The Bloomberg Barclays U.S. Aggregate corporate-bond average option-adjusted spread finished Wednesday at 94 basis points, one basis point tighter than Tuesday's close. (It was another basis point tighter yesterday.) The whole worry that bond ETFs were going to cause a liquidity crisis seems
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TOKYO — Samsung Electronics is casting about for new customers for its organic light-emitting diode panels, now that its top client Apple has slashed production of the iPhone X due to weak demand.
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Waymo, a unit of Alphabet Inc., got a permit in late January from the Arizona Department of Transportation to operate as a Transportation Network Company, according to Ryan Harding, a spokesman at the state agency. The designation lets Waymo's fleet of driverless Chrysler Pacifica minivans pickup
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âThis reinforces that growth is extremely challenged for this company,â said Ken Shea, an analyst at Bloomberg Intelligence. âIt's not surprising given the categories they're in and how difficult the retail environment is.â Earnings amounted to 90 cents a share in the fourth quarter, excluding some items.
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Bloomberg's Tina Davis reports on aluminum tariffs said to be proposed by the U.S. Commerce Department. The U.S. Commerce Department revealed its recommendations that the U.S. impose tariffs or quotas on imports of aluminum and steel, in the strongest indication yet the administration intends to
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