Bloomberg Business

MTA Unveils a Plan to Fix NYC’s Aging Transit System

Overhauling Grand Central Terminal’s 110-year-old train shed, replacing more than 5,000 subway and commuter rail cars, and electrifying the nation’s largest public bus fleet: These are just a few projects the Metropolitan Transportation Authority wants to tackle as it faces the threat of extreme weather.

S&P 500 Faces a Make-or-Break Moment

Stocks are recovering mildly Wednesday, but if they fall much further technicals suggest bulls could be in for some serious pain in the weeks ahead before indexes ultimately stabilize.

Azeri President to Skip Armenia Peace Talks, Local Media Say

Azerbaijani President Ilham Aliyev has canceled plans to attend peace talks with Armenian Prime Minister Nikol Pashinyan after Baku’s military took control of the contested Nagorno-Karabakh region, local media reported Wednesday.

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