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Bloomberg Wins BusinessWeek; Pearlstine Will Be Chairman
Last-minute entrant Bloomberg LLC has won the bidding for BusinessWeek, agreeing to acquire the venerable business magazine, BusinessWeek.com and other assets from McGraw-Hill (NYSE: MHP) for an undisclosed amount. Norman Pearlstine, the Time Inc. and Wall Street Journal vet who joined Bloomberg last year as chief content officer, will...
Chevron, Exxon, Shell Sidestep Long-Term CO2 Storage Liability in Gorgon Deal
Chevron is no stranger to liability. The super major energy company faces a $27 billion lawsuit over allegations of environmental pollution in Ecuador's Amazon. Exxon Mobil and Royal Dutch Shell also have grappled with a number of costly lawsuits over the years. It's safe to...
Bloomberg: Poverty and Pension Fears Drive Elderly Japanese to Crime
Trader Mark submits: We wrote a few weeks ago [Oct 28: Pooring of Japan Too?] how we were seeing some troubling similarities in Japan to the US - growth in working poor, temporary employment allowing pay without benefits, income gaps increasing after free market reforms, et al. Now comes this...
Crane inspector arrested after two New York accidents
NEW YORK AFP — New York City's chief inspector for cranes on construction sites was arrested Friday and charged with corruption after two crane collapses in March and May killed nine people, the city's mayor said. "The arrest of this inspector is a good reminder to any city employee...
NRA nation: the second amendment people are winning
IN March, New York City mayor Michael Bloomberg issued a challengeto Nancy Pelosi. "The Democrats have said repeatedly that they blame the Republicans for no gun legislation," he said on his radio show. "Well, now they're in charge. Okay, stand up. And if not, I'm going to tell everybody." ...
New York congestion plan hits bump in the road
NEW YORK AFP — New York Mayor Michael Bloomberg vowed Tuesday to continue with plans to introduce a congestion charge for drivers entering Manhattan, despite suffering a major setback at state level. The New York state assembly failed on Monday to meet a deadline to apply for federal funding...
The Mayor's Veep Scenario
Mike Bloomberg is a long shot to be the next president. Even a trillion dollars couldn't change that. But Bloomberg's vast fortune and reputation for competent management may yet make him vice president. Before jumping down my throat, hear me out. Which ticket would he run on?...
Will Bloomberg Take Hillary's Liberal Voters?
The presidential candidacy of New York Mayor Michael Bloomberg is already a smashing success. A mere change of registration from Republican to Independent has garnered him a cornucopia of free and favorable publicity some candidates do not receive in a year of campaigning. The mayor has replaced former Tennessee Republican...
Ground zero victims
MAYOR Michael Bloomberg has finally joined the urgent campaign to get Washington to care for the responders who helped New Yorkers after the Sept. 11 attacks. Many responders -- and people who studied, lived or worked around the World Trade Center -- are seriously ill, and Bloomberg can play an...
Business news in brief
IN THE REGION Casinos' gross profit down for quarter Net income at Atlantic City's 12 casinos fell 14.1 percent in the third quarter from a year ago as net revenue rose 2 percent, state gambling regulators said yesterday. Gross operating profit, however, fell 3.3 percent for the quarter. The measure,...
Industry Transcripts by Seeking Alpha
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Scholastic Corporation F2Q10 (Qtr End 11/30/09) Earnings Call Transcript
on Dec 17, 2009about SCHL
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Warner Music Group F4Q09 (Qtr End 9/30/09) Earnings Call Transcript
on Nov 24, 2009about WMG
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Image Entertainment Inc. F2Q10 (Qtr End 30/09/09) Earnings Call Transcript
on Nov 12, 2009about DISK
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Walt Disney F4Q09 (Qtr End 10/3/09) Earnings Call Transcript
on Nov 12, 2009about DIS
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Nexstar Broadcasting Group, Inc. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about NXST
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