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Michael Bloomberg
Michael Rubens Bloomberg (born February 14, 1942) is an American businessman, politician, philanthropist, and author. He is the majority owner, co-founder and CEO of Bloomberg L.P. He was Mayor of New York City from 2002 to 2013, and was a candidate for the 2020 Democratic nomination for President of the United States. He has served as chair of the Defense Innovation Board, an independent advisory board that provides recommendations on artificial intelligence, software, data and digital modernization to the United States Department of Defense, since June 2022. Bloomberg grew up in Medford, Massachusetts, and graduated from Johns Hopkins University and Harvard Business School. He began his career at the securities brokerage Salomon Brothers before forming his own company in 1981. That company, Bloomberg L.P., is a financial information, software and media firm that is known for its Bloomberg Terminal. Bloomberg spent the next twenty years as its chairman and CEO. As of Jun ...
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Defense Innovation Advisory Board
The Defense Innovation Board is an independent advisory board set up in 2016 to bring the technological innovation and best practice of Silicon Valley to the U.S. Military. It is governed by the Federal Advisory Committee Act (FACA) and provides independent recommendations to the Secretary of Defense. The board consists of experts from across commercial sector, research, and academia. The Board was founded to bring innovative best practices in technology, workforce, and organizational structure to the Department of Defense. Joshua Marcuse was the inaugural Executive Director of the Defense Innovation Board. Mr. Marcuse served as Executive Director from August 2016 to March 2020. Dr. Eric Schmidt was the Board's inaugural Chairman. Dr. Schmidt served as the Board's Chair from August 2016 to September 2020. The board traveled throughout the world during 2016 seeking innovative ideas from the servicemen involved in military operations to improve processes in use in all theaters o ...
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2020 Democratic Presidential Primaries
Presidential primaries and caucuses were organized by the Democratic Party to select the 3,979 pledged delegates to the 2020 Democratic National Convention held on August 17–20 to determine the party's nominee for president in the 2020 United States presidential election. The elections took place in all 50 U.S. states, the District of Columbia, five U.S. territories, and Democrats Abroad, and occurred between February 3 and August 11. A total of 29 major candidates declared their candidacies for the primaries, the largest field of presidential primary candidates for any American political party since the modern primaries began in 1972, exceeding the field of 17 major candidates in the 2016 Republican Party presidential primaries. Former Vice President Joe Biden led polls throughout 2019, with the exception of a brief period in October when Senator Elizabeth Warren experienced a surge in support. 18 of the 29 declared candidates withdrew before the formal beginning of the pr ...
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2001 New York City Mayoral Election
The New York City mayoral election of 2001 was held on November 6, 2001. Incumbent Republican mayor Rudy Giuliani could not run again due to term limits. As Democrats outnumbered Republicans by a five-to-one margin in the city, it was widely believed that a Democrat would succeed him in City Hall. Businessman Michael Bloomberg, a lifelong Democrat, changed his party affiliation and ran as a Republican. Mark J. Green narrowly defeated Fernando Ferrer in the Democratic primary, surviving a negative contest that divided the party and consumed the vast majority of the Green campaign's financial resources. After a campaign that was largely overshadowed by the 9/11 terrorist attacks, Bloomberg won the general election with 50.3% of the vote to Green's 47.9%. Background The primaries originally began on September 11. However, the September 11 attacks caused the primary to be postponed until September 25 (votes cast on September 11 were not counted), and the run-off occurred on October ...
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Jews In New York City
Jews in New York City comprise approximately 9 percent of the New York City, city's population, making the Jewish community the largest in the world outside of Israel. , 1.6 million Jews lived in the five boroughs of New York City, boroughs of New York City, and over 2.2 million Jews lived in New York (state), New York State overall. American Jews, Judaism is the second-largest religion practiced in New York City, with approximately 1.6 million adherents as of 2022, representing Jewish population by city, the largest Jewish community of any city in the world, greater than the combined totals of Tel Aviv and Jerusalem. Nearly half of the city’s Jews live in Brooklyn. The ethno-religious population makes up 18.4% of the city and its religious demographic makes up 8%. The first recorded Jewish settler was Jacob Barsimson, who arrived in August 1654 on a passport from the Dutch West India Company. Following the assassination of Alexander II of Russia, for which many blamed " ...
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List Of Mayors Of New York City
The mayor of New York City is the chief executive of the Government of New York City, as stipulated by New York City's charter. The current officeholder, the 110th in the sequence of regular mayors, is Eric Adams, a member of the Democratic Party. During the Dutch colonial period from 1624 to 1664, New Amsterdam was governed by the Director of New Netherland. Following the 1664 creation of the British Province of New York, newly renamed New York City was run by the British military governor, Richard Nicolls. The office of Mayor of New York City was established in 1665. Holders were appointed by colonial governors, beginning with Thomas Willett. The position remained appointed until 1777. That year, during the American Revolution, a Council of Appointment was formed by the State of New York. In 1821 the New York City Council – then known as the Common Council – began appointing mayors. Since 1834, mayors have been elected by direct popular vote. The city included little ...
