Apple borrows $8.5 billion, joins record corporate debt borrowing spree

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Apple borrows $8.5 billion, joins record corporate debt borrowing spree

Apple Inc. makes borrowing during a pandemic look as easy as pie. The iPhone maker on Monday borrowed $8.5 billion with a four-part bond deal, adding its name to the roster of U.S. investment-grade companies borrowing a record amount of debt in the …
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Hercules Tech: 1Q Earnings Snapshot

PALO ALTO, Calif. (AP) _ Hercules Technology Growth Capital Inc. (HTGC) on Monday reported a first-quarter loss of $28.7 million, after reporting a profit in the same period a year earlier. The Palo Alto, California-based company said it had a loss of 27 cents …
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BNP Shares Rise After 1Q Results

Shares in BNP Paribas SA trade higher after the French bank delivered a set of first-quarter results that some analysts see as a proof of its resilience. France’s largest listed bank by assets warned that the coronavirus pandemic may reduce profits this year by …
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Wendy's customers ask 'Where's the beef?' as restaurants remove menu items

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below. Fast-food chain Wendy’s is taking burgers off the menu in some locations as the U.S. deals with a meat shortage traced back to the …
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UK auto sales plummet to lowest level since 1946

The sobering statistics reflect a challenging environment for the U.K. automotive industry. The introduction of lockdown measures to tackle the Covid-19 pandemic mean car showrooms across the country are shuttered. Imported automobiles sit at the docks in …
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