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NEW YORK, United States (AFP) — US billionaire Michael Bloomberg said Thursday he will spend half a billion dollars in the “fight of our time” to move the US away from carbon energy and combat climate change. The former New York mayor and philanthropist said the $500 million investment will go toward launching the Beyond Carbon initiative, which aims to close nearly 250 coal plants throughout the country by 2030 and prevent new ones […]
by Catherine TRIOMPHE / with Michael Mathes in Washington NEW YORK, United States (AFP) — Former New York mayor Michael Bloomberg, the centrist billionaire Democrat who positioned himself as a potential challenger to Donald Trump, said Tuesday he would not run for president in 2020. “I believe I would defeat Donald Trump in a general election. But I am clear-eyed about the difficulty of winning the Democratic nomination in such a crowded field,” the businessman […]
WASHINGTON, United States (AFP) — Amazon is considering opening up to 3,000 new cashier-less stores by 2021 to vie for shoppers at convenience stores and quick-service sandwich shops, Bloomberg News reported Wednesday. CEO Jeff Bezos is trying to decide on the best format for this bold and expensive venture, Bloomberg said, quoting people familiar with the matter. The new AmazonGo outlets could be convenience stores offering fresh prepared foods and some groceries, like 7-Eleven, or […]
NEW YORK, United States (AFP) — US private equity giant Blackstone has agreed to pay $17 billion for a majority stake in the financial services unit of Thomson Reuters, according to a joint statement issued Tuesday. The deal would give Blackstone a controlling stake in the unit that delivers financial research and other tools to market professionals through dedicated terminals and subscription services. Blackstone would get a 55 percent stake in the Finance & Risk […]
SAN FRANCISCO, United States (AFP) — Apple’s move to slow down older iPhones as batteries weaken is under scrutiny by US prosecutors and stock market regulators, according to a report Tuesday by Bloomberg. The US Department of Justice and the Securities and Exchange Commission are investigating whether Apple broke the law by failing to disclose a software update that made older iPhone models function slower, Bloomberg reported, citing unnamed people familiar with the matter. It […]
(Reuters) – U.N. Secretary-General Ban Ki-moon on Friday appointed former New York City Mayor Michael Bloomberg as his special envoy for cities and climate change, in a bid to build momentum ahead of a planned U.N. summit meeting in September. Ban said Bloomberg will assist him in “consultations with mayors and related key stakeholders, in order to raise political will and mobilize action among cities as part of his long-term strategy to advance efforts on […]
