LONDON—The world's second-largest diamond ever mined failed to sell at a London auction Wednesday, but the event still marked a coup for the tiny Canadian company that owns the once-obscure Botswana mine where it was found.
General Electric's GE +2.04% sprawling finance business was a huge moneymaker in the years before the 2008 financial crisis, but quickly became an albatross as frozen credit markets nearly brought the entire institution to its knees.
United Airlines and leaders of its flight attendants' union have agreed to a new labor contract that will unify the cabin crews for the first time since United's merger with Continental Airlines more than five years ago.
Sumner Redstone will almost certainly not be in a Massachusetts courtroom on Thursday when his attorneys and those representing Viacom a group of attorneys convenes for a hearing that may shape the future of his media empire.
Wal-Mart Stores Inc. WMT 1.33 % is stepping up its battle with Amazon.com Inc., AMZN 1.08 % expanding a free two-day shipping program and seeking to list even more items on its website.