Bloomberg News is an international news agency headquartered in New York and a division of Bloomberg L. P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, Bloomberg Businessweek, Bloomberg Markets, Bloomberg.com and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief. Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers; the agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler a writer for The Wall Street Journal, Michael Bloomberg telephoned him in November 1989 and asked, "What would it take to get into the news business?"In his book, The Bloomberg Way, Winkler recalls a conversation with Bloomberg about a hypothetical ethical dilemma which could have arisen from Bloomberg's interest in creating a newspaper: "You have just published a story that says the chairman—and I mean chairman—of your biggest customer has taken $5 million from the corporate till.
He is with his secretary at a Rio de Janeiro resort, the secretary's spurned boyfriend calls to tip you off. You get an independent verification; the phone rings. The customer's public-relations person says,'Kill the story or we will return all the terminals we rent from you.'" "What would you do?" Winkler asked. "Go with the story," Bloomberg replied. "Our lawyers will love the fees you generate." Winkler recalls this as his "deciding moment", the time at which he became willing to help Bloomberg build his news organization. The publication was created to provide timely financial news; as a new company in 1990, Bloomberg hoped that the news service would spread the company name, sell more Bloomberg Terminals and end Bloomberg's reliance on the Dow Jones News Services. The creation of Bloomberg Business News required Winkler to open a Bloomberg office in Washington, D. C. to report about political effects on the business world. However, the Standing Committee of Correspondents in Washington required Bloomberg News be formally accredited to act as a legitimate news source, a title that Bloomberg Business News only accomplished after agreeing to provide free terminals to major newspapers in exchange for news space in the publications.
During this growth period Bloomberg News opened a small television station in New York, purchased New York Radio Station WNEW, launched fifteen-minute weekday business news programs for broadcast on PBS and opened offices in Hong Kong and Frankfurt, Germany. The initial goal of Bloomberg Business News to increase terminal sales was met by the mid-1990s and the company refocused the scope of its news service to rival the profitability of other media groups such as Reuters and Dow Jones; this led to the creation of Bloomberg's magazine, Bloomberg Personal, in 1995, carried in the Sunday edition of 18 U. S. papers. In 1994, Bloomberg launched a 24-hour financial news service through Bloomberg Information Television, broadcast on DirecTV. Bloomberg launched a web site to provide the audio feed of its radio broadcasts. Bloomberg Business News was renamed Bloomberg News in 1997. In 2009 Bloomberg News and The Washington Post launched a global news service known as The Washington Post News Service with Bloomberg News, to provide economic and political news.
In April 2014, Bloomberg News launched the Bloomberg Luxury lifestyle section of its paper. The section's content covers topics including travel, wine news, auto news, technology news, more, it highlights content from Bloomberg's quarterly lifestyle and luxury magazine, Pursuits. In 2015, an internal memo written by editor-in-chief John Micklethwait was leaked to the public; this memo indicated an intent to refocus the agency to better target its core audience, "the clever customer, short of time," and better achieve the goal of being "the definitive'chronicle of capitalism.'" This change led to a reduction in reporting on general interest topics in favor of content related to business and economics. In 2018, Micklethwait announced a new digital design for Bloomberg News. Bloomberg began using a metered paywall to charge visitors for content, limiting users to view 10 free articles and 30 minutes of Bloomberg Television per month. In November 2019, as Michael Bloomberg announced his presidential campaign, editor-in-chief John Micklethwait ordered his staff not to investigate their boss, nor any other Democratic candidates, while investigations into Donald Trump would continue, "as the government of the day".
