Russia tested appetite for ruble bonds for the second time in eight weeks yesterday, only to scrap the auction after seeing how much it would pay to borrow as the crisis over neighboring Ukraine escalates.
The Golden State Warriors’ new San Francisco arena will host concerts, ice dancing and dog shows to complement basketball games when the 18,000-seat venue opens for the 2018-19 season, team President Rick Welts said today.
The Golden State Warriors basketball team agreed to buy undeveloped land in San Francisco from Salesforce.com Inc. and will build an 18,000-seat arena at the site, said a person with knowledge of the transaction.
California’s borrowing costs have fallen to the lowest level in three months, with Governor Jerry Brown calling a special legislative session to alter plans for a budget reserve just as the most indebted U.S. state offers $750 million of bonds.
California’s credit rating, ranked second-lowest in the U.S. by Standard & Poor’s, is poised to benefit if Governor Jerry Brown is able to persuade a special legislative session to alter plans for a budget reserve.