Tuesday, February 9, 2016

Business and Media Related News

Michael Bloomberg says he is eyeing 2016 run for the White House
FINANCIAL TIMES Feb 9, 2016
Oliver Ralph in London, Demetri Sevastopulo in New Hampshire and Matthew Garrahan in New York
Michael Bloomberg, the billionaire media owner and former New York mayor, has stated for the first time that he is considering a run for US president, a move that would dramatically reshape the 2016 race for the White House.

Bloomberg Is Worth Seven Times More Than All The Candidates Combined
FORBES  January 26, 2016
Emily Canal
Forbes estimates that Bloomberg is worth $36 billion. That’s more than all the Democratic and Republican candidates combined . The total net worth of the 15 candidates is $4.68 billion, and Bloomberg is worth more than seven times that. Additionally, Bloomberg’s fortune is a little over eight times what the current wealthiest candidate, Donald Trump, is worth.

Las Vegas newspaper staff feels casino giant Sheldon Adelson's tightening grip
LA Times
February 9, 2016 By Nigel Duara

When casino mogul Sheldon Adelson quietly bought Nevada's largest newspaper, reporters made it their mission to break the story of their new owner.
Newly energized after years of turnover and turmoil, the news staff at the Las Vegas Review-Journal furiously reported on the sale and — in a front-page editorial — promised readers that they would stand sentry to make sure the paper's stories were fair, balanced and stripped of any possible influence from Adelson's political and business connections.
But that full-tilt burst of self-reporting has now slowed amid a heavier hand from Adelson's appointed leadership, and some suggest, so has the vow of being transparent.

Blackwater founder Erik Prince on how to defeat Islamic State
ASIA TIMES
Erik Prince, the well-known founder of military contractor Blackwater, has been offering advice to current Republican presidential candidates about how the US should respond militarily and geopolitically to the situation on the ground in the Middle East — especially with regard to the threat posed by Islamic State (IS) jihadists.
In this Asia Times exclusive, Prince, who currently heads Frontier Services Group, an Africa-focused security and logistics company, outlines his talking points about what the US-led coalition must do to thwart IS in the region.

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