Bloomberg Elon Musk and his cousins Lyndon Rive and Peter Rive are buying $100 million of solar bonds from their rooftop solar company, SolarCity Corp. Musk is personally buying $65 million of bonds, San Mateo, California-based SolarCity said in a filing. Lyndon Rive, SolarCity’s chief executive officer, and Peter Rive, its chief technology officer, are each buying $17.5 million. ...

  Bloomberg Cathay Pacific Airways Ltd., Asia’s biggest international carrier, applied to raise $2 billion in debt over the next 12 months. The medium term note program, arranged by HSBC Holdings Plc, is expected to take effect on Wednesday, Cathay Pacific said in a statement to the Hong Kong Stock Exchange late Tuesday. Such debt programs are offered to institutional ...

  Bloomberg Wal-Mart Stores Inc. is reviewing Welspun India Ltd.’s cotton certification records after Target Corp. raised concerns that the supplier is passing off cheaper bed sheets as premium Egyptian cotton. Wal-Mart, the world’s largest retailer, plans to hold further discussions with Welspun and “handle it appropriately” if any issues are discovered, according to spokeswoman Marilee McInnis. The chain is ...