Bloomberg TV economics editor reflects on covering Sept. 11

Michael McKee, economics editor for Bloomberg Television, recently reflected on his experience covering the 9/11 attacks. On the morning of Sept. 11, McKee, who was then covering the economy for Bloomberg News, was in a cab headed to National Association for Business Economics conference at the World Trade Center. McKee was on a pay phone […]

Bloomberg team wins award for energy coverage

The National Press Foundation has awarded the 2010 Thomas L. Stokes Award for Best Energy Writing to a Bloomberg News team for an explanatory magazine series on alternative energy sources. The pieces comprised a three-part series in Bloomberg Markets. Written by John Lippert, Kambiz Foroohar, Anthony Effinger and Katherine Burton, the package looks at the […]

Bloomberg submits FCC filing asking Comcast to adhere to agreement

Bloomberg LP submitted yet another filing Tuesday to the Federal Communications Commission asking the regulatory agency to force Comcast to put Bloomberg Television closer to CNBC in its channels as part of an agreement that allowed the cable company to purchase a majority stake in NBC Universal. Comcast has resisted making the change, arguing that […]

Bloomberg spend nearly $1 billion to buy legal and tax research company

Bloomberg LP announced Thursday a deal to acquire legal, tax and regulatory research firm BNA for $39.50 per share in a cash offer for a total purchase price of approximately $990 million. The transaction is expected to close in 2011. A combination of Bloomberg and BNA would include news content, subject matter expertise, proprietary data […]

Bloomberg hires new media reporter

Edmund Lee, a reporter for Advertising Age, has been hired by Bloomberg News. Lee posted on Twitter that he will be covering companies such as News Corp., Time Warner and Viacom. He’s been covering media for Ad Age. Lee, who graduated from New York University in 1994, has been with Ad Age for the past […]

NYT magazine hires away editor from Bloomberg Businessweek

Jon Kelly, an editor at Bloomberg Businessweek for the past 16 months, has been hired by the New York Times magazine. Zeke Turner of Women’s Wear Daily writes, “Kelly, 29, will run the front of the Sunday Magazine and Greg Veis will become politics editor. Kelly, with assistance from Veis, will be tasked with reworking […]

Judge rules for Bloomberg in bias case

A federal judge has dismissed claims that Bloomberg LP engaged in a pattern of discrimination against pregnant women who took maternity leaves. David Chen of the New York Times writes, “Judge Loretta A. Preska of United States District Court in Manhattan ruled Wednesday that the plaintiffs had failed to present sufficient evidence that discrimination was […]

CNBC handling the competition and wild stock market swings

Brian Stelter of the New York Times writes Monday about how CNBC is handling the increased competition from Fox Business Network and Bloomberg Television in the midst of major stock market news. Stelter writes, “The markets’ wild swings are not necessarily profit-generating for TV news outlets because most advertisers buy airtime far in advance, meaning […]

CNBC responds to criticism with ad

Business news network CNBC, criticized earlier this week for running taped shows while rivals Fox Business Network and Bloomberg Television ran live programming, responded Friday with full-page ads in major papers, trumpeting its business coverage.

CNBC lags behind competitors

David Bauder of the Associated Press writes about how Bloomberg Television and Fox Business Network have remained on the air during major breaking business news recently while CNBC has run taped shows. Bauder writes, “Bloomberg Television and Fox Business Network both extended live coverage on Friday night, when the Standard & Poor’s Ratings Services downgraded […]