Brazil's antitrust enforcer on Tuesday challenged sugar and ethanol giant Cosan SA Industria e Comercio's 6.96 billion reais ($2.67 billion) bid to merge its logistics unit with railroad company ALL - America Latina Logistica SA, saying the deal could limit access to key infrastructure.
The Boeing Co. is in line to nab a $1.46 billion order for 15 EA-18G electronic attack jets, with the U.S. House and Senate providing the Department of Defense funds for the jets in the nearly $1.1 trillion omnibus spending bill announced on Tuesday and slated for a vote in the House later this week.
The U.S. Supreme Court heard oral arguments Tuesday in a long-running fight between CSX Corp. and Alabama, wondering whether the court will be giving railroads an unfair advantage if it rules against a state diesel fuel tax that applies to rail companies but exempts motor and water carriers.
Wolff & Samson PC and one of its founders, David Samson, sued the New Jersey State Ethics Commission in federal court Monday, saying it lacks the authority to investigate whether Samson violated the state’s conflict of interest law as chairman of the Port Authority of New York and New Jersey.
Canada's Bombardier Inc. announced on Monday that it is not among contenders for the National Railroad Passenger Corp. (Amtrak) contract to replace its Acela Express trains, but confirmed that it is still in the running to build America’s first true high-speed rail.
The government of Finland says it is looking for a new partner to state-owned defense company Patria Oyj after Airbus Group NV announced that it would be shedding its minority stake in the company Tuesday.
A Cox Enterprises Inc. subsidiary and Bath & Body Works LLC separately urged the Ninth Circuit on Monday to rule that companies can use the maximum amount of violations calculable under employment class action pleadings to reach the Class Action Fairness Act’s $5 million minimum for removal to federal court.
The Detroit International Bridge Company has petitioned the U.S. Supreme Court to review a Sixth Circuit decision upholding the site selection of a competing public bridge connecting Michigan to Canada, saying the environmental review and foreign policy processes were flawed.
Several U.S. Supreme Court justices on Monday questioned whether the U.S. Department of Transportation inappropriately ceded its regulatory authority to Amtrak when the two created a set of binding railroad industry standards, noting that the joint discussions may have put Amtrak on equal footing with the agency.
The U.S. Supreme Court on Tuesday will consider whether an Alabama diesel fuel tax that applies to rail companies but exempts motor and water carriers is discriminatory — even though motor and water carriers pay a different yet similar tax — in a case attorneys say could determine how courts define discrimination in tax statutes.
A slew of insurers urged a New York federal court Friday to toss Amtrak's bid for consequential damages in a suit seeking coverage for more than $1 billion in Superstorm Sandy losses the rail giant purportedly suffered, saying Amtrak hasn't alleged sufficient facts to support the request.
Uber Technologies Inc. on Thursday pushed a California federal court to toss a putative class action alleging drivers were cheated out of a 20 percent gratuity, arguing that the drivers are not actually Uber employees and therefore don't have standing to sue.
Former Metro Fuel Oil Corp. chief financial officer Thomas Torre, accused of drawing $30 million from a bank line of credit before parking the company in bankruptcy, is likely to plead guilty to some or all of the allegations, lawyers told a New York federal judge on Friday.
The Federal Emergency Management Agency is awarding over $336 million to New York's Metropolitan Transportation Authority to fix two New York City tunnels damaged by Superstorm Sandy, the state's U.S. senators said Thursday.
Honda Motor Co. said Friday that by expanding its recall relating to defective Takata Corp. air bags from a regional to a national campaign, the number of vehicles impacted has now more than doubled to 6 million.
The whistleblower whose allegations that Trinity Industries Inc. defrauded the U.S. government by selling it defective guardrails led to a recent $175 million verdict asked a Texas federal judge on Thursday to reject Trinity’s argument that he didn’t prove a valid claim under the False Claims Act.
The U.S. Patent and Trademark Office’s patent board on Wednesday opted to institute inter partes review of a shipment-tracking patent held by licensing company IpVenture Inc., finding that FedEx Corp. has a decent chance of showing that IpVenture's claims are either obvious or anticipated.
A New York federal judge on Thursday dismissed the Center for Biological Diversity’s suit against the U.S. Coast Guard and the U.S. Environmental Protection Agency for allegedly failing to update the oil-spill-response plans for New York and New Jersey, saying the defendants agreed to rectify the transgressions.
A New York federal judge on Thursday signed off on the Chapter 11 reorganization plan of Chilean bus operator Inversiones Alsacia SA, which features a deal with bondholders to restructure a $464 million debt issuance.
Chrysler Group LLC and Ford Motor Co. said Wednesday they would expand recalls of Takata Corp.-made passenger side air bags of certain older-model cars and trucks over a larger swath of certain southern states and territories with consistently high humidity and temperatures.