Bloomberg Seeks to Capitalize on Iowa Chaos With New Ad Blitz

(Bloomberg) -- Michael Bloomberg is doubling his already unprecedented television advertising budget and expanding his field staff in an effort to capitalize on the chaos in the Iowa caucus.Bloomberg, who is skipping the first four contests in February, is immediately increasing spending on ads in markets where they’re currently airing and starting ads in new ones after the Iowa Democratic Party delayed the results from Monday’s caucuses, the campaign said. It said it also expects to