Airports Commission Backs Third Heathrow Runway

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London Heathrow airport has won the backing of a government-appointed panel for a third runway to address a looming runway capacity shortage that has threatened to stifle Europe’s biggest market for trans-Atlantic flights.

The Office Pet Is a Pig. No, Really

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As many offices adopt dog-friendly policies, owners of less common pets, such as snakes and parakeets, have begun crowing for their share.

Office Market Is on a Slow Roll

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Employers took on 8.2 million square feet of additional office space in the second quarter, one of the stronger periods since the recession but a relatively tepid expansion by historical standards.

Celgene Shoots for Moon With Juno

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Celgene’s new partnership with Juno is expensive, but the risk is well-considered.

Towers Watson Pays Willis's Insurance Premium

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Towers Watson has little justification in paying a premium to buy underperforming insurance broker Willis.

MasterCard Stops Processing Purchases of Backpage.com Ads

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MasterCard said it has stopped processing the purchase of ads on classified website backpage.com after receiving a request to do so from the sheriff in Cook County, Ill.

Banks Shrink Weapons Stockpiles

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Big-bank holdings of derivatives have fallen sharply in the years since the financial crisis.

Puerto Rico Utility, Creditors Close to Deal to Avoid Default

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The Puerto Rico Electric Power Authority and its creditors were close to a deal that would allow the cash-strapped utility to pay more than $400 million to bondholders, staving off what investors feared might be the first default of many from the U.S. commonwealth.

Don't Look for Paychex to Bounce

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Ahead of the Tape: Quarterly results from the payroll-services firm will likely reflect the lackluster and inconsistent spring seen by many small businesses.

Two Uber Executives Indicted in France

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French prosecutors have ordered two top Uber executives to stand trial on charges they enabled nonprofessional drivers to operate illegal taxi services.

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