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Michael Bloomberg

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  • Is Gay Marriage Good For Business? Monday, 23 Jan 2012 | 4:27 PM ET

    Washington state may be the next American state to legalize gay marriage. It has the support of several major companies, but Microsoft is the most high-profile business to back it. Prominent figures in the business community support marriage equality, as was the case in New York, the last state to legalize it.

  • From Rubble To Renaissance Thursday, 1 Sep 2011 | 3:17 PM ET
    Freedom Tower, Ground Zero, New York City

    Lower Manhattan was nearly destroyed in the 9/11 attacks, but 10 years later, with the help of major investment, it has seen a dramatic recovery.

  • Insurance Shares Rally as Irene Estimates Fall Wednesday, 31 Aug 2011 | 10:39 AM ET
    Flooding in Vermont

    Loss estimates from Hurricane Irene continued to fall and ratings agencies said insurers would have no problem with claims, helping boost insurance industry shares Wednesday.

  • A young couple from Germany rest on a cot at LaGuardia Airport August 29, 2011 in New York.

    Hurricane Irene had long since passed, but a lot of people who were hoping to get on airplanes as airports in the Northeast reopened Monday were not going anywhere anytime soon, reports the New York Times.

  • A fallen tree which also knocked over a power line is seen on Loughboro Road after Hurricane Irene swept through the area.

    Hurricane Irene was the 'Perfect Storm' for insurers in a different sense of the cliche. The weakened storm that spared New York city from major damage gave the wealthy and rarely hit Northeast enough of a scare because of ominous weather forecasts leading up the storm that property insurers will be able to raise pricing even more next year, according to a Morgan Stanley analyst.

  • Damage From Irene Appears to Be Less Than Feared Sunday, 28 Aug 2011 | 11:34 AM ET
    Plastic tape blocks the entrance to the Chambers St subway station August 27, 2011 in New York City. In anticipation of a large storm or hurricane hitting the city, the New York City mass transit network, the nation’s largest, closed at noon on Saturday, ending subway, bus, and commuter rail service until Monday.

    Damage from Irene appears to be less than feared, a bit of reassuring news for a fragile economy.

  • After Irene: Little Damage Seen in Many Places Sunday, 28 Aug 2011 | 11:20 AM ET

    From North Carolina to Pennsylvania, Hurricane Irene appeared to have fallen short of the doomsday predictions. But with rivers still rising, and roads impassable because of high water and fallen trees, it could be days before the full extent of the damage is known.

  • Irene 'Wounding' Weekend Box Office Saturday, 27 Aug 2011 | 10:22 PM ET
    Plastic tape blocks the entrance to the Chambers St subway station August 27, 2011 in New York City. In anticipation of a large storm or hurricane hitting the city, the New York City mass transit network, the nation’s largest, closed at noon on Saturday, ending subway, bus, and commuter rail service until Monday.

    Hurricane Irene and the closure of at least 1,000 theater locations along the East Coast is expected to put a dent in this weekend's domestic box office.

  • America's Top Charitable Donors of 2010 Tuesday, 15 Feb 2011 | 10:34 AM ET
    Despite more than 50 billionaires announcing last year they would devote at least half of their wealth to charity, few made big gifts in 2010, according to a new ranking of the  in America by The Chronicle of Philanthropy.The three biggest names in philanthropy—Bill and Melinda Gates and Warren Buffett—don’t appear in the rankings because the money they gave in 2010 ($46.4 million and $1.9 billion, respectively) was to pay off pledges announced in previous years. The list includes only new pledg

    Click to see 2010's top 10 U.S. philanthropists, as ranked by The Chronicle of Philanthropy.

  • Bloomberg: I'm Not Running for President Thursday, 9 Dec 2010 | 7:24 AM ET

    Despite growing rumors to the contrary, New York Mayor Michael Bloomberg says he is not running for president in 2012.

  • Dan Primack at Fortune has been doing a heroic job covering Steve Rattner's travails. His post about NYC Mayor Bloomberg Thursday should be read by everyone.

  • Geithner Struggles to Escape a Past He Never Had Friday, 20 Aug 2010 | 7:10 AM ET

    Timothy F. Geithner has been misidentified as a former Wall Street insider from Goldman Sachs so many times since he became the Treasury secretary that he and his advisers had taken to joking about it. Then the joke backfired. The New York Times reports.

  • Could Be Long Time For Job Comeback: NYC's Bloomberg Thursday, 29 Jul 2010 | 11:58 AM ET

    The national unemployment rate edged down to 9.5 percent last month, but the private sector still has 7.9 million less jobs than it did at the end of 2007. New York City Mayor Michael Bloomberg told CNBC he is worried it could be a “long time” before companies really start adding to their payrolls.

  • Are America's Leaders From Top States? Tuesday, 13 Jul 2010 | 4:45 PM ET
    US President Barack Obama speaks alongside Chairman of the Federal Reserve Ben Bernanke during the Economic Daily Briefing.

    The results don't reflect well on the home states of these leaders, regardless of their politics.

  • New York Seeks Millions in Tax From Lehman Wednesday, 5 Aug 2009 | 10:42 AM ET
    Dick Fuld

    The Bloomberg administration has accused Lehman of shortchanging the city of $627 million in corporate and other taxes, beginning in 1996. It is now trying to convince federal bankruptcy court in Manhattan that the city should jump closer to the front of Lehman’s long line of creditors.

  • Billionaire investor Warren Buffett, right, and Microsoft Chairman Bill Gates participate in a Q & A session with students at the University of Nebraska-Lincoln's College of Business Administration, in Lincoln, Neb., Friday, Sept. 30, 2005.(AP Photo/Nati Harnik)

    Warren Buffett and his friend Bill Gates reportedly joined with David Rockefeller Sr. to invite a group of the world's richest people to gather in one room earlier this month.  The agenda wasn't world domination. It was making philanthropy more effective.  Among the other well-known, and very wealthy names, attending the meeting on May 5 in New York City: Michael Bloomberg, Peter Peterson, George Soros, Ted Turner, and Oprah Winfrey.

  • Lots to talk about given the Yankees offseason. Yankees president Randy Levine stopped by "Power Lunch" today.

  • Wall Street's Losses Might Give It A Tax Holiday Tuesday, 12 Aug 2008 | 10:30 AM ET
    New York City Skyline

    Some Wall Street companies might not resume paying New York City taxes for "a number of years'' because they can offset future profits with the losses they are currently suffering, Mayor Michael Bloomberg said on Monday. 

  • Bloomberg to Assess Support for Presidential Run Wednesday, 9 Jan 2008 | 7:08 PM ET

    New York Mayor Michael Bloomberg has begun detailed polling and highly sophisticated voter analysis in all 50 U.S. states as he considers an independent bid for president, associates said Wednesday.