberg December 9 2010 Retrieved January 3 2012 Bloomberg LP History FundingUniverse Retrieved July 17 2010 What is a Bloomberg Terminal or Bloomberg Machine About com Retrieved July 17 2010 The Bloomberg Juggernaut American Journalism Review March 1 2011 Archived from the original on October 12 2012 Retrieved October 26 2011 Global Roles Careers Bloomberg L P January 27 2021 Retrieved December 22 2021 a href Template Cite web html title Template Cite web cite web a CS1 maint url status link Silvera Ian Why people really pay for news www news future com Retrieved May 13 2022 Whitford David May 12 1997 Fire in His Belly Ambition in His Eyes Michael Bloomberg Could Have Sat on the Millions He Made at Salomon Instead He Built a Media Empire That Gives Wall Streeters Crucial Information in a Flash CNN Money Retrieved April 11 2013 a b c d Bodine Paul 2004 Make It New Essays in the History of American Business iUniverse p 182 ISBN 9780595309214 Retrieved February 27 2020 self published source Michael Bloomberg Encyclopaedia Britannica February 10 2020 Retrieved February 27 2020 Lesemann Mara October 24 2019 Here s Why Bloomberg Stock Doesn t Exist Investopedia Retrieved February 27 2020 Roush Chris Bloomberg News Encyclopaedia Britannica Retrieved February 27 2020 Decision Bloomberg L P v David Cohen National Arbitration Forum Archived from the original on August 1 2013 Retrieved April 11 2013 Bloomberg Buys Back Stake From Merrill for 200 Million Wall Street Journal December 17 1996 Quarterly Reports on Form 10 Q Securities and Exchange Commission August 5 2008 Lee Edmund January 26 2016 Mike Bloomberg Is Worth 49 Billion Much More Than Most People Thought recode net a b de la Merced Michael J Story Louise July 17 2008 Bloomberg Expected to Buy Merrill s Stake in His Firm The New York Times Retrieved October 26 2011 Merrill posts 4 9 billion loss sells Bloomberg stake Reuters July 18 2008 Retrieved October 26 2011 Leadership Lex Fenwick Dow Jones Archived from the original on December 2 2013 Retrieved April 11 2013 Chairman Chairman of Bloomberg L P Bloomberg L P Retrieved April 11 2013 Stelter Brian July 12 2011 Doctoroff Named Chief Executive of Bloomberg L P The New York Times Retrieved December 20 2011 Sorkin Andrew Ross September 3 2014 Michael Bloomberg to Return to Lead Bloomberg L P The New York Times ISSN 0362 4331 Retrieved November 7 2019 Bloomberg to take helm at data group Financial Times September 4 2014 Archived from the original on December 10 2022 Retrieved September 4 2014 Bloomberg Acquires RTS Realtime Systems Bloomberg Now Retrieved July 9 2014 Bloomberg acquires RegTek Solutions to expand reporting hub The TRADE thetradeiyshnews com Retrieved November 7 2019 Fabrikant Geraldine August 15 1992 Bloomberg to Pay 13 Million for WNEW AM The New York Times Retrieved October 27 2011 Bloomberg to take over BusinessWeek NBC News October 14 2009 Retrieved July 22 2011 Exclusive Joel Weber named editor of Bloomberg Businessweek Axios January 4 2018 Retrieved November 7 2019 Bloomberg Acquires New Energy Finance Sustainable Business Retrieved July 26 2011 Bloomberg Bets on Carbon Markets The Green Economy Archived from the original on March 22 2012 Retrieved July 26 2011 Bloomberg New Energy Finance founder to chair advisory board joined by Tanaka Rogers Bloomberg New Energy Finance Archived from the original on April 24 2015 Latest BNEF Report Finds Levelized Cost Of Renewables Continues To Fall CleanTechnica October 31 2019 Retrieved November 7 2019 GIG BNEF Launch Tool to Assess Climate Benefits of Wind and Solar Assets News SDG Knowledge Hub IISD IISD s SDG Knowledge Hub Retrieved November 7 2019 BloombergNEF Bloomberg Finance L P BloombergNEF Retrieved November 7 2019 Ambrose Jillian October 14 2019 Rise of renewables may see off oil firms decades earlier than they think The Guardian ISSN 0261 3077 Retrieved November 7 2019 Roose Kevin August 25 2011 Bloomberg L P To Buy BNA for 990 Million The New York Times Retrieved December 12 2011 a b Summers Nick November 21 2011 Bloomberg s Plan for World Domination Newsweek Retrieved July 10 2017 Bloomberg Acquires PolarLake and Launches EDM Services Bloomberg Professional Services Bloomberg PolarLake May 22 2012 Archived from the original on December 