A top campaign advisor says Michael Bloomberg would sell the financial data and media company that bears his name if elected U.S. president.
The field of Democrats vying to be the 2020 nominee is narrowing, and only one prominent Republican is challenging President Trump. Here are the candidates.
“Bottom line: It could be a costly mistake for any candidates to make firm commitments to establish qualified blind trusts without first having their attorneys meet with OGE’s director and legal staff,” Shaub tweeted. Bloomberg created his own company in 1981, after he was fired from the investment bank Salomon Brothers with a $10-million severance payment. His new venture created the Bloomberg Terminal, a dedicated computer with proprietary software that allowed Wall Street traders, buyers and sellers to see financial transaction data in real time. The terminal quickly became a must-have product around the financial world and has been used by entities including the World Bank and the Federal Reserve Bank.
Bloomberg then grew the business to include a financial news arm, which has morphed into a major news wire service. The outlet has faced criticism for allowing its reporters to cover the campaign but blocking them from reporting in-depth investigations into Bloomberg or his Democratic rivals. Newsroom leaders didn’t impose similar restrictions on reporting regarding Trump.
Bloomberg has also faced renewed scrutiny over lawsuits filed by women at his company alleging discrimination or hostile treatment. Bloomberg has said heBloomberg entered the presidential race in November and has been steadily climbing in national polls, buoyed by $400 million in
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