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The Latest Breaking News from Michael Bloomberg

Mamdani has a place in NYC history. But which place in a centuries-long list of mayors?

Zohran Mamdani can claim multiple firsts when he becomes New York’s mayor Jan. 1

The Independent UK

5 Billionaires Who Got Fired From Their Jobs — And Went On To Get Ridiculously Rich

Bloomberg, Cuban, Dalio, Ratcliffe and Ross all got fired early in their careers. Here's how losing their jobs led to building billion-dollar empires.

GOBankingRates

From Jamie Dimon to Bill Ackman, Wall Street's billionaires are now changing their tune and offering to help Zohran Mamdani

Over $22 million was spent by billionaires to prevent the democratic socialist from becoming mayor-elect, estimates say.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

How Much Is Michael Bloomberg’s Social Security Check?

Michael Bloomberg may be a billionaire, but he’s still eligible for Social Security—find out how much he likely receives in monthly benefits.

GOBankingRates

Meet the billionaires spending over six figures to stop Zohran Mamdani from becoming New York's next mayor, from Michael Bloomberg to Bill Ackman

A reported 26 billionaires and rich families have spent at least $100,000 to support independent candidate Andrew Cuomo.

Fortune

America’s billionaires are older than ever, with one in five already in their 80s or 90s—as millennials await the Great Wealth Transfer

There’s a record 36 billionaires over 90. Some are still showing up at the office. Meanwhile, “young” billionaires (under 50) make up just 10% of the ultrawealthy club.

Fortune

🎶It’s His Party and He’ll…🎶

Kendall Scudder on Bernie Sanders, Michael Bloomberg, disaster politics, and his state's economic success

Texas Observer

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Nike co-founder Phil Knight and wife give record $2B to Oregon cancer center, university says

An Oregon university says Nike co-founder Phil Knight and his wife Penny Knight have given a record $2 billion to its cancer center

The Independent UK

When Rupert Murdoch dies, it could plunge the Fox and News Corp empire into civil war

The fate of Rupert Murdoch’s businesses lies with his four feuding children and a contested family trust.

Fortune

Michael Bloomberg urges Republicans to oust RFK Jr, ‘peddler of junk science’

Billionaire and ex-New York City mayor says if Americans die unnecessarily, Senate Republicans will pay at ballot box

The Guardian - US

Bill Ackman pledges to bankroll any NYC mayoral candidate willing to step forward that can defeat Mamdani

Ackman and his wealthy associates are ready to pour 'hundreds of millions of dollars' into the campaign of an aspiring politician looking to position themselves on the national stage.

Fortune

Trump criticised for climate policy as William celebrates Earthshot finalists

The Prince of Wales founded the Earthshot Prize to find solutions to ‘repair’ the planet.

Evening Standard

Sadiq Khan flies into row over 12,000-mile round trip to Brazil to warn of dangers of climate change

London mayor has made more than 20 foreign trips in nine years at City Hall

Evening Standard

Why establishment Democrats still can’t stomach progressive candidates like Zohran Mamdani

The anti-Mamdani mobilization is depressingly predictable, with a party that is allergic to fresh blood and new thinking

The Guardian - US

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International Business Times

Bloomberg Financial Markets Data Service Hit By Outage

Bloomberg, the financial data service used by traders around the world, was hit by an outage on Wednesday, briefly disrupting auctions of bonds in Europe.

Evening Standard

Richard Vines, celebrated restaurant critic, dies aged 71

Unusually for a critic, a role that naturally inspires enemies, Vines maintained friendly relationships with chefs and writers across the globe

TechRadar

One of the world's richest men criticizes the spending of billions of dollars on buying laptops for US classrooms with no apparent improvement in results

Billions spent on school laptops have failed to improve student performance, raising concerns about the effectiveness of widespread digital adoption in classrooms.

Evening Standard

Thousands of Roman artefacts found during building work given to London Museum

The finds were uncovered at the site of a 3rd century AD temple to the Roman god Mithras, in the modern-day City of London.

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The Independent UK

Secrets of ancient London revealed as more than 14,000 Roman artefacts unearthed

The finds were uncovered at the site of a 3rd century Roman temple

The Independent UK

Michael Bloomberg tops the list of America’s biggest donors for the second year in a row

For the second year in a row, former New York City mayor Michael Bloomberg gave the most to charitable causes, according to the Chronicle of Philanthropy’s exclusive Philanthropy 50 list of the Americans who donated the largest sums to nonprofits last year

The Conversation

What are conflicts of interest and what can be done about them?

Americans’ trust in government and politicians is at record lows. In a 2022 Pew Research survey, about two-thirds of respondents said that all or most people who run for office want to serve their own personal interests rather than the community’s.

The Guardian - US

Tech billionaires lost almost $100bn in stock market selloff sparked by DeepSeek

Nvidia saw $600bn of its market value disappear, while its CEO, Jensen Huang, saw his net worth drop by nearly $21bn

The Independent UK

Michael Bloomberg pledges over $20m to plug gap in UN’s climate budget after Trump pulled out

This is the second time Bloomberg has stepped in to help uphold funding and reporting commitments under the Paris agreement

Radio France Internationale

Billionaire Bloomberg to fund UN climate body as US withdraws again

Billionaire Michael Bloomberg announced Thursday his foundation would fund the UN climate change body after President Donald Trump declared the United States would withdraw from the Paris Agreement for a second time.

Al Jazeera

Bloomberg to fund UN climate body after Donald Trump’s Paris exit

Bloomberg pledges financial support to UN climate body following Trump’s exit from the Paris Agreement.

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Alexandria OcasioCortez

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