Batista Gives Up OGX Control in $5.8B Debt Deal

Dec. 26 (Bloomberg) -- The Brazilian oil company controlled by one-time billionaire Eike Batista reached an agreement with creditors to convert debt of about $5.8 billion into a 90 percent stake in the company, two months after defaulting in Latin America’s biggest-ever corporate debt debacle. Alix Steel reports on Bloomberg Television's "Market Makers." (Source: Bloomberg)
Where in the U.S. Are Jobs Showing the Most Growth?
49:38 - Princeton University Professor Alan Krueger and Sarat Sethi, managing director at Douglas C. Lane, discuss the industries and regions seeing the most hiring in the U.S. and the impact of wages on consumer consumption. They speak on “Bloomberg Surveillance.” (Source: Bloomberg)
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