22 2017 Retrieved January 7 2018 Bloomberg to Acquire Barclays Risk Analytics and Index Solutions Business Bloomberg L P December 16 2015 Bloomberg sells sports analysis division to STATS Press release Reuters September 4 2014 Archived from the original on October 19 2015 Retrieved June 30 2017 Bloomberg Media to Acquire CityLab From The Atlantic The Atlantic December 10 2019 Inside the Bloomberg Machine Wall Street and Technology Retrieved October 21 2018 This is how much a Bloomberg terminal costs Quartz May 15 2013 Retrieved December 10 2015 How Bloomberg Will Fare in the Financial Crisis BusinessWeek Archived from the original on October 31 2011 Retrieved October 28 2011 Bloomberg Editor Casts a Wider Net Financial Times Archived from the original on December 10 2022 Retrieved October 27 2011 Greenberg Julia September 2 2015 Bloomberg s Future is the Future of News For Everyone Wired Retrieved September 3 2015 Clifford Stephanie Creswell Julie November 14 2009 At Bloomberg Modest Strategy to Rule the World The New York Times Retrieved October 27 2011 Hakim Danny September 18 2000 Bloomberg Unit To Announce A Cable Deal The New York Times Retrieved October 28 2011 BLOOMBERG LP NAMES JUSTIN B SMITH CEO OF BLOOMBERG MEDIA GROUP Bloomberg LP Retrieved November 20 2013 Bloomberg Markets Business amp Finance Magazines Retrieved April 17 2013 Moses Lucia Bloomberg Strikes Again AdWeek Retrieved September 15 2011 Michael Dukmejian Joins BLOOMBERG MARKETS Magazine As Publisher Reuters Archived from the original on November 14 2012 Retrieved December 20 2011 Bloomberg Pursuits Ends Print Magazine Folio Folio December 5 2016 Retrieved May 9 2018 Barnes Rosemary May 25 2016 Bloomberg Unveils Entity Exchange to Ease Counterparty Onboarding Process Finance Magnates Retrieved April 6 2017 Beyond KYC Bloomberg Professional Services Bloomberg L P Retrieved April 6 2017 Peters Jeremy W October 10 2010 Bloomberg Plans a Data Service on the Business of Government The New York Times Retrieved July 26 2011 Rainey James May 28 2011 Bloomberg s news venture is good news for those willing to pay Los Angeles Times Retrieved December 20 2011 Adams Russell July 8 2010 Bloomberg Hangs New Shingle Wall Street Journal MarketWatch Retrieved October 28 2011 About Bloomberg Law Bloomberg L P Retrieved October 28 2011 Bloomberg View reveals columnists editorial board Politico Retrieved October 28 2011 Bloomberg View Launches New opinion site is part of Bloomberg com redesign AdWeek Retrieved October 28 2011 Bercovici Jeff Bloomberg View Opinions Yes But Only Factual Ones Forbes Retrieved October 28 2011 a b Bloomberg Tradebook Overview Bloomberg Tradebook Retrieved August 23 2011 Bloomberg Expands Tradebook Offering to Brokers Traders Magazine Online Retrieved August 23 2011 Bloomberg Beta Launches With 75 Million Technology Venture Fund Bloomberg NOW press release Retrieved June 2 2014 Perloth Nicole June 5 2013 Bloomberg Begins Fund to Invest in Start Ups The New York Times Retrieved September 25 2015 The Bloomberg Innovation Index Bloomberg Bloomberg s Global Innovation Index ranks S Korea 1st snubs U S at 6th place Geektime 30 Most Innovative Countries Who Took Home the Gold Bloomberg Open Market Data Initiative PDF Bloomberg February 1 2002 Archived from the original PDF on March 13 2013 Retrieved January 12 2014 Bloomberg Live Bloomberg Live Retrieved May 5 2018 Spangler Todd December 19 2018 Bloomberg Is Expanding TicToc Social News Network Beyond Twitter After Hitting Year One Goals Variety Retrieved June 1 2019 Spangler Todd December 3 2019 Bloomberg Renames TicToc News Service QuickTake Partly to Avoid Confusion With Chinese TikTok App EXCLUSIVE Variety Retrieved December 4 2019 A look at the Bloomberg Quicktake logo design Michael Bloomberg to host high profile business forum in Beijing South China Morning Post May 21 2019 Retrieved June 18 2019 Paulson Hank Peiyan Zeng October 3 2018 400 of the World s Most Influential Business and Government Leaders to Attend Bloomberg s First Ever New Economy Forum in Singapore on November 6 7 2018 Bloomberg L P Retrieved June 18 2019 Gregor Alison April 23 2006 SQUARE FEET INTERVIEW WITH BARRY M GOSIN Trained in Manhattan Graduating to the World The New York Times Retrieved July 