DIRS.INFO The most relevant business & tech news

☆ 3 things to watch in the stock market next week as bond yields hover at 2007 highs
▼ + stars: | 2023-10-21 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +12 min

The usual suspects were to blame — rising bond yields, geopolitical tensions, and oil prices — and will hold the keys to the market this coming week. Earnings are one of the three major themes on the marquee next week, with 10 Club companies reporting. Here are the companies: Danaher (DHR), Microsoft (MSFT), Alphabet (GOOGL), Meta Platforms (META), Veralto (VLTO), Honeywell (HON), Linde (LIN), Amazon (AMZN), Ford (F) and Stanley Black & Decker (SWK). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: —, Jerome Powell, Jim Cramer, Jim, Morgan Stanley, Stanley Black, Decker, Danaher, Veralto, it's, Mark Zuckerberg, We're, Vimal Kapur, Linde, Jim Farley, Ford, FactSet, Powell, WTI, Baker Hughes, Edwards Lifesciences, Northrop, CARR, Davidson, Dr Pepper, Phillips, Jim Cramer's, Michael M Organizations: Dow Jones, Nasdaq, Economic, of New, Treasury, West Texas, Procter, Gamble, 10, Microsoft, Honeywell, Linde, LIN, Health Care, Technology, Communications Services, Google, Meta, Ford, Amazon, United Auto Workers, Atlanta, Wall Street, Hamas, Brent, Strategic Petroleum Reserve, Logitech, Verizon, General Electric, GE, RTX Corporation, Halliburton, HAL, General Motors, Dow Chemical, DOW, Xerox, Texas Instruments, F5 Networks, WM, Boeing, Fisher, Mobile, Hilton, General Dynamics, Norfolk Southern, Otis Worldwide, IBM, KLA, O'Reilly Automotive, Mattel, Whirlpool, Gross, Royal Caribbean Cruises, Hershey Company, United Parcel Service, Southwest Airlines, Altria, Northrop Grumman, Valero Energy Corp, Mastercard, Merck, Co, Myers Squibb, Newmont, Tractor Supply Company, Comcast, Seagate Technology, Boston, Hertz, Carrier, Hasbro, Harley, Intel, Grill, United States Steel, Boston Beer Company, Texas, University of Michigan, Exxon Mobil, Chevron, Charter Communications, Colgate, Palmolive, Newell Brands, Sanofi, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Santiago, Getty Locations: of New York, U.S, Industrials, OpenAI, America, Venezuela, Cleveland, Norfolk, ORLY, Bristol, Brunswick, Oshkosh, New York City

The Omaha, Nebraska, railroad earned $1.53 billion, or $2.51 per share, during the quarter, That's down from $1.9 billion, or $3.05 per share. The number of shipments Union Pacific delivered slipped 3% in the quarter, and while costs improved about 4% they remained elevated at $3.76 billion. But the average speed of the railroad's trains increased to 200 daily miles per car. Shares of Union Pacific gained more than 3% Thursday to trade for $213.16 around midday. Union Pacific is one of the nation's largest railroads and operates more than 30,000 miles of track in 23 western states.

Persons: Jim Vena, “, ”, Vena, Edward Jones, Jeff Windau, he'll Organizations: — Union Pacific's, FactSet Research, Union Pacific, Union, Union Pacific's, of Union Pacific Locations: OMAHA, Neb, The Omaha , Nebraska, Norfolk Southern, Ohio

☆ EPA orders Norfolk Southern to perform additional cleanup following Ohio derailment
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +2 min

The EPA said it also ordered Norfolk Southern to conduct additional investigations into oily sheen, or film, on water and sediments in two creeks in East Palestine. "Through this order, Norfolk Southern will take a thorough look at the waterways to ensure there are no lasting impacts from the derailment," EPA Regional Administrator Debra Shore said. Norfolk Southern said the order "formalizes the continuation of work that has been ongoing since the derailment under a different regulatory scheme. Norfolk Southern remains cooperative, working with EPA and Ohio EPA at the site, and will continue to address derailment-related impacts in the waterways of Sulphur and Leslie Runs." In February, EPA issued a Superfund unilateral administrative order, compelling Norfolk Southern to eliminate spilled materials and contaminated soil from the location of train derailment.

