Transportation

Uber Readies $2 Billion Credit Line

Uber Technologies Inc. is finalizing a $2 billion credit line, people familiar with the matter said, in a deal that underscores Wall Street's enthusiasm for the ride-sharing company's prospects.

Uber Plans to Invest $1B in China This Year

Ride-hailing service Uber Technologies Inc plans to invest more than $1 billion in China this year as the controversial ride-hailing app looks to rev up growth in the world's second largest economy, an executive at the firm said on Friday.

Plane Skids Off Runway at LaGuardia, Crashes Through Fence

A plane from Atlanta skidded off a runway at LaGuardia Airport while landing Thursday, crashing through a chain-link fence and sending passengers saddled with bags and bundled up in heavy coats and scarves sliding down an inflated chute to safety on the snowy pavement.