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  • Amtrak train going twice the legal limit   Thursday, 14 May 2015 | 6:22 AM ET
    Amtrak train going twice the legal limit

    Chris Pollone, NBC News, reports the latest details on the Amtrak crash that left seven people dead and hundreds injured.

  • PHILADELPHIA— Federal investigators have determined that an Amtrak train that crashed in Philadelphia, killing at least seven people, was careening through the city at 106 mph before it ran off the rails along a sharp curve where the speed limit drops to just 50 mph, yet they still don't know why it was going so fast. Robert Sumwalt, of the National Transportation...

  • NEW YORK, May 14- Even as the rise of online retailers such as Amazon.com Inc leads analysts to predict the eventual death of the American shopping mall, real estate fund managers are betting some will prosper- if they can lure the right kind of consumer. Simon Property Group Inc, the largest high-end mall operator in the country with properties including Palo Alto,...

  • Investigators: Train in deadly wreck was speeding 106 mph Thursday, 14 May 2015 | 12:43 AM ET

    PHILADELPHIA— The Amtrak train that crashed in Philadelphia, killing at least seven people, was hurtling at 106 mph before it ran off the rails along a sharp curve where the speed limit drops to just 50 mph, federal investigators said Wednesday. The engineer applied the emergency brakes moments before the crash but slowed the train to only 102 mph by the time the...

  • Amtrak to operate system that might have prevented crash Thursday, 14 May 2015 | 12:41 AM ET

    WASHINGTON— The deadly Amtrak derailment near Philadelphia appears to be yet another accident that didn't have to happen. On Thursday, Amtrak President Joseph Boardman said the nation's passenger railroad will begin operating the technology, called positive train control, throughout its busy Northeast Corridor by the end of the year.

  • NTSB: Amtrak train was traveling at more than 100 mph Wednesday, 13 May 2015 | 8:10 PM ET
    Men walk towards the site of a derailed Amtrak train in Philadelphia, May 13, 2015.

    The Amtrak train that crashed in Philadelphia was traveling at more than 100 mph before it derailed, killing seven people, officials said.

  • The Republican-controlled House of Representatives Appropriations Committee rejected a Democratic bid to provide Amtrak the full $2.45 billion in funds for the upcoming fiscal year requested in President Barack Obama's budget. The cause of Tuesday's crash has only begun to be investigated, but federal investigators said preliminary data showed the...

  • May 13- The U.S. National Transportation Safety Board has opened a broad investigation into the cause of the train derailment north of Philadelphia that left at least six people dead, an official for the agency said on Wednesday. "We're looking at the track, the train signals, the operation of the train, the mechanical condition of the train, human performance," NTSB...

  • Amtrak train derails in Philadelphia   Wednesday, 13 May 2015 | 7:00 AM ET
    Amtrak train derails in Philadelphia

    An Amtrak train killed several when it derailed on Tuesday, but authorities have yet to officially determine a cause. CNBC's Kate Rogers reports.

  • Passengers speak out after deadly Amtrak crash   Wednesday, 13 May 2015 | 6:00 AM ET
    Passengers speak out after deadly Amtrak crash

    Several passengers from the deadly train derailment talk about the harrowing experience.

  • US STOCKS-Wall St mixed at open; energy shares fall Monday, 11 May 2015 | 10:27 AM ET

    *Rosetta soars as Noble Energy offers to buy company for $2 bln. *Zulily rises after Alibaba increases stake. Exxon Mobil shares fell 1.1 percent to $87.28.

  • *Rosetta soars as Noble Energy offers to buy company for $2 bln. *Zulily rises after Alibaba increases stake. "There will be some carry-over from the positive jobs report but not at the same magnitude," said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia.

  • Federal Reserve Chair Janet Yellen warned of high valuations, adding to anxiety about future interest rates and a global bond rout. Atlanta Federal Reserve bank president Dennis Lockhart said he still expects it will be appropriate to raise interest rates some time in the middle of the year, and that market expectations of a September increase were in "...

  • Federal Reserve Chair Janet Yellen warned of high valuations, adding to anxiety about future interest rates and a global bond rout. Atlanta Federal Reserve bank president Dennis Lockhart said he still expects it will be appropriate to raise interest rates some time in the middle of the year, and that market expectations of a September increase were in "...

  • *Private employers add fewest jobs since Jan 2014. Federal Reserve Chair Janet Yellen warned of high valuations, adding to anxiety about a global bond rout and upcoming economic data. "Everyone is obsessed with the Fed," said Michael Church, president of Addison Capital Management in Philadelphia.

  • *Stand-off in Greece's debt talks bogs down sentiment. NEW YORK, May 5- Long-term U.S. The two-week selloff in Treasuries, German Bunds and British gilts stemmed from a host of factors including heavy debt supply, less pessimism about Europe, and easing downward pressure on U.S. and European inflation.

  • The $51.4 billion deficit was the highest in nearly 6-1/ 2 years and larger than the $45.2 billion the government assumed in its snapshot of first-quarter gross domestic product last week. "Everyone is now keeping an eye on Friday's jobs numbers to see if last month's dismal numbers were a momentary blip or for real," said Kim Forrest, senior equity research...

  • OMAHA, Neb., May 1- Warren Buffett's Berkshire Hathaway Inc on Friday said first-quarter profit rose 10 percent, and operating results easily beat forecasts, boosted by its railroad and insurance businesses and gains from derivatives. Net income for the Omaha, Nebraska- based insurance and investment conglomerate rose to $5.16 billion, or $3,143 per share, from...

  • ORANGE, Calif./ PHILADELPHIA, May 1- The Federal Reserve could well raise interest rates as soon as June, two top U.S. central bankers said on Friday, so long as economic data strengthens as expected from a dismal first quarter. The key, both Loretta Mester, president of the Cleveland Fed, and John Williams, president of the San Francisco Fed, said, is that by a quirk of the...

  • DIARY- Top Economic Events to May 14 Thursday, 30 Apr 2015 | 8:01 PM ET

    BOSTON- Federal Reserve Bank of Boston President Eric Rosengren gives welcome and opening remarks before the Economic Growth and Regulatory Paperwork Reduction Act Outreach Meeting hosted by the bank- 1300 GMT. BOSTON- Federal Reserve Board Governor Daniel Tarullo speaks at opening session before the Economic Growth and Regulatory Paperwork Reduction...