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Tesla plans $837mn auto lease bond

Bloomberg Tesla Inc plans to offer $837 million of bonds backed by auto leases in its second trip to the market for asset-backed securities this year. The electric-car maker is betting investors will look past broader market volatility to load up on the securities, which may sell as soon as this week, according to people familiar with the matter. The ...

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Verizon to give buyouts to over 10k employees

Bloomberg Verizon Communications Inc said 10,400 employees, or about 6.8 percent of its total staff, were accepted for voluntary buyouts as the company looks to trim $10 billion from costs and retool for 5G wireless technology. The exit packages were available to as many as 44,000 Verizon employees, according to the statement. The buyout is the company’s second-largest, after a ...

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US firms see 2019 growth despite trade woes

Bloomberg US companies forecast a bright outlook for 2019, with gains across profit, employment and production, even as an escalation of the trade wars loom. Almost two-thirds of manufacturers and about 57 percent of service providers expect their revenue in 2019 to surpass 2018’s, though the gain may be smaller than this year’s increase, according to a semiannual survey by ...

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