Apple follows up ‘resilient’ earnings, swift iPhone sales with debt deal that could reach $6.5 billion

Apple Inc., fresh off upbeat quarterly results tied to robust iPhone sales, rolled out a four-part bond deal on Monday to raise new debt. The new deal from Apple AAPL, -0.47% could raise up to an estimated $4 billion to $6.5 billion for the technology giant through the issuance of four series of bonds with … Read more

EY plan to split audit and consulting arms slowed down by leadership shifts, debt

Ernst & Young’s effort to split its audit and consulting businesses has been slowed by a change in its US leadership, as well as complications over its multibillion-dollar debts, according to people familiar with the matter. A “go or no-go” decision by the Big Four accounting firm’s senior executives, originally scheduled for June, is now … Read more