Breaking News: Michael Bloomberg is dropping out of the 2020 race, wrapping up a costly bid that failed to win over moderates as they converged around Joe Biden.

View in browser | nytimes.com   BREAKING NEWS Michael Bloomberg is dropping out of the 2020 race, wrapping up a costly bid that failed to win over moderates as they converged around Joe Biden. Wednesday, March 4, 2020 10:23 AM EST Michael Bloomberg endorsed Joe Biden, saying that he had the best shot to beat President Trump. After staking his candidacy on doing well on Super Tuesday, Mr. Bloomberg did not collect on his grand bet, winning only American Samoa. Read the latest   ADVERTISEMENT You received this email because you signed up for NYTimes.com's Breaking News Alerts. To stop receiving these emails, unsubscribe or manage your email preferences. Subscribe to the Times Get the NYT app Change Your Email Privacy Policy Contact Advertise The New York Times Company, 620 Eighth Avenue, New York, NY 10018