Subsequent reporting said Micklewait was referring to a team of specialized investigative reporters, as opposed to the overall political team, but he would not elaborate or issue a public clarification despite newsroom staff wishing for him to do so. Investigative journalists and political reporters operate separately but reporting indicates this distinction would not be clear to the general public. Following Bloomberg's announcement, the Houston Chronicle dropped Bloomberg as a source for the 2020 Presidential campaign, saying that "journalists should not choose targets based on their political affiliation."Former Bloomberg News DC Bureau Chief Megan Murphy criticized the decision, saying it bars "talented reporters and editors from covering massive, crucial aspects of one of the defining elections of our time" and calling the decision to avoid coverage "not journalism". Responding to the controversy, Michael Bloomberg told CBS News: “
John Wesley Terry was a Baptist preacher and labor leader in central Tennessee and Chicago. In Chicago, he became foreman of a shop in the West Division Street Car Company and became an officer of the Knights of Labor, taking part in the negotiations to end the strikes in 1886 - the Haymarket riots were a part of the same series of strikes. John Wesley Terry was born in Tennessee in 1846 to slaves Hayward Terry and Mary; the family were owned by a man named William Pickard. Terry and his brother, were raised in poor conditions until they were old enough to work in the fields. In 1863, his mother attempted to escape with his brother; this was during the US Civil War, the Union Army controlled Columbia, where the family sought safety. Upon arrival, Henry enlisted in the army, but John was too young and remained with his mother in Columbia until the Union commander of the area turned them over to their master when Pickard came for them. Soon after, his mother fled again; when that commander, Colonel Myers, was superseded in command by the advance of a larger Union force which took full control of the county, John demanded his freedom and began to receive wages for his work.
Terry moved to a farm near Sandy Hook, Tennessee to work with his father. In 1866, he went to Nashville to work on steamboats. In 1868, he became foreman of a fruit farm for a year. In 1869, he opened a textile store, he worked for P. J. Sexton in contracting and building. In 1872, he moved to Chicago. In Chicago, he was baptized into the Baptist Religion by Rev. Richard DeBaptiste. March 11, 1873 he married Catherine Brown of Nashville at Olivet Baptist Church in Chicago. In 1875, he began working for the Chicago West Division Street Car company, he remained there until 1877 when he entered the Wayland Seminary in Washington DC. He received his diploma in 1881 and returned to Chicago where he was ordained and again took work with the West Division Street Car Company, he was promoted to foreman of the ironing and fitting department in 1882, the only black person to achieve this position and one of the few blacks working for the company, having seven to twelve white workers under his supervision. In 1886, Terry joined the Knights of Labor and was chosen by those working with him to represent them to settle the strikes in Chicago that year.
On March 29, 1886 he was elected judge-advocate of the Charter Oak Assembly of the Knights. At this time he was the only black man in the organization; that same year, 1886, he was elected director of the Central Park Building and Loan Association. In December he was a delegate to the Cook County Political Assembly of the United Labor Party, he helped form the Chicago Cooperative Packing and Provision Company and in its first meeting on January 2, 1887, he was elected director. At the first assembly of the Cook County United Labor Party he was chosen to be a member of the executive committee and on February 28, 1887 was a delegate to the city convention of the party where he was nominated to be city alderman for the thirteenth ward. Black workers played a major role in Chicago's ULP at this time, with William Bruce and James S. Nelson receiving nominations for city positions at this time
Morgan Phillips was a Welsh Roman Catholic priest and a benefactor of Douai College. Born in Monmouthshire, Phillips entered the University of Oxford in 1533, graduating B. A. on 18 February 1538. He commenced M. A. on 27 March 1542, was afterwards ordained priest, proceeded B. D. In 1543 Phillips was presented to the rectory of Kiddington, on 5 February 1546 was appointed principal of St Mary Hall, Oxford, he was one of the three prominent Catholics who, in 1549, took part in a public disputation against Pietro Martire Vermigli in the divinity hall of the university, with William Tresham and William Chedsey. In the same year he obtained the vicarage of Pembrokeshire. In 1550 Phillips resigned the post of principal of St Mary Hall, soon after the accession of Queen Mary, in 1553, he became precentor of St David's Cathedral. After his absence from Oriel College for a longer time than was allowed, his fellowship was declared vacant on 20 December 1554. Declining to accept the religious changes of the reign of Elizabeth I, Phillips left for the continent and settled at Leuven.
Soon afterwards he visited Rome with Jean Vendeville. On his return to Flanders he worked with Allen to establish an English seminary college at Douai. Owen Lewis at the University of Douai, joined them in a close group of friends. Phillips died at Douai College on 18 August 1570. By his will he left to Allen all his property, used to enlarge the college. Under his name as author was republished in 1571 the Treatise of John Lesley on Mary, Queen of Scots. Attribution This article incorporates text from a publication now in the public domain: Lee, Sidney, ed.. "Philipps, Morgan". Dictionary of National Biography. 45. London: Smith, Elder & Co