Cathay Pacific to Launch Hong Kong-Boston Flights

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Cathay Pacific said it plans to launch nonstop flights to the eastern U.S. city of Boston from May 2015 as the Hong Kong-based airline looks to expand its long-haul offerings.

With Rates Low, Firms Near Borrowing Record

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U.S. corporate-bond issuance is hurtling toward a record for the third consecutive year, as companies take advantage of a surprising interest-rate decline to stock up on cash.

Central Bankers Wrestle With Easy Money

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Central bankers gathering for the Jackson Hole conference confront a global economy that has once again disappointed, leaving them reluctant in some places and unable in others to turn off spigots of easy money.

RBC Weighs Opening Bank to More Risk

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Royal Bank of Canada is facing a conundrum about one of its fastest-growing businesses: when to apply the brakes. Earnings from the bank's capital-markets business are bumping up against a self-imposed limit that is key to the risk control on which Canada's banks built their reputation.

Al Gore Had Doubts Over Sale to Al Jazeera

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Al Gore had "serious reservations" about selling Current TV to Al Jazeera but overcame them because he believed the U.S. was likely to influence the broadcaster and foster understanding, court papers say.

Russia Raises Heat on McDonald's

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Russia expanded inspections of McDonald's restaurants across the country, a day after several Moscow restaurants were temporarily closed.

Citigroup Faces Curbs on Hedge-Fund Sales

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Citigroup faces restrictions that will prevent it from selling investments in hedge funds and private-equity funds to wealthy clients, following a recent deal with U.S. regulators.

MMX Temporarily Halting Serra Azul Production

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Eike Batista's mining company, MMX Mineração e Metálicos, is temporarily halting production activities at its main unit in Minas Gerais state.

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