Dangers Aside, Railways Reshape Crude Market

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Initially conceived of as a stopgap measure until pipelines could be constructed, shipping crude by rail has become a permanent part of the nation's energy infrastructure as new pipelines hit headwinds and railroads reap expanding revenue.

Hong Kong Tycoons in China; Students Walk Out

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As students began a walkout to demand more democracy in Hong Kong, a group of the city's tycoons was set to discuss its political future with leaders in Beijing.

Air France Pilot Union Rejects Offer

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Air France's main pilot union rejected proposals from the management to end a strike that has disrupted air traffic for over a week.

Siemens Sells Joint Venture Stake

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German engineering group Robert Bosch will purchase Siemens AG's 50% stake in its household appliances joint venture for €3 billion ($3.85 billion).

Germany's Merck to Buy Sigma-Aldrich for $17 Billion

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German pharmaceutical company Merck said it would acquire U.S. firm Sigma-Aldrich for $17 billion, to strengthen its position in the life-science industry.

Ultrasonic's Ex-CEO Plans to Return Funds

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The German shoe maker said its former chief executive, who was dismissed last week amid allegations that millions of dollars had gone missing, has said he would return funds to the company.

Airbus Begins New Flight Trials

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Airbus Group plans to begin flight trials of its most successful new plane this week, with the first flight of the A320neo, for "new engine options," due to take place on Sept. 25.

Iridium Venture Offers to Track Planes

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In the wake of Malaysia Airlines Flight 370's disappearance more than six months ago, a satellite venture led by Iridium Communications is starting an initiative to provide free emergency flight-tracking of aircraft.

Des Moines Register Adds a Bit of Virtual Reality to News Report

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The Des Moines Register on Monday will publish its first virtual-reality news report, incorporating the technology of Oculus VR, computerized game platforms and 360-degree cameras.

Bingham and Morgan Lewis Talk Merger

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Boston law firm Bingham McCutchen is in substantive merger talks with a larger firm, Morgan, Lewis & Bockius.

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