About This Source - Bloomberg QuickTake: Now
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.
It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Recent from Bloomberg QuickTake: Now:
Bloomberg Quicktake: Now published this video item, entitled “How Does Ranked-Choice Voting Work? What to Know for NYC Mayor Election” – below is their description.
The vast majority of federal and state elections in the U.S. are guided by plurality rule: Each voter selects one candidate, and the person with the most votes wins.
Critics say this system, while simple to grasp, means voters can’t fully express their views on a multicandidate field.
An alternative way to vote has drawn interest in U.S. municipalities, and Maine last year became the first U.S. state to use it in a presidential general election. This year, for its mayoral election, New York City gives ranked-choice voting a try.Bloomberg Quicktake: Now YouTube Channel
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In This Story: New York City
New York City (NYC) is located in the U.S. state of New York. The city is the center of the New York metropolitan area, the largest metropolitan area in the world with approximately 23 million people in its combined statistical area.
New York City has been described as the cultural, financial, and media capital of the world, hosting the headquarters of the United Nations, as well as the New York Stock Exchange.