Persons: Alan Freed, Leslie, Debra Shore, Leslie Runs, Sherin Elizabeth Varghese, Rahul Paswan, Leslie Adler Organizations: REUTERS, Environmental Protection Agency, Norfolk Southern Corp, EPA, Norfolk, Norfolk Southern, Ohio EPA, Thomson Locations: East Palestine , Ohio, U.S, Norfolk Southern, East Palestine, Ohio, Pennsylvania, Sulphur, Norfolk, Bengaluru

☆ We toured the USS Gerald R. Ford, the world's largest aircraft carrier, which can house 75 aircraft (but doesn't have urinals)
▼ + stars: | 2023-10-17 | by ( Daniel Brown | Elias Chavez | ) www.businessinsider.com time to read: +2 min

The USS Gerald R. Ford is the world's largest aircraft carrier. The US has sent the carrier toward Israel to deter any potential escalation in the ongoing conflict. AdvertisementAdvertisementThe USS Gerald R. Ford is the US Navy's newest and largest aircraft carrier — in fact, it's the world's largest. The USS Gerald R. Ford launched on its first deployment in 2023 to the Mediterranean. As of October 10, 2023, the USS Gerald R. Ford and its strike force have arrived in the east Mediterranean Sea to "deter any actor seeking to escalate the situation or widen this war," according to a statement from the US Central Command.

Persons: Gerald R, Ford, — Organizations: Ford, US, Service, Nimitz, United Nations Office, Humanitarian Affairs, US Central Command Locations: Israel, Palestinian, Gaza, Norfolk

FRA spokesman Warren Flatau said freight railroads weren't addressed because a 2015 law Congress passed only required regulators to establish a rule for passenger railroads. But many freight railroads, including all the biggest ones that handle a majority of shipments nationwide, have installed cameras voluntarily, starting with outward-facing cameras and later adding ones showing the crews' actions. Later, lawmakers also required regulators in the 2015 law to look at requiring locomotive video recorders for passenger trains. Amtrak pledged in 2015 to install cameras on its trains after a crash in Philadelphia that killed eight people and injured about 200. “While video recorders cannot directly prevent accidents, they help maintain a higher standard of safety,” said FRA Administrator Amit Bose.

Persons: Warren Flatau, Jennifer Homendy, Homendy, there’s, ” Homendy, ”, Amit Bose Organizations: —, National Transportation Safety, Federal Railroad Administration, Railroad Association, Norfolk Southern, NTSB, Union Pacific, Metrolink, Amtrak Locations: OMAHA, Neb, Ohio, Norfolk, East Palestine, Pennsylvania, Palestine, Chatsworth , California, Chatsworth, Philadelphia

Chief among those is getting munitions for Israel's Iron Dome air defense system sped along. President Joe Biden said Tuesday that resupplying Iron Dome munitions and air defense systems was an immediate priority. “We’re surging additional military assistance, including ammunition and interceptors to replenish Iron Dome,” Biden said. Raytheon produces most of the missile components for Iron Dome in the U.S., and the Army has two Iron Dome systems in its stockpile. Neither the Air Force nor Central Command would comment on what additional missions U.S. airpower might take on in response to the conflict.

Persons: Lloyd Austin, Joe Biden, ” Biden, “ We’re, Gerald R, Dwight D, Eisenhower, Biden, John Kirby, Frank Kendall, Kendall, hadn't, Colleen Long Organizations: WASHINGTON, Hamas, Israel . Defense, Raytheon, Israel Defense Forces, Iron Dome, Army, Pentagon, Ford, Italian Navy, Hawkeye, Eisenhower, AIR FORCE, Air Force, Atlantic Council, U.S . Air Force, Central Command, Associated Press Locations: U.S, Norfolk , Virginia, Israel, Iran, Iron, Syria

BOSTON (AP) — Police in Massachusetts said Thursday that they are pursuing assault and battery and disorderly conduct charges against three Rhode Island men in the recent death of a fan at a New England Patriots game. Police didn't name the men or say when a probable cause hearing about the charges might happen. The final cause of death remains undetermined, pending additional tests by the chief medical examiner's office. Joey Kilmartin, who was at the game, said he saw Mooney, a Patriots fan, jawing with another fan. Mooney walked over to the fan and they began to tussle.

