Nov 9, 2019

A collision of Hollywood and D.C.

Presidents Clinton and Obama. Photo: Mehdi Taamallah/AFP via Getty Images

Endeavor Group Holdings Inc. is buying Harry Walker Agency, which means one of Hollywood's largest talent agencies will also be in charge of speaking engagements of former Presidents Barack Obama and Bill Clinton, Bloomberg's Lucas Shaw reports.

Why it matters: Hollywood agencies are more aggressive than ever to enter the speaking circuit recently, "challenging established firms based in New York and Washington, as they sense new opportunities to boost their revenue," Bloomberg writes. In 2017, talent agencies ICM Partners and United Talent Agency also acquired speaking agencies.

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Mike Bloomberg officially announces presidential run

Photo: Yana Paskova/Getty Images

Billionaire and former New York Mayor Mike Bloomberg officially announced on Sunday that he's running for president as a Democrat.

"I’m running for president to defeat Donald Trump and rebuild America. We cannot afford four more years of President Trump’s reckless and unethical actions. He represents an existential threat to our country and our values. If he wins another term in office, we may never recover from the damage. The stakes could not be higher. We must win this election. And we must begin rebuilding America. I believe my unique set of experiences in business, government, and philanthropy will enable me to win and lead."
— Mike Bloomberg
Go deeperArrowNov 24, 2019

The markets would like Mike

Photo: Ole Jensen/Getty Images

Former New York Mayor Michael Bloomberg dipped his toe into the 2020 election water last week, and some investors are already salivating.

What it means: Analysts at investment bank Cowen and Co. argue in a recent whitepaper that Bloomberg's policies would provide the market a big boost, even though they argue the billionaire is "unlikely to substantially ease regulatory policies" and " is actually likely to toughen some capital and consumer protection rules."

Go deeperArrowNov 11, 2019

The fringe internet frets over Mike Bloomberg's place in the 2020 race

Photo: Andrew Burton/Getty Images

Since entering the presidential fray last week, billionaire Mike Bloomberg has become a popular topic on fringe internet forums, where users have dished about what his war chest could mean for the race, according to data provided to Axios from social intelligence firm Storyful.

Why it matters: Discussions on Reddit, as well as fringe-right sites 4chan and Gab, discuss whether Bloomberg's well-financed entrance into the race will upend President Trump's second bid for The White House.

Go deeperArrowNov 12, 2019