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Bloomberg will reportedly take over the news magazine.
New York (WiredPRNews.com) – BusinessWeek magazine is reportedly being purchased by Bloomberg LP. As reported by the Associated Press (AP), the deal was announced Tuesday, however, specific details were not released.
Bloomberg president Daniel L. Doctoroff is quoted by the AP as stating of the acquisition, “BusinessWeek helps better […]

Asbestos claimants want their cases to be heard by a U.S. Court of Appeals.
Mesothelioma Cancer News (New York) – Individuals with asbestos claims against General Motors Corp. are reportedly seeking to have their cases heard directly by the U.S. Court of Appeals. As reported by Bloomberg, the tort claimants are proposing that a recent decision […]

The two criticize the president’s stimulus plan at a Republican fundraiser.
Wired PR News – Former House Speaker Newt Gingrich and actor Jon Voight criticized the president and his policies at a recent fundraiser. As reported by Bloomberg.com, Gingrich, who filled former President George W. Bush’s prior role as keynote speaker for the dinner to raise […]

The president visited with Mexican president Felipe Calderon to discuss the looming drug war and other issues.
Wired PR News – President Barack Obama visited officials in Mexico City to discuss issues pertaining to increasing drug violence, trade, and other pressing matters. As reported by Bloomberg.com, Obama held a meeting with Mexican president Felipe Calderon to […]

The U.S. government has filed a lawsuit against the largest bank in Switzerland.
WiredPRNews.com – The United States government has filed a lawsuit against UBS AG in an effort to get the large Switzerland bank to disclose financial information on American customers. As reported on Bloomberg.com, the government has alleged that over 50,000 Americans have hidden […]

Joseph Cassano, a former executive for American International Group Inc. (AIG), is now being investigated by United States prosecutors. Wired PR News.com – As reported by Reuters, Cassano allegedly may have misled investors and auditors with flawed information pertaining to sub prime mortgage losses.
Citing information from a Bloomberg report, the Reuters article states Powerhouse Coopers […]