XML US Business News

Christie's Hong Kong Evening Sale Draws $82 Million

published about 5 hours ago
Buyers snapped up works by Japanese and Southeast Asian artists at Christie’s evening sale in Hong Kong on Saturday totaling 635 million Hong Kong dollars (US$82 million).

European Critics Envision Google's 'Unbundling'

published 1 day ago
European Critics Envision Google's 'Unbundling'
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.

Record Bids in U.S. Airwave Auction

published 1 day ago
Record Bids in U.S. Airwave Auction
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.

Why Barnes & Noble Is Selling Beer Kits

published 1 day ago
Why Barnes & Noble Is Selling Beer Kits
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.

Elite Law Firms Lift Year-End Bonuses

published 1 day ago
Elite Law Firms Lift Year-End Bonuses
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.