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Report Says Brakes From Hoboken Train Crash Show No Defects

The engineer was alone when the train crashed. One person on the platform was killed and more than 100 passengers and crew members were injured. 17, NJ Transit will open additional tracks at Hoboken Terminal starting at 4 a.m., which will "enable the full restoration of train service into the hub", the agency announced Friday afternoon.

Business

LIRR delays after weekend derailment

Emergency responders work near a train that sits derailed near the community of New Hyde Park on Long Island in NY, U.S, October 9, 2016. All reverse-peak morning rush hour trains on the Port Jefferson, Ronkonkoma and Oyster Bay lines that originate at Penn Station or Jamaica between 5 a.m.

Business

United States federal agencies ban Note 7 from airplanes

In New Zealand, Samsung Galaxy Note 7 buyers will be given $100 compensation - on top of a cash or credit refund - to compensate them for the "stress" and inconvenience of having to return the smartphones. Both the passenger and smart phone will be turned away. It recalled 2.5 million of the phones in early September, blaming a battery fault. The Galaxy Note 7 is now considered a forbidden hazardous material under the Federal Hazardous Material Regulations.

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Shailene Woodley breaks silence with poem after arrest

The courts have spoken and the rule of law governs our land. However, the federal government is still halting construction under water there and asking the company to hold off working in the zone. More than 20 other protestors were reportedly arrested with Woodley. Dallas-based Energy Transfer Partners says it will start working again, but isn't saying exactly when.

Business

Donald Trump's real estate tax losses in focus

It also eliminates the requirement that a parent have at least $3,000 of income to qualify. The loophole allows financial managers at private equity, hedge fund and other qualifying firms to pay the tax rate for capital gains on part of their income instead of the higher income tax rate.

Business

Bank of England governor Mark Carney warns against political interference

Let's us note that one way of reducing high levels of national debt is for inflation to erode the real value of it, this is a political move from a so called independent Bank who's dresses up inviting inflation into the United Kingdom with the clothes of "supporting economic growth and jobs".

Business

Theresa May 'risks losing MPs' if new Heathrow runway is greenlit: Goldsmith

In a series of Twitter messages, the Tory MP for Tatton in Cheshire said: "Time for a decision on airports and go for Heathrow". Whitehall figures insist no decision has been taken on which of the three plans will be picked: a third runway at Heathrow, extending one of its existing runways or expanding capacity at Gatwick.

Business

Dollar pressured by sterling's rebound from selloff

While the Pound has found stability since the news of a parliamentary debate on the Brexit strategy, many are still going to ask the question for how long can the currency remain stable. Comments from the BoE couldn't alter the negative outlook for GBP to EUR, USD exchange rates. . Early hours of Friday morning saw a surprise plummet in pound value to $1.171.

Business

Trump Says Assault Accuser Would Not Be His "First Choice"

Zervos as one of the many contestants on " The Apprentice " over the years", Trump said in a statement . But at a campaign rally on Friday, Trump angrily denounced the allegations several women have made about him in recent days, calling the women "sick" and saying the accusations were fabricated."I don't know who these people are".

Business

Key developments after death of Thailand's beloved king

He died Thursday aged 88. All eyes are now be on the succession, after the junta leader said on Thursday that the named heir - Crown Prince Maha Vajiralongkorn - had asked for time before being officially proclaimed the next monarch. Still, most people waiting remained outside and authorities soon announced entry would be allowed into the palace's Sala Sahathai Samakhom Hall as a place to pay respects for limited hours in the afternoon.

Business

Merkel: won't drop EU market-immigration link for Britain

German Chancellor Angela Merkel said the European Union's remaining 27 members must work together more closely after the United Kingdom voted to leave the bloc, a decision she called a "deep cut" for EU integration. The government is expected to formally start two years of negotiations on the terms of Britain's departure by the end of March. Another EU commissioner, economics affairs chief Pierre Moscovici, took issue with Tusk's apparent hard line.

Business

A look at hacked emails from Hillary Clinton's campaign chairman

Bernard Sanders as "self-righteous" whiners, calling Hispanic party leaders such as Bill Richardson "needy Latinos ", labeling CNN anchor Jake Tapper "a d-k" and even lambasting longtime Clinton ally Sidney Blumenthal. "This is getting closer and closer to the Trump campaign itself", Mook said , citing the admission from Trump supporter and former adviser Roger Stone that he had had "back channel" discussions with WikiLeaks.

