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    bloomberg

    March to end fossil fuels

    How Bloomberg Got It Wrong on the March to End Fossil Fuels

    Failing to clearly spell out the connection between protesters’ actions and the existential threats behind them leads to the framing of their demonstrations as merely symbolic at best and hysterical at worst. This blindspot, makes quality reporting impossible.

    Olivia Riggio
    Oct 03, 2023

    Tens of thousands of climate protesters gathered in Midtown Manhattan on September 17, kicking off Climate Week as President Joe Biden arrived in New York to speak at the United Nations General Assembly. These protests—some of the biggest since before Covid—had a pointed message, largely directed at Biden himself: End fossil fuels.

    The Biden administration has passed historic climate legislation through the Inflation Reduction Act, which seeks to create clean energy jobs, increase investments in renewables and build infrastructure to support resilience in communities most vulnerable to the climate crisis.

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    Opinion
    march to end fossil fuels
    Demonstrators hold signs while protesting in front of a Starbucks shop on April 14, 2022 in New York City. ​

    'Oxygen for the Fire': White-Collar Starbucks Workers Blast Union-Busting

    "This is the kind of pressure that could force the company to the bargaining table," said one reporter.

    Jessica Corbett
    Mar 01, 2023

    Dozens of white-collar Starbucks employees have endorsed a petition calling out the Seattle-based coffee chain for requiring them to return to the office and interfering with a national unionization push by baristas, Bloomberg revealed Wednesday.

    "Starbucks is making headlines and attracting Senate attention for tampering with the federal right of store partners to have fair elections, free from fear, coercion, and intimidation," says the letter, reportedly sent to senior executives and board members.

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    News
    starbucks
    Fed chair Jerome Powell

    Ignoring Pain for Workers, Bloomberg Editorial Openly Endorses Fed-Induced Recession

    The prominent business publication founded by billionaire Michael Bloomberg urged the Federal Reserve to "show it understands" the need for more layoffs and lower wages.

    Jake Johnson
    Sep 21, 2022

    With the Federal Reserve expected to impose another large interest rate hike on Wednesday, the editorial board of Bloomberg openly encouraged the U.S. central bank to demonstrate that it is willing to "cause a recession" in order to get sky-high inflation under control.

    Critics were quick to note that the Wednesday editorial, which claims "wage growth will need to slow" and unemployment will need to rise for inflation to come down, doesn't grapple with the severe damage a recession would inflict on workers who would face job losses, pay cuts, and other consequences in the case of a Fed-induced downturn.

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    News
    fed rate hikes

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