Morning Media Newsfeed: Bloomberg Back to Lead Company | Obama Vows Justice for Sotloff

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Michael Bloomberg to Return to Lead Company He Founded (NYT)
Michael R. Bloomberg has decided to reassume the leadership of his business empire only eight months after ending his final term as mayor of New York. Late Wednesday, Bloomberg told close confidants and senior executives of Bloomberg LP, a financial data and media company, that Daniel L. Doctoroff, its chief executive and a longtime friend and lieutenant, would leave the company at the end of the year and that he would take over. FishbowlNY It seems like only yesterday that Bloomberg was chiding us for drinking large sodas and eating too much salt. In fact, that was about nine months ago. During the time since he vacated the mayor’s office, Bloomberg has become bored. And so he’s returning to a little company called Bloomberg LP, as its CEO. WSJ In a statement, Bloomberg said he hadn’t intended to return to Bloomberg LP after his mayoral stint was completed. “However, the more time I spent reacquainting myself with the company, the more exciting and interesting I found it — in large part, due to Dan’s efforts. I have gotten very involved in the company again and that led to Dan coming to me recently to say he thought it would be best for him to turn the leadership of the company back to me.” NPR / The Two-Way Both Bloomberg and Doctoroff, a former deputy mayor under Bloomberg before being tasked with running the company, told the Times that there was no animosity between them regarding the shift. Forbes Bloomberg only had praise for his former deputy, who took revenues from $5.4 billion in 2007, just before he became president, to more than $9 billion this year.

Obama on Sotloff Execution: ‘Justice Will Be Served’ (TVNewser)
At a 5 a.m. ET news conference in Estonia, carried live on the cable news networks, President Obama vowed that “justice will be served” in the deaths of two journalists beheaded by ISIS militants. “Those who make the mistake of harming Americans will learn that we will not forget,” said Obama. Mediaite A Web video surfaced Tuesday appearing to show American journalist Steven Sotloff on his knees in a desert with a man whose face is covered standing over him. Before executing Sotloff, the unknown man threatens to continue murdering American hostages unless the U.S. government halts airstrikes against ISIS, an Islamic terrorist organization based in Syria and Iraq. Politico Obama described Sotloff, 31, who freelanced for Time and other publications, as a journalist who was “courageous” and “devoted.” On Wednesday, Paul Hirschson, the deputy spokesperson for the Israeli Ministry of Foreign Affairs, confirmed on his official Twitter account that Sotloff also held citizenship in Israel. Mashable “We will not be intimidated. Their horrific acts only unite us,” Obama said. “Our reach is long and justice will be served,” Obama said, and speaking about what the U.S. plans on doing next, Obama added that “our objective is to make sure that [the Islamic State] is not an ongoing threat to the region.” NYT “Our objective is clear, and that is: degrade and destroy ISIL so that it’s no longer a threat, not just to Iraq but also to the region and to the U.S.,” Obama said, using an alternative acronym for the Islamic State in Iraq and Syria. Secretary of state John Kerry said those responsible for the killings of Sotloff and James Foley, a journalist shown beheaded in an ISIS video released Aug. 19, would be held accountable by the U.S., “no matter how long it takes.”