Business

US stocks rise as banks rebound on strong earnings

The U.S. economy is doing "pretty well" and has a strong labor market, Philadelphia Fed President Patrick Harker said today. Spot gold rose 0.3 percent at $1,258.55 an ounce by 3:17 p.m. Oil prices recovered from an early loss. In other energy trading, wholesale gasoline added 1 cent to $1.49 a gallon. THAI RISE: After days of losses due to uncertainty over the king's declining health, Thailand's SET jumped 4.7 percent to 1,478.95.

Business

Gas tax primer: What you need to know

The estate tax will be phased out by the start of 2018, and the sales tax cut three-eighths of a percent that same year. The Democrats who control the Assembly and Senate had planned to pass the two-bill package on Wednesday without holding a committee hearing, where members of the public would be able to provide input.

Business

U.S. vice presidential debate watched by TV audience of about 35 million

She was widely viewed as the victor of last week's first presidential debate, rattling the real estate mogul with jabs about his business record, responding to his attacks with calm rejoinders, and sending him into a multi-day tailspin over comments he made about a beauty queen's weight 20 years ago.

Business

JPMorgan's 3Q Earnings Fall 8 Percent, Still Beat Estimates

A number of analysts have recently commented on JPM shares. Twitter shares have lost a hefty 33% since Wednesday when rumours emerged that some of the potential suitors for Twitter were backing out. bank, kicks off earnings season for the industry, offering insight into how Wall Street's trading and advisory operations performed during the typically slow summer months.

Business

Additional tracks to open Monday at Hoboken Terminal

A full investigation to determine the cause of the crash could take more than a year. After the meeting, Santoro said nothing about the NJ Transit crash that is under investigation by the National Transportation Safety Board. Meanwhile, state lawmakers are seeking subpoena power to investigate NJ Transit's safety and financial practices after the crash. Engineer-induced emergency braking occurred less than one second before the collision with the bumping post.

Business

A Look At Hacked Emails From Clinton's Campaign Chairman

After more than 250 days, Clinton still has not fulfilled her promise - but WikiLeaks released excerpts of her paid speeches this week that show Clinton saying she "represented" and "had great relations" with Wall Street. The emails also gave insight into tension and turmoil within the Clinton Foundation while Clinton was secretary of state. They say, 'Will you promise never to take any fossil fuels out of the earth ever again?' No.

Business

Clayton Kershaw Saves the Day for the Dodgers

Clayton Kershaw recorded his first save as a Major Leaguer on Thursday night in the Dodgers' thrilling 4-3 win over the Nats. Kershaw had gotten the win in Game 1, even though he hadn't pitched particularly well. Chicago entered the Division Series as the number one seeds and beat Wild Cards the San Francisco Giants handily in a 3-1 series. "It takes a little bit to sink in", Heisey said.

Business

Petrol, diesel prices hiked

Petrol will become costlier by Rs. 1.34 per litre and diesel by Rs. 2.37. After including local Value-Added Tax, petrol will now cost Rs 66.05 a litre in Delhi from midnight tonight as against Rs 64.72 per litre currently. Prior to that petrol price had been hiked on three occasions while diesel price was cut by 8 paise a litre on October 1. The Indian Oil Corporation press release said that the price hike was warranted by current level of global prices of Petrol and Diesel and ...

Business

Who Won the Nobel Prize for Economics in 2016?

Here is a look at the importance of their work . The field deals with incentives and risks involved in contracts drawn up between companies and employees, banks and lenders or insurance agents and their customers. The economics prize is the only Nobel Prize not created by Alfred Nobel, and was instead launched in 1968, long after the philanthropist's death. He says that "any modern compensation scheme is informed by their work".

Business

Death toll from Hurricane Matthew climbs to 26 in North Carolina

McCrory said dozens of roads across the state remain damaged and closed. Approximately 2,200 people were forced from their homes as the entire town of Princeville was evacuated and the Tar River crested on Thursday, leaving the area underwater.

