Alcoa Senior Debt Rating Cut to Junk by Moody’s
May 29 (Bloomberg) -- Moody’s Investors Service downgraded the senior unsecured debt ratings of Alcoa. Fusion IQ CEO and Director of Research Barry Ritholtz speaks with Trish Regan on Bloomberg Television's "Street Smart." (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
50:02 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)