News

BNSF Railway Co. was sued by a trade group for 400 U.S. refining and petrochemical makers objecting to a $1,000 surcharge the rail transporter of crude oil tacked onto older-model tank cars.

The price was $1.3 billion, a record for a Chicago office building.

Carriers reported price increases in the low single digits for most linessmaller than in the third quarter.

AIG bought a controlling interest in NSM Insurance Group as it seeks to expand niche offerings.

Boston received 2.9 inches of new snow Sunday, finally breaking the 19-year-old seasonal record.

Vanuatus government declared a nationwide state of emergency after Cyclone Pam tore through the South Pacific archipelago.