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Comment by fatjokes | Hacker News Reader

I get the vibe that Bloomberg (the news) is very supportive of the trade war in the sense that all the related headlines I've seen seem to emphasize the positives to America and the negatives to China. Too lazy to dig up references right now. By comparison, the NYTimes seems more balanced. Am I wrong?

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I think you are projecting your bias.

Also my reading is that Bloomberg etc are actually against the trade war and their coverage has been anti trade war. A broken clock is right twice a day and sometimes the Donald can be right as well.

Right, which is why Bloomberg published a story about China inserting backdoor hardware on its chips. A story that was refuted by the CEOs of the companies supposedly hit by the attack and by the very sources cited in Bloomberg themselves. A story that hasn't produced a single physical compromised chip as evidence despite Bloomberg claiming that there were tens of thousands of units affected.

I once knew Sharon Qi, she was a businesswoman who started Chinese edition of Forbes (all "foreign" media in China, are foreign in name only.)

The point she was making that Chinese state very much welcomes moves that amount to "giving your own child as a hostage" when it comes to big name foreign entrepreneurs having big stakes in highly regulated businesses that the state can "hold at gunpoint"

The very fact that Bloomberg group companies are still kicking in China, means that Michael Bloomberg is still playing ball with Beijing.

In the contrary, being a business journal, BBL must remain accurate in reporting and analysis of business. Biased business reporting will directly impact reader trust, this revenues.

Because Bloomberg would never publish a sensational story with no corroborating evidence including fake pictures.

https://www.bloomberg.com/news/videos/2018-10-04/how-china-u...

Yes, business news is my favourite because to make money you have to be right about things. The guests on Bloomberg TV are just incredible compared to any other media sources, top financiers, economists and etc.. who are comfortable with math, science, history and economics.

I've heard this argument before, though with respect to the WSJ.

I don't really believe it. There is still a bias because "reader trust" depends on what the readers want to read, yes?

That is, most of the readers of Bloomberg, and of the WSJ, are - to use Marxian terms - aligned with the interests of capital owners, and not workers.

Labor is an important part of business, yes?

Yet a look at the Bloomberg home page shows no mention of union or worker rights issues. The word "worker" exists in the headline link "Jaguar's New Evoque Rides to Rescue of UK Workers" but the actual article is titled "Jaguar Land Rover's New Evoque SUV Rides to Rescue of U.K. Plant Amid Brexit Pinch", with no mention of workers.

Why would Bloomberg cover more about the labor aspect of business if its readers don't want to know more about it, or are actively against it?

I’ve seen many stories in Bloomberg about Marxism through the proxy of Venezuaela’s marxist policies.

So far, it doesn’t seem like marxist ideologies are good for the common workers in that country either.

Ummm, 'Marxian' as the term for the critique of capitalism is not the same as 'Marxism' the political philosophy. See https://en.wikipedia.org/wiki/Marxian_economics

Do you not find the terms "capital owners" and "workers"/"labor" to be relevant?

I don't consume print business news but watch video format. And they do seems to be politically biased.

Give an examples I see CNBC tilting towards current administration. If not blatant, in more subtle ways like omission and directing the discussions away from critique.

Some Fox Business programs are more or less seems extensions of Fox News.

Bloomberg spends more times critiquing the current administration. So who knows whats their agenda.

Also, when coming to trust, it is pretty difficult to pin it. And user memory seems to not last more than a day. It is not like users going to remember what business advice somebody provided a year ago.

All reporting is always biased. Every word you select is a direct product of bias, and the choice between multiple sentence phrasing changes emotional direction of the reader.

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