Saudi Arabia launched the sale of $17.5 billion of debt on Wednesday, according to two people familiar with the deal, in what would be the largest emerging-market bond issue. It is the kingdom’s first international bond sale, a bid to support a sweeping effort to keep its economy afloat as oil income dwindles. Read more.
Unionized campaign organizers working for Sen. Bernie Sanders’s presidential effort are battling with its management, arguing that the compensation and treatment they are receiving does not meet the standards Sanders espouses in his rhetoric, according to internal communications. Read more.