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I would bet that the Terminals are responsible for something like 140% of their profits, and that the media empire is a huge loss leader / vanity project.
by raldi 9y ago
I would bet that the Terminals are responsible for something like 140% of their profits, and that the media empire is a huge loss leader / vanity project.
- gaius 9y agoThe whole point of Reuters news is to inform traders about things that will lead to more trades being done over the Reuters platform, so it's entirely likely Bloomberg operates the same model.