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The Latest Breaking News from Michael Bloomberg

Bring back stop-and-frisk? With shootings soaring, some on Philly City Council say the controversial tactic merits another look

PHILADELPHIA — In response to the city's ongoing gun violence crisis and the shooting of two police officers at an Independence Day celebration, leaders in Philadelphia's City Council this week said it was time to reexamine the controversial police tactic known as stop-and-frisk.

The Philadelphia Inquirer

Gun-makers face new legal threat from families of mass shooting victims

Families of children and teachers killed in last month’s Texas school massacre face a formidable legal battle if they decide to sue the gun-maker whose AR-15 semi-automatic rifle was used in the attack.

Tribune News Service

Karen Bass and Rick Caruso head to runoff in Los Angeles mayoral race

Candidates head to November rematch after neither one secures enough votes to win outright in primary

The Guardian - US

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With unprecedented spending, Caruso is everywhere. Can the billionaire become overexposed?

LOS ANGELES — As an information technology engineer and digital native, Tim Hamner Jr. spends a lot of time online, consuming videos, podcasts and news.

Los Angeles Times

9 Business Moguls With Cameos In Movies

"The Office" was by far the most streamed TV show in 2021 according to Nielsen Holdings PLC (NYSE: NLSN). But did you realize one of the most famous and wealthiest investors in the world appeared on the show for a cameo?

Benzinga

En plein air: NYC aims to keep outdoor lifestyle post-virus

As New York City forges ahead with its recovery, the pandemic is leaving lasting imprints, especially on city roadways: less room for cars and more space for people

The Independent UK

Wealthiest Americans pay just 3.4% of income in taxes, investigation reveals

Tax records from 2014 to 2018, analysed by ProPublica, show 25 Americans collectively earned $401bn but paid just $13.6bn

The Guardian - US

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Leak: Top 15 earners pay low tax rates

Some billionaires have effective federal income tax rates as low as 4%

Salon

‘Kidnapper’ at Michael Bloomberg farm was looking for billionaire’s daughters, prosecutors say

Suspect allegedly rammed pickup truck through gates of ranch and kidnapped a female staff member at gunpoint

The Independent UK

Man arrested in alleged kidnapping of Bloomberg ranch worker

Authorities are investigating the alleged kidnapping of a woman who works at a Colorado ranch owned by former New York City mayor Michael Bloomberg

The Independent UK

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