Apple's $90 Billion Buyback and Borrowing

Bloomberg Intelligence Senior Credit Analyst Robert Schiffman discusses Apple's $90 billion buyback plan and poses the question if Apple has so much cash why borrow even more? Chris Whalen, Institutional Risk Analyst at Whalen Global Advisors and Bloomberg Intelligence Senior Analyst for US Regional Banks Herman Chan discuss the Fed warning that banks’ concerns about slower growth could lead them to make fewer loans, accelerating an economic downturn. Liliana Esposito, Chief Corporate Affairs and Sustainability Officer at Wendy's, talks about the fast-food chain's ESG strategy. Bloomberg Businessweek Editor Joel Weber and Businessweek Assistant Managing Editor Jim Ellis provide the details of the Businessweek Magazine story Airbus Bets on a Stretched A220 Jet to Beat Boeing’s 737. And We Drive to the Close with Alex Coffey, Senior Trading Strategist at TD Ameritrade.

Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.