Michael Bloomberg

Michael Bloomberg’s proposed financial regulations sent shockwaves through Wall Street on Tuesday. Among the proposals is a financial transaction tax that would amount to a 0.2% charge on all trades of stocks and derivatives. On Wednesday’s PreMarket Prep, co-host Dennis Dick outlined...

Democratic Presidential candidate Michael Bloomberg on Tuesday proposed creating a "clear regulatory framework" on cryptocurrencies as part of financial reforms if he is elected president in the upcoming elections. What Happened "Cryptocurrencies have become an asset class worth...

If elected, he plans to take a salary of $1, just as he did as the mayor of New York, Michael Bloomberg tells MarketWatch in an interview. On Giving Away “When I was mayor, I took a salary of just a dollar a year. I still have all 12 one-dollar checks — 93 cents, after...

Democratic presidential candidate Michael Bloomberg wants to "undo the harms of the Trump administration" by putting back in place higher standards for truck emissions with the goal of electrifying 15% of the heavy-duty fleet by 2030. That goal is part of the former New York City mayor's recently...

Michael Bloomberg threw his hat in the ring for the Democratic presidential nomination. The businessman and former New York City mayor who's worth $53 billion brings the number of candidates seeking the party's nomination to 18. “I know how to win, because I’ve done it time and...

Democratic presidential candidate Elizabeth Warren accused Michael Bloomberg of attempting to buy Democratic presidential nomination with “bags of money.” What Happened “[Bloomberg] is making a bet about democracy in 2020,” Warren said at an event in Ankeny, Iowa...

U.S. Sen. Elizabeth Warren isn’t taking criticism lying down. This week, the Democratic presidential candidate is rolling out an ad targeting a group of billionaires who are critical of her 2% wealth tax proposal. The ad, which targets CNBC viewers in Washington and New York, lays...

Michael Bloomberg might be entering the 2020 presidential race after announcing he wouldn’t run in March. What Happened The founder of Bloomberg L.P., financial data and media company, would seek a Democratic nomination. Howard Wolfson, Bloomberg’s political advisor, suggested it in a...

Former New York City Mayor Michael Bloomberg urged the NAACP to hold 2020 presidential candidates accountable and blasted President Donald Trump for his remarks about four first-term Democratic congresswomen during a Detroit visit Wednesday. "He seems to think some of us are not really true...

Former New York City Mayor Michael Bloomberg has called President Donald Trump's latest trade move a “radical and disturbing development” in a Friday column.   Trump announced a 5-percent tariff on all goods coming from Mexico Thursday, demanding...

Detroit is a city rich in history with narratives of achievement and revival that continue to unfold. The city played host to The Atlantic's CityLab conference, welcoming leaders, executives and peers from around the world to discuss the challenges faced by cities.  “Cities are...

How sweet it isn’t to be hated by you. Chicago, Philadelphia and, soon, Seattle and San Francisco are just a few of the cities taxing soda pop as both a health threat and source of revenue, and the beverage industry says the cash municipalities are making on non-carbonated quaffs is costing...

Talk about bad timings for a scandal. Snap Inc (which will trade post-IPO on the NYSE under the ticker SNAP) the parent company of the popular Snapchat app, allegedly coerced a gun safety charity into buying advertising space on its social media platform. According to Mic, Snapchat told a nonprofit...

Sunday marked the start of the 2017 North American International Auto Show here in Detroit. Nick Donato, one of Benzinga's own news desk analysts, was on the floor for the first press day of the show. Donato stopped in on Tuesday's episode of the PreMarket Prep morning show to discuss the...

The battle between lawmakers and Big Soda is heating up again after voters in five municipalities approved special taxes on sugary drinks last week. San Francisco and Cook County, Indiana, are key areas where voters agreed on a special tax to be levied on soda. Former New York Mayor Michael...