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.
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.
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.
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.
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.
“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.
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.