Persons: Dale Mooney, Mooney, Joey Kilmartin, Mooney “, ” Organizations: BOSTON, — Police, Rhode, New England Patriots, Foxborough Police, Gillette, Police, Miami Dolphins, Patriots Locations: Massachusetts, Newmarket , New Hampshire, Norfolk County

Paul-Henri Nargeolet was the director of underwater research for RMS Titanic, Inc, the Georgia-based firm that recovers and exhibits Titanic artifacts. Nargeolet was lending his expertise to a separate company, OceanGate, when he and four others died on the Titan's final dive near the Titanic in June. The former French navy officer had already completed 37 dives and supervised the recovery of about 5,000 Titanic artifacts. A hearing was still scheduled for Friday afternoon in U.S. District Court in Norfolk, Virginia, which oversees Titanic salvage matters. The firm said it “will not recover artifacts at this time, nor conduct other activity that would physically alter or disturb the wreck,” the company wrote Wednesday.

Persons: Paul, Henri Nargeolet, Nargeolet, RMST, “, Jessica Sanders, Henri ‘ P.H, ’ Nargeolet, ” Organizations: U.S ., French, Marconi, U.S . Coast Guard, U.S, Britain Locations: NORFOLK, Va, U.S, Georgia, That's, Southampton, England, New York, Norfolk , Virginia, Britain, Norfolk

☆ The US is thinking about sending another aircraft carrier into waters near Israel, possibly to back up the Ford strike group: reports
▼ + stars: | 2023-10-10 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

The US is considering sending a second aircraft carrier to the eastern Mediterranean, reports say. USS Dwight D. Eisenhower is already set to pass through the general area on a scheduled deployment but could be tasked to waters near Israel. The USS Dwight D. Eisenhower and its escorts could join the USS Gerald R. Ford Carrier Strike Group in waters near Israel in the coming weeks, US defense officials told The Wall Street Journal on Tuesday. Smith Collection/Gado/Getty ImagesThe USS Dwight D. Eisenhower is a nuclear-powered Nimitz-class aircraft carrier originally commissioned in 1977. "Often the presence of an aircraft carrier has deterred potential adversaries from striking against US interests," the Navy says on its website.

Persons: Dwight D, Eisenhower, —, Gerald R, it'll, Taji, Israel —, Dwight D Eisenhower, Smith, Hezbollah —, US State Department — Organizations: Aircraft, Service, Hamas, Ford Carrier Strike, Wall, ABC News, Ford, VOA, US Department of Defense, Saturday, Israel, Naval, United States, Nimitz, aircraft, Navy, " Aircraft, Hezbollah, US State Department Locations: Israel, Iraqi, Baghdad, Gaza, Norfolk , Virginia, Iraq, Afghanistan, Lebanon, Iran, Tehran

☆ Stocks making the biggest moves midday: General Dynamics, United Airlines, Spotify and more
▼ + stars: | 2023-10-09 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Spotify — Shares of the music streaming service company fell 2.5% after Redburn Atlantic downgraded the streaming giant to neutral from buy. Tesla — The automaker's stock fell 2.3% in Monday trading upon news that the company's year-over-year sales declined 10.9% in China last month, according to data from the China Passenger Car Association. Oil stocks — Energy stocks soared following the escalation of the Israel-Hamas conflict over the weekend. Airline stocks — On a broader level, airline names were down after several major airlines suspended service to Israel following this weekend's attacks. United Airlines slid 5.3%, while Delta Air Lines and American Airlines shed 4.5% and 5.3%, respectively.

Persons: Elizabeth, Saket Kalia, Bristol Myers, Tesla, Baird, — Datadog, Hess, Northrop Grumman, Yun Li, Tanaya Macheel, Sarah Min, Jesse Pound Organizations: General Dynamics Corp, Spotify, Atlantic, Amazon, Barclays, Therapeutics, Bristol, Bristol Myers Squibb, China Passenger Car Association, Motorola Solutions, Motorola, Bank of America, — Energy, Halliburton, CF Industries, Defense, L3Harris Technologies, General Dynamics, Airline, United Airlines, Delta Air Lines, American Airlines Locations: NASSCO, Norfolk , Virginia, China, Israel, Palestine

WASHINGTON (AP) — The State Department said Monday that at least nine American citizens have been killed in the weekend Hamas attacks on Israel, raising the toll from four. It was not clear whether the missing had been taken hostage, were killed or were in hiding. The attack by Hamas and Israel's response have left more than 1,100 dead and thousands wounded on both sides. The White House has received assurances that the Senate Foreign Relations Committee will push forward hearings for Lew, the official added. But the Israeli government formally declared war Sunday and gave the green light for “significant military steps” to retaliate against Hamas.

