US Business

Airlines and travelers braced for the fallout from U.S. transportation officials’ plans to cut air traffic at 40 airports by as much as 10% starting Friday.

The comments come after OpenAI’s chief financial officer discussed the role of government in potentially backstopping industry growth, at the WSJ Tech Live conference.

Elon Musk gets a mixed response to his idea of having the electric vehicle maker invest in his artificial-intelligence startup.

The death toll in Louisville is now at 13, with several people still unaccounted for, authorities say

Segment profit of group that publishes The Wall Street Journal, MarketWatch and Barron’s rose 10%

Pretax profit dropped 13% in part due to heavier administrative expenses including hiring. Underlying income was up 13%.

The lender nudged up its guidance for the year, expecting its top line to continue to be supported by higher income from the interest it makes on loans.

The Franco-Dutch carrier group said unit costs rose, partly driven by labor, air-traffic and airport charges, but the increases were moderating.

The U.S. transportation secretary says the move is an effort to relieve unpaid air-traffic controllers.

One of the engines fell off during takeoff of the MD-11, an old workhorse for FedEx and UPS that is in the process of being phased out.