...First off as mayor of one of the most densely populated cities in America, Mayor Bloomberg should be taking on larger problems then taxing soda. Mayor Bloomberg should be worrying more about the unemployment rate, the high crime rate, and the other many problems that New York city is facing. It doesn’t make sense how a large cup of soda is concerning to a average New York city resident who is facing serious problems. People out there are facing real problems and taxing or removing large sodas won’t help any average New York City resident, so Mayor Bloomberg should focus more on the big picture Furthermore, how exactly will he tax or ban these drinks? The mayor wants to ban only large sodas but not diet soda, smoothies, and sugary juices. This is absolutely absurd, the mayor wants to ban one unhealthy product but not another for absolutely no reason. He proposed this law on his personal opinion that large sodas are unhealthy. He failed to consider that there are other drinks just as unhealthy and some even more unhealthy then soda. So it is not fair to target just one beverage simply because he thinks it’s a good idea. Moreover taxing or removing these large drinks may actually aggravate many people. There are many people out there that enjoy these large drinks so why take it away from them? Also many restaurants, delis, and arenas make a large profit from these large beverages, so taking them away would cut the profit of these organizations. This will...
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...If you want to get a glimpse into the mind of New York Mayor Michael Bloomberg, it can be summed up in one word: liberalism. Bloomberg is a big time liberal, not so remote from the leftist Obama Administration, evidenced by his support for abortion, support for Obama’s health care reform bill, banning smoking, and so on.. Recently, Bloomberg has attempted to pass a bill that would limit soft drinks in any eating establishment to 16 oz. per portion, and if this law is not abided to, it will result in a penalty for that establishment. Bloomberg seeks to defend the law on the basis that obesity is rampant in American society, and so he’s drafting the law for the ‘common good’, for you, ‘The People’. He seems so concerned about a healthy society for the American people, doesn’t he? Well, guess what? He doesn’t give anything about your personal civil rights. He makes health a rather significant issue, but has total disregard for morality – nobody wants to be living with morally sick people, right? While obesity isn’t contagious and morally corrupt, homosexuality is, and once it is permitted for one couple, it becomes permitted for everybody else, brainwashing the moral minds of the American people. The question that bothers practically everyone is that how can Bloomberg be so hypocritical as to be concerned more with health issues, and yet allow this sexual perversion to corrupt society?...
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...SWOT, PESTEL, Porter’s 5 Forces and Value Chain Company Overview Bloomberg L.P is a business news corporation based in the United States of America. The company headquarters are located in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1982 with his business partners Duncan MacMillan, Merrill Lynch and Thomas Secunda (Bloomberg, 2010). The company runs a business news agency, radio station, website and a business TV channel and prints a business newspaper named Businessweek. It provides financial services, asset management services and stock exchange updates to its subscribers, viewers and associated financial institutes. It holds around one third of the international financial data market. Bloomberg is a private company and does not show its profit and revenue statement publically. However, in 2009, Bloomberg L.P received $6.25 billion revenue from this $16 billion financial industry (The New York Times, 2009). Since the 1990s, Bloomberg has secured a strong position in Wall Street due to its fast and authentic messaging services informing investors about the securities' prices and market trends. The Wall Street investment gurus consider Bloomberg’s stock market graphs before investing in any portfolio or long-term financial products. The company generates more than 85 per cent of its revenues from in-depth financial analysis articles, for which it charges $20,000 per year from its subscriptions (The New York Times, 2009). Its total number of subscribers...
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...White Re: NYC Mayor Michael Bloomberg: How does he impacted NYC The Organization: Mayor Office of NYC is a hectic and stressful position which entails the responsibility of a major metropolitan city. Employees: The employees consists of the police, sanitation, transportation, city council, school board, and all other city official that helps run the city are all overworked and underpaid. Major Bloomberg initiating all to these regulation can make these employees life very difficult. Some of these employees are affected by the mayor’s smoking band. Stockholder: The stockholders are the people that voted for Mayor Bloomberg and they are investing in his candidacy with the expectation of a return on their investment with the improvement of Mayor Bloomberg maintaining his integrity and the issues of which he was hired under. External Customer: The people of NYC expect the mayor that is hired into office to have their best interest at hand. The customer wants a mayor that will govern the city and protect the citizen. With the banning of smoking in commercial places brought about a controversy between smokers and non-smokers. Non-smokers and other health issues customers saw it as a sign of relief by living smoke free and not being subjected to second hand smoke. Mayor Bloomberg admission of smoking marijuana in 2001, one could say was an attempt to express the youthful experimentation which brought about the tough drug laws. Mayor Bloomberg issues on stem cells, same...
