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Samsung, LG reportedly rush back to LCD TVs after OLED investments fizzle

OLED television sets are supposed to be the wave of the future, but early OLED adopters LG and Samsung have found that the future can be very expensive. Bloomberg reports that LG and Samsung’s big bets on OLEDs haven’t panned out soShow More Summary

TV Jobs: CNBC, Bloomberg, The Weather Channel

This week, CNBC is hiring an associate producer for The Suze Orman Show, and Bloomberg needs a freelance field production coordinator. Meanwhile, The Weather Channel is seeking a senior director, and Fusion is on the hunt for a culture editor. Show More Summary

A Chart Comparing Caterpillar To Citi Perfectly Captures How The US Is Kicking China's Butt These Days

The chart below, via BofA Merrill Lynch strategist Michael Hartnett, provides an interesting visualization of one of the big themes playing out in global markets right now. Bloomberg TV anchor Scarlet Fu called this her "single best chart" this morning. Show More Summary

Treasury Sec: I Knew About IRS Scandal Last Week--And Also Last Fall

In an interview with Bloomberg TV, former Obama chief of staff-turned-Treasury Secretary Jack Lew offered two conflicting yet carefully worded answers as to when he first learned that the Internal Revenue Service’s (IRS) had targeted Tea Party and conservative groups: he learned last week--and possibly before the 2012 election. Show More Summary

Treasury Secretary On IRS Scandal: ‘I’ve Always Thought Of Auditors As Your Partners’

5 days agoNews : Mediaite

This quote is certain to quell the outcry over the Internal Revenue Service flagging conservative groups for added scrutiny when applying for tax-exempt status. Treasury Sec. Jack Lew told a Bloomberg TV anchor on Friday that auditors are actually their helpful "partners" who are there to help you fix problems. Problems like you or your group's inconvenient political values.

TV Jobs: Fox News, Hulu, Bloomberg

This week, Fox News is hiring a producer for On the Record With Greta Van Susteren, and Hulu needs an offline media manager. Meanwhile, Bloomberg is hiring a freelance video editor, as well as a media licensing manager for its Latin America/Caribbean business. Show More Summary

JOHN MCCAIN: We Have To Destroy The Current Cable System Because It's Way Too Expensive

John McCain was on Bloomberg TV talking about his crusade to break up the way cable and satellite TV currently operate. McCain wants pay-TV providers to offer consumers a-la carte channel options. Instead of being forced to pay $100 for 100+ channels, he thinks consumers should be able to pick a handful of channels and pay a much lower price. Show More Summary

J.C. Penney is Done Apologizing

Robert Caplin/Bloomberg via Getty Images Looks like J.C. Penney's big apology tour is already over. Less than two weeks after publicly apologizing to disgruntled customers in a TV commercial, the retailer has released another ad thanking those same customers for coming back. The ad, entitled "Thank You," sings the praises of J.C. Show More Summary

AAPL iPhone 5S Not Likely Till September, Says Jefferies; Sees BlackBerry ‘App’ Progress

Jefferies & Co.’s Peter Misek was on Bloomberg TV a short while ago talking with Emily Chang about Apple (AAPL) and BlackBerry (BBRY), both of which he formally covers for the firm. Misek, who has a Hold rating on Apple shares, was asked about the likelihood of an iPhone 5S by June, and said it [...]

Media Digest: Reuters, WSJ, NY Times, FT, Bloomberg

China's factory output misses expectations on the low side. (Reuters) Posting on Google+ has been low, hurting the chance for Google Inc. (NASDAQ: GOOG) to get ads for the service. (Reuters) A drop in network TV ratings hurts prices of the annual "upfront" buying process of ads. Show More Summary

Bloomberg News At Center Of Snooping Scandal

Bloomberg News, which includes financial news channel Bloomberg TV, is at the center of a shocking snooping scandal. Reporters for Bloomberg used the Bloomberg Terminals–which are ubiquitous on Wall Street–to see what high-profile traders were searching for and investigating, potentially revealing scoops about the firms. Show More Summary

Trish Regan Got Her Start in TV By Agreeing to ‘Work Every Single Holiday’

Bloomberg TV’s Trish Regan does a Q+A in the May issue of Resident magazine. The “Street Smart” anchor — who originally wanted to be an opera singer — talks about how she ended up in television: I got a lot of exposure to the financial community through internships during school summers. Show More Summary

Jim Grant On Gold's Recent Drop: "Confidence In Bernanke Is Utterly Misplaced"

"Inflation is a state of affairs in which there is too much money," Jim Grant notes in this Bloomberg TV interview, however, "It's not too much money chasing too few goods," he corrects the misnomer, "the thing this money chases is variable." Whether it is Iowa farmland, housing, stocks, or bonds, central banks are stuffing us with it. Show More Summary

TV Jobs: Bloomberg, Hulu, RT News Channel

This week, Bloomberg is hiring a content writer/editor, and Hulu needs an associate campaign manager. RT News Channel is seeking a news reporter, and Scripps is on the hunt for a director of product management in its food category. Get...Show More Summary

John Boehner Is Getting Slammed For His New Debt Ceiling Strategy

Democrats are seizing on an admission from House Speaker John Boehner that a Republican-led bill to prioritize debt payments would pay China before U.S. troops. During an interview with Bloomberg TV on Tuesday, Boehner was asked about the Full Faith and Credit act, which is expected to come to a House vote this week. Show More Summary

Limbaugh Goes After Gore For Getting ‘Richer Than Evil White Guy Romney’ By Selling Current TV To ‘Terrorists’

2 weeks agoNews : Mediaite

It appears that Rush Limbaugh is just catching up on the news that Al Gore has sold his struggling Current TV cable network to Al Jazeera. The news broke back in early January, but with Bloomberg News and a profile in New York Magazine...Show More Summary

Tuesday: JOLTS

The recent controversy surrounding historian Niall Ferguson reminds me of this post some time ago by Invictus: Open Mouth, Insert Foot: Going Viral? This post [is] about [Ferguson's] recent Bloomberg TV interview with Erik Schatzker and Sara Eisen. Show More Summary

Gore Banked $70 Million from Al Jazeera

Bloomberg reports that former Vice President Al Gore and Current TV co-founder reportedly made an estimated $70 million for his 20% stake when he sold the cable network to Al Jazeera.

Al Gore, Current TV and Rupert Murdoch’s $200 Million ‘Gift’

Former Vice President and Current TV co-founder Al Gore gets a pair of profiles today. First Bloomberg takes a shot at estimating his net worth, and comes up with a number around $200 million. The company estimates that he made around...Show More Summary

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