We are in "one of the most dramatic periods of change in the history of transportation," says Transportation Secretary Anthony Foxx.
United Airlines announced Monday that it had poached a key executive, Scott Kirby, from rival American Airlines. Kirby will hold the same title of president in the new post.
Drugmaker Mylan said Monday that it will offer a generic version of the life-saving allergy treatment EpiPen for half the list price of the brand-name treatment after it became the center of a national controversy over skyrocketing drug prices.
BRUSSELS—The European Union's antitrust regulator is poised to rule as soon as Tuesday that Apple Inc. AAPL -0.11 % 's tax arrangements with Ireland have breached the bloc's state-aid rules, according to people familiar with the matter.
NEW YORK - Banks led the stock market higher Monday as investors anticipate that the Federal Reserve could raise interest rates this year from their historically low levels.