Skadden, Arps, Slate, Meagher & Flom LLP advised Spectra Energy Corp., the fourth-largest U.S. pipeline company, on the agreement to buy its first oil system from Kinder Morgan Energy Partners LP and two other owners for $1.25 billion in cash.
As the sun sets over Jerusalem’s Old City and a performer plays a mystical solo on a curved ram’s horn, Glenn Beck appears before an audience near the southern wall of the Temple Mount, a sacred site for both Jews and Muslims that they have battled over for centuries.
Ashland Inc., which soared to a record this month after activist Jana Partners LLC disclosed a stake in the company, stands to boost the lowest valuation in the specialty-chemicals industry by breaking itself up.
The U.S. Federal Aviation Administration could save $1.7 billion up front and about $1 billion more annually by closing 187 air-traffic radar rooms and building consolidated centers to control flights over large regions, a study found.
Barely 400 days into a tenure that began with his squeaking into office with 49 percent of the vote, New Jersey Governor Chris Christie is emboldening other Republican chief executives to challenge the compact between governments and their workers.