CBRE Group., the world’s largest commercial real-estate services company, is negotiating to buy the division of Johnson Controls Inc. that manages 1.8 billion square feet of corporate real estate globally.
Canada’s national energy regulator said Thursday exports of crude oil by rail dropped in the latest quarter, a sign that lower oil prices have made shipments by rail less attractive to some Canadian crude producers.
U.S. regulators are proposing limits on the planting of some genetically engineered corn to combat a voracious pest that has evolved to resist the bug-killing crops, a potential blow to makers of biotech seed.
New Jersey’s proposed $225 million settlement with Exxon for years of environmental damage—after state officials previously argued for $8.9 billion—came under scrutiny as legislators and environmentalists called for separate probes and rejection of the deal.
The three largest U.S. airlines released details of a report they say demonstrate $40 billion in government subsidies and unfair advantages their three state-owned Persian Gulf rivals have allegedly received since 2004.
Harris Corp. first proposed offering $22 a share in cash for Exelis Inc. before twice raising its proposal to the $23.75 accepted last month by its smaller defense-industry rival, according to a regulatory filing.