The cameras and microphones that used to surround Lindsey Vonn now belong to 18-year-old Mikaela Shiffrin, who stands to make as much as $3 million in long-term endorsements as the most marketable female star of the Olympics.
Municipal debt tied to real-estate development is set to be the best-performing part of the $3.7 trillion state and local-bond market this year as an improving housing market boosts the securities’ earnings.
Barclays Plc, the U.K.’s second- largest lender by assets, appointed John Miller to the newly created role of head of banking for the Americas and named Paul Parker to oversee mergers and acquisitions globally.
Former Deutsche Bank AG executive Brian Mulligan is trying to limit what jurors hear about his admitted use of “bath salts,” a synthetic stimulant, as his claims that two Los Angeles policemen beat him go to trial.
Investors in $3.4 billion of municipal debt backed by American Airlines parent AMR Corp. are enjoying a windfall as the bankrupt company’s merger with US Airways Group Inc. creates the world’s largest carrier.
John Miller at Nuveen Asset Management LLC, who beat all of his municipal bond-fund rivals last quarter, is betting a U.S. housing rebound will help extend the longest rally since 2010 in high-yield local debt.