CSX Corp. estimated its domestic coal shipments will decline at least 5% this year, though it still expects to achieve its growth targets amid continued growth in its merchandise and intermodal markets.
The latest challenge to the Affordable Care Act focuses on federal subsidies that help lower-income consumers purchase plans, and the High Court’s decision could unravel the marketplaces created by the law.
The infrastructure arm of Indian conglomerate Reliance Group said Wednesday it had agreed to acquire 18% of shipbuilder Pipavav Defence & Offshore Engineering Co. for 8.19 billion rupees, or $132 million.
Tiffany & Co. said Wednesday that a Dutch court has ruled in its favor and set aside an arbitration award the jeweler was ordered to pay in 2013 related to its failed partnership with Swiss watchmaker Swatch Group AG.
Some banks are witnessing a growing incidence of fraud on the Apple Pay mobile-payment service as criminals exploit vulnerabilities in the verification process banks follow when users add a credit card to the service.
Creditors are voting on a bailout plan for the troubled Trump Taj Mahal, but the crucial ballots will be cast by federal judges in Philadelphia, who will decide the fate of the casino’s union contracts.