A measure of U.S. corporate credit risk approached a two-month low as comments by Russian President Vladimir Putin signaled the crisis in Ukraine won’t immediately escalate. Viacom Inc. is planning a $1.4 billion bond sale.
Peter Seto wakes up at 5:30 a.m., drinks a cup of coffee and makes the 18-minute cross-town commute to San Francisco’s waterfront. There, he hops in the driver’s seat of a 45-foot luxury coach outfitted with tinted windows, plush seats, TVs and wireless Internet to chauffeur a bus full of programmers around the Bay Area.
Robert Moffat, an ex-International Business Machines Corp. senior vice president ordered to spend six months in prison for his role in an insider-trading scheme, will start serving his sentence early to get it out of the way.
Viacom Inc. ’s MTV is considering producing new Internet versions of “120 Minutes” and other classic TV shows from the network’s past after testing the idea with “Unplugged,” a program on the air since 1990.