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Institutional Investor (January 22)

2024/ 01/ 23 by jd in Global News

“Bloomberg terminal users got a research boost on Monday just in time for earnings season: summaries and analysis of company performance written by artificial intelligence.” From Monday, all users will be able to access generative AI summaries “designed to help analysts save time absorbing earnings data and transcripts by highlighting key points. They will be available immediately for companies in the Russell 1000 and the top 1000 companies in Europe.”

 

Bloomberg (August 8)

2023/ 08/ 08 by jd in Global News

“China’s trade plunged in July as slowing global demand clouded the outlook for exports, while domestic pressures weighed on imports in a hit to the economic recovery.” Exports (dollar denominated) fell 14.5% while imports decreased 12.4%. Both figures “were worse than what economists polled by Bloomberg had expected.”

 

WARC (November 28)

2022/ 12/ 01 by jd in Global News

Carbon offsets hearken back to the pre-crash CDO market. In 47% of the transactions Bloomberg recently analyzed, there was inadequate “information to link them back to a buyer. It is, effectively, an opaque market…. The trouble is that this confirms many people’s – often correct – perception that they can’t trust what most brands tell them about their carbon footprint.”

 

Los Angeles Times (June 25)

2014/ 06/ 26 by jd in Global News

“Billions of dollars of property damage along the Eastern Seaboard. Sharply reduced yields of corn, wheat and soy at Midwestern farms. Rising sea levels threatening military installations in Southern California.” A bipartisan report entitled Risky Business quantifies these and other climate change risks in an attempt “to push what has been a highly politicized issue into corporate boardrooms for serious consideration.” Former Treasury Secretary Hank Paulson and former New York Mayor Michael Bloomberg were just two of the prominent leaders backing the report.

 

New York Times (March 13)

2013/ 03/ 14 by jd in Global News

New Yorkers will still be able to buy their supersized drinks. A court struck down Mayor Michael Bloomberg’s ban on large servings of sugary drinks, the day before it was to be enforced. “The big-drinks ban was ill conceived and poorly constructed from the start.” Instead, the Mayor should work to “impose a penny-per-ounce tax on sugary drinks. Just as taxes helped cut the use of cigarettes, taxes could help cut the public’s indulgence in high-calorie, giant drinks.”

 

USA Today (December 18)

2012/ 12/ 20 by jd in Global News

New York Mayor Michael Bloomberg writes, “The slaughter of 20 innocent children and the six adults who tried to save them in Newtown, Conn., marked a turning point in our national consciousness…. There is no looking away from the murdered children at the Sandy Hook Elementary School. There is no ignoring the anguish felt by their parents and by the families…. And there is no escaping the fact that we must do more to protect our communities from gun violence.”

 

Bloomberg (November 2)Bloomberg (November 2)

2012/ 11/ 03 by jd in Global News

New York City Mayor Michael Bloomberg, an independent, endorsed Democratic President Obama. Obama’s position on climate change was a major factor in the endorsement. “Our climate is changing. And while the increase in extreme weather we have experienced in New York City and around the world may or may not be the result of it, the risk that it might be – given this week’s devastation – should compel all elected leaders to take immediate action.”

New York City Mayor Michael Bloomberg, an independent, endorsed Democratic President Obama. Obama’s position on climate change was a major factor in the endorsement. “Our climate is changing. And while the increase in extreme weather we have experienced in New York City and around the world may or may not be the result of it, the risk that it might be – given this week’s devastation – should compel all elected leaders to take immediate action.”

 

New York Times (October 31)

2012/ 11/ 01 by jd in Global News

“Still hobbled by power outages and waterlogged transit, the New York region struggled to return to the rhythms of daily life on Wednesday, while facing the reality of a prolonged and daunting period of recovery.” Both the NYSE and NASDAQ are scheduled to resume trading with Mayor Michael Bloomberg scheduled to “open the New York Stock Exchange on Wednesday morning after a two-day closure, the first for weather-related reasons since 1888.”

 

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