Lufthansa, Insurers Vow Quick Settlement

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Relatives of victims of Germanwings Flight 9525 can expect a complete, fair and swift settlement of insured costs, the insurers of the flight and Germanwings parent Lufthansa pledged.

GoDaddy's Shares Surge in NYSE Debut

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Shares of GoDaddy, a technology provider to small businesses, opened at $26.15 in their market debut, 31% above their initial public offering price.

Petrobras Gets $3.5 Billion in Financing From China Development Bank

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Brazil’s state-run Petroleo Brasileiro SA said it signed a $3.5 billion financing deal with the China Development Bank, highlighting the oil giant’s deteriorating financial condition in the wake of a vast corruption scandal as well as China’s growing ties to Latin America.

New Bids Surface for Revel Casino Hotel

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At least two new offers to buy the Revel Casino Hotel have surfaced, challenging Florida developer Glenn Straub’s bid to buy the shuttered Atlantic City, N.J., resort for $82 million.

Sequential Brands to Buy Majority Stake in Jessica Simpson Brand

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Sequential Brands Group is buying a majority stake in Jessica Simpson’s brand in a a deal could be announced as soon as Thursday.

Micron Net Rises, Helped by Lower Taxes

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Micron’s earnings rose 28% as the memory-chip maker received a boost from tax benefits and modest sales growth during the quarter ended in March.

After Airline Tragedy, New Focus on Mental Health at Work

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The Germanwings crash highlights a dilemma facing employers and mental-health professionals: how to balance the need for safety with a worker’s right to privacy and a career without stigma.

Death Toll Rises From Fire at Petróleos Mexicanos Offshore Platform

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The death toll from an explosion and fire at an offshore platform operated by Petróleos Mexicanos rose, as rescue crews battled the blaze and accounted for hundreds of workers.

China's Huayi Bros. to Co-Finance Movies From New Studio

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China’s Huayi Bros. Media Corp. will spend several hundred million dollars to co-finance movies from a new studio over the next three years, the latest sign of an accelerating pace to China-Hollywood deals.

Leonard Green in Talks to Take Stake in Bass Pro Shops

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Private-equity firm Leonard Green & Partners is in advanced talks to take a minority stake in outdoor-recreation gear retailer Bass Pro Shops, according to people familiar with the matter.

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