Cost associated with Norfolk Southern's Ohio derailment more than doubles to $803 million
Norfolk Southern recorded another $416 million in charges related to the fiery derailment in East Palestine, Ohio. The total cost of the derailment is currently $803 million.
10 Canadian National Railway cars derail in northern Minnesota, no injuries reported
At least 10 Canadian National Railway cars derailed in northern Minnesota on July 17, 2023. No injuries or hazardous material spills were reported.
10 years after filing for bankruptcy, Detroit boasts balanced budget, improved services
It has been 10 years since Kevyn Orr helped the city of Detroit, Michigan, file for bankruptcy. Now the city boasts a balanced budget and improved services.
Fire breaks out at Dow's Louisiana chemical facility
An explosion at Dow's Plaquemine, Louisiana, chemical facility caused a fire to break out. Officials are looking into the cause of the explosion.
Founder of failed crypto lending platform Celsius Network arrested on fraud charges
Alexander Mashinsky, the former CEO and founder of Celsius Network, has been arrested on federal fraud charges. He is accused of misleading customers about key aspects of his company.
NTSB: Broken part in the landing gear prevented Delta plane from landing normally
Delta plane's pilots were unable to lower the nose landing gear before landing in Charlotte, North Carolina last month due to a broken part, according to investigators.
Companies owned by West Virginia Gov. Jim Justice to catch up on fines over unsafe mining conditions
Over two dozen companies owned by West Virginia Gov. Jim Justice will pay its mine safety fines. Justice was ordered to pay $5.1 million in 2020.
Dozens of insurance companies suing MN-based Xcel energy for allegedly causing destructive Colorado wildfire
Xcel Energy is being blamed for causing the Colorado wildfires that destroyed nearly a thousand homes. Dozens of insurance companies are suing Xcel for the accident.
After Dodge driver was killed by exploding airbag, company urges Ram owners to stop driving certain models
The driver of a 2003 Dodge Ram was killed by an exploding Takata airbag inflator on May 13, 2023. Now the company is urging drivers of certain rams to stop driving the vehicles.
Self-proclaimed 'Wolf of Airbnb' pleads guilty to wire fraud charges
Konrad Bicher, the 31-year-old, self-proclaimed "Wolf of Airbnb," has pleaded guilty to wire fraud charges after admitting to gaining around $2 million by defrauding landlords.
Investment group including Hollywood star Ryan Reynolds backs F1 team Alpine in $218 million deal
An investment group including Ryan Reynolds and Rob McElhenney is set to back F1 team Alpine with a $218 million investment. The group is set to acquire a 24% stake in the team.
Who is Hamish Harding, the British businessman and explorer aboard missing Titanic sightseeing sub?
British millionaire and Action Aviations chairman Hamish Harding is reportedly aboard a submersible that went missing while en route to the wreck of the Titanic.
Biden to host Airbnb, Ticketmaster execs in pursuit of 'junk fee' crackdowns
The White House is set to host several corporate executives Thursday in a push by the Biden administration to help rectify the levying of so-called "junk fees."
Company that recycles plastic into clean fuels coming to West Virginia
West Virginia Gov. Jim Justice announced that a company that converts plastic into clean fuels such as hydrogen will be coming to the state near Charleston.
Power broker Jimmy Dunne helped spark negotiations in PGA, LIV merger
Jimmy Dunne, a power broker in golf and on Wall Street, helped bring Jay Monahan and Yasir Al-Rumayyan to the negotiating table in the PGA Tours merger with LIV.
Acquirer of Silicon Valley Bank announces layoffs at the failed institution
First Citizens Bank announced Wednesday they will be laying off employees. The bank took over the remnants of Silicon Valley Bank after it failed during a March bank run.
Major Massachusetts health insurer victim of ransomware attack, members information potentially compromised
Point32Health, one of the largest health insurers in Massachusetts, is the victim of a recent ransomware attack. The information of members may have been compromised in the attack.
Summer travelers look for new ways to save money as prices rise across the US
Travelers are looking for new ways to save money as prices rise across the country. Some people are settling for fewer trips, while others are driving to save money on airfare.
British economy expected to avoid recession this year, according to IMF forecasts
New forecasts from the International Monetary Fund have upgraded growth for Britain, meaning the country will most likely not fall into a recession this year.
Dubai's red-hot real estate may acquire another architectural wonder with $5 billion man-made ‘moon’
A Canadian entrepreneur has proposed a plan to construct a 900-foot replica of the moon to sit atop a building in Dubai, home of some of the world’s greatest architectural wonders.