An Amtrak passenger train derailed Monday southwest of Seattle and landed on Interstate 5 on the first day of service on the route. Multiple injuries and fatalities were reported. The Thurston County Sheriff tweeted about a “massive incident involving a train” derailing on the Mounts Road overpass midway between Tacoma and Olympia. Police asked drivers
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Lockers aren’t just for school-aged kids to stow their books anymore. Increasingly across the U.S. companies such as Sacramento, California-based Luxer One are setting up locker systems in luxury apartment complexes, office buildings and retail operations, where packages can safely be kept (typically for a small fee), hopefully preventing so-called porch pirates or other delivery
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Shares of CSX Corporation fell 2 percent in premarket trading Monday in the wake of CEO and railroad turnaround specialist Hunter Harrison’s passing on Saturday. The executive was renowned in the industry for his ability to save struggling freight railroads, having spent years reforming two of Canada’s largest railways before taking the helm at CSX
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With just two weeks to go before the new year begins, many fund managers around the world seem to agree on one thing: The rally in Asian stocks will continue into 2018. Strength in the equity market, they said, will be supported by regional economies growing strongly and solid company fundamentals that will drive earnings
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A South Korean-born Sydney man was charged Sunday with acting as an economic agent for North Korea in Australia by allegedly attempting to broker sales worth tens of millions of dollars for Pyongyang that included components used in ballistic missiles. The Australian Federal Police said 59-year-old naturalized Australian Chan Han Choi used encrypted communication to
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Lisa Rapaport | Bloomberg | Getty Images Barry Sherman poses with a bottle of clopidogrel tablets, August 14, 2006 at company headquarters in Weston, Ontario, Canada. “I am beyond words right now,” Hoskins wrote in his tweet. “Incredible philanthropists, great leaders in health care. A very, very sad day.” Barry Sherman was the chairman of
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TD Ameritrade is planning to offer clients access to Cboe’s bitcoin futures contract on Monday. The company is one of the top three retail brokerages, according to capital markets research and consulting firm Tabb. In order to be eligible to trade the futures, clients must have a minimum balance of $25,000, according to the brokerage.
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Quarles is President Donald Trump’s choice to oversee the national banking system, and the first-ever vice chair for supervision. He has been vocal about rolling back regulations put in place following the 2007 recession. Quarles declared owning more than $1 million in Wells Fargo stock in June. He sold his holdings following his confirmation, according
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Fitbit won’t be profitable and will continue to burn through cash next year, Stifel said as it downgraded the company’s stock to a sell rating. The company that once ignited a boom in fitness trackers hasn’t innovated enough to keep consumers interested, Stifel wrote. Plus, it said Fitbit hasn’t unlocked any meaningful business in the
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