Beijing's Firmer Hand Dulls Macau's Glitter

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After more than a decade of breakneck growth, Macau is under siege from China’s anticorruption campaign and a breakdown in its system of junkets.

Lufthansa, Insurers Vow Quick Settlement

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Relatives of victims of Germanwings Flight 9525 can expect a complete, fair and swift settlement of insured costs, the insurers of the flight and Germanwings parent Lufthansa pledged.

GoDaddy's Shares Surge in NYSE Debut

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Shares of GoDaddy, a technology provider to small businesses, opened at $26.15 in their market debut, 31% above their initial public offering price.

Petrobras Gets $3.5 Billion in Financing From China Development Bank

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Brazil’s state-run Petroleo Brasileiro SA said it signed a $3.5 billion financing deal with the China Development Bank, highlighting the oil giant’s deteriorating financial condition in the wake of a vast corruption scandal as well as China’s growing ties to Latin America.

After Airline Tragedy, New Focus on Mental Health at Work

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The Germanwings crash highlights a dilemma facing employers and mental-health professionals: how to balance the need for safety with a worker’s right to privacy and a career without stigma.

McDonald's to Lift Pay at Its Restaurants

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McDonald’s plans to raise pay by more than 10% for 90,000 workers and add benefits like paid vacation at U.S. restaurants it operates, an effort to rejuvenate the struggling fast-food giant that offers fresh evidence of rising wage pressure in the American labor market.

Former Korn/Ferry Executive Sues

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Korn/Ferry International, the world’s biggest executive-search firm, is embroiled in a bitter legal dispute over the dismissal of a top executive.

Religious Freedom Debate Draws Out Companies

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American corporations typically shun social controversies. But on one gripping the nation this week—state laws ostensibly aimed at supporting religious freedom but seen by many as antigay—several have stepped forward to make their opposition clear.

China's Huayi Bros. to Co-Finance Movies From New Studio

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China’s Huayi Bros. Media Corp. will spend several hundred million dollars to co-finance movies from a new studio over the next three years, the latest sign of an accelerating pace to China-Hollywood deals.

Leonard Green in Talks to Take Stake in Bass Pro Shops

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Private-equity firm Leonard Green & Partners is in advanced talks to take a minority stake in outdoor-recreation gear retailer Bass Pro Shops, according to people familiar with the matter.

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