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Asian Coal Prices Climb to Highest Since February on Summer Heat

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Asia’s coal price benchmark rose to a five-month high after hot summer weather boosted demand for air conditioning and reduced brimming inventories.



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Funding & Business

Apple’s Big iPhone 17 and Smartwatch Event

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Apple is unveiling the new iPhone 17 lineup, smartwatches and AirPods ahead of the holiday season. Bloomberg’s Mark Gurman joins Caroline Hyde and Ed Ludlow to discuss what to expect on “Bloomberg Technology.” (Source: Bloomberg)



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Citi Sees Investment-Banking Fees, Markets Up Mid-Single Digits

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Citigroup Inc. said its third-quarter investment-banking fees and trading revenues are both trending up by percentage points in the mid-single digits, amid volatile markets and a resurgence of deal activity.



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Funding & Business

Sports Park Promoters Get Prison for $280 Million Bond Fraud

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A father and son were each sentenced to years in prison for misleading firms like Vanguard Group Inc. and AllianceBernstein Holding LP about the prospects of an Arizona sports complex backed by $280 million in municipal bonds.



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