Elite Law Firms Lift Bonuses

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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.

Oil Boom Returns to Gulf of Mexico

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Four years after the Deepwater Horizon disaster, giant new oil projects are returning to the Gulf of Mexico—bigger and more expensive than ever.

Christie's Hong Kong Sale Hits $82 Million

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Buyers snapped up works by Japanese and Southeast Asian artists at Christie’s evening sale in Hong Kong totaling $82 million.

Record Bids in U.S. Airwave Auction

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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.

Pressing a Google Breakup

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Some European legislators, with German government backing, are preparing a draft resolution calling for the breakup of Google, adding pressure on the EU’s new competition chief to proceed forcefully.

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