Legal Fees Reach New Pinnacle: $1,500 an Hour

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Partners at some of the top U.S. law firms are approaching—and sometimes surpassing—the watershed billing rate of $1,500 an hour, making the $1,000-an-hour legal fees that once seemed so steep look quaint by comparison.

Disney Earnings: Why ESPN Has to Get Back in the Game

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In Disney’s quarterly results, the cord-cutting phenomenon and its impact on ESPN will likely overshadow success from ‘Star Wars: The Force Awakens.’

Chesapeake Energy: The End Isn't So Near

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Chesapeake Energy is in survival mode, but investors have reacted with undue alarm to steps it has taken to stay afloat.

Deutsche Bank Shares Drop Again as European Banks Get Pummeled

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Deutsche Bank’s shares dropped sharply Monday, losing almost 10% of their value as the battered European banking sector came in for fresh punishment.

Telecom Firms Put Surplus Properties Up for Sale

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Ma Bell’s old switching centers and phone companies’ data center warehouses are on the auction block as telephone companies downsize for more modern wireless services.

U. of Phoenix Operator Apollo Education to Be Taken Private

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Apollo Education, which operates the for-profit University of Phoenix, agreed to be taken private by a group of investors in a $1.1 billion deal.

What to Do With Abandoned Suburban Offices?

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U.S. companies are pulling their headquarters out of suburban campuses and moving to downtown high-rises, giving cities an economic jolt. But figuring out what to do with the offices left behind is a quandary for civic leaders and landlords.

Big Companies Pull Back After Rough Quarter

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After a tough end to 2015, big companies are starting the new year with a tight rein on capital spending, and in some cases layoffs, seeking to cope with sluggish industrial demand and uncertainties about the American consumer.

'Star Wars' Is the Force Behind Strong Hasbro Sales

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Hasbro reported strong revenue during the holiday period, helped by a surge in demand for lightsabers, action figures and other toys tied to “Star Wars: The Force Awakens.”

Yelp Posts Results Early; CFO to Step Down

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Yelp said its chief financial officer was leaving as it reported another quarterly loss, driven by higher spending.

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