Industrials

In a bid to create momentum for a massive overhaul of the crumbling passenger rail corridor between New Jersey and New York City, U.S. Sen. Charles Schumer on Tuesday proposed the creation of a new nonprofit development corporation to plan and finance the project.

Southwest Airlines Co. said Tuesday that passenger traffic rose in July over the same month last year, but the carrier predicted that a key revenue figure will drop 1 percent in the third quarter, an indication of lower average prices.

Passengers are flying more and empty seats are even harder to find on American Airlines and US Airways.

United Airlines said Monday that passengers flew more miles and left fewer seats empty last month than in July 2014.

The heart of Warren Buffett's Berkshire Hathaway lies in insurance and finance, but a string of massive industrial deals have shifted the balance of the conglomerate's holdings toward industrial and manufacturing firms.

Two people died and eight people were missing Monday after an eight-story residential building collapsed in Kenya's capital, officials said.

An unusual home taking shape inside General Motors' Detroit-Hamtramck Assembly plant is intended to be part of a movement to rebuild Detroit's economy and deteriorating housing stock.

The United States imposed fresh sanctions on North Korea on Friday in its first public act of retribution for a crippling cyberattack against Sony.

Four more maritime officials were put under formal investigation Friday as a charred ferry was towed into the Italian port of Brindisi and authorities prepared to search it for possible more dead.

A worker at Japan's wrecked nuclear power plant has died after his head got stuck in a hatch on the back of a septic tank truck while inspecting the vehicle, the latest accident at a site still struggling with the cleanup of the 2011 Fukushima disaster.

A company operating a nickel and copper mine in Michigan's Upper Peninsula wants to lease an additional 40 acres of state land to explore additional mining opportunities.

Some shipbuilding maintenance employees in Maine are splitting a $3 million lottery jackpot.

Officials in New Mexico are blasting the U.S. Environmental Protection Agency for not informing them soon enough about a plume of mustard-colored muck floating downstream from a Colorado mine.

Ohio will make more money available next year for cities planning to fix their drinking water and wastewater treatment plants, continuing a program rolled out nearly a year ago after toxins from Lake Erie contaminated Toledo's water supply.

Shares of chipmaker Nvidia jumped in aftermarket trading Thursday as its second-quarter results were stronger than Wall Street expected.

Los Angeles has agreed to give up LA/Ontario International Airport, returning the struggling complex to local control after three decades and ending a long legal battle, it was announced Thursday.

CF Industries will acquire the distribution networks of Netherland's OCI N.V.

Officials say a major bridge between Philadelphia and New Jersey and some major highways in the area will be closed during Pope Francis' visit next month.

A federal agency says molten aluminum hitting water is the apparent cause of explosions that injured more than 30 employees at a southeast Missouri aluminum plant.

Passengers on Frontier Airlines face a dizzying lineup of fees on everything from carry-on bags to sodas.