Latest news with #BloombergLP
Yahoo
25-05-2025
- Business
- Yahoo
Bloomberg allies throw support behind Cuomo's NYC mayoral bid — as ex-gov smashes fundraising record
Well-heeled allies of former Mayor Michael Bloomberg are throwing their weight — and their deep pocketbooks — behind Andrew Cuomo in New York City's mayoral race, The Post has learned. Cuomo's campaign announced Friday that it raised a record $3.9 million — and a top source revealed the donors include the former mayor's daughter Emma Bloomberg, who gave the $2,100 maximum contribution to the ex-governor's political comeback bid. Bloomberg's right hand Kevin Sheekey, who ran the billionaire's 2020 presidential bid and is a top exec at his namesake media company, also donated to the Cuomo campaign's kitty, the source said. Thomas Secunda — the billionaire co-founder of Bloomberg LP — gave $40,000 to the pro-Cuomo super PAC Fix the City, according to the source. 'The donations show warmth from the Bloomberg orbit and Mike,' the source said. With anticipated public matching funds, Cuomo will have raised roughly $8.28 million since announcing his campaign on Feb. 28. The donations illustrate the growing sense of inevitability swirling around Cuomo's mayoral run, as well as Bloomberg's likely misgivings about Israel-bashing state Assemblyman Zohran Mamdani, who has solidified a strong second-place standing in the Democratic primary race. Mamdani has been a vocal critic of Israel, to the point many Jewish activists consider antisemitic. The billionaire Bloomberg, by contrast, is a big backer of Israel. He recently donated $44 million to Israel's nonprofit medical service and this week visited the Charlotte R. Bloomberg Mother and Child Center, named after his mother, in Jerusalem. Cuomo holds a massive lead in the Democratic mayoral primary of 37%, with the Democratic socialist Mamdani behind with 18%, according to a recent poll. But Mamdani led among voters under age 45 — with 38% compared to 18% for Cuomo, according to the survey by the Marist College Institute for Public Opinion. The donations to Cuomo are also arguably a blow to Mayor Eric Adams, who is running as an independent as his political fortunes fell amid his now-dismissed federal corruption probe. Bloomberg, aside from some personal meetings with Adams, has largely steered clear of New York politics. The former mayor's financial network of loyalists is deep and wide, so it's likely other contributions will flow to Cuomo.
New York Post
23-05-2025
- Business
- New York Post
Bloomberg allies throw support behind Cuomo's NYC mayoral bid — as ex-gov announces $3.9M campaign fundraising haul
Well-heeled allies of former Mayor Michael Bloomberg are throwing their weight — and their deep pocketbooks — behind Andrew Cuomo in New York City's mayoral race, The Post has learned. Cuomo's campaign announced Friday that it raised a record $3.9 million — and a top source revealed the donors include the former mayor's daughter Emma Bloomberg, who gave the $2,100 maximum contribution to the ex-governor's political comeback bid. Bloomberg's right-hand Kevin Sheekey, who ran the billionaire's 2020 presidential bid and is a top exec at his namesake media company, also donated to the Cuomo campaign's kitty, the source said. Thomas Secunda — the billionaire co-founder of Bloomberg LP — gave $40,000 to the pro-Cuomo Super PAC Fix the City, according to the source. 'The donations show warmth from the Bloomberg orbit and Mike,' the source said. 3 Former Gov. Andrew Cuomo has raised $3.9 million in his mayoral run, according to his campaign. Michael Nagle 3 Several of former Mayor Michael Bloomberg's allies have donated to Cuomo. AP With anticipated public matching funds, Cuomo will have raised roughly $8.28 million since announcing his campaign on Feb 28. The donations illustrate the growing sense of inevitability swirling around Cuomo's mayoral run, as well as Bloomberg's likely misgivings about Israel-bashing state Assemblyman Zohran Mamdani, who has solidified a strong second place standing in the Democratic primary race. Mamdani has been a vocal critic of Israel, to the point many Jewish activists consider antisemitic. The billionaire Bloomberg, by contrast, is a big backer of Israel. He recently donated $44 million to Israel's nonprofit medical service and this week visited the Charlotte R. Bloomberg Mother and Child Center, named after his mother, in Jerusalem. Cuomo holds a massive lead in the Democratic mayoral primary of 37%, with the Democratic socialist Mamdani behind with 18%, according to a recent poll. 3 Bloomberg allies' backing of Cuomo could be a bad sign for Mayor Eric Adams. Andrea Renault/ZUMA / But Mamdani led among voters under age 45 — with 38% compared to 18% for Cuomo, according to the survey by the Marist College Institute for Public Opinion. The donations to Cuomo are also arguably a blow to Mayor Eric Adams, who is running as an independent as his political fortunes fell amid his now-dismissed federal corruption probe. Bloomberg, aside from some personal meetings with Adams, has largely steered clear of New York politics. The former mayor's financial network of loyalists is deep and wide, so it's likely other contributions will flow to Cuomo.
