Transportation

China has eased limits on foreign ownership in auto manufacturing, insurance and other industries, officially confirming promises made before its latest trade clash with Washington erupted.

The international airport on the Indonesian resort island of Bali reopened Friday afternoon after a nearly 12-hour closure due to a volcanic ash threat that disrupted travel plans for thousands.

The Mount Agung volcano on Bali shot ash 2,000 meters (6,600 feet) into the atmosphere Thursday, disrupting the travel plans of thousands as several airlines canceled flights from the Indonesian tourist island.

The Australian government says British defense company BAE Systems has won a 35 billion Australian dollar ($26 billion) contract to build Australia's fleet of new navy frigates.

As shoppers increasingly demand that everything from hot meals and groceries to dresses, bedding and electronics be dropped off at their doorsteps, retailers are betting big on delivery services that will get them there faster.

Be your own fleet operator with vans and drivers.

The latest round effectively doubles Lyft’s valuation from one year ago.

Engineers are studying a plane that can fly at Mach 5.

The firm said it has made significant changes since a regulator refused to renew the company's operating license last year over public safety concerns.

The 1962 Lockheed jet was one of three planes owned by the King of Rock 'n' Roll.

The ongoing trade dispute between the U.S. and China has FedEx worried.

The commute from Chicago's business district to O'Hare Airport will be cut to 12 minutes from 30 to 45 minutes.

The British jet engine maker has been struggling to fix problems with its Trent 1000 engine.