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A collection of news and information related to Bloomberg L.P. published by this site and its partners.

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    Jun 18, 2013 |Story| Allentown Morning Call
  1. Consumer prices tick up, but less than expected

    WASHINGTON - The cost of living rose less than forecast in May, restrained by the first drop in food prices in almost four years and signaling inflation remains under control. The consumer price index was up 0.1 percent after falling 0.4 percent in...

    Tags: Delta Air Lines, Consumer Confidence, Food Industry, Land Price, Cheesecake Factory

  2. Jun 14, 2013 |Story| Aberdeen News
  3. Top ten: Reasons to love China's purchase of Smithfield

    There are dozens of reasons for American farmers and ranchers to be thrilled-nay, elated!-by Shuanghui International Holding Inc.'s proposed $4.7 billion purchase of Smithfield Foods, Inc., America's biggest pork chop. Here are 10. Number 10: The U.S....

    Tags: Smithfield Foods, Bunge Ltd., Smithfield, Food Industry, The Wall Street Journal

  4. Jun 8, 2013 |Story| Aberdeen News
  5. Farming: Top reasons to love China's purchase of Smithfield

     There are dozens of reasons for American farmers and ranchers to be thrilled — nay, elated! — by Shuanghui International Holding Inc.’s proposed $4.7 billion purchase of Smithfield Foods, Inc., America’s biggest pork chop. Here...

    Tags: Smithfield Foods, Bunge Ltd., Smithfield, The Wall Street Journal, Food Industry

  6. Jun 7, 2013 |Column| Allentown Morning Call
  7. If John Paulson wins on Fannie Mae, America loses

    For years, the White House and many lawmakers have been saying the government needs to put Fannie Mae and Freddie Mac out of their misery. Yet they live on. And now their stock charts look like electrocardiograms. Both companies' common shares are up...

    Tags: White House, Barack Obama, American International Group, Politics, Economy, Business and Finance

  8. May 22, 2013 |Story| Chicago Tribune
  9. KKR crops up as possible suitor for Saks

    Bloomberg News reports: KKR is weighing an investment in Saks with an eye toward merging it with Neiman Marcus, sources tell Bloomberg. The report comes a day after Saks hired Goldman Sachs to advise it on its "strategic options," including a possible...

    Tags: Neiman Marcus, Goldman Sachs Group, Inc.

  10. May 14, 2013 |Story| Los Angeles Times
  11. Bloomberg in damage-control mode over client snooping

    Officials at Bloomberg, the New York financial news and information service, scrambled to deal with an unfolding customer privacy scandal after admitting its journalists had snooped on business clients for years through its network of terminals ubiquitous on Wall Street.
    Officials at Bloomberg, the New York financial news and information service, scrambled to deal with an unfolding customer privacy scandal after admitting its journalists had snooped on business clients for years through its network of terminals ubiquitous...

    Tags: Central Bank, European Central Bank, Goldman Sachs Group, Inc., Thomson Corporation, Michael Bloomberg

  12. May 13, 2013 |Story| Los Angeles Times
  13. Bloomberg CEO admits 'mistake' in snooping scandal

    Bloomberg Chief Executive Daniel L. Doctoroff admitted that giving its journalists access to some subscriber information for its data terminals was "a mistake."
    Bloomberg Chief Executive Daniel L. Doctoroff admitted that giving its journalists access to some subscriber information for its data terminals was "a mistake." The company went into damage control mode last week shortly after it disclosed that...

    Tags: News Media, Federal Reserve, Goldman Sachs Group, Inc., The New York Times

  14. May 10, 2013 |Story| Los Angeles Times
  15. Abercrombie & Fitch chief's 'cool kids' comments draw outrage

    Abercrombie & Fitch, the clothing retailer, has caught flak in recent days for controversial comments made in 2006 by its chief executive.
    Abercrombie & Fitch, the clothing retailer, has caught flak in recent days for controversial comments made in 2006 by its chief executive. The image-conscious company does not make or sell women’s clothing in any size above large, which is an...

    Tags: Discrimination, Social Issues, Abercrombie & Fitch Company, Fashion Trends, The Huffington Post

  16. May 8, 2013 |Blog| Cars.com
  17. Subaru Adds Jobs, Cars to Indiana Factory

    KickingTires
    In three years, the Subaru Impreza will hail from Indiana. Subaru imports today's Impreza, which competes with the Honda Civic, Ford Focus and other compact cars, from Japan. Its sole U.S. plant in Lafayette, Ind., builds the larger Legacy sedan,......

    Tags: Tribeca, Plant Openings, Japan, Fuji Heavy Industries

  18. Apr 16, 2013 |Story| Baltimore Sun
  19. Former top T. Rowe Price manager to launch Baltimore hedge fund

    Kris H. Jenner, the manager of T. Rowe Price Health Sciences Fund until his resignation in February, has raised more than $100 million to launch a Baltimore-based hedge fund, Bloomberg News reported.
    Kris H. Jenner, the manager of T. Rowe Price Health Sciences Fund until his resignation in February, has raised more than $100 million to launch a Baltimore-based hedge fund, Bloomberg News reported. The hedge fund, which will be called Rock Springs...

    Tags: T. Rowe Price, Mutual Funds

  20. Apr 8, 2013 |Blog| Cars.com
  21. Fisker Lays Off 75% of Workforce as Bankruptcy Looms

    KickingTires
    Leonardo DiCaprio may love his Fisker Karma, but the California automaker is listing like the Titanic. Less than a month after founder Henrik Fisker quit, the boutique car company laid off some 160 employees, the Detroit News reports, as it......

    Tags: Ford, Passenger Cars, Manufacturing and Engineering, Tesla, Leonardo DiCaprio

  22. Mar 26, 2013 |Story| Los Angeles Times
  23. Consumer confidence falls amid budget concerns

    Stocks and housing prices continue to rise, but consumers are not feeling all that good about the state of the U.S. economy.
    Stocks and housing prices continue to rise, but consumers are not feeling all that good about the state of the U.S. economy. Confidence among U.S. consumers fell more than forecast in March as Washington’s budget battle soured Americans’...

    Tags: Economic Indicator, Consumer Confidence, Internal Revenue Service, Consumers

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