Eike Batista, facing bankruptcy protection proceedings at an oil venture, agreed to sell his coal projects in Colombia to Turkey’s Yildirim Holding AS for about $450 million in the latest divestment of the former billionaire.
JetBlue Airways Corp. delayed delivery of some Embraer SA jets, the smallest in its fleet, and ordered 35 Airbus SAS aircraft valued at $4 billion as the carrier focuses on larger, more-efficient planes.
UBS AG said it put a financial adviser on administrative leave in Puerto Rico while the Swiss bank reviews loans issued to clients. One brokerage customer said he was given credit to buy risky bond funds holding the island’s government debt.
Schmid Group, a German engineering company with operations on four continents, plans to build South America’s biggest solar-panel factory for the Argentinian power utility Energia Provincial Sociedad del Estado.
Kala Sanders owes more than $10,000 in doctor bills and wanted to be Wisconsin’s first person to get insurance under the Affordable Care Act. A faulty computer system delayed her attempt to obtain coverage for a stomach ailment whose cause she doesn’t know.
Vivendi SA’s Universal Music Group Inc. must face claims that it tried to block a music production company from distributing its remixes of early Bob Marley songs, a federal appeals court in California ruled.