The deadly derailment on Metro-North Railroad’s Hudson Line probably resulted from excessive speed as the train rounded a curve along the Harlem River just north of Manhattan, New York Governor Andrew Cuomo said.
New York’s Metro-North Railroad is shut down along the Hudson River after a train derailment caused the first passenger fatalities in the line’s 30-year history, renewing scrutiny of safety on one of the city’s major mass- transit arteries.
Former Secretary of State Colin Powell, also a former chairman of the Joint Chiefs of Staff, said in an interview with Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that U.S. drone strikes should be limited to targets that present a “real, immediate threat to us” and conducted by the military rather than the Central Intelligence Agency.
The U.S. House of Representatives ethics committee is scheduled to decide tomorrow whether to punish Congressman Charles Rangel , a New York Democrat found guilty of 11 counts of violating House rules.
Jay Levy, who worked with his father, then his son, to publish an economics-forecasting newsletter, now in its seventh decade, that predicted the collapse in housing and latest recession, has died. He was 90.
Alan Abelson, a columnist who cast a skeptical eye on U.S. financial markets and skewered targets from Alan Greenspan to Warren Buffett during more than four decades at Barron’s magazine, has died. He was 87.