Signs of change in news mission at Bloomberg

New York Times :: Last Monday, Bloomberg began to lay off roughly 40 people, about 2 percent of its news staff. Coverage of culture and sports would be scaled back, and the investigative unit had losses as well. The signal accompanying the announcement was clear: “We must have the courage to say no to certain areas of coverage..."

Read Amy Chozick, Nathaniel Popper, Edward Wong, David Carr, www.nytimes.com