BUSINESS

An Amtrak employee who was traveling aboard the train that derailed on Tuesday in Philadelphia has sued the railroad service.

Brazilian investigators believe 6.19 billion reais ($2.1 billion) in bribes were moved in a corruption scheme involving state-run oil firm Petroleo Brasileiro SA (PETR4.SA), prosecutor Deltan Dallagnol said on Thursday.

Queens resident Brandon Bostian has said he doesn’t remember the details of the Amtrak train derailment.

Where high-speed rail exists, from China to Europe to Uzbekistan, automatic train accident controls are common.

Shares of game maker King Digital Entertainment plunged 11 percent Thursday, despite topping earnings estimates.

The bank announced in a regulatory filing that "any resolution acceptable to DOJ would require that the Firm plead guilty."

All 10 sectors in the S&P 500 rallied Thursday, led by gains in the technology sector.

A university adviser told the student that waiting for another adviser to see him amounted to “harassment.”

Despite the derailment in Philadelphia that killed eight people Tuesday night, the mood in New York City's Penn Station was relatively unconcerned.

NTSB investigators will pore over data from the Amtrak train's event recorder -- a process that could take weeks or even months.

Bus companies like Greyhound and Megabus are cross-honoring Amtrak tickets, while airlines like Delta have drawn criticism over shuttle prices.

In much of the world, support for passenger rail systems is a top political priority. But not in the United States, where cheap gas and car culture still reign.

As more major manufacturers relocate below the Mason-Dixon Line, they're confronting increased labor agitation.

Private equity investment firm PTG Capital Partners Ltd. announced a bid to buy the beauty company, in what is being treated as a hoax.

Despite calls from lawmakers and other officials, positive train control hasn't been fully implemented across the country.

"What will you say when the crew that's been on duty for longer than 12 hours accidentally falls asleep and passes a stop signal and rear-ends a loaded hazmat train, killing dozens or hundreds of people?" Bostian wrote.

Nigeria reported a drop in economic growth this quarter, and it's not just because of Boko Haram.

Canada's finance minister threw a wrench into U.S. trade negotiations, suggesting that the Volcker rule violates NAFTA.

U.S. stocks rallied Thursday, after three straight days of losses, as gains were led by the technology sector.

One of the world’s top crude producers is showing no signs of cutting back output despite low oil prices.

The department store’s same store sales, a key metric in the retail sector, came in well below Wall Street forecasts.

The freight train appeared to be mostly empty, according to preliminary reports.

Shopping mall giant (Dalian) Wanda, owned by China’s richest man, and mega residential developer Vanke have announced a "stunning" partnership.

A little-known alliance of labor unions and drug companies is lobbying Congress on on the proposed Trans-Pacific Partnership.

The Osaka-based company had earlier reported a larger-than-expected net loss of 222 billion yen ($1.9 billion) for the year ended March 2015.

The euro rose above $1.14, bringing its gains against the U.S. currency in the last month to nearly 9 percent.

Speaking a day after the BoE cut its forecasts for British economic growth, Carney said British inflation could turn negative imminently.

Honda, Toyota and Nissan said the recalls were precautionary and that no accidents or injuries had been reported.

The incident involved at least seven vehicles and prompted the closure of several lanes of a freeway south of Los Angeles on Wednesday night.