28 2011 Bagli Charles V February 9 2011 Growing Bloomberg L P To Rent Half of a Tower The New York Times Retrieved August 3 2011 Bloomberg London Building Bloomberg L P Retrieved May 9 2018 Towers of Babble The New Yorker July 29 2007 Retrieved October 28 2011 Company Overview of Bloomberg L P Businessweek Retrieved April 18 2013 Bagli Charles V December 10 2018 Former Bloomberg Executives to Be Charged in Construction Fraud Scheme The New York Times ISSN 0362 4331 Retrieved September 16 2020 Former construction executive pleads guilty to tax evasion in connection with bribery scheme Internal Revenue Service www irs gov Retrieved September 24 2020 Westchester Man Among Former Executives To Admit To Multi Million Dollar Kickback Scheme Mount Pleasant Daily Voice August 2 2020 Retrieved September 24 2020 Propper David Ex Bloomberg construction manager from Tuckahoe gets prison for role in bribery scheme The Journal News Retrieved September 24 2020 Rebong Kevin July 30 2020 Ex Turner Construction Exec Pleads Guilty in Bribery Scheme The Real Deal New York Retrieved September 24 2020 Rebong Kevin September 30 2020 Ex Bloomberg Construction Director Pleads Guilty to Tax Fraud The Real Deal New York Retrieved October 1 2020 NJ com Chris Sheldon NJ Advance Media for January 20 2021 Ex Bloomberg exec sentenced after authorities say he led massive kickback scheme nj Retrieved February 4 2021 Ex Bloomberg construction exec pleads guilty to tax evasion charges on bribes Crain s New York Business September 29 2020 Retrieved September 30 2020 Former Construction Executive Pleads Guilty To Tax Evasion In Connection With Bribery Scheme www justice gov September 29 2020 Retrieved September 30 2020 a b c d e Kranish Michael February 15 2020 Mike Bloomberg for years has battled women s allegations of profane sexist comments The Washington Post Retrieved February 18 2020 a b c d e Barrett Wayne October 30 2001 Bloomberg s Sexual Blind Spot The Village Voice Retrieved February 18 2020 a b Garber Megan September 19 2018 I d Do Her Mike Bloomberg and the Underbelly of MeToo The Atlantic Retrieved February 18 2020 a b United States District Court Southern District of New York February 24 1998 Sekiko Sakai Garrison v Michael Bloomberg and Bloomberg L P The Washington Post Retrieved February 17 2020 Bloomberg sued for pregnancy discrimination NBC Associated Press September 27 2007 Retrieved February 17 2020 Chen David W May 15 2009 Bloomberg Is Deposed in Bias Suit Against Firm The New York Times Retrieved October 28 2011 Chen David W August 17 2011 Discrimination Suit Against Bloomberg L P Is Rejected The New York Times Retrieved December 13 2011 Stempel Jonathan Jennifer Saba September 9 2013 U S judge tosses pregnancy bias lawsuit against Bloomberg LP Reuters Archived from the original on September 12 2013 Retrieved September 11 2013 Beekman Daniel September 9 2013 Judge tosses most plaintiffs in discrimination suit against Bloomberg L P New York Daily News Retrieved September 11 2013 The Fed s Secret Liquidity Lifelines Bloomberg Retrieved March 17 2012 Bloomberg Wins Its Lawsuit Against the Federal Reserve Columbia Journalism Review Retrieved August 25 2009 Docket entry 31 Bloomberg L P v Board of Governors of the Federal Reserve System case no 1 08 cv 09595 LAP U S District Court for the District of New York Fed s Court Ordered Disclosure Shows Americans Right to Know Bloomberg Businessweek March 22 2011 Retrieved October 28 2011 Bloomberg LP v Bloomberg Ltd Archived November 3 2012 at the Wayback Machine Retrieved September 18 2014 Bloomberg LP Hit With More Discrimination Claims by Former Reporter WWD August 11 2020 Retrieved August 13 2020 External links Edit Wikimedia Commons has media related to Bloomberg L P Official website Bloomberg Overview PND News New York City Mayor Gave 130 Million to Charity in 2002 Bloomberg LP v Triple E Holdings Limited 2002 GENDND 1665 December 13 2002 The Vault containing a company overview Fortune Magazine Bloomberg LP is a prodigious success Vanity Fair Bloomberg Without Bloomberg Bloomberg Live Retrieved from https en wikipedia org w index php title Bloomberg L P amp oldid 1136713707, wikipedia, wiki, book, books, library,

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