Indonesia's Bumi Wants Cash to Cut Debt

PT Bumi Resources, Indonesia’s biggest exporter of thermal coal, is seeking to raise cash by selling a unit and issuing shares after the start of a corporate governance probe prompted concern it may struggle to repay debt.

Taylor Morrison CEO on Housing, Trump Tax Plan, Lumber
44:47 - Sheryl Palmer, Taylor Morrison Home Corp.'s chief executive officer, discusses the company's growth prospects and the state of the housing market with Bloomberg's Vonnie Quinn on "Bloomberg Markets." (Source: Bloomberg)
  • Why Amazon Depends on Web Services
  • Cloudera CEO 'Feeling Great' About Trading Debut
  • GM CFO Stevens Says GM Very Focused on Inventory