BHP Outlines Plan to Cut Costs, Reshuffles Management

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BHP Billiton Ltd. outlined plans to cut costs further and curb investment spending as the world’s biggest miner by market value looks to simplify and strengthen its business amid falling commodity prices.

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.

American Pilots, Management Agree to Continue Talks

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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.

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.

Latest 'Hunger Games' Film Opens to $123 Million

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The latest installment of “The Hunger Games” film series was a hit by nearly any measure—except its own.

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.

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.

Is This Indonesia's Amazon.com?

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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.

BMW and Lexus Heat Up the Compact-Crossover Market

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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.

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