Siemens to Shutter Solar Unit Following $1B Loss

June 18 (Bloomberg) -- Bloomberg News' Alex Webb reports that Siemens AG is getting out of the solar power industry, announcing plans to close its solar power unit after struggling to find a buyer following losses of at least $1 billion since 2011. He speaks on Bloomberg Television's "The Pulse."

Bundesbank’s Dombret: Small Banks at Risk From Low Rates
56:29 - The current low interest-rate environment poses risks primarily for insurance companies and smaller banks as income falls, Germany’s Bundesbank says in its annual Financial Stability Review. Though some German banks have strengthened their resilience, Bundesbank board member Andreas Dombret told Bloomberg’s Hans Nichols in Frankfurt.
  • How Much Will a Thanksgiving Dinner Cost This Year?
  • Bundesbank VP Warns Low Rates Could Bring Investors Risks
  • U.S. Economic Data: What Does It Mean to Investors?