Business

Billy Bush, NBC to part ways soon, reports say

The morning show co-host is now negotiating his exit and it's only a matter of time before it becomes official, the source adds. " NBC has chose to suspend Billy, pending further review of this matter". "That was the plan - they were trying to approve it and then someone leaked it". "They could have released the tape and edited him out", the source says of the individual that leaked the footage.

Business

Luck again covers Colts' warts, pulls out 29-23 victory over Bears

However, people should not get too confident about this team moving forward. The Colts have allowed 375 hits on QB Andrew Luck from 2012-16, the most in the NFL. "That just goes back to how you can't take it personal", he said. But in the fourth quarter, Hoyer missed his best receiver twice in situations in which most guys look to their biggest threat to make a big play, again driving home a point that I've been making for weeks.

Business

Bank, tech stocks lead markets up Friday

Close examination of USDA trade figures reveals that dairy exports have grown more than 500 percent since the early years of 2000, and the demand for pork has increased rapidly over the last several months, more than tripling during the first half of 2016.

Business

Bangladesh, China designate 2017 as year of exchange and friendship

The statement specified that China will train 500 Chinese-language teachers for Bangladesh and 100 Bangladeshi cultural professionals, and invite 600 Bangladeshi students to visit China during 2016 to 2020. Hossain, associate professor for the Department of International Relations at the University of Dhaka, added: "Through the visit and the said loan deals ..." Beijing had proposed an economic corridor linking Bangladesh, Myanmar, China and northern India, but New Delhi did not seem keen on ...

Business

Brexit legal challenge begins at United Kingdom high court

Despite calls from some MPs - most of whom were opposed to leaving the European Union - for Parliament to seek to block Brexit or force the British people to vote again, campaign group People's Pledge said yesterday that new research indicated most would vote in favour of triggering Article 50, which formally begins the process of leaving, if given a vote.

Business

Trump calling for drug test before next debate

He concluded, "Please let me know if there's anything else I can provide about this slimefest". -Temple Taggart, a former Miss Utah, says Trump kissed her on the mouth a few times when she was a 21-year-old contestant in his Miss USA beauty pageant.

Business

Donald Trump hints Hillary Clinton was on drugs during presidential debate

He also used that claim earlier Saturday to fundraise. Trump has trampled all conventions in his treatment of his opponent, vowing if elected to jail her over her email practices as secretary of state - and making "Lock Her Up" a rallying cry for his fired-up supporters.

Business

Samsung estimates $3 bn losses over Note 7 withdrawal

Nomura Securities predicted this week that the decision to ditch the Note 7 would cost Samsung $9.5 billion in lost sales and put a $5.1 billion dent in profit between this month and the end of 2017. The move came after reports kept emerging of the devices catching fire - even after Samsung had promised customers that replacement phones it was providing were safe.

Business

Qatari investors mulling support for Deutsche Bank

Deutsche shares rose on Friday after Reuters reported that Qatari investors who own a almost 10 percent stake in the bank do not plan to sell their shares. "We remain of the view that Deutsche Bank's main challenge is the restructuring of its business model to achieve stronger earnings and capital", the agency wrote.

Business

Army Corps of Engineers Not Ready to Move on Dakota Access Pipeline

The three-judge panel for the D.C. Circuit Court of Appeals took note of the tribe's claims that the consultation process had been inadequate, but said that wasn't the decision before them, and that the tribe hadn't met the narrow and stringent requirements for the extraordinary relief they had sought.

Business

Army Corps of Engineers Not Ready to Move on Dakota Access Pipeline

The three-judge panel for the D.C. Circuit Court of Appeals took note of the tribe's claims that the consultation process had been inadequate, but said that wasn't the decision before them, and that the tribe hadn't met the narrow and stringent requirements for the extraordinary relief they had sought.

Business

China's leader visits ally Cambodia to cement strong ties

He further explained that before China proposed the "Belt and Road" initiative, Bangladesh had already played a critical role in China-Bangladesh-India-Myanmar cooperation, a mechanism proposed by China and South Asian nations to encourage collaboration in the Bay of Bengal region.

Business

Focus on Russian Federation, not the emails: Another view

This news was first reported by znak.com, a Yekaterinburg based news website that had cited five unnamed officials claiming that they had received an "unofficial recommendation" from Kremlin to bring family members living overseas back to the "fatherland".


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