Free Republic

Michael R. Bloomberg, who bypassed his own run for the presidency this election cycle, will endorse Hillary Clinton in a prime-time address at the Democratic convention and make the case for Mrs. Clinton as the best choice for moderate voters in 2016, an adviser to Mr. Bloomberg said. The news is an unexpected move from Mr. Bloomberg, who has not been a member of the Democratic Party since 2000; was elected the mayor of New York City as a Republican; and later became an independent. But it reflects Mr. Bloomberg’s increasing dismay about the rise of Donald J. Trump and...

Michael Bloomberg is planning a run for the U.S. presidency that would begin as early as next week. A source with knowledge of company affairs at Bloomberg L.P., told Anadolu Agency that said senior officials at offices worldwide were clearing schedules for meetings to discuss a sudden change in the management structure at the company. The source, who spoke to AA on condition of anonymity, was not authorized to discuss company matters on the record. The multibillionaire owner of Bloomberg L.P. is preparing to hand over his responsibilities at the financial data and media company ahead of an announcement after...

By now, you really would have thought Michael Bloomberg would have learned his lesson. The out-of-touch New York City mayor has lately made it his business to be in everyone else’s business – whether that means trying to decide for New York residents what they are allowed to eat or drink, or trying to tell people from other states what to think of their elected officials. More often than not, however, Mayor Bloomberg’s overreaches have been repelled. The courts struck down Bloomberg’s ban on large sodas. Notable Senate Democrat Chuck Schumer, from Bloomberg’s home state, is on the record as...

New York City would spend nearly $20 billion to get ready for rising sea levels and hotter summers under a proposal unveiled on Tuesday by Mayor Michael Bloomberg. The sweeping plan includes 250 recommendations, ranging from installing floodwalls and storm barriers to upgrades of power and telecommunications infrastructures.

New York City Mayor Michael Bloomberg, a staunch supporter of the proposed Islamic cultural center and mosque near Ground Zero, recently has been expanding his business dealings in the Arab and Muslim world, including opening a new "Islamic finance portal." Some critics are questioning whether Bloomberg's unpopular decision to back the controversial mosque project may be colored by his billion-dollar financial software, news and data company's decision to build a hub in the United Arab Emirates and North Africa. The mayor's privately held company, Bloomberg L.P., has been increasing its revenue in the Middle East while its U.S.-based division has...