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(AP) — The federal government is handing out $2.4 billion in railroad grants to help pay for 122 projects nationwide with more than half of the money going to smaller railroads. The grants announced Tuesday by the Federal Railroad Administration will go to projects across 41 states and Washington, D.C. Last year, the administration handed out $1.4 billion in these rail grants. But the majority of the money — nearly $1.3 billion — will go to 81 projects at smaller short line railroads across the country. Chuck Baker, president of the American Short Line and Regional Railroad Association trade group, said the grants will help those smaller railroads significantly.
Persons: Joe Biden, Pete Buttigieg, Louis, Chuck Baker, Baker Organizations: Federal Railroad Administration, Regulators, CSX, Amtrak, Union Pacific, Regional Railroad Association, FRA, Associated Press Locations: OMAHA, Neb, Washington, Norfolk Southern, East Palestine , Ohio, Hudson, Albany, Rensselaer , New York, Illinois, Norfolk, Springfield, Chicago, St, California’s Orange County, Michigan, Milwaukee, America, U.S
ET, the yield on the 10-year Treasury was up by over 2 basis points at 4.304%. The 2-year Treasury yield was last up by less than 1 basis point at 4.146%. U.S. Treasury yields were higher on Tuesday, with the 10-year Treasury yield continuing to trade at multi-month highs as investors looked to upcoming economic data. On Tuesday investors will be watching out for fresh consumer confidence insights and home price data as well as the latest JOLTS job openings figures. Those are the first of a series of labor market related data releases slated for the week.
Organizations: Treasury, U.S, Federal, Traders, Fed
Jackie Cuevas shares email tips to avoid sharing personal or sensitive information at work. Cuevas advises against using targeted words in emails to prevent unintended HR issues. If you're buying lunch for yourself and your coworker, don't email them your credit card number. Words like 'bullying,' 'I'm being harassed,' or even 'name-calling' are targeted words, and when you use them, HR will investigate further. I don't advise using company time and property to say, 'Hey (coworker's name), you were such a b—in that meeting.'
Persons: Jackie Cuevas, Cuevas, Slack, , I'm, shouldn't Organizations: Service, Social Locations: Orange County , California
Microsoft leads Google in cloud market share, while Amazon Web Services is at the top. AdvertisementMicrosoft publicly accused Google of running "shadow campaigns" to undermine its business and influence cloud regulation in Europe, in an escalation of the tech giants' rivalry. A Google spokesperson told Business Insider the company had been "very public" about concerns with Microsoft's cloud licensing. In the second quarter, Google Cloud generated $10.35 billion in revenue, while Microsoft's Azure, included as part of the company's Intelligent Cloud group, reported $28.5 billion in revenue. AdvertisementIn 2023, Google Cloud generated $33.7 billion in sales, while Microsoft's Intelligent Cloud group reported $96.8 billion in sales.
Persons: , Rima Alaily, Alaily, Nicky Stewart, Stewart Organizations: Microsoft, Google, Amazon, Service, Cloud Coalition, Open Cloud Coalition, European Commission, Big Tech, Amazon Web Services, Department of Justice, Games Locations: Europe
Jeff Bezos defended The Washington Post's decision to not endorse a presidential candidate. The Post earlier reported that Bezos made the decision to not publish an endorsement. AdvertisementThe decision also wasn't a "quid pro quo" to curry favor with Donald Trump, Bezos said. "I sighed when I found out, because I knew it would provide ammunition to those who would like to frame this as anything other than a principled decision," Bezos wrote. On Friday, the newspaper's publisher, Will Lewis, initially announced the Post's decision.
Persons: Jeff Bezos, Bezos, Donald Trump, Kamala Harris, , Will Lewis Organizations: Service, Trump, Gallup, NPR, Los Angeles Times, Business Locations: Washington, Pennsylvania
New York CNN —Americans around the country avoided McDonald’s last week after an E. coli outbreak left dozens of people sick. On Wednesday, the day after the E. coli outbreak was announced, customer visits to McDonald’s dropped 6.4% across the country and 24% in Colorado, where the outbreak was most prevalent, according to Placer.ai, which tracks foot traffic to restaurants and retailers. “The issue appears to be contained to a particular ingredient and geography, and we remain very confident that any contaminated product related to this outbreak has been removed from our supply chain and is out of all McDonald’s restaurants,” McDonald’s said Sunday. The E. coli outbreak has overshadowed McDonald’s business and came as the chain was struggling to win back customers put off by higher prices. The quarter ended on September 30 and did not include sales following the announcement of the E. coli outbreak.
