Telefonica to Sell Private Jets Fleet to Cut Costs

Telefonica SA, the Spanish phone company whose net debt is bigger than its market value, plans to reduce its fleet of private jets as part of an effort to cut costs, two people familiar with the matter said.
Underdog Lingerie Company Aims at Victoria's Secret
54:08 - In this edition of Bloomberg's Small to Big, Adore Me Founder and Chief Executive Officer Morgan Hermand-Waiche explains how his online lingerie company, which aims to challenge Victoria's Secret's dominance in the market, has grown revenues from $1 million to over $16 million in just three years. (Source: Bloomberg)
  • Understanding the Oil Market's New Supply Dynamic
  • Profit Rise for Barclays as Revamp Continues
  • European Earnings 'Looking Pretty Good': Macklow-Smith