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.
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.
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.
Iliad and other European telecom groups are rushing to invest in data-handling capabilities and faster fourth-generation wireless networks, as consumers use their phones more as devices for messaging apps and video.
Barnes & Noble is diversifying into gifts like popcorn makers and turntables for the holidays, part of a new merchandising strategy as it tries to reverse declines in store traffic and prepares to split up.