Bloomberg
21-05-2025
- Business
- Bloomberg
UK, EU Extend Debt Auction Deadlines Due to Technical Issues
The UK and European Union extended the bidding window for debt auctions on Wednesday in response to Bloomberg LP technical issues. The Debt Management Office, which manages bond sales on behalf of the UK Treasury, said it expects to close the auction bidding window at 11:30 a.m. in London. Usually the bidding finishes at 10 a.m. The EU said in a separate statement it was delaying the deadline for its bills sale by one hour to 1 p.m. in Brussels
Hindustan Times
21-05-2025
- Business
- Hindustan Times
Time's biggest donor gave away $3.7 billion in 2024. It's not Warren Buffett or Melinda French Gates
Michael Bloomberg has been named the biggest donor of 2024 on the TIME100 Philanthropy list. The media mogul gave away $3.7 billion of his sizable fortune – estimated at over $100 billion – in the last one year alone, making him the largest individual donor. Michael Bloomberg, 83, is an American businessman, politician, philanthropist and author. He is best known as the co-founder, CEO, and majority owner of Bloomberg LP, a global financial information and media company. Boston-born Bloomberg founded Bloomberg LP in 1981. The company revolutionised financial data terminals and is now a leading provider of business and financial news. The American billionaire has a bachelor's degree from Johns Hopkins University and an MBA from Harvard Business School. With an estimated net worth of $105 billion, Michael Bloomberg is the richest person in the state of New York, according to Forbes. He also served as the mayor of New York from 2002 to 2013. In 2024, Bloomberg's noteworthy grants included $1 billion to his alma mater, Johns Hopkins University. The grant will help make medical school free for most students and increase financial aid for nursing and public-health students, according to Time magazine. Last year, he also announced a $600 million gift to the endowments of four historically Black medical schools. 'I've never understood people who wait until they die to give away their wealth. Why deny yourself the satisfaction?' he wrote in an email to the Chronicle of Philanthropy earlier this year. 'I've been very lucky, and I'm determined to do what I can to open doors for others and to leave a better world for my children and grandchildren.' Other names on Time magazine's 100 most influential philanthropists include Oprah Winfrey, Melinda French Gates, Warren Buffett, Nita and Mukesh Ambani, and Azim Premji.
Qatar Tribune
20-05-2025
- Business
- Qatar Tribune
Finance minister meets MSCI chairman
Minister of Finance HE Ali bin Ahmed Al Kuwari met with Chairman and CEO of MSCI Henry Fernandez, on the sidelines of the Qatar Economic Forum 2025, held under the theme 'A Road to 2030: The Transformation of the Global Economy.' During the meeting, they reviewed the cooperative relations and explored prospects for enhancing them in the fields of investment, finance, and economy, in addition to discussing a number of issues of mutual interest. The Minister of Finance also met with Founder of Bloomberg LP Mike Bloomberg on the sidelines of the forum.
