— Investors are piling into some of the riskiest bonds sold by U.S. companies as they bet on President Donald Trump delivering on his promises of a stronger economy, lower taxes and less regulation.
Bullish investor sentiment, however, comes as warnings mount over the outlook for the 2.2-trillion-dollar U.S. junk bond market, led by a looming one-trillion-dollar “maturity wall” facing lower rated companies over the next five years, a record level according to rating agency Moody’s.
— Some of the world’s biggest brands are unwittingly funding Islamic extremists, white supremacists and pornographers by advertising on their websites.
Advertisements for hundreds of large companies, universities and charities, including Mercedes-Benz, Waitrose and Marie Curie, appear on hate sites and YouTube videos created by supporters of terrorist groups such as Islamic State and Combat 18, a violent pro-Nazi faction.
Big advertising agencies, which typically place commercials on behalf of clients, have been accused of pushing brands into online advertising to boost their own profits. Enditem