The New York-bound Amtrak train that derailed in Philadelphia, killing seven and injuring more than 200, was traveling at about 100 miles per hour, twice the speed limit, according to an official briefed on the data.
As U.S. regulators study how to govern commercial drones, corporate America is plunging ahead on using unmanned aircraft in a bid to speed the process and win concessions on proposed restrictions.
Greg Abel, the chairman and CEO of Berkshire Hathaways energy unit, saw his pay more than double last year to $27.6 million, driven by a cash payout under an incentive plan established six years ago.
Swiss Re, swimming in excess capital from lower-than-expected disaster claims, reverted to share buybacks to return cash to investors after three years of paying special dividends.
U.S. stocks fell, after the Standard & Poors 500 Index rose to a record Tuesday, as factory production rose less than forecast before the release of minutes from the last Federal Reserve meeting.