Bloomberg News is one of the world’s largest employers of journalists, with 2,700 reporters and editors competing to break news on any story likely to give users of its 325,000 financial data terminals an edge, from currency-swaying coups to convertible bond issues.
It is also the only major news organisation to have set limits on covering one of the most market-moving stories of all: the 2020 US election.
Mike Bloomberg’s entry into the race for the Democratic nomination this weekend left a question mark over the entire company on which he built his estimated $51bn fortune.
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