NYC mayor unveils sweeping environmental plan on Earth Day

The nation's biggest city, under the direction of Mayor Bill de Blasio, marked Earth Day on Wednesday by linking a sweeping effort to limit its impact on the environment with its fight against income inequality by pledging ...

155 European cities join Bloomberg ideas contest

Unemployment, energy efficiency and obesity are the top concerns targeted by some 155 European cities competing to out-innovate each other in a lucrative contest launched by former New York Mayor Michael Bloomberg, his foundation ...

New York spreading wireless access across city

Free Internet access will be given to more neighborhoods across New York as the Big Apple aims to build a "wireless corridor" designed to boost business, officials announced Monday.

Beyond NYC: Other places adapting to climate, too

From Bangkok to Miami, cities and coastal areas across the globe are already building or planning defenses to protect millions of people and key infrastructure from more powerful storm surges and other effects of global warming.

NY mayor launches bid to help tech startups

Mayor Michael Bloomberg on Tuesday launched an initiative to attract high-tech startups, the latest step in his campaign to turn New York into an East Coast version of Silicon Valley.

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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