Markets


New Jersey train engineer says he can't remember crash
- October 03, 2016

The agency had held off questioning Gallagher on Friday because he was injured when the train smashed through a steel-and-concrete bumper and hurtled into the station's waiting area. The other parties to the investigation are the Federal Railroad Administration, NJ Transit and two other railroad unions. He said the train was operating normally, visibility was clear and he was able to successfully perform the required brake test prior to departure, Dinh-Zarr said. (more...)
Data recorder in Hoboken train crash didn't work, NTSB says
- October 03, 2016

The 48-year-old train engineer told federal investigators that he remembered blowing the train's horn and looking at the speedometer as he pulled into the station and said the train was going 10 miles per hour, Dinh-Zarr said. Some of the safety violations that sparked the FRA audit included "running through switches" and "yard operations", according to the source. - Customers in Hoboken and Jersey City who need to get to Secaucus should take the Hudson-Bergen Light Rail to Liberty State ... (more...)
Canada Reaches Border Deal with China That Would Hasten Deportations
- October 03, 2016

He continued: "China and Canada should work together to bring their economic partnership to a higher level", explaining "China is planning to import more from Canada" so as to "double the volume of two-way trade by 2010". Jean described how three separate Chinese entities - its foreign minister, its supreme court and its Supreme People's Protectorate - sent out a notice in 2014 urging Chinese nationals wanted overseas to surrender. (more...)
Deutsche Bk shares spike after report it is near DOJ settlement
- October 03, 2016

Shares received another boost and closed up 6% after a report claimed that Deutsche Bank had reached a deal to settle legal claims in the USA for a smaller amount than expected. "Our job now is to ensure that this distorted perception does not more strongly influence our day-to-day business", he added. Thooft said he does not think banks are in great danger, but he said there are problems to worry about, including the health of Italy's banks. (more...)
Fed's Yellen says bank leaders must be held accountable for wrongdoing
- October 03, 2016

Federal Reserve officials' alleged ties to the Obama administration and the Democratic party came under fire Wednesday as Fed Chair Janet Yellen struggled to answer heated questions mostly posed by Republican lawmakers. "Is there anything you can do?" Rep Maxine Waters, D-Calif., attempted to jump in, as Garrett's time for questioning had expired. Right now, the job creation rate of about 180,000 added jobs per month would "overheat" the economy if it continues and lead to lower ... (more...)
Scully says 'Hi everybody' to open final game Scully says 'Hi everybody' to open final game
- October 03, 2016

It's measure of Vin Scully's huge popularity that nobody seemed to mind him uttering that sentence in enemy territory. He thanked Scully for "67 incredible years that you've given baseball" and for ending his career in San Francisco. Bumgarner beat Syndergaard 6-1 in NY on May 1, throwing six shutout innings in their only head-to-head meeting. Scully also was given a ticket stub for a game from his New York Giants childhood hero, Giants player Mel Ott. (more...)
Oil Price Rally Fades on Doubts over OPEC Output Deal
- October 03, 2016

Oil prices tumbled in Asia on Friday as doubts emerged over the long-term success of the OPEC agreement in stabilizing the oversupplied market. The agreement was adopted Wednesday in Algiers at an informal meeting of the Organization of Petroleum Exporting Countries and must be endorsed in Vienna at a formal meeting of the organization on November 30. (more...)
Donald Trump and Hillary Clinton's twitter spat over Miss Universe
- October 03, 2016

Machado, who was born in Venezuela but recently became a. USA citizen, came forward earlier this week, charging Trump called her "Miss Piggy" - a reference to her weight - and "Miss Housekeeping" - a reference to her Latina heritage - during the year she worked for Trump as Miss Universe. (more...)
Jaguars survive late Colts rally, win 30-27 in London Jaguars survive late Colts rally, win 30-27 in London
- October 03, 2016

At the end of the third quarter, the Jags led the Colts 23-6. Hurns' score - his first touchdown of the season as well as his longest reception - put the game beyond the reach of Andrew Luck despite the Colts' three fourth-quarter TDs. A defensive miscue by Jaguars rookie Jalen Ramsey left Phillip Dorsett streaking alone to haul in a 64-yard touchdown throw. It was the Jaguars' first win of the season and their second straight over Indianapolis. (more...)
USA reclaim Ryder Cup glory after eight long years
- October 03, 2016

Reed added on his first home Ryder Cup experience: "To have these guys do what they did, to have the team come together and when we're down having these crowds picking us up, cheering our names". But the side lacked the depth to hold off a fired up home side that overpowered the Europeans to take a stranglehold of the precious little gold cup for the first time since 2008. (more...)
1st recorder recovered from train not working 1st recorder recovered from train not working
- October 03, 2016

