Skip to main content

Cookies on BBB.org

We use cookies to give users the best content and online experience. By clicking “Accept All Cookies”, you agree to allow us to use all cookies. Visit our Privacy Policy to learn more.

Cookie Preferences

Many websites use cookies or similar tools to store information on your browser or device. We use cookies on BBB websites to remember your preferences, improve website performance and enhance user experience, and to recommend content we believe will be most relevant to you. Most cookies collect anonymous information such as how users arrive at and use the website. Some cookies are necessary to allow the website to function properly, but you may choose to not allow other types of cookies below.

Necessary Cookies

What are necessary cookies?
These cookies are necessary for the site to function and cannot be switched off in our systems. They are usually only set in response to actions made by you that amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not work. These cookies do not store any personally identifiable information.

Necessary cookies must always be enabled.

Functional Cookies

What are functional cookies?
These cookies enable the site to provide enhanced functionality and personalization. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies, some or all of these services may not function properly.

Performance Cookies

What are performance cookies?
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.

Marketing Cookies

What are marketing cookies?
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant content on other sites. They do not store personal information directly, but are based on uniquely identifying your browser or device. If you do not allow these cookies, you will experience less targeted advertising.

Find a Location

Bloomberg L.P. has 1 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

    Country
    Please enter a valid location.

    Business ProfileforBloomberg L.P.

    Information Bureaus

    At-a-glance

    Customer Reviews

    2.25/5stars

    Average of 4 Customer Reviews

    Customer Complaints

    87 complaints closed in last 3 years

    15 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Business Details

    Location of This Business
    731 Lexington Avenue, New York, NY 10022
    BBB File Opened:
    4/1/1997
    Years in Business:
    42
    Business Started:
    10/1/1981
    Alternate Business Name
    • Business Week
    Business Management
    • Mr. Michael R. Bloomberg, Co-Founder, Chief Executive Officer and President
    • Ms. Elizabeth Mazzeo, Chief Operating Officer
    • Mr. Thomas F. Secunda, Vice Chairman, Founding Partner, Global Head of Financial Products & Services and Director
    Contact Information

    Principal

    • Mr. Michael R. Bloomberg, Co-Founder, Chief Executive Officer and President
    • Mr. Thomas F. Secunda, Vice Chairman, Founding Partner, Global Head of Financial Products & Services and Director
    Additional Contact Information

    Fax Numbers

    • (212) 980-4585
      Other Fax

    Phone Numbers

    Customer Complaints

    87 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Most Recent Customer Complaint

    03/19/2024

    Complaint Type:
    Billing Issues
    Status:
    Resolved
    On February 12, 2024 I tried to access an article on Bloomberg.com that was behind a paywall. I signed up for a subscription service for 1.99 for the first 3 months and ***** after that. I never intended to keep the subscription but figured I could cancel pretty easily. I did not receive a confirmation email and when I logged in to my account, the accounts page did not show an active subscription. My card was charged $1.99, and I figured I'd check back later to cancel the account. On March 12, I was charged $1.99 again. I logged in to my account and still didn't see an active subscription, so I contacted their customer service (support case *********. I gave them: my credit card details, details about the two transactions, my customer ID, alternate emails the account could be under, and the fact that I subscribed through bloomberg.com, not a mobile app.They told me that the subscription was purchased through the Apple App Store and I needed to cancel through them. But I have no subscriptions through the app store. I sent them proof of my current App Store subscriptions and they still insisted they couldn't cancel it because it was purchased through Apple. I told them that I used Apple Pay to pay for the subscription, but it was like a regular credit card transaction in a mobile browser. I just happened to use Apple Pay instead of a credit card. The transaction details I sent clearly show that I was charged by Bloomberg, not Apple. They replied on March 18 and said they are unable to locate an account with the information I gave them. The only option I had was to cancel my credit card, which was very inconvenient.They should not be able to charge an credit card without linking it to an active account. I would like them to look into this matter to find out what happened so that they can make sure it doesn't happen to other customers. It's disappointing to see a reputable organization like Bloomberg struggle with basic subscription management.
    Read More

    Customer Reviews

    4 Customer Reviews

    What do you think? Share your review.

    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Marc H

    1 star

    04/19/2023

    My complaint is about Bloomberg.com . Bloomberg Government is the worst market subscription ever! Bloomberg oversells the platform's capacity to provide custom market information required by users and its account reps are either incapable or the software flawed. Bloomberg account reps never corrected the platform information filter problems.What kind of business signs you up for a year at $290.00 and doesn't allow you to cancel for a partial refund if the service does not work for you? We called them, apparently Bloomberg also automatically renews you if you do not contact them. LBloomberg advises that your subscription will automatically renew. Unlike most subscription services, they do not notify you prior to renewal, that your card is about to be charged. I didnt realize my subscription was being renewed (at over a 100% increase) until I received a late notice. Their attitude is its in our terms of service. How can a business news organization, that reports on the ethical lapses of other businesses behave so unethically. I was never given an email or something in the mail about renew. They tell me they sent. The moment I saw an email with the bill, I canceled. I canceled in an email, and they still will not acknowledge it.I have been fighting with Bloomberg for months and all they do is **** me for their non-performance and incompetence. I have yet to receive a single bonafide business lead from my Bloomberg subscription and have spent thousands of dollars. Bloomberg Government uses intimidation to collect money without service consideration for payment and blames the subscriber for failure to of its platform to properly perform. I really tried to work with Bloomberg but time after time and "training" after "training" Bloomberg Government failed to produce results. I believe the platform filter and search parameters are set permanently on useless and only appear to be functional. Please stay away from Bloomberg government!

    Local BBB

    BBB Serving Metropolitan New York

    BBB Reports On

    BBB reports on known marketplace practices.

    BBB Business Profiles may not be reproduced for sales or promotional purposes.

    BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles.

    When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.

    BBB Business Profiles generally cover a three-year reporting period. BBB Business Profiles are subject to change at any time. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.

    As a matter of policy, BBB does not endorse any product, service or business.