Stuff that matters
JPMorgan Chase , Bank of America , Goldman Sachs and Morgan Stanley have or are planning to issue a total of $40 billion in debt, according to media reports. JPMorgan’s $13 billion April 15 bond sale was briefly an industry Read more
The U.S. firm has entered into discussions with Japanese banks including the core units of Mizuho Financial Group Inc and Sumitomo Mitsui Financial Group Inc to secure funding, one of the people said. A preliminary $20 billion buyout offer from Read more
“We are good for another six, seven or eight months in terms of cash. We have sufficient cash coming in to be able to keep the day-to-day operation at a neutral basis,” Tim Clark told the online World Aviation Festival. Read more
Tesla Inc apologised to Chinese consumers for not addressing a customer’s complaints in a timely way, and said it would launch a review of its service operations in the world’s biggest auto market. The unusual public apology from Tesla followed Read more
Taiwanese electric scooter maker Gogoro has partnered with India’s Hero MotoCorp to offer its battery-sharing infrastructure in the world’s largest motorcycle market, top company officials said on Wednesday. Gogoro, which sells motorcycles in Taiwan and known for its battery distribution Read more
Several analysts said the streaming giant would need fresh and interesting new content along with a creative approach to pricing going forward as it faces a slew of improving competitors. The channel had big ratings successes last year with “The Read more
Nasdaq Inc reported a better-than-expected first-quarter profit on Wednesday, boosted by strength in its trading business against a backdrop of high market volatility and a surge in initial public offerings. The exchange operator posted adjusted net income of $1.96 per Read more