The Trump campaign is scrambling to compete with Bloomberg’s deep pockets
from the Trump campaign. Should the former mayor sell the company outright, it would relieve these concerns, along with the charges of profiting off the presidency that have plagued Trump's White House tenure. But reporting Monday on the current tensions at Bloomberg News over its owner’s candidacy, thethat if Bloomberg does unload his company, it could come at the cost of its journalistic operation:The prospect of Mr.
If Mr. Bloomberg, as he has mused in the past, were to sell his company if elected, some journalists there believe a new owner may not be willing to subsidize an expensive news-gathering operation that is ultimately tangential to the company’s core product, the financial data terminals that command princely subscription sums from the investing class.
The prospect of Bloomberg becoming the nominee is, for now, still a hypothetical. While Bloomberg is still continuing to
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