Bloomberg

For a second straight day CNN ignored the newest phone hacking accusations made against its 9 p.m. host Piers Morgan. Major media outlets, including Bloomberg News, msnbc.com, and CBS have reported the story, but Morgan's current employer, CNN, has remained mum on the allegations. On Wednesday, the ex-wife of Paul McCartney accused a journalist from a British newspaper group of hacking her…

Bloomberg's Margaret Carlson on Friday accused the Tea Party of wanting "to burn the place down" and having figuratively "strapped explosives to the Capitol" during debt ceiling negotiations. Sitting beside her on PBS's "Inside Washington" was Charles Krauthammer who smartly replied, "I thought post-Tucson we weren’t supposed to accuse our political opponents of being terrorists" (video…

One might be an accident. Two indicates a bit of a trend. Yesterday (at NewsBusters; at BizzyBlog), I noted that an early dispatch from Bloomberg on a disappointing consumer confidence report opened by telling readers that "Consumer confidence unexpectedly fell in June to a seven-month low ..." A later version purged the dreaded U-word ("unexpectedly"), opening with "Consumer confidence…

It looks like someone in the establishment business press might be getting a little touchy about the razzing they continually receive for delivering "unexpectedly" bad economic news. As captured by Glenn Reynolds at Instapundit and corroborated in this Google News description, Bloomberg's 10:16 a.m. report on consumer sentiment told readers that "Consumer confidence unexpectedly fell in June…

It would appear, according to the Associated Press's Christopher Rugaber, that something unusual had to explain why initial unemployment claims as reported by Uncle Sam's Department of Labor rose to a seasonally adjusted 424,000 during the week ended May 21 when they were expected to decline. In previous weeks, poor performances have been explained by DOL spokespersons as due to the unusually…

Yesterday afternoon, the Bloomberg financial news service picked up on a study by PricewaterhouseCoopers showing that U.S. companies pay the sixth highest effective corporate tax rates in the world. "The tax rate for the largest U.S. companies between 2006 and 2009 was 27.7 percent, compared with a non-U.S. average of 19.5 percent, according to the study," reporter Richard Rubin noted. "…

Last Friday, in what one would think would be a bombshell story headlined "Foreign Banks Tapped Fed’s Secret Lifeline Most at Crisis Peak," Bloomberg's Bradley Keoun and Craig Torres reported that foreign banks secretly and routinely tapping the Federal Reserve's "discount window" lending program, primarily in 2008 and 2009. Some specifics: "(The) loans protected a lender to local…

 On Friday’s Political Capital show, Bloomberg’s Margaret Carlson lavished praise on President Obama has having "negotiating skills" like the recently deceased diplomat Richard Holbrooke - known for facilitating a ceasefire in Bosnia in the mid-1990s - as host Al Hunt asked Carlson and the National Review’s Kate O’Beirne to describe what Christmas gifts they would figuratively give to various…

Bloomberg News has taken an unorthodox step in the world of wire services, and created an opinion section that it says "will embrace a diversity and variety of opinion." But early signs suggest a liberal tilt to"Bloomberg View", as it's called. It will be edited by David Shipley, former deputy editor of the New York Times opinion page, and James Rubin, who was an Assistant Secretary of State…

Shortly after the Labor Department announced a very disappointing jump in the unemployment rate to 9.8 percent, Google News featured as its top story an Associated Press article published Thursday predicting "the tight job market may be easing at last." Here's a screen cap of Google News from about an hour ago:

They're back, they have their media water-carriers in place, and the Obama administration is smack dab in the middle of it. The United Nations is pushing for countries in the developed world to keep their "promise" to, in the worlds of Charles J. Hanley at the Associated Press,  "raise up to $100 billion a year in new money for poorer countries to cope with climate change and reduce their…

In a zinger that roused the indignation of MSNBC's "Morning Joe," Bloomberg columnist Margaret Carlson cast Christine O'Donnell as Sarah Palin's protege – but "with not a fully-functioning human brain." But in 1992, Carlson gushed over the primary victories of current Sens. Barbara Boxer and Diane Feinstein. Does she hold a double-standard?Co-host Mika Brzezinski was taken aback when the panel…

Today, eight city council members were arrested in Bell, California for what Los Angeles County District Attorney labeled "corruption on steroids." Thus far, every major news outlet that has reported on the story has omitted the fact that all eight individuals arrested are Democrats.These glaring omissions come only weeks after NewsBusters reported that of the 351 stories on the then-brewing…

What if reporters hunting and pecking for happy economic news are playing up incomplete government reports? Take this AP story by Jeannine Aversa on hopes rising over jobless claims: The number of people signing up for unemployment benefits dropped to the lowest level in two months, an encouraging sign that companies aren't resorting to deeper layoffs even as the economy has lost momentum.The…