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Business Watch: Wanting to be in the room where it happens
March 8, 2017 / 9:22 PM / 8 months ago

Business Watch: Wanting to be in the room where it happens

Oil giants jumping the gun?

Walt Disney Company Chairman and Chief Executive Officer Robert Iger announces Disney's new standards for food advertising on their programming targeting kids and families at the Newseum in Washington June 5, 2012. REUTERS/Gary Cameron/File Photo

Cash-strapped oil producers are spending billions to boost production before it’s clear that recent crude price gains brought on by OPEC cuts can be sustained.

A remake for Pimco’s bonds fund

Different name, different people at the helm of Pimco’s exchange-traded fund in a bid to build more exposure to high-yield junk bonds and gain more flexibility on how much interest rate managers will take on. The ticker will remain BOND.

Wanting to be in the room where it happens

Referencing the Broadway hit Hamilton, Bob Iger said he joined President Trump’s business advisory council to have an opportunity to be in the room where it happens so he can voice opinions that will benefit the company and shareholders.

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