American Airlines Group Inc. and the union that represents its 15,000 pilots said they would continue to negotiate terms of a combined labor agreement, putting off for now a plan to reach a deal through binding arbitration.
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.
Online retailer Lazada Indonesia has faced challenges in a country where the e-commerce market is still small. But the startup’s backers are plowing ahead, hoping to get a head start over Amazon, Alibaba and eBay.
The growth in the compact-crossover sector is explosive. These cars offer the raised seating position and higher sightlines consumers love with the stability and versatility of a car-based wagon. Now, BMW and Lexus are entering the market in a big way.