The official, who was familiar with the Federal Railroad Administration audit, spoke to the AP on condition of anonymity because the official wasn't authorized to speak publicly about an ongoing investigation. 'We want to get in and get the exact speed of the train, ' Dinn-Zahr said. After the NJ Transit train crash at the Hoboken terminal on Thursday, various transit services were altered. (more...)
Browns set to take on the Washington Redskins in Maryland Browns set to take on the Washington Redskins in Maryland
- October 03, 2016

The Browns are going to lose plenty of games this rebuilding season, but this one had to hurt a bit more. If nothing else, Pryor's game against the Dolphins forced the Washington Redskins coaching staff to reach for the Visine a little more often this week as they prepared a game plan to counter the former Ohio State quarterback. (more...)
Uri attack: India summons Pakistani envoy
- October 03, 2016

Prime Minister Muhammad Nawaz Sharif , who is here at the head of the Pakistan delegation to the UN General Assembly gave a call to Army Chief General Raheel Sharif Tuesday to discuss the prevailing situation in the region. Besides calling for an amicable dialogue between both countries to bring out the best solution, Nawaz devotes 16 out of 20 minutes of speech to attack India and with completely ignores Balochistan movement, Uri attack and Pak-Occupied-Kashmir. (more...)
A look at what Colombia referendum result may mean
- October 03, 2016

FARC chief Rodrigo Londono, alias Timoleon "Timochenko" Jimenez, vowed his side too was committed to continuing peace efforts. Bernard Aronson, the USA special envoy for the peace process, met with Colombia's ambassador in an emergency meeting Sunday night. (more...)
Americans win 1st Ryder Cup since 2008 Americans win 1st Ryder Cup since 2008
- October 03, 2016

He wasn't referring to the golf ball, but rather the fact that just a week before, Love had called him to tell him he'd be coming to Hazeltine as Team USA's final captain's pick. Phil Mickelson and Matt Kuchar never trailed in match three, recording a 2 and 1 victory over Sergio Garcia and Martin Kaymer. Mickelson made an 18-foot birdie on the final hole, crouched and then leaped in the air, capping a big week under more pressure than usual because of his strong voice in all these changes. (more...)
Henderson and Janus Capital in £4.7bn merger
- October 03, 2016

The combined group will be branded Janus Henderson Global Investors and will have total assets under management of $320bn. "Henderson and Janus are well-aligned in terms of strategy, business mix and most importantly a culture of serving our clients", said Formica. (more...)
Raucous Ryder Cup crowd gets Reed-McIlroy opener Raucous Ryder Cup crowd gets Reed-McIlroy opener
- October 03, 2016

The Americans needed just five points in the 12 singles matches today. A matchup of the two most experienced Ryder Cup players on either team, and two of the highest-scoring players in Ryder Cup history. Jordan Spieth vs. Henrik Stenson-Has anyone ever seen Spieth and C3PO in the same room? And to J.B. 1555 - Sergio Garcia follows Phil Mickelson in for a birdie on the 18th to halve their match, which featured an incredible 19 birdies. (more...)
Brexit unlikely to be complete over a two year period - Hayes
- October 03, 2016

Before now May has only said that Britain would not trigger Article 50 of the EU's Lisbon Treaty - which sets a maximum two-year clock ticking until a country's departure from the 28-member bloc - before the end of this year. Any changes in the law will have to be subject to full scrutiny and proper Parliamentary debate. "Let me be clear. The people have spoken, we will deliver on that". (more...)
Will Wells Fargo (WFC) Stock Be Helped By Bullish Evercore Note? Will Wells Fargo (WFC) Stock Be Helped By Bullish Evercore Note?
- October 03, 2016

Earlier this week, the bank took back $41 million in stock awarded to Stumpf, an unprecedented rebuke to a major US bank CEO, but the move is unlikely to silence calls for his resignation. John Stumpf appeared before House Financial Services committee the same day revelations broke about Wells Fargo's treatment of customers in the military. (more...)
Colonial Pipeline restart projected 'this evening,' company says
- October 03, 2016

Authorities from the Department of Transportation's Pipeline and Hazardous Materials Safety Administration must approve the change before refined gas flows through Line 1, Colonial spokesman Don Pozi told AL.com . 20, 2016, near Helena, Ala. The pipeline section that failed, built in 1963, runs from MS to Atlanta. Originally, the company planned to dig out and fix the damaged line but there were unsafe concentrations of benzene and gasoline vapors nearby. (more...)

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