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Michael Bloomberg Set To Return As Bloomberg CEO

Michael Bloomberg is to return to run the business media company he set up, just eight months after ending his term as New York mayor. The current CEO, Daniel Doctoroff, will leave at the end of the year to make way for Bloomberg's return. The New York Times reports that Bloomberg has increased his hours at Bloomberg from 'the odd couple' to several hours per day and is now keen to resume full control -- he owns 88 per cent of the business.

Read the whole story at The New York Times »

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