Bloomberg Oil resumed its decline as US production increased for an 11th week in the longest run of gains since 2012. Futures lost as much as 1.1 percent in New York after climbing 0.3 percent. Crude output rose to 9.29 million barrels a day, the highest level since August 2015, according to the Energy Information Administration. US inventories fell ...

  Bloomberg Sunrun Inc., the largest independent US rooftop company, fell the most in more than 11 months after the Wall Street Journal reported that the Securities and Exchange Commission is investigating whether the company adequately disclosed how many customers canceled contracts. The San Francisco-based rooftop installer dropped 8.8 percent to $4.75 at the close in New York, the most ...

  Bloomberg China’s deleveraging campaign is providing a reality check to the fledgling municipal bond market. Set up in 2015 to bring transparency to local-government borrowing practices, the new market benefited from the perception that Beijing had the provinces’ backs, with yields largely on par with the sovereign despite some weak municipal balance sheets. Not anymore — a clampdown on ...