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Search results for "Bloomberg" ...

  • The Brexit Short

    How powerful financiers exploited democracy for profit, buying inside information to reap fortunes as Europe’s biggest vote in years sparked a record crash.
  • Sign Here to Lose Everything

    How predatory lenders have turned New York's court system into a high-speed debt-collection machine that is destroying small businesses nationwide.
  • How to Hack An Election

    The inside story of how a cybercriminal for hire teamed with Latin's America's most notorious fixer to influence presidential elections and subvert government power across the continent for a decade. Despite a wealth of cybersecurity reporting in recent years, the ability of computer hackers to disrupt the democratic foundation of elections had gone virtually unchronicled. This Bloomberg Businessweek article not only showed it could be done, it took the reader deep inside the operations with a hacker, who put himself in danger by speaking. The ground-breaking story stunned readers, journalists and officials in several countries. And it proved to be a roadmap to the disruption of the U.S. presidential election later in the year, with Russian agents accused of using digital tools to manipulate social media and to produce fake news that influenced public opinion.
  • Sepp Blatter & FIFA (A League of His Own)

    In “A League of His Own,” Bloomberg Businessweek demonstrated for the first time that the long-rumored corruption at FIFA, soccer's governing body, was part of the system of governance itself, and served to keep Sepp Blatter, its president, in power. Less than a month after the story ran, indictments in the U.S., and raids in Switzerland, confirmed our reporters’ findings, and Blatter resigned.
  • Bloomberg Businessweek’s 2014 Cyber Attack Reporting

    Over the past decade, hackers have stolen trade secrets, millions of personal identities, and wrought havoc on some of the world’s biggest companies. Some of these actions were orchestrated by lone criminals; some by governments. All of them share one thing in common: The details are never revealed. That changed in 2014 when Bloomberg Businessweek published a trio of deeply reported stories by Michael Riley and Bloomberg colleagues about digital attacks. Each vividly takes readers into the secretive world of hackers and exposes corporate America’s vulnerabilities in startling detail. “The Epic Hack: Target ignored its own alarms – and turned its customers into victims," "How Russian Hackers Stole the NASDAQ” and “Now at the Sands: Iranian Hackers in Every Server” exemplify superlative investigative reporting in a complex field alongside masterful storytelling.
  • 401(k) Plans Revealed

    Bloomberg News reporters spent months digging through thousands of pages of obscure government documents to produce a first-of-its-kind ranking, digital tool and series of stories that brought unprecedented transparency to 401(k) plans, which millions of American workers rely on for retirement. The stories, and the accompanying first-of-its kind ranking and digital tool, showed the disparities among 401(k) plans at the biggest companies in the U.S. and let workers compare them. They revealed that companies such as ConocoPhillips and Abbott Laboratories are among those with the most lucrative benefits, matching at least double what their workers put in and giving an additional payment no matter what their employees contribute.
  • Colgate Total Ingredient Linked to Hormones, Cancer Spotlights FDA Process

    Kary exposed health risks posed by antibacterial chemical triclosan in Colgate Total toothpaste, in part by examining pages of Colgate-Palmolive's Food and Drug Administration application that were kept private after the toothpaste's 1997 approval. These previously undisclosed pages, summaries of scientific studies Colgate submitted as part of its new-drug application, contained indications of a potential health danger in one of America's top-selling toothpastes, according to scientists who reviewed them for Bloomberg News. Kary's article raises important questions, including whether the FDA did appropriate due diligence in approving Total 17 years ago, and whether its approval should stand in light of new research. By combining tough and fair investigative reporting, clear science writing and an examination of America's regulatory system, Kary's piece gave readers a valuable new tool for decision-making on an important health and wellness front.
  • Tungsten's Tainted Trails

    Bloomberg Markets' reporter Michael Smith spent six months trekking through an Amazon jungle and then tracking Colombian export and tax records. The research resulted in a story revealing that the multinational companies that make BMWs, Ferraris and Porches, as well as smartphone and tablet makers Apple and Samsung, buy products from a supply chain that starts with mining by a terrorist group in Colombia.
  • Rigging the World's Biggest Market

    Bloomberg News reporters shocked investors and regulators when they disclosed in June that traders used private instant-message groups to attempt to manipulate currency markets.
  • America's Great State Payroll Giveaway

    A state-employed psychiatrist in California made $822,000 by clocking in 17 hours every day last year, including Sundays and holidays. An employee cashed out with $609,000 for unused vacation when she retired, claiming she never took vacations in a 30-year career. A highway patrol officer collected $484,000 in salary, pension and leave payments. The chief money manager at a Texas pension fund got $1 million in salary and bonuses while posting investment returns that trailed those of peers who earned a quarter as much. Bloomberg News used freedom-of-information laws to obtain 1.4 million payroll records from the 12 largest states and show how taxpayers funded these out-of-control expenses and more, while at the same time states cut funding for universities, public safety, health care, schools and services aimed at the neediest residents.