Persons: ”, Matthew Miller, Joe Biden’s, Obama, Jack Lew, Lew, Tom Nides, Biden, Lloyd Austin, Gerald R, Ford, Thomas Hudner, Ramage, USS Carney, Roosevelt, ” Austin, Chuck Schumer, Israel Organizations: WASHINGTON, State Department, White, White House, U.S, Foreign, Sunday, Ford, Air Force, Pentagon Locations: Israel, U.S, Normandy, Norfolk, Virginia, Italy, United States

WASHINGTON (AP) — Defense Secretary Lloyd Austin said Sunday he has ordered the Ford carrier strike group to sail to the Eastern Mediterranean to be ready to assist Israel after the attack by Hamas that has left more than 1,000 dead on both sides. But the Israeli government formally declared war Sunday and gave the green light for “significant military steps” to retaliate against Hamas. Political Cartoons View All 1202 Images“The U.S. maintains ready forces globally to further reinforce this deterrence posture if required,” Austin said in a statement. In addition, the Biden administration “will be rapidly providing the Israel Defense Forces with additional equipment and resources, including munitions. The Norfolk, Virginia-based carrier strike group( was already in the Mediterranean.

Persons: Lloyd Austin, Gerald R, Ford, Thomas Hudner, Ramage, USS Carney, Roosevelt, ” Austin, Biden, “, Joe Biden, Benjamin Netanyahu, Netanyahu, ”, Matthew Lee Organizations: WASHINGTON, —, Sunday, Ford, U.S, Embassy, Air Force, Israel Defense Forces, Israeli Locations: United States, Jerusalem, U.S, Normandy, Norfolk, Virginia, Italy, Israel

☆ As China churns out warships, the US Navy is looking for drones and AI to help it pick up the pace at its struggling shipyards
▼ + stars: | 2023-10-05 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Meanwhile, China's navy is growing thanks to shipyards that churn out naval and commercial ships. The US Navy is now looking for new tools to improve maintenance and reduce delays at its shipyards. AdvertisementAdvertisementWith maintenance backlogs hampering fleet readiness, the US Navy is hoping that autonomous systems and artificial intelligence can fix its overburdened shipyards. The solicitation cited penetrant testing, ultrasonic testing, and magnetic testing as possible solutions. AdvertisementAdvertisementAt the same time, "the Federal Government sees the development of these capabilities as benefiting industrial maintenance activities in partnership with the Navy at commercial shipyards.

Persons: —, PO1 Emmitt, MCS3 Brandon Roberson, Michael Peck Organizations: US Navy, Service, Technologies, DON, Department of, Navy, sustainment, Corpus Christi, Navy Shipyards, Norfolk Naval Shipyard, PO1 Emmitt Hawks, Federal Government, Labor, Office, Defense, Foreign Policy, Twitter, LinkedIn Locations: Corpus, Pearl, Norfolk, Boise, China, Forbes

Some railroad unions want more scrutiny of the safety of remote control operations major railroads have used for years in and around railyards without significant problems. Remote control train operators might have only a month or two of training before taking the controls, although the length of training varies by railroad. Safety statistics on railroad crashes are unclear because Federal Railroad Administration reports don't break out those involving remote control trains from incidents involving trains operated by engineers and conductors. Grissom said his union has had three members die in incidents involving remote control trains since 2015. He said Anderson's death, combined with fiery derailments that have happened across the country this year, reinforce the need for stronger railroad safety regulations.

