Bloomberg reporters receive bonuses for market moving stories

Julia LaRoche of Business Insider examines the practice at Bloomberg News of paying reporters part of their bonus based on how many market-moving stories they produce. LaRoche writes, “This practice is not widespread in the financial news industry, and journalists we spoke to from other outlets were not aware that it is used at Bloomberg. […]

Bloomberg reaches deal to create first Malaysian biz TV channel

Bloomberg LP’s television operation has struck a partnership with a company run by a former Malaysian politician to create the country’s first business television channel. The network will premiere in 2014. “Malaysia’s business sector and capital markets have gone from strength-to-strength in recent years and have been fundamental in Malaysia’s economic transformation,” said Parry Ravindranathan, head of […]

Bloomberg seeks editor in Hong Kong

Bloomberg is seeking an experienced editor for its speed team in Hong Kong. The Speed Desk produces breaking news stories on business and general-interest topics, ranging from company earnings, stock market reports, merger and acquisition news and politics to natural disasters and strikes. The successful candidate will be able to meet real-time deadlines, read quickly […]

Bloomberg seeks German auto reporter

Bloomberg News is seeking a reporter based in one of our German bureaus (Munich, Frankfurt or Berlin) to cover automotive companies. Successful candidates will be expected to produce breaking news stories, exclusive reporting and features under real-time deadlines. The ideal candidate should have experience at a newspaper or a news service, including covering the automotive […]

Bloomberg seeks China economy reporter

Bloomberg News is seeking an experienced reporter in our Beijing office for our Chinese News business. The successful candidate will be passionate about breaking news and telling the China economy story to the world. Bloomberg seeks self-starters with the ability to turn often complex themes into clear, accurate, and compelling stories. Reporters responding to this […]

Bloomberg revamps its website

Bloomberg News rolled out a revamped website on Monday that includes more headlines and more photos. In another change, market indexes are now on the right hand side of the page, compared to the top previously. The new design also makes more use of black and gray backgrounds to contrast the white background that surrounds […]

Bloomberg complained to NYTimes about article

New York Times public editor Margaret Sullivan writes Sunday that Bloomberg News complained to the paper after it published an article about a story it was working on in China. Sullivan writes, “The Times story, which came from unidentified Bloomberg employees, included denials by Bloomberg news executives, including the editor in chief, Matthew Winkler, that […]

China financial news market poised for growth, but blocks hurt

Kathy Chu and William Launder of The Wall Street Journal write about how the websites of many financial news organizations are being blocked in China at a time when that market needs business news and data. Chu and Launder write, “Access to The Wall Street Journal’s Chinese-language site was blocked in mid-November, about the same […]

Bloomberg courts trouble by cutting experienced journalists

Keith Kelly of the New York Post writes about how Bloomberg News has run into trouble when it lets go of long-time journalists. Kelly writes, “‘The targets are the expensive old-timers — those who joined Bloomberg News 10 years ago or more,’ said one veteran who went to court after being given the old heave-ho. […]

Identity crisis at Bloomberg

Peter Elkind of Fortune magazine examines what is going on at Bloomberg LP, the parent company of Bloomberg News. Elkind writes, “Winkler’s achievements are considerable. He has built a formidable operation that goes toe to toe with the Journal on breaking business news. Today, with 2,400 journalists operating from 150 bureaus in 73 countries (the […]