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... Introduction: Bloomberg L.P. is a privately-held financial software, media, and data company. Bloomberg L.P. comprises approximately one third of the $16 billion global financial data market with estimated revenues of $6.9 billion (Shetty, n.p.). Bloomberg L.P. was founded by Michael Bloomberg with the assistance of Thomas Secunda, Duncan MacMillan, and Charles Zegar--with a 30% ownership stake put off by Merrill Lynch--in 1981 (Shetty,n.p.). The company provides financial software tools, such as analytics and an equity trading platform, data services and news to financial companies and organizations around the world through Bloomberg Professional Services--its core revenue-generating service. Bloomberg L.P. has grown to include a global news service, including radio, television, the internet and print publications (Shetty, n.p.). Its CEO during its formative years was Michael Bloomberg who exhibited an generally autocratic style of management. D.L. Rogers Corp. is a company based in Bedford, Texas whose primary business consists of owning 54 franchises of Sonic Corp.--the drive-in restaurants that are common in the U.S. Southeast. At Sonic's eateries--which accounted for $44 million in revenues for D.L. Rogers in 2012 — carhops rollerskate out to serve customers through car windows (Ballon, n.p.). Its president and CEO is Jack Hartnett who also has an autocratic management style but is more involved in the lives of his employees than is Bloomberg. Summary of the two...
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...Sustainability was a priority of Micheal Bloomberg. He believed that Sustainability was central to Bloombergs core values and provided a competitive advantage over other companies. Additionally, Dan Doctorff the president of Bloomberg believed that intergrating sustainability into business strategy and financial markets delivers real value to the customers. So they wanted to achieve internal sustainability within the organization and they strated BGreen initiative which aimed at reducing their carbon footprint by 50% in five years. So they wanted to achieve this by following some practices such as reducing co2 emissions from waste, generating renewable energy on site and reduce the impact of employee business travel and product transport They followed reduce,remove and reuse policy inorder to reduce waste and increase the recycling of general office waste, electrical waste and In house printing waste. They were able to divert more than 59% waste from their entire organization. As you can see, on an outer view, Carbon emission relates to environmental factor, recycling waste relates to social responsibility of the company, and govenance body relates to govenance factors which correlates to Environmental,social, governance factors account to Sustainability of the company. All these practices were monitored by the sustainability governance body which reviews the policies and procedures on sustainability issues to ensure compliance with worldwide best practices. With these...
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...Investment Funds and Securities Bloomberg Exercises 1. Learn about the different types of funds and their classifications by going to the Bloomberg’s FUND screen: FUND <Enter>; click “Fund Functions” and “Fund Lookup”; or enter MFOD and click type: Equity, Debt, Money Market, Real Estate, Commodity, or Alternative. 2. The performances of funds by type (e.g., mutual, hedge fund, ETFs, and unit investment trust) can be found on the Fund Heat Map Screen, FMAP. Use the screen to identify the top performers based on total return for several types: FMAP <Enter>, Click “Fund Type” in “View By” dropdown. 3.) alternative) can be found on Bloomberg’s Fund Heat Map Screen, FMAP. Use the screen to identify the top performers based on total return for several objectives: FMAP <Enter>, Click “Objective” in “View By” dropdown. 4. Use the Bloomberg fund search screen, FSRC, to search for the following types of equity-type funds and ETFs: a. Fund Type: Open-End; Classification (Asset Class Focus): Equity; Fund Strategy: Growth or Growth and Income; Analytic criterion: Input total return for one year of greater than X% (e.g., 20%) b. Fund Type: Closed-End; Classification (Asset Class Focus): Equity; Country of Domicile: select (e.g., U.S.); Analytic criterion: input total return for one year of greater than X% (e.g., 20%) c. Fund Type: Open-end; Classification: Industry Focus: Select industry (e.g., technology); Analytic criterion: input total return for one...
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...Feb 11, 2016 9:15 AM EST By Arun Majumdar , John M. Deutch , Norman R. Augustine & George P. Shultz Two months after the end of the Paris climate summit, it seems natural to ask: What are the next steps? Do we need to do more? Three initiatives launched around the Paris meeting are an important start. Bill Gates announced the formation of the Breakthrough Energy Coalition, composed of philanthropists who will invest in public-private partnerships to invent and scale technologies. More than 20 countries led by the U.S. unveiled "Mission Innovation" and pledged to seek to double their government research-and-development budgets over the next five years to accelerate clean-energy innovation. Ten of the world’s largest oil and gas companies launched the "Oil and Gas Climate Initiative" to organize meaningful action through the sharing of best-practice information and other industry collaboration as well as to make investments in R&D and startups. These statements indicate that both the public and private sectors recognize that we live in a carbon-constrained world and that there will be a charge on carbon emissions, imposed through regulations or market prices or a combination of both. Thus, there is an imperative for industry to explore the commercialization of new innovative low-carbon technologies. Given the scale of the energy and climate challenges, the three initiatives are necessary but not sufficient. Why? Successful innovation must address technologies from...