Persons: Don Grissom, Brotherhood of Railway Carmen, ” Grissom, Grissom, hasn't, Fred Anderson, carmen, Anderson, Bryan Tucker, didn't, Eddie Hall Organizations: CSX, Brotherhood of Railway, National Transportation Safety, Federal Railroad Administration, NTSB, of Locomotive Engineers, Railroad Administration, Norfolk Southern Locations: OMAHA, Neb, railyards, Walbridge , Ohio, Jacksonville , Florida, Norfolk, East Palestine, Ohio

(AP) — The federal government has joined several former workers in suing Union Pacific over the way it used a vision test to disqualify workers the railroad believed were color blind and might have trouble reading signals telling them to stop a train. Union Pacific didn't immediately respond to questions about the lawsuit Monday. The EEOC said in its lawsuit that the test doesn't replicate real world conditions or show whether workers can accurately identify railroad signals. Some of the workers who sued had failed Union Pacific's “light cannon” test but passed another vision test that has the approval of the Federal Railroad Administration. The workers involved in the lawsuit were doing their jobs successfully for Union Pacific for between two and 30 years.

Persons: ”, Gregory Gochanour, EEOC Organizations: Union Pacific, Pacific, EEOC’s Chicago, Federal Railroad Administration Locations: OMAHA, Neb, Norfolk Southern, Ohio, Pennsylvania, East Palestine, Pacific, Minnesota , Illinois, Arizona , Idaho , California , Kansas , Nebraska , Oregon, Washington, Texas, The Omaha , Nebraska

☆ Stocks making the biggest moves midday: Sphere Entertainment, Riot, Instacart, Insulet and more
▼ + stars: | 2023-10-02 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading. Sphere Entertainment — Shares of the media and entertainment company climbed 11.1% in midday trading after a U2 show debuted its Las Vegas Sphere venue Friday night. Bitcoin stocks — Stocks tied to digital currency trading advanced in lockstep with a rally in crypto prices. Instacart — Maplebear, the food delivery company doing business as Instacart, fell 9.2% in midday trading. The Wall Street bank said investors should buy the dip after the stock's underperformance in the first half of 2023.

Persons: — Stocks, MicroStrategy, —, — Maplebear, Gordon Haskett, Insulet, Jefferies, Goldman Sachs, Goldman, Truist, Yun Li, Lisa Kailai Han, Pia Singh, Michelle Fox, Sarah Min, Scott Schnipper Organizations: Madison Square Garden, —, Riot, Marathon, Discover Financial, U.S . Securities, Exchange, Federal Deposit Insurance Corporation, Coeur Mining, Hecla Mining, Harmony, Mining, Gold Resource, Barclays, Norfolk Southern, Bank of America, Nvidia —, Nvidia, Apple, JPMorgan, UBS Locations: Las Vegas, lockstep, Coeur, Wall

☆ Here are Monday's biggest analyst calls: Apple, Meta, Rivian, Nvidia, Amazon, U.S. Steel, FedEx & more
▼ + stars: | 2023-10-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: Goldman Sachs adds Nvidia to the conviction buy list Goldman said the stock is well positioned to benefit for AI. UBS initiates Sunnova as buy UBS said the solar company is best positioned to take share. Morgan Stanley upgrades U.S. Steel to overweight from equal weight Morgan Stanley said in its upgrade of the steel stock that the transformation continues. UBS reiterates Amazon as buy UBS raised its price target on Amazon to $180 per share from $175 and says it's bullish on ads in Prime video content. Morgan Stanley reiterates TJX Companies as overweight Morgan Stanley said it's sticking with its overweight rating after a meeting with company management.

Persons: Goldman Sachs, Goldman, bullish, Evercore, RIVN, Gordon Haskett, Piper Sandler, Piper, Jefferies, Truist, Wells, ROY, SolarEdge, Morgan Stanley, Davidson, CLX, it's Organizations: Nvidia, UFC, WWE, UBS, NOVA, Susquehanna, FedEx, Meta Connect, Microsoft, Barclays, JPMorgan, Apple, Steel, Bank of America, NSC, Amazon, TJX Companies Locations: PODD, GLP, 3Q23, 2Q23, 1Q23, 4Q23, Europe, Bank of America downgrades Norfolk Southern

☆ Cheap stocks to buy after the worst sell-off in months
▼ + stars: | 2023-09-27 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

After the worst sell-off in months, CNBC Pro sought to find stocks trading at deeply discounted levels that could pay off for investors buying for the long term. Fears of longer-than-expected interest rate hikes hammered down on stocks this week. Citigroup last week trimmed its price target on Devon Energy by $2 to $55 and maintained its buy rating. Other energy names Eversource and Atmos , both in the red for the year, are also trading at significant discounts. Recent highs in oil prices have driven bullish sentiment on energy stocks.

