Transportation

Trains to NY's Grand Central Terminal Restored After Fire

Commuter train service in and out of New York City's Grand Central Terminal was restored on a limited basis on Wednesday, a day after a fire under a section of elevated track in Manhattan interrupted the evening rush hour, officials said.

NTSB to Detail the Probable Cause of Deadly Amtrak Derailment

The National Transportation Safety Board is scheduled to meet to detail the probable cause of last year's deadly Amtrak derailment in Philadelphia, a day after a U.S. official briefed on the investigation revealed that the engineer was distracted by radio transmissions

Apple Invests $1B in Chinese Ride-Hailing Service

Apple said on Thursday it has invested $1 billion in Chinese ride-hailing service Didi Chuxing, a move that Apple Chief Executive Tim Cook said would help the company better understand the critical Chinese market.

Boeing's 1Q Profit Hit by Tanker Charge

Dow component Boeing reported an adjusted 1Q profit of $1.74 per share, missing the estimate for $1.82. Revenue for the aerospace company came in at $22.6 billion, beating the estimate for $21.4 billion.

American Air 1Q Profit Beats Estimates

American Airlines reported a first-quarter profit on Friday that exceeded analysts' estimates as cheap fuel continued to prop up its bottom line.