Persons: McDonald’s, ” McDonald’s, RJ Hottovy Organizations: New, New York CNN, Colorado Department of Agriculture, McDonald’s Locations: New York, Colorado, McDonald’s, United States
Donald Trump has more than just the presidency on the line Nov. 5 — the outcome of his various legal troubles hinges on the election, as well. The “witch hunts against President Trump have imploded” and “should all be dismissed in light of the Supreme Court’s historic decision on immunity and other vital jurisprudence,” Cheung said in a statement. Hush money caseWin or lose, Trump’s biggest immediate challenge after the election is his potential sentencing on 34 felony counts of falsifying business records in New York. Federal election interference caseIf Trump loses, special counsel Jack Smith’s election interference case is also on the horizon. Similar to the criminal cases, Trump has argued that his actions were protected by presidential immunity.
Persons: Donald Trump, Kamala Harris, he’s, , Chuck Rosenberg, Trump, Steven Cheung, ” Cheung, Juan Merchan, Merchan, Rosenberg, Jack Smith’s, Smith, Hugh Hewitt, , ” Trump, don’t, Fani Willis, Scott McAfee, Willis, McAfee, Steve Sadow, ” Sadow, Barbara McQuade, Aileen Cannon, Jean Carroll, general’s, Carroll, ” McQuade, , they’d, Clinton, McQuade, Paula Jones, Bill Clinton Organizations: Trump, NBC, Republican, New, NBC News, Department, Justice Department, Fulton, Fulton County, White, Division, U.S . Capitol Locations: New York, United States, Georgia, Fulton County, Fulton, U.S, New
By Mark MurrayThe razor-close presidential election could very well come down to this question: Will the infrequent voters who back Donald Trump by double digits actually turn out? And she carries the tiny share of voters who participated in 2022 but not 2020 by 9 points (52% to 43%). And he’s carrying the voters who didn’t partake in either 2020 or 2022 by 10 points (50% to 40%). On the other hand, NBC News recently observed a pair of focus groups of voters who didn’t participate in the 2020 election but are planning to this time around. Read more → Follow live updates from the campaign trail →That’s all from the Politics Desk for now.
Persons: Mark Murray, Donald Trump's, Donald Trump, Kamala Harris overperforms, Trump, Republicans —, Harris, , , Will, , ike D earborn, Tod, Phil, gero, ena Organizations: NBC, White House, Capitol, NBC News ’, Republicans, Trump, NBC News, ics Locations: Michigan , Pennsylvania, Wisconsin, Poli
Two shootings at separate homeless encampments in Minneapolis that killed three people and wounded three others over the weekend are possibly connected, police said. “This is the second triple shooting at two separate homeless encampments in two days,” police said. Police on Monday afternoon said there have been no arrests in the encampment shootings. Minneapolis Mayor Jacob Frey told the media that, while violent crime is going down in areas of the city, violence in and near homeless encampments has escalated. "MPD continues to address crime related issues associated with homeless encampments and the city continues to offer resources.," O'Hara said.
Persons: Jacob Frey, ” Frey, Deven Leonard Caston, Caston, Brian O’Hara, , O'Hara Organizations: Minneapolis Police Department, MPD, Police, Minneapolis, Centers for Disease Control, Hennepin County Medical, Minneapolis Police Locations: Minneapolis, Hiawatha, Snelling, Hennepin County
Gun violence in Philadelphia has become a national news story, but 22-year-old resident Isaiah Stanton knows about the gun crisis there firsthand. Gun violence remains the leading cause of death for kids and teens in the U.S.Karise and Jerel Crew. But he is also hesitant to declare that gun violence will or can end overnight. Kyle Mazza / Anadolu via Getty Images file“I lost my nephew to gun violence, two years ago now,” he said. The relationship between gun violence and the Black community is troubled, with disproportionate numbers of police shootings and community shootings leaving lasting consequences around the country.