Persons: Wall, Darden Organizations: CNBC Pro, Dow Jones, Olive Garden, Devon Energy, Citigroup, Depot, Norfolk Southern Locations: Olive

☆ Esther Fung — Reporter at The Wall Street Journal
▼ + stars: | 2023-09-25 | by ( Esther Fung | ) www.wsj.com time to read: 1 min

Esther FungEsther Fung is a reporter in The Wall Street Journal's corporate bureau in New York, where she writes about parcel-shipping companies like FedEx and UPS, freight railroads like Union Pacific, CSX and Norfolk Southern, the U.S. Postal Service and the logistics industry. She covers the ways goods are moved around the world and onto people's doorsteps. Esther previously covered the real-estate markets in the U.S. and China, and is a former Knight-Bagehot fellow at Columbia University.

Persons: Esther Fung Esther Fung, doorsteps, Esther Organizations: FedEx, UPS, Pacific, CSX, Norfolk Southern, U.S . Postal Service, Columbia University Locations: New York, U.S, China

WASHINGTON (AP) — The Biden administration announced Monday that it has awarded more than $1.4 billion to projects that improve railway safety and boost capacity, with much of the money coming from the 2021 infrastructure law. The projects include track upgrades and bridge repairs, in addition to improving the connectivity among railways and making routes less vulnerable to extreme weather. “We’ve been fighting to return passenger trains to the Gulf Coast since it was knocked offline by Hurricane Katrina. A project in Kentucky will receive $29.5 million to make improvements to 280 miles of track and other infrastructure along the Paducah and Louisville Railway. And in Tennessee, $23.7 million will go to helping upgrade about 42 bridges on 10 different short-line railroads.

Persons: —, Pete Buttigieg, Hurricane Katrina, Katrina, ” Sen, Roger Wicker, “ We’ve, Jim Mathews Organizations: WASHINGTON, Biden, Hurricane, Amtrak, CSX, Norfolk Southern, ” Rail Passengers Association, Railroad, Paducah and Louisville Railway, & $ Locations: Alabama , Louisiana, Mississippi, of Mexico, Gulf, Gulf Coast, Coulee, Washington, Kentucky, Paducah, Tennessee

Part of the order essentially directed the environmental, health and transportation officials to continue doing what they are doing to make sure Norfolk Southern fulfills its responsibilities and report on the progress. Norfolk Southern has also promised to pay for upgrading East Palestine's parks and water treatment center. Norfolk Southern has also said it will establish funds to pay for lost home values, any long-term health concerns and water contamination issues that result from the derailment. “From the beginning, Norfolk Southern has committed to making it right in East Palestine and covering all costs associated with the clean-up. “This is an overdue but welcomed step to support the people of East Palestine,” said Brown.

Persons: Joe Biden, Biden, Mike DeWine, Dan Tierney, “, Jessica Conard, Jami Wallace, Sen, Sherrod Brown, ”, Brown, aren't, Patrick Orsagos Organizations: Norfolk Southern, FEMA, Federal Emergency Management Agency, Ohio Gov, Southern, Norfolk, Ohio, East, East Palestine Unity Council, Norfolk Southern ., Associated Press Locations: Ohio, Pennsylvania, East Palestine, Norfolk Southern, Palestine, Norfolk, Atlanta, Norfolk Southern . U.S, Columbus , Ohio

Knowing which hazardous materials are on a train is key to helping firefighters decide how to respond and whether evacuations are needed. The railroads worked with emergency responders to develop the AskRail app in 2014 that firefighters could download to their phones or the computers mounted within their fire trucks. That move made the AskRail information available to about 2.3 million firefighters with hazardous materials training. Railroads are trying to ensure the information is available in multiple places to reduce the chances that firefighters will struggle to find out what is on a train after a derailment. If that effort succeeds across the Atlanta-based railroad's 22-state network in the East, the other major railroads could follow.

