Latest Bloomberg Headlines
All the headlines from our Bloomberg Topic Page, ordered by recency.
Ebix Says Money Laundering Allegations Are False
Aug 6 2013 // Ebix Inc. said allegations that it was involved in money laundering were false, after its shares tumbled on a Bloomberg report that federal investigators were reviewing the insurance software maker’s cross-border...
NYC Mayor Bloomberg Proposes $20B Flood Plan After Sandy
Jun 11 2013 // New York Mayor Michael Bloomberg called for a $20 billion system of flood barriers to protect low-lying areas from storms almost eight months after Hurricane Sandy devastated the region. In a report released today, the...
New York Superstorm Warnings Went Unheeded for Decades, Observers Say
Dec 9 2012 // More than three decades before Superstorm Sandy, a state law and a series of legislative reports began warning New York politicians to prepare for a storm of historic proportions, spelling out scenarios eerily similar to...
New York, New Jersey Put $71 Billion Price Tag on Sandy
Nov 26 2012 // New York state and New Jersey need at least $71.3 billion to recover from the devastation wrought by Superstorm Sandy and prevent similar damage from future storms, according to their latest estimates. The total, which...
President Obama Vows to Address Climate Change
Nov 15 2012 // President Barack Obama said he plans to work with Congress in his second term to curb human-aggravated climate change, but not at the expense of the U.S. economy. “I am a firm believer that climate change is real,...
New York, New Jersey Order Evacuations Ahead of New Storm
Nov 7 2012 // [The National Weather Service updated its nor’easter forecast Wednesday morning. The agency said this strengthening coastal storm will impact northeast Wednesday into Thursday. A low pressure system off the...
New York Coastal Residents Urged to Move Out of Irene’s Way
Aug 26 2011 // New Yorkers living in low-lying areas should think about moving out Friday before Hurricane Irene hits the city of 8.4 million people, Mayor Michael Bloomberg said on Thursday. The mass transit system might have to be shut...
Fire Deaths Prompt New York to Eye Illegal Subdivisions
Apr 28 2011 // City fire and buildings officials will search for new ways to target landlords who unlawfully subdivide their properties, Mayor Michael Bloomberg said Tuesday in the wake of a fire that killed a family living in illegal...
New CEO Says AIG to Repay U.S. Taxpayers, Boost Shareholder Value
Aug 20 2009 // Robert Benmosche, the newly appointed chief executive officer of American International Group Inc., says he expects the bailed-out insurer to be able to repay its federal debts and to boost value for shareholders,...
Lord Levene Discusses Protectionism, Recession in Bloomberg Interview
Apr 6 2009 // Lloyd’s Chairman, Lord Peter Levene, has given his views on protectionism, regulation, recession and tomorrow’s world order in an interview on Bloomberg TV. He also “assessed the mood of the G20 leaders,...
Alliant Launches Political & Economic Risk Indices, Ratings on Bloomberg
Jul 23 2008 // Alliant Emerging Markets announced the expansion of its risk analytics and advisory services by launching a source of political and economic risk indices and ratings available to banks, investments banks, private equity,...
NYC Buildings Commissioner Resigns after Mayor’s Criticism
Apr 24 2008 // Even critics credited Patricia Lancaster for trying to reform New York City’s inefficient, corruption-riddled Buildings Department. During her six years as commissioner, she rewrote an outdated building code, created...
N.Y. City Mayor Wants U.S. to Cover Health Costs from 9/11
Apr 18 2008 // New York City Mayor Michael Bloomberg on Thursday called on the U.S. government to pay $150 million a year to cover medical bills for workers and residents whose health suffered due to the Sept. 11, 2001, attacks. The...
Mayor Bloomberg to be at Insurance Charitable Foundation Dec. 5
Nov 26 2007 // New York City Mayor Michael Bloomberg will be the special guest as the Insurance Industry Charitable Foundation hosts its first annual dinner in New York on Wednesday, Dec. 5, 2007 at the Waldorf Astoria Hotel. The...
Citing Lapses in Deutsche Bank Fire, N.Y. City Orders Building Inspections
Aug 29 2007 // New York City ordered fire inspectors to examine hundreds of buildings under construction or demolition after an investigation found numerous planning and safety failures at an abandoned ground zero skyscraper where two...
Mayor Bloomberg joins call for TRIEA renewal
Mar 12 2007 // In urging renewal of the federal terrorism reinsurance program, New York City Mayor Michael Bloomberg noted that the city is doing its part. He reported that the N.Y. City police department has built counterterrorism...
MAYOR BLOOMBERG JOINS CALL FOR TRIEA RENEWAL
Mar 12 2007 // In urging renewal of the federal terrorism reinsurance program, New York City Mayor Michael Bloomberg noted that the city is doing its part. He reported that the N.Y. City police department has built counterterrorism...
U.S. Needs Terrorism Insurance to Compete Globally, Says N.Y.’s Dinallo
Mar 5 2007 // A continuing federal role in terrorism insurance is important so that U.S. financial centers including New York City can continue to compete with international markets, many of which are already covered by similar...
GE Plans Sale of Insurance Units
Aug 25 2005 // General Electric Co. likely will sell all of its remaining insurance operations, which include Kansas City-based GE Insurance Solutions, the local company’s chief executive told Bloomberg News. Bloomberg reported the...
