New York City saddles up for cycling

Bicycle lanes, cycling lessons for adults, and soon 10,000 bikes in a sharing program: New York is pedaling hard to join the world's growing love affair with the bicycle.

New York police launch high-tech surveillance

New York police on Wednesday launched what officials say is a revolutionary camera surveillance system that will simultaneously scan the streets and call up data on suspects.

Warren Buffett says coal won't make a comeback

Billionaire investor Warren Buffett on Saturday said he doubted coal could make a comeback, dismissing a push by US President Donald Trump to revive the declining American industry.

Bloomberg to promote electric taxis in cities

(AP) -- City authorities are often better placed than national governments to combat climate change, New York City Mayor Michael Bloomberg said Saturday, vowing to promote the use of electric taxis as he takes over the leadership ...

Bright is the new black: New York roofs go cool

On the hottest day of the New York City summer in 2011, a white roof covering was measured at 42 degrees Fahrenheit cooler than the traditional black roof it was being compared to, according to a study including NASA scientists ...

Climate talk shifts from curbing CO2 to adapting

Efforts to curb global warming have quietly shifted as greenhouse gases inexorably rise. The conversation is no longer solely about how to save the planet by cutting carbon emissions. It's becoming more about how to save ...

Mayors reach climate deal with World Bank

Leaders of the C40 Mayors Summit on climate change said Wednesday the group had reached a financing agreement with the World Bank to help the world's major cities better adapt to climate change.

New York to get world's biggest Ferris wheel

New York's mayor says the city will wheel out the world's biggest Ferris wheel in 2015, overtaking the current record holder in Singapore and leaving the London Eye in the dust.

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Michael Bloomberg

Michael Rubens Bloomberg (born February 14, 1942) is the current Mayor of New York City. He was listed as the eighth-richest American, with a net worth of US $16 billion, in the Forbes 400 on Sept. 17, 2008, making him the richest resident of New York City, ahead of David H. Koch. He is the founder and 88% owner of Bloomberg L.P., a financial software services company.

A lifelong Democrat before seeking elective office, Bloomberg switched his registration in 2001 and ran for mayor as a Republican, winning the election that year and a second term in 2005. He was frequently mentioned as a possible independent candidate for the 2008 presidential election and fueled that speculation when he left the Republican Party in June 2007 to become an independent. There was also speculation that he would run as a vice-presidential candidate. Bloomberg did not, however, seek the presidency nor was he selected as a running mate by any of the presidential candidates.

In the fall of 2008, Bloomberg successfully campaigned for an amendment to New York City's term limits law, in order to allow him to run for a third term in 2009. On September 30, 2008, reports emerged that Bloomberg was seeking to amend the law, and on October 2, 2008, he announced plans to request the removal or extension of term limits for elected officials. On October 23, 2008 the New York City Council voted in favor of extending the term limit for elected officials to three consecutive four-year terms, thus allowing both Bloomberg and other council members to run for office again. During the amendment campaign, Bloomberg's administration requested the support of certain nonprofit groups, which attracted some criticism because these groups have received threats from the mayor in the past.

Bloomberg is currently the Republican and Independence Parties' nominee for New York City Mayor, running against Democratic and Working Families Party candidate Bill Thompson.

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