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The Giving Pledge
The Giving Pledge is a campaign to encourage extremely wealthy people to contribute a majority of their wealth to philanthropic causes. , the pledge has 236 signatories from 28 countries. Most of the signatories of the pledge are billionaires, and as of 2016, their pledges are estimated to total US$600 billion. Description The organization's stated goal is to inspire the wealthy people of the world to give at least half of their net worth to philanthropy, either during their lifetime or upon their death. The pledge is a public gesture of an intention to give, not a legal contract. On The Giving Pledge's website, each individual or couple writes a letter explaining why they chose to give. History In June 2010, the Giving Pledge campaign was formally announced and Bill Gates and Warren Buffett began recruiting members. As of August 2010, the aggregate wealth of the first 40 pledgers was $125 billion. As of April 2011, 69 billionaires had joined the campaign and given a pledge, and ...
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The World's Billionaires
''The World's Billionaires'' is an annual ranking by documented net worth of the wealthiest billionaires in the world, compiled and published in March annually by the American business magazine ''Forbes''. The list was first published in March 1987. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt and other factors. Royalty and dictators whose wealth comes from their positions are excluded from these lists. This ranking is an index of the wealthiest documented individuals, excluding any ranking of those with wealth that is not able to be completely ascertained. In 2018, Amazon founder Jeff Bezos was ranked at the top for the first time and became the first centibillionaire included in the ranking, surpassing Microsoft founder Bill Gates, who had topped the list 18 of the previous 24 years. In 2022, after topping the list for four years, Bezos was surpassed by Elon Musk ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include '' Fortune'' and '' Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Stev ...
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Bloomberg Terminal
The Bloomberg Terminal is a computer software system provided by the financial data vendor Bloomberg L.P. that enables professionals in the financial service sector and other industries to access Bloomberg Professional Services through which users can monitor and analyze real-time financial market data and place trades on the electronic trading platform. It was developed by employees working for businessman Michael Bloomberg. The system also provides news, price quotes, and messaging across its proprietary secure network. It is well known among the financial community for its black interface, which has become a recognizable trait of the service. The first version of the terminal was released in December 1982. Most large financial firms have subscriptions to Bloomberg Professional Services. Many exchanges charge their own additional fees for access to real time price feeds across the terminal. The same applies to various news organizations. All Bloomberg Terminals are leased ...
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Salomon Brothers
Salomon Brothers, Inc., was an American multinational bulge bracket investment bank headquartered in New York. It was one of the five largest investment banking enterprises in the United States and the most profitable firm on Wall Street during the 1980s and 1990s. Its CEO and chairman at that time, John Gutfreund, was nicknamed "the King of Wall Street". Salomon Brothers served many of the largest corporations in America. At one time, it was the leading underwriter of corporate bonds and the largest dealer of Treasury Securities in the United States. It was also one of the top firms in futures and options (known as "derivatives") and in securitization in a range of asset classes including commercial real estate securities. The bank was famed for its "cutthroat corporate culture that rewarded risk-taking with massive bonuses, punishing poor results with a swift boot." In Michael Lewis' 1989 book '' Liar's Poker'', the insider descriptions of life at Salomon gave way to the p ...
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Harvard Business School
Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA program, management-related doctoral programs, and many executive education programs. It owns Harvard Business Publishing, which publishes business books, leadership articles, case studies, and the monthly ''Harvard Business Review''. It is also home to the Baker Library/Bloomberg Center. History The school was established in 1908. Initially established by the humanities faculty, it received independent status in 1910, and became a separate administrative unit in 1913. The first dean was historian Edwin Francis Gay (1867–1946). Yogev (2001) explains the original concept: :This school of business and public administration was originally conceived as a school for diplomacy and government service on the model of the French '' Ecole des ...
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Medford, Massachusetts
Medford is a city northwest of downtown Boston on the Mystic River in Middlesex County, Massachusetts, United States. At the time of the 2020 U.S. Census, Medford's population was 59,659. It is home to Tufts University, which has its campus along the Medford and Somerville border. History Indigenous history Native Americans inhabited the area that would become Medford for thousands of years prior to European colonization of the Americas. At the time of European contact and exploration, Medford was the winter home of the Naumkeag people, who farmed corn and created fishing weirs at multiple sites along the Mystic River. Naumkeag sachem Nanepashemet was killed and buried at his fortification in present-day Medford during a war with the Tarrantines in 1619. The contact period introduced a number of European infectious diseases which would decimate native populations in virgin soil epidemics, including a smallpox epidemic which in 1633 which killed Nanepashemet's sons, sache ...
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