Dan Hart News
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Weyerhaeuser Co., a U.S. real-estate investment trust that owns timberland, agreed to buy Longview Timber LLC for $2.65 billion including debt from affiliates of Brookfield Asset Management Inc. in the third-largest forestry acquisition in North America.
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“Man of Steel” had $44.1 million in box-office receipts yesterday for Time Warner Inc.’s Warner Bros., box-office tracker Hollywood.com-Box Office said.
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Metro-North Railroad said repairs of rail line torn up by a rush-hour derailment and collision in Connecticut will take days to complete, as the agency finished removing all the damaged cars from the tracks.
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A fire broke out in the wreckage of a collapsed Bangladeshi garment factory as rescuers were attempting to cut through a steel rod to reach a woman trapped in the rubble, the Associated Press reported.
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A committee of town leaders in Newtown, Connecticut, backed construction of a new Sandy Hook Elementary School at the site of the mass shooting in December that left 26 educators and children dead, the Hartford Courant reported.
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Johns Hopkins University seeks to raise $4.5 billion to endow professorships and generate funds for undergraduate financial aid and graduate fellowships, the biggest effort in the institution’s history, the school said.
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Frank Bisignano, co-chief operating officer of JPMorgan Chase & Co., is expected to leave as soon as this week, the New York Times reported, citing several people familiar with his decision.
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“Iron Man 3,” the superhero movie from Walt Disney Co.’s Marvel division, may earn as much as $170 million in its opening weekend, placing it among the best debuts ever, box-office tracker Hollywood.com Box-Office said.
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Alcoa Inc. agreed to invest $42 million to prepare for the upgrade of a smelter at its Massena, New York, aluminum plant, as part of a long-term power supply accord with the New York Power Authority.
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Neil Armstrong, who set mankind’s first steps on the moon during Apollo 11, the mission that finally made extraterrestrial travel seem real and gave the U.S. a lead in the Cold War space race, has died. He was 82.
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