What's News: Business & Finance -- WSJ
May 30 2017 - 3:02AM
Dow Jones News
Goldman is on the defensive in Venezuela after it bought $2.8
billion in bonds that the opposition decried as a lifeline to the
Maduro government.
Credit scores for U.S. consumers set a record high this spring,
while the share of Americans with risky scores fell to a new
low.
Out-of-pocket drug costs for Medicare Part D beneficiaries have
surged, despite rebates and legislation.
Nearly half of Americans who refinanced mortgages last quarter
chose the cash-out option, the highest level since the financial
crisis.
Elliott lost a legal battle to oust Akzo's chairman, raising
pressure on PPG to make a hostile bid for the Dutch paint and
chemicals firm.
British Airways said a computer outage disrupted flights for a
third day at airports in 70 countries.
BMW is slowing or halting production of some models due to a
delivery problem with parts from Bosch.
Draghi said the ECB isn't ready to end its monetary stimulus
despite an improving eurozone economy.
RBS investors accepted a $256 million settlement stemming from a
cash call during the financial crisis.
Banks have been unscathed by a spike in retailers' bankruptcies
due to the use of asset-backed loans.
Stock trading was muted in Europe and Asia despite political
concerns. U.S. markets were closed.
(END) Dow Jones Newswires
May 30, 2017 02:47 ET (06:47 GMT)
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