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Business

NYC approves skyscraper in exchange for transit hub work

City officials cleared the way on Wednesday for construction of a new, 65-story Manhattan skyscraper after the developer made an unusual tradeoff: a promise to make sweeping upgrades to nearby Grand Central Terminal that would allow more rush-hour trains on the subway's busiest lines.

Business

Jawbone files lawsuit against rival Fitbit

In a clash of rival makers of fitness trackers, Jawbone is suing Fitbit and a group of employees who quit Jawbone to work for Fitbit, saying they stole trade secrets, business plans, market research, and other information.

Business

Alaska governor tours Shell oil rig in Seattle

The governor of Alaska on Wednesday toured a massive oil drill rig parked on Seattle's waterfront then met with Washington state Gov. Jay Inslee to tell him that Washington's position on future Arctic drilling will hurt the economy of Alaska.

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