A federal judge in Washington state on Thursday refused to toss a suit accusing BNSF Railway Co. of polluting the state’s waterways by allowing coal to escape from railcars, saying plaintiffs led by the Sierra Club deserve a chance to flesh out their claims.
A pilots union sued a US Airways Group Inc. unit Thursday in Pennsylvania federal court, looking to vacate an arbitration award that denied relief to pilots seeking a 3 percent pay raise starting in May 2010 that was allegedly required under the parties’ restructuring agreement.
A Delaware bankruptcy judge on Thursday agreed to delay a hearing on the proposed sale of electric car maker Fisker Automotive Holdings Inc. so parties could evaluate an eleventh hour, $25.7 million offer from Chinese auto giant Wanxiang Group Corp.
Oregon-based Evergreen International Aviation Inc. and several affiliates filed for Chapter 7 protection Tuesday in Delaware, listing more than $100 million in debt, two weeks after creditors tried to force a unit of the company into bankruptcy in New York.
Italian automaker Fiat SpA said late on Wednesday that it will round out its stake in rival Chrysler Group LLC in a $4.35 billion deal that will give it ownership of the sizable chunk of the iconic Michigan company held by the United Automobile Workers retiree health care fund.
The Fourth Circuit reinstated a $24 million civil penalty Thursday against a Belgian shipping company accused of submitting thousands of false invoices under its U.S. Department of Defense contracts, reversing a decision that had nixed the statutory penalty on the grounds the government hadn't proven damages.
The U.S. International Trade Commission nixed Federal-Mogul Corp.'s bid for a summary determination that it had met the domestic industry requirement of its patent infringement claim against competitor Trico Corp., finding Wednesday that Federal-Mogul hadn’t proven the technical prong of the requirement.
Hard Rock is hoping to finally bring its brand to Atlantic City with the purchase of an existing casino, while a Vivendi unit could lose out on a $381 million acquisition after French officials reconsidered its impact on competition.
Brazil’s state of Sao Paulo will use a $480 million loan from the Inter-American Development Bank to upgrade its highways to better carry passenger and freight traffic and improve highway safety, the bank said Thursday.
Sweden’s SKF AB, a global leader in rolling bearings and industrial mechatronics, will take a 3 billion krona ($455 million) quarterly charge to cover an expected European Commission fine over alleged cartel behavior in the automotive bearings market, the company said Friday.
The cargo unit of Singapore Airlines Ltd. announced on Friday that it will pay $92.4 million to settle allegations that it colluded with other airlines to manipulate prices of freight shipping to and from the U.S., becoming the latest company to exit the sprawling multidistrict litigation underway in New York federal court.
A Texas appeals court ruled in favor of Martinair Holland NV on Wednesday, affirming a trial court's dismissal of a breach of contract suit brought by a technology services firm and the court's refusal to let the plaintiff’s parent company intervene in the case.
A federal proposal allowing drilling companies to ship hydraulic fracturing wastewater to disposal facilities by barge has created a critical new battlefield in the ongoing fracking wars — pitting environmental groups determined to impede fracking against operators who need to expand their transport options.
Hawaii raised $167.7 million in a municipal bond sale to help fund its energy efficiency overhaul at the islands’ airports, a step that highlights the state’s efforts to bring overall clean energy usage up to 70 percent by 2030, according to a Wednesday statement.
Daimler AG will partner with Aston Martin Lagonda Ltd. to develop new bespoke V8 engines for the British luxury automaker's new line of cars in exchange for 5 percent of nonvoting shares in Aston Martin, Daimler said Thursday.
The state of California agreed Wednesday to give automaker Tesla Motors a $35 million tax break for expansion of its electric vehicle production line, allowing the company to buy equipment without paying sales and use tax.
The European Union on Thursday requested formal consultations at the World Trade Organization with Brazil over its series of import fees and tax schemes aimed at products such as automobiles and computers that the 28-nation bloc claims are discriminatory.
Long-haul airline AirAsia X said Wednesday it has ordered 25 new A330-300 planes from Airbus SA, the largest single purchase AirAsia has made for the planes, in a deal valued at up to $6 billion based on current market prices for A330-300s.
Al Jazeera wants a piece of a Turkish pay-TV provider to ramp up its soccer offerings, while Warburg Pincus is gunning for a multibillion-dollar fundraising target for its first global energy pool.
The European Investment Bank will provide four loans to Egypt totaling €392 million ($539 million) to help fund a variety of infrastructure projects that are expected to improve health, safety, access to electricity and the economy, it said Wednesday.