Texas Gov. Rick Perry (R) attempted to correct his wife on Tuesday, saying she misspoke when she referred to abortion as "a woman's right," Bloomberg News reported.
Officials in the financially beleaguered city of Detroit misplaced a $1 million check made out to the city's school system for a month. According to Bloomberg News, the fact that the check languished in a drawer, forgotten, for weeks from late February to March is another sign of the city government's staggering inefficiency and bureaucratic incompetence.
China's central bank, which manages the world's largest foreign exchange reserves, is looking into a growing scandal over the access journalists at Bloomberg News had to potentially sensitive data, reports said Wednesday.
In a shocking new revelation concerning last fall's collapse of New York brokerage firm MF Global, it has been learned that CEO Jon S. Corzine personally ordered the transfer of $200 million out of a customer fund to cover an overdraft at one of the firm's own accounts with JPMorgan Chase.
As Republicans accuse President Barack Obama of regulating businesses right out of their ability to create jobs, a new study by Bloomberg News seems to have knocked their talking point down.