A transit disaster hits New York City like a heart attack. On Dec. 1, four people died when a Metro- North Railroad train derailed. Explosions, collisions and derailments have shadowed travel in New York since the inception of the transit system two centuries ago and the search for explanations has often tapped into larger fears.
The doors of Larry Ellison’s waterfront hangar on San Francisco Bay slide open and more than a dozen men in hard hats roll out the billionaire’s latest technological marvel. Built to defend the America’s Cup starting here on Sept. 7, Oracle Team USA 17 is a catamaran named after the company that made Ellison the eighth-richest person on the planet.
It was Friday, Nov. 8, 1833, and the New Jersey train from Amboy to Bordentown was jammed. VIPs onboard included former U.S. President John Quincy Adams. A fire broke out and a carriage derailed, leading to the first recorded train accident involving the death of passengers.
On June 27, 1848, Daniel Drew found himself in court over insider trading. Not because it was illegal; there was no law against it at the time. Rather, his partners had sued him because he hadn't divided the profits fairly.