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...1. Products Is about setting targets to meet all customers’ needs in order to provide them the right products, and also deliver the expected services which involve several elements including warranties, free delivery, guarantees and support. 2. Pricing -This refers to the process of setting a price for a product, together with discounts. The price need not be monetary; it can plainly be what is exchanged for the product or services, e.g. time, energy, or attention. Methods of setting prices optimally are in the domain of pricing art 3. Placement - (or distribution): refers to how the product gets to the buyer; for instance, point-of-sale assignment or retailing. This third P has furthermore at times been called Place, referring to the channel by which a product or service is sold (e.g. online vs. retail), which geographic region or industry, to which division (young adults, families, business citizens), etc. also referring to how the surroundings in which the product is sold in can influence sales. 4. Promotion - This includes advertising, sales promotion, including promotional education, publicity, and individual selling. Branding refers to the assorted strategies of promoting the product, brand, or company. All the 4 marketing p's are also known as "the marketing mix" furthermore are frequently used by a marketer to plot a plan, and place the foundations of fresh projects/campaigns, it is a astonishingly useful strategy that has been used ever since the early 1960's...
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...Guide To The Bloomberg Terminal: Introduction Filed Under » Fundamental Analysis, Investment, Technical Analysis, Trading Systems Welcome to the Beginner's Guide to Bloomberg. This portion of the guide is aimed at new Bloomberg users, and will provide an overview of how to use a Bloomberg terminal. If you are a more experienced user, or if after reading this guide you want to go into more detail on Bloomberg's capabilities, please be on the lookout for the Advanced Guide to Bloomberg which will soon follow. (For more, see Day Trading Strategies For Beginners.) In this Basic Guide, we will examine how to sign up for, install and access Bloomberg. We will then go on to covering basic navigation on the Bloomberg system. Navigating Bloomberg is somewhat unique in that the system uses a special keyboard with some keys that are different from those found on a "normal" keyboard. Therefore, the navigation section of this guide will be important to newcomers. After gaining a working knowledge of these basics, in chapter four we will then move on to discuss some of the market and news monitor functions that are available on Bloomberg. Chapter five will focus on the basics of analyzing securities on Bloomberg. Advanced functionality in this area will be covered in the Advanced Guide; in this Basic Guide we will focus more closely on the types of analysis that Bloomberg allows users to perform. Finally, chapter six will provide some tips and tricks for navigating Bloomberg and getting...
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...Dear Professor, I came across this article in the New York Times which talks about the mayor Mr. Bloomberg and some of his talks in public and the outcomes of those publically spoken words. As a mayor he has a lot of responsibility. He must be careful at all times about how he behaves, how he speaks, what he speaks and about whom he speaks. He is a public figure and hence has to be cautious and take his decisions with extreme caution. But on the contrary his approach to the situation has been entirely different. The article talks about how some statements made by him on Radio could have affected or caused civic unrest in the city. He uses terms like possibility of riots and accepts facing problems of enormous public debt and unemployment in the country. He has been very shrewd with his opinions in the past and still is. He likes to work head on with the problems that are faced by the city. He is known for his aggressive approach and strict measures to obtain results. His tactics in using particular words or statements are often criticized to be outrageous and inappropriate, but they have brought results. And his reelection as mayor for the third time proves that despite being the way he is, his work and efforts are highly appreciated by the public. However I feel that he must take a subtler approach when required in the interest of maintaining order. Like in this article, on the radio he uses really instigating examples of students resorting to riots in order to get what they...
