Tech giant Google announced Tuesday that it has begun offering free public WiFi internet access in the southwest Chelsea …
Michael Bloomberg
Hey New Yorkers, Are You Ready to Hail a Taxi With Your iPhone?
Should NYC Mayor Michael Bloomberg Buy the Financial Times?
What is it about the Financial Times that inspires such longing among billionaires? The salmon-hued daily newspaper, which is owned by London-based publishing and education giant Pearson, is widely considered a must-read on Wall …
Goldman Sachs Has Friends in High Places, Led By Mayor Bloomberg
As the fallout over Greg Smith’s public resignation continues to swirl around Goldman Sachs, several powerful figures have rallied to the bank’s defense, including New York Mayor Michael Bloomberg — who made his fortune …
Billionaire Rankings: Bloomberg Launches Daily List of the World’s Richest People
From batting averages to polling numbers, we live in an age of real-time data. Now, thanks to Bloomberg News, you can add billionaires’ net worth to the list of statistics you can look up day to day. Bloomberg News launched its …
How much would financial reform hurt New York City?
Today President Obama gives a speech on financial re-regulation in New York City—a.k.a., the city he and Congress are out to hurt with financial re-regulation. Okay, I exaggerate. Although as my colleague Michael Scherer pointed out yesterday, if financial reform is done right, Wall Street banks will see profits decline, at least in …
Lessons from paying people to be less poor
For the past three years, New York City has been paying members of some 2,400 poor families to do things like get dental check-ups, open savings accounts, hold down jobs, show up for school and carry health insurance. The cash incentives—typically ranging from $20 to $150 per desired behavior—are meant to get people with complicated, …
All Aboard the Freeloader Bus
New York City Mayor Michael Bloomberg has proposed to make cross-town Manhattan buses free, but not necessarily because he wants to give riders a financial leg up. He’s worried about how slow the buses are. The theory is that if riders don’t have to fumble around for their MetroCards, the buses could “speed” along through cross-town traffic.
