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Deutsche Bank is allowed back into the high-risk club

Deutsche Bank AG is back — at least if its ability to sell the riskiest type of debt is a yardstick. After a six-year hiatus marked by a flirtation with collapse, billions of euros of losses, multiple management changes and its biggest restructuring in decades, Deutsche is going into the deep end of fixed-income risk: a benchmark perpetual bond (known ...

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Nordstrom resale shop should help used clothes market

Nordstrom Inc.’s seven-story New York flagship at Broadway and 57th Street is home to a velvet-lined Nike boutique, a facial massage studio in the heart of the shoe floor and lots of expensive new merchandise. That’s how it’s always been at Nordstrom. But last month brought something new with the opening of See You Tomorrow, a luxury apparel resale boutique ...

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Samsung bets on camera upgrade in Galaxy S20

Bloomberg Samsung Electronics Co is starting a new decade with a new chief in charge of its mobile business, but it’s doing it in the same old fashion: by leaning into its semiconductor advantage to overwhelm consumers with unmatched specs on its latest Galaxy devices. Announced at simultaneous events in San Francisco and London, Samsung’s Galaxy S20 family of Android ...

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