The Kawasaki Heavy Industries Ltd. railcars credited with saving lives during a derailment in Connecticut May 17 had crush-resistant frames developed after a 1987 accident in which cars caved in, trapping people who otherwise might have lived.
CommonWealth REIT, the U.S. office landlord whose second-largest investors are seeking to oust the board, said one of its trustees has been reappointed after failing to receive enough shareholder votes for election.
International Business Machines Corp. is being probed by the U.S. Justice Department over corruption allegations in Poland, Argentina, Bangladesh and Ukraine, adding to bribery charges from the Securities and Exchange Commission.
Occidental Petroleum Corp. Chairman Ray Irani may be eligible for a lump-sum severance payment of about $38 million and annual payments of $2.2 million if he is forced out by investors in a vote today.
As one of eight brothers who played college football, Derriel McCorvey says he has the game in his blood. Now the Louisiana lawyer is trying to make the National Football League bleed over claims that it concealed data about the dangers of concussions.