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...Leadership Name Class Name Professor Name November 6, 2011 Courage and Moral Leadership Michael R. Bloomberg who is The City of New York 108th Mayor has been in office for eight years. Bloomberg is the first Mayor to amend to New York City’s term limit law, in order to allow him to run for a third term in 2009. Since 2002, he has been the Mayor of New York City and, with a net worth of $18.1 billion in 2011, he is also the 13th-richest person in the United States. As Mayor of New York, Bloomberg declines to receive a city salary, accepting remuneration of $1.00 annually. He is the founder and eighty-eight percent owner of Bloomberg L.P., a financial news and information services media company. Once a lifelong Democratic before seeking office he later switched to the Republican Party and now he is an Independent. Bloomberg despite his followers and outpour for his continued leadership abilities he represents the Independent Party. As the Mayor, he has taken on some of the toughest issues facing millions of New Yorkers. Budget cuts, smoke free zone and gay marriage just to name a few has brought him less support. However, with the courage of a lion and the moral leadership of a beast Mayor Michael R. Bloomberg has prevailed in his leadership role. (Purnick 2009) While The City of New York projected budget for fiscal year 2012 may reach $9.3 billion Bloomberg finds ways to cut some of his expenditures. Unfortunately, public safety, sanitation, and education are amongst...
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...U.S. Companies Dodge $60 Billion in Taxes With Global Odyssey - Blo... http://www.bloomberg.com/news/print/2010-05-13/american-companies... By Jesse Drucker - May 13, 2010 Tyler Hurst swiped his debit card at a Walgreens pharmacy in central Phoenix and kicked off an international odyssey of corporate tax avoidance. Hurst went home with an amber bottle of Lexapro, the world’s third-best selling antidepressant. The profits from his $99 purchase began a 9,400-mile journey that would lead across the Atlantic Ocean and more than halfway back again, to a grassy industrial park in Dublin, a glass skyscraper in Amsterdam and a law office in Bermuda surrounded by palm trees. While Forest Laboratories Inc., the medicine’s maker, sells Lexapro only in the U.S., the voyage ensures most of its profits aren’t taxed there -- and they face little tax anywhere else. Forest cut its U.S. tax bill by more than a third last year with a technique known as transfer pricing, a method that carves an estimated $60 billion a year from the U.S. Treasury as it combines tax planning and alchemy. (See an interactive graphic on Forest’s tax strategy here.) Transfer pricing lets companies such as Forest, Oracle Corp., Eli Lilly & Co. and Pfizer Inc., legally avoid some income taxes by converting sales in one country to profits in another -- on paper only, and often in places where they have few employees or actual sales. After an economic bailout in which the U.S. government lent, spent or guaranteed...
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...Bloomberg and Koch Deeply Split Over Blame on Fiscal Ills Who is to blame for the financial status of our country? That question brought current New York City Mayor Michael Bloomberg and former Mayor Edward Koch at odds. Bloomberg, who was a very successful billionaire before running for mayor, nonchalantly kind of dismissed the question by saying “it’s entertaining to go and to blame people….but it doesn’t get better by complaining about it”. He was referencing to the protestors of Occupy Wall Street. Koch on the other hand, took a view point from the community instead by saying how “there’s something wrong with a kid who steals a bike going to jail and someone who steals millions paying a fine.” He sees how the ones doing the real damage in this city tend to get away with things that disrupt the financial state of this country, while other crimes tend to receive harsher punishment. Later in the argument Bloomberg says the banks are not to blame for the crisis, rather it should be the Congress taking the burden because they were the ones who forced certain deals to get done which are now hampering us. While Koch disagreed, saying the banks should be the taking the blame because they abused their relationship with the customers and that is the reason they have been getting fined. And again he added how a fine is not enough, and would like to see them punished criminally. In this debate, I believe both current and former mayor have good points on who is to blame for...
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...hysteria. The blight this casts on society according to New York Mayor Michael Bloomberg, entertainer Bill Cosby, and writer Tony Judt, is caused by ourselves, creating these race and religious identities in order to feel safer, blame others for own problems, and an attempt to make a perfectly imperfect world uniform. After the terrorist attacks on September 11th 2001, Americas view on Muslim society drastically changed, Muslim Americans went from neighbors and citizens, to potential enemy combatants in the eyes of an overwhelming amount of Americans. Determining whether or not someone was a Muslim became of paramount importance to Americans. Citizens, who were once doctors, lawyers, and politicians especially, now had to identify themselves as a Muslim doctor, Muslim Lawyer, or the dreaded Muslim Politician. It was this type of fear that promoted the controversy over whether Mosque being built near the former site of the twin towers should stand; to which Mayor Bloomberg said “Let us not forget that Muslims were among those murdered on 9/11, and that our Muslim neighbors grieved with us as New Yorkers and as Americans. We would betray our values and play into our enemies’ hands if we were to treat Muslims differently than anyone else. In fact, to cave to popular sentiment would be to hand a victory to the terrorists, and we should not stand for that.” (Michael 1). The popular sentiment Coon 2 Bloomberg speaks of is the anti-Muslim sentiment felt by a large majority of Americans...
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