Latest Michael Bloomberg News

Billion-dollar donation from Netflix's Reed Hastings leads 2024's list of biggest gifts

Dec. 17, 2024 11:05 AM EST

The Chronicle’s annual list of the biggest charitable donations from individuals or their foundations totaled nearly $6 billion in 2024, with half of that coming from three contributions of $1 billion or more each. Two of those three gifts went to medical schools to provide financial aid....

From a 10-year-old to a Muppet to a president-elect, NYSE bell-ringers range from famous to obscure

Dec. 12, 2024 15:47 PM EST

The first guest invited to ring the bell to open trading at the New York Stock Exchange in 1956 wasn’t a company executive, a politician or a celebrity. It was a 10-year-old boy, Leonard Ross, who received the honor by winning a television quiz show. Since then, business titans,...

Colorado man gets 22 years in prison for kidnapping a woman from Michael Bloomberg's ranch

Dec. 06, 2024 14:50 PM EST

CHEYENNE, Wyo. (AP) — A judge sentenced a man to 22 years in federal prison for kidnapping a woman from Michael Bloomberg's Colorado ranch during what prosecutors said was a failed attempt to kill the media mogul. Joseph Lee Beecher, 51, had faced up to life in prison after his...

NYPD gets a new top cop after months of turmoil. Jessica Tisch is the 2nd woman to lead the force

Nov. 20, 2024 13:45 PM EST

NEW YORK (AP) — Moving to stabilize an administration roiled by investigations, resignations and his own indictment, New York City Mayor Eric Adams on Wednesday appointed sanitation chief Jessica Tisch as police commissioner. A city government stalwart and ex-NYPD official, she'll be just the...

More states are ditching exams as high school graduation requirements

Nov. 16, 2024 00:09 AM EST

BOSTON (AP) — When Massachusetts voters decided to ditch the state's standardized tests as a high school graduation requirement on Election Day, they joined a trend that has steadily chipped away at the use of high-stakes tests over the past two decades. The vote on the ballot...

Bloomberg Philanthropies launches its largest Mayors Challenge ever to inspire city leaders globally

Oct. 16, 2024 11:17 AM EDT

The beauty of Rourkela, India’s city-changing idea is in its simplicity. Giving farmers affordable access to cold storage for their crops reduces waste and increases sales. What turned that idea into an award winner in the annual Bloomberg Philanthropies Global Mayors Challenge was...

Missouri abortion-rights campaign fundraising total at $22M one month before election

Oct. 15, 2024 20:42 PM EDT

JEFFERSON CITY, Mo. (AP) — A campaign to restore abortion access in Missouri so far has raised close to $22 million, finance reports filed Tuesday show. The campaign reported bringing in more than $14 million between July and the end of September alone. Missourians...

Abortion-rights groups are outraising opponents 8-to-1 on November ballot measures

Oct. 04, 2024 00:11 AM EDT

Abortion-rights ballot measure supporters across the country have raised nearly eight times as much as groups campaigning against the amendments on the November ballots. But that advantage may not translate into a huge benefit down the stretch in Florida, the most expensive of the nine statewide...