Persons: Isaiah Stanton, Ronald Wimberley, Wimberely, Naomi, ” Stanton, , ” Ronald Wimberly's, Kimberly Jones, Ronald, Stanton, , ” Isaiah Stanton, Jerel, Karise Crew, we’re, ” Karise, Crews, Jeffery Young Jr, Young, Kyle Mazza, ” Young, Ronald ., Kimberly Jones Stanton, he’s Organizations: Citizen, NBC, Karise, Department of Justice, Johns Hopkins Center for Gun, Solutions, Philadelphia, Philadelphia City Council, Trump, Getty, City Council Locations: Philadelphia, U.S, , Pennsylvania, Philly, Anadolu
Halloween is still days away, but online, “Gay Halloween” is in full-force. The posts all begin with text that reads, “I hate gay Halloween, what do you mean you’re dressed as” with a description of the costume. The “I hate Gay Halloween” phrase began to pick up traction in recent years as a joke about the obscurity of queer Halloween costumes, according to Know Your Meme. One of the earliest references to “gay Halloween” costumes is from 2022, when one X user posted, “Gay Halloween costumes are like ‘oh this? But those who are partaking in the “I hate gay Halloween” trend appear to embrace the “extremely online” of it all.
Persons: , what's, Mira Sorvino, Romy, Michelle, , Andrew Garfield, Florence Pugh, Chappell, Willy Wonka, Arthur Locations: British
JPMorgan Chase has begun suing customers who allegedly stole thousands of dollars from ATMs by taking advantage of a technical glitch that allowed them to withdraw funds before a check bounced. A Houston case involves a man who owes JPMorgan $290,939.47 after an unidentified accomplice deposited a counterfeit $335,000 check at an ATM, according to the bank. “On August 29, 2024, a masked man deposited a check in Defendant’s Chase bank account in the amount of $335,000,” the bank said in the Texas filing. The infinite money glitch episode highlights the risk that social media can amplify vulnerabilities discovered at a financial institution. JPMorgan prioritized cases with large dollar amounts and indications of possible ties to organized crime, they said.
Persons: JPMorgan Chase, , Defendant, hasn’t, they’re, Drew Pusateri, “ We’re, Chase, Organizations: JPMorgan, Global, Chase, Central, Central District of, CNBC Locations: Houston, , Defendant’s Chase, Texas, Miami, California, Central District, Central District of California
Ballot drop boxes in Portland, Oregon, and neighboring Vancouver, Washington, were set on fire early Monday morning, police said, just over a week out from Election Day. The Portland Police Bureau said an "incendiary device" was placed inside of a sidewalk ballot box in the Central City district. At around 4 a.m. local time, about a half-hour after the reported fire in Portland, police in Vancouver also responded to a ballot box fire. Earlier this month, the Vancouver bomb squad responded to reports of a "suspicious device" near a downtown ballot box, police said. The device was "safely removed" and the ballot box itself was "not compromised," according to a news release.
Persons: Greg Kimsey, Shasti Conrad, Kimsey, Marie Gluesenkamp Perez, Donald Trump, Joe Kent Organizations: Vancouver . The Portland Police Bureau, Officers, Portland police, Unit, NBC News, Disposal Unit, FBI, Vancouver, Washington State Democratic Party, Congressional, Democratic Rep, Republican, U.S . Postal, Police Locations: Portland , Oregon, Vancouver , Washington, Portland, Vancouver ., Central City, Vancouver, Multnomah County, Clark County, Washington's, Phoenix
Halloween revelers in Shanghai on Sunday. Video shared on social media and geolocated by NBC News shows dozens of police officers crossing a road near Zhongshan Park where Halloween revelers gathered in recent days. My 6-year-old was wearing a hat with a pirate emblem, and they even asked him to take it off,” read one comment Sunday from a Shanghai resident on Chinese social media platform Weibo. There was no official announcement of an outright ban or clear restrictions on Halloween activities from Shanghai officials, but local businesses reported receiving notices. Halloween-related activities appeared to go ahead as planned at Shanghai Disneyland and another theme park, Happy Valley.
Persons: , Organizations: HONG KONG — Police, Publishing, Getty, Shanghai, NBC News, Police, Shanghai Information, Reuters Locations: HONG KONG, Shanghai, China, Zhongshan Park, Weibo, Jing, Zhongshan
Apple rolled out new Apple Intelligence features with iOS 18.1 on Monday. If you don't have a brand-new Apple device, you might still be able to take advantage of Apple Intelligence. You can also access Apple Intelligence features on the iPhone 15 Pro and iPhone 15 Pro Max. Users with an iPhone 15 Plus, iPhone 15, or any earlier version cannot access Apple Intelligence features. Those are the iPad Pro, iPad Air, and the iPad Mini.
