Bloomberg Television controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile4 entries
2022
Bloomberg apologizes for publishing an erroneous invasion headline
Company response
Bloomberg said it inadvertently published the headline “Russia Invades Ukraine” on its website, deeply regretted the error, removed the headline, and said it was investigating the cause.
Company response
Apology — Bloomberg
We deeply regret the error.
Remediation — Bloomberg
The headline has been removed
Investigation — Bloomberg
we are investigating the cause.
Source excerpt
Bloomberg said later on Friday: "We prepare headlines for many scenarios and the headline 'Russia Invades Ukraine' was inadvertently published around 4 p.m. ET today on our website. We deeply regret the error. The headline has been removed and we are investigating the cause."
“We deeply regret the error. The headline has been removed and we are investigating the cause.”
American news outlet Bloomberg has issued an apology after accidentally reporting that Russia had invaded Ukraine.
2020
Harris and McNeal file lawsuit against Bloomberg LP
Lawsuit filed
Katherine Brooks Harris and Sydney McNeal filed a lawsuit alleging that Bloomberg LP was complicit in creating an environment that allowed Charlie Rose to prey on women. The allegations have not been adjudicated in the supplied report.
Company response
Clarification — Bloomberg LP
At all relevant times, the plaintiffs were not employees of Bloomberg L.P., because Charlie Rose Inc. operated independently of us.
Investigation — Bloomberg LP
Regardless, we take any complaints seriously, investigate thoroughly, and take appropriate action, where necessary, and we have no record of a complaint about Mr. Rose from either plaintiff or other individuals.
Remediation — Bloomberg LP
As soon as we were aware of allegations that were reported in the media in 2017, we immediately suspended re-airing the show on our our network.
Source excerpt
A lawsuit filed Tuesday in the Supreme Court of the state of New York alleges that financial data firm Bloomberg LP, founded and controlled by former Democratic presidential candidate Michael Bloomberg, was complicit in creating the environment that allowed disgraced journalist Charlie Rose to allegedly prey on women.
Two of those women, Katherine Brooks Harris and Sydney McNeal, are listed as plaintiffs on the newer complaint.
2019
French financial watchdog fines Bloomberg over false information about Vinci
Fine or penalty
France’s financial markets watchdog fined Bloomberg €5 million for publishing false information about Vinci’s financial situation. The regulator said Bloomberg should have known the information was false and that it could cause an abnormal or artificial change in Vinci’s share value.
Source excerpt
France’s financial markets watchdog (AMF) fined Bloomberg € 5 million ($5.5 million) for publishing false information about the financial situation at Vinci, a French construction company.
In a statement, the French regulator said that Bloomberg “should have known that this information was false” and that it “would likely lead to an abnormal or artificial change in the value of Vinci shares.”
France's financial markets watchdog on Monday hit Bloomberg with a five million euro (US$5.6 million) fine for a report based on a fake news release that triggered a plunge in the shares of French construction giant Vinci and wiped billions off its market value.
2005
Ofcom reprimand over UK election coverage
Bloomberg Television's UK service was reprimanded by Ofcom after coverage of the Labour Party's business manifesto failed to provide equivalent airtime to the Conservatives and Liberal Democrats. The issue concerned the UK's election-broadcasting requirement for balanced treatment of major parties.