Persons: “ It’s, ”, Eric Brewer, “ We’re, Jessica Kahanek, Jose Mejia Organizations: —, Norfolk Southern, Association of American Railroads, Railroads, Norfolk Locations: OMAHA, Neb, Norfolk, Ohio, East Palestine , Ohio, Pennsylvania, Beaver County , Pennsylvania, East Palestine, United States, Canada, Atlanta, Norfolk Southern, railyards

CNN —Millions of American homeowners could see insurance rates surge in the coming years in part due to worsening climate disasters, new data shows. It’s another alarming sign for the future of America’s homeowners’ insurance market. “We’re still kind of at the forefront of the insurance industry pricing in climate risk into the real estate market,” Porter told CNN. Premiums are at risk of surging to a lesser extent in cities across the country, First Street data shows. “I know where the places are where people are dropping their insurance — it’s Florida, Louisiana, California and Colorado,” Bach told CNN.

Persons: ”, David Jones, Jeremy Porter, “, ” Porter, Hurricane Ian, Matias J, Jones, ” Jones, Amy Bach, Bach, ” Bach, Kyle Grillot, Reuters Jones, Porter, ‘ I’m, it’s Organizations: CNN, Foundation, UC Berkeley’s Center for Law, Energy, Hurricane, Miami Herald, Tribune, Service, Los, National Flood Insurance, FEMA, United, Residents, Reuters Locations: California , Florida, Louisiana, California, Matlacha , Florida, Florida, Texas, Vermont, Montpelier . Kentucky, West Virginia, Miami, Jacksonville, New Orleans, East Coast, Atlantic City , New Jersey, Virginia Beach, Norfolk , Virginia, Wilmington , North Carolina, Charleston , South Carolina, Savannah , Georgia, New York City, Phoenix, Chicago , Pittsburgh, Louisville, Cincinnati, West Coast, Riverside , California, Los Angeles, Gulf Coast, Plaquemines Parish , Louisiana, Collier County , Florida, Colorado, Wrightwood , California

☆ A worker was killed after being hit by a remote-controlled train in Ohio. Now, unions are calling for change.
▼ + stars: | 2023-09-19 | by ( Associated Press | ) www.businessinsider.com time to read: +3 min

A railroad worker is dead after being hit by a remote-controlled train on a CSX railyard in Ohio. This is the third time a railway worker has been killed in an incident involving a remote-controlled train. The National Transportation Safety Board is investigating the death, which happened shortly before 4 a.m. Sunday in Walbridge, Ohio. AdvertisementAdvertisementTypically, a railroad worker stationed on the ground near a train controls its movements with a remote, although sometimes that worker rides aboard the train while it is moving. Railroad safety has been a key concern nationwide this year ever since a Norfolk Southern train derailed and caught fire in eastern Ohio in February.

Persons: Brotherhood of Railway Carmen, Keith Holloway, Fred Anderson, carman, Artie Maratea, Sheriee Bowman Organizations: CSX, Service, Transportation Communications Union, Brotherhood of Railway, National Transportation Safety, CSX —, Federal Railroad Administration, Railroad Locations: Ohio, Wall, Silicon, Walbridge , Ohio, Jacksonville , Florida, Norfolk Southern

(AP) — Investigators say the blast that prompted evacuations near Union Pacific's massive railyard in western Nebraska last week appears to be accidental, but it's not yet clear what caused it. The chief investigator for the fire marshal’s office, Adam Matzner, said Tuesday that investigators haven’t found any sign of a criminal act connected with the explosion, so the incident appears accidental. A spokesman for the Federal Railroad Administration said Tuesday that he couldn’t provide any additional details about the agency’s investigation. North Platte is located about 230 miles (370 kilometers) east of Denver and about 250 miles (400 kilometers) west of Omaha. Union Pacific is one of the nation's largest railroads with more than 32,000 miles (nearly 51,500 kilometers) of track crisscrossing 23 Western states.

Persons: Adam Matzner, haven’t, Kristen South, Pacific's Organizations: —, Nebraska State Fire, Federal Railroad Administration, Union Pacific Locations: OMAHA, Neb, Union, Nebraska, North Platte, Denver, Omaha, The, Ohio, East Palestine , Ohio

Search resuls for: "norfolk"

25 mentions found