Persons: , Siri, Max Organizations: Apple, Apple Intelligence, Service, Sequoia, iPad, MacBook, Mac
"Woman of the Hour" is based on the true story of serial killer Rodney Alcala's appearance on a game show. Advertisement"Woman of the Hour" tells the story of real-life serial killer Rodney Alcala's appearance on "The Dating Game" in 1978, in the middle of a murder spree. "Woman of the Hour" diverges from the real events at times, but the character of Charlie (Kathryn Gallagher) has a tragic story that's eerily similar to one of Alcala's victims. Related storiesStewardess Charlie meets Rodney while moving into her new apartment in 1971Kathryn Gallagher as Charlie in "Woman of the Hour." Charlie is most similar to Cornelia Crilley, one of Alcala's victims in the '70sKathryn Gallagher as Charlie in "Woman of the Hour."
Persons: Rodney, Cornelia Crilley, Acala, , Anna Kendrick, Sheryl, Daniel Zovatto, Ryan Murphy's, Lyle, Erik Menendez, Bobby, Charlie, Kathryn Gallagher, who's, he's, Alcala, John Berger, Crilley, Crilley's, Ellen Organizations: TWA, Service, ABC, Netflix, York University, NYU, Airlines Locations: New York City, New Hampshire, Queens, Crilley, California
Elon Musk briefly spoke at a campaign rally for Donald Trump in New York on Sunday. Musk said he'd save the US $2 trillion through a department of government efficiency. AdvertisementAt a campaign rally for former President Donald Trump in New York on Sunday, Elon Musk said he'd save the United States $2 trillion through a department of government efficiency. "I think we can do at least $2 trillion," Musk replied. Musk and representatives for the Trump campaign did not immediately respond to a request for comment.
Persons: Elon Musk, Donald Trump, Musk, , Howard Lutnick, Cantor Fitzgerald, Lutnick, Tesla, Harris, Trump, he'd, Musk's, Kamala Harris Organizations: Service, Sunday, SpaceX, Biden, Department of Government Efficiency, Trump, Social Security, Small, Budget, Street, Trump Musk, America PAC, The New York Times, Siena College Locations: New York, United States, Pennsylvania, Trump's
The CEO of optics giant Olympus has resigned after it was alleged that he had bought illegal drugs. Stefan Kaufmann's departure as CEO pushed the company's shares almost 6% lower Monday. AdvertisementOlympus Corporation's CEO, Stefan Kaufmann, has exited the optics giant following allegations he purchased illegal drugs. It said that based on the results, Kaufmann had likely acted inconsistently with Olympus' global code of conduct, core values, and corporate culture. Business Insider was unable to reach Stefan Kaufmann for comment.
Persons: Stefan Kaufmann's, , Stefan Kaufmann, Kaufmann, Yasuo Takeuchi, Julie Hamp Organizations: Olympus, Service, Tokyo Stock Exchange, Police, Kyodo, Toyota Motor Corporation Locations: Tokyo, Japan
Instead of going with 529 plans, we went with UTMA custodial accounts instead; here's why. Here's why we decided UTMA accounts were best for our family situation. UTMA accounts are flexibleWhile 529 plans must be used for education-related expenses, the options for UTMAs are much broader. Like 529 plans, UTMA account contributions are post-tax, meaning that income taxes have already been paid on the money being deposited. AdvertisementWe realize 529 plans would give us more direct control over our children's spending, but sooner or later, they're going to have to grow up.
Persons: , Andy Esser, Edward Jones, Esser, that's, haven't, We're Organizations: Service, Business
Trump's Madison Square Garden rally was supposed to be part of a triumphant closing pitch. AdvertisementDonald Trump's rally at Madison Square Garden on Sunday wasn't supposed to be about one comedian's offensive joke about Puerto Rico. "This joke does not reflect the views of President Trump or the campaign," Danielle Alvarez, a senior Trump campaign advisor, said in a statement. Advertisement'I want everyone in Philadelphia to see that clip'It remains to be seen whether and how Puerto Rican voters will respond to what happened on Sunday. Spokespeople for the Harris campaign, along with Senate and House Democrats' campaign arms, did not respond to Business Insider's inquiries as to whether they would.
