Telefonica Sells Private Jets, Becomes Less Mobile

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.

What Will Happen to GSEs Under the Trump Administration?
50:52 - Josh Rosner, Graham Fisher managing director, discusses the outlook for Fannie Mae and Freddie Mac under the Trump administration. He speaks with Bloomberg's Vonnie Quinn on "Bloomberg Markets." (Source: Bloomberg)
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