An appeals court granted TV channel owners a preliminary victory in their standoff with the FCC over disclosure of programming contracts, raising the prospect of delays to the agency’s review of pay-TV industry mergers.
Saying they are running short on coal, electric utilities are trying to pressure Warren Buffett’s BNSF Railway Co. to speed up deliveries on its congested tracks before the worst of the winter weather hits.
BHP Billiton Ltd. outlined plans to cut costs further and curb investment spending as the world’s biggest miner by market value looks to simplify and strengthen its business amid falling commodity prices.
Three big law firms, Simpson Thacher, Paul Weiss and Clearly Gottlieb, are raising year-end bonuses for associate attorneys by as much as $40,000, partly reflecting this year’s resurgence in lucrative M&A work.
A U.S. auction of wireless spectrum has collected $34 billion in bids, turning what was expected to be a relatively sleepy affair into a major windfall for taxpayers and posing enormous commitment of capital for the carriers.