Persons: it's, , Donald Trump's, Trump, Sid Rosenberg, Doug Emhoff, Tucker Carlson, Kamala Harris, Tony Hinchcliffe, Danielle Alvarez, Harris, Bad Bunny, Mike Nellis, Hinchcliffe, Sen, Rick Scott, Maria Elvira Salazar, Rep, Anthony D'Esposito, Alexandria Ocasio, Cortez, Tim Walz, there's, Nellis, Meta Organizations: Puerto Ricans, Service, Madison, Radio, Malaysian, Trump, Sunday, Puerto, Puerto Rican, Democratic, Reading, Gov, House Democrats, Nellis, Capitol Locations: Madison, Puerto, Puerto Rico, York City, California, Philadelphia, Pennsylvania, Puerto Rican, Florida, Long, While Pennsylvania, North Carolina, Georgia, Bronx, Harris, Alexandria, Cortez of New York, Puerto Ricans, , Washington , DC
The American-made Abrams tank and Bradley fighting vehicle were built to fight the Soviets. New footage shared by the Ukrainian military shows them assaulting Russian positions in Kursk. AdvertisementNew combat footage posted by the Ukrainian military on Monday shows American-made tanks and armored fighting vehicles at war inside Russia. 🇺🇸-made Bradley IFV and Abrams tank are performing a combat task in the Kursk region, destroying russian treeline positions. An M1 Abrams tank in service with the Ukrainian military fires its cannon in the Kursk region.
Persons: Abrams, , Bradley, Sy Organizations: Bradley, Service, Ukraine's 47th Mechanized Brigade, Bushmaster Locations: Russia, Ukrainian, Kursk, 🇺🇸-m
The billionaire has been less prominent in the election than Elon Musk — but still has much at stake. Bezos's Blue Origin is working with NASA and the Pentagon as it plays catch-up with Musk's SpaceX. Executives from Bezos' rocket company Blue Origin, including CEO Dave Limp, spoke with Donald Trump on Friday, The Associated Press reported. Like all private space companies, Blue Origin relies heavily on federal contracts and is competing with SpaceX for government and military projects. Blue Origin did not respond to a request for comment from Business Insider.
Persons: Jeff Bezos's, Elon Musk, , Jeff Bezos, Dave Limp, Donald Trump, Kamala Harris, William Lewis, Bezos, Lewis, Robert Kagan, Michele Norris, Marty Baron, Baron, Elon, Artemis, it's, SpaceX's, Trump Organizations: Washington Post, NASA, Pentagon, Musk's SpaceX, Service, Bezos, Associated Press, New York Times, Trump, SpaceX, Republican, PAC, Business, Bloomberg, White, Twitter, United States Post, United States Postal Service, Web Services, of Defense, Microsoft Locations: Washington, The Texas, Amazon
Veronica Shanklin left her top marketing job to care for her grandmother with dementia in May 2013. My grandmother, then 82, who I called "Mama Nell," had become aggressive and physically lashed out at my mom. They'd shared a home in my native Dallas since Mama Nell was diagnosed with Alzheimer's Disease a few years earlier. I've established a nonprofit to help dementia carers like meMama Nell died in 2017 at the age of 86. In 2019, I founded the nonprofit Dementia Care Warriors to help Texan caregivers of loved ones with Alzheimer's and related diseases.
Persons: Veronica Shanklin, , Mama Nell, They'd, Mom, Veronica Shanklin I'd, I've, it's Organizations: Service, PBS, Business, Business Administration, Arts Management, Shanklin, Dementia, Warriors Locations: Dallas, Chicago, Atlanta, California
Chris Williams, ex-VP of HR at Microsoft, created an easy way to plan meetings. AdvertisementAt the top, at level five, is the meeting organizerThey called the meeting to solve a problem, explore an issue, and create some results. Level-four people are directly affectedThese are the people who are directly impacted by the meeting's outcome. Seen yet never heard, their absence wouldn't change the meeting outcome. Plan a good meetingEvery meeting should have a clear agenda and include precisely the right people in the room.
Persons: Chris Williams, Williams, , I've, should've Organizations: Microsoft, Service Locations:
Ukraine is offering comfortable beds and warm meals to North Korea troops who surrender to them. AdvertisementUkraine is enticing Russia-bound North Korean troops with comfortable beds and warm meals in exchange for their surrender. AdvertisementOn Sunday, Ukrainian President Volodymyr Zelenskyy said in an evening address on Telegram that North Korean troops "may appear on the battlefield" any day now. Related storiesRussia's use of North Korean troops is another indicator that it's relying more on allies to sustain its wartime efforts. But Ukraine's attempt to encourage North Korean troops to surrender faces distinct hurdles.
Persons: , Putin, chatbot, Volodymyr Zelenskyy, Zelenskyy, Joseph S, Bermudez Jr, Kim, Bermudez, Bruce W, Bennett Organizations: Service, Korean People's Army, YouTube, North, Business Insider, Ukraine, Pyongyang that'll, Center for International, Strategic Studies, Workers ' Party of, RAND Locations: Ukraine, Korea, North Korea, Russia, South Korea, Europe, Pyongyang, Workers ' Party of Korea
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