LUXEMBOURG—The world’s No. 1 logistics company, United Parcel Service Inc, on Wednesday lost its court fight for a record 1.74-billion euro ($2 billion) compensation claim from EU antitrust regulators for blocking its 2013 bid for Dutch rival TNT. A win for UPS could encourage other companies to take similar action though EU merger vetoes are…

PITTSBURGH—A meteor that caused an earthshaking boom over suburban Pittsburgh on New Year’s Day exploded in the atmosphere with an energy blast equivalent to an estimated 30 tons (27,216 kilograms) of TNT, officials said. NASA’s Meteor Watch social media site said late Sunday a “reasonable assumption” of the speed of the meteor at about 45,000…

PITTSBURGH—A meteorite that caused an earthshaking boom over suburban Pittsburgh on New Year’s Day exploded in the atmosphere with an energy blast equivalent to an estimated 30 tons (27,216 kilograms) of TNT, officials said. NASA’s Meteor Watch social media site said late Sunday a “reasonable assumption” of the speed of the meteorite at about 45,000…