Bloomberg Despite strong incentives in the Republican tax plan for American executives to expand, invest and ultimately boost the US economy’s growth potential, a lot of the debt companies are issuing appears to be motivated by something else. Non-financial corporate debt stands at 45.6 percent of gross domestic product, near the highest in post-war record keeping. Despite that, non-residential investment ...

Bloomberg PG&E Corp may be poised for further volatility on Monday after disclosing a second power-line failure on the morning that California’s deadliest fire began. A circuit in Concow, Butte County, failed at about 6:45 am on November 8, the utility said in a filing to the state’s Public Utilities Commission. The California Department of Forestry and Fire Protection, known ...

Bloomberg The former chief executive officer of Intel Corp who was ousted over an inappropriate relationship with an employee has accepted a marginal pay cut to join CDK Global Inc, a much smaller company that provides software to the auto industry. Brian Krzanich was named CEO and a member of the board. He’ll succeed Brian MacDonald, who had been leading ...