Text messages of engineer in deadly train wreck detailed

Trains and text messages made a deadly combination when two locomotives collided head-on last year near Los Angeles, California, witnesses told an investigative panel this week. Metrolink commuter train engineer Robert Sanchez missed a stop signal while trading text messages with a friend on September 12, leading to a collision with a Union Pacific freight train that killed Sanchez and 24 other people in Chatsworth, California.

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Lahore attack puts World Cup in doubt

The future of international cricket in Pakistan, including that country’s intention to host the 2011 World Cup, came under scrutiny after the Lahore attack on the Sri Lanka team that left six security personnel dead and eight players wounded. Pakistan, which is battling Islamist and Taliban insurgents in its North West Frontier Province, has struggled to attract visiting cricket teams in recent years because of security concerns

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Stocks Close Below 7000 to a Twelve Year Low

Stocks crashed through a psychological barrier on Monday, falling below 7000 to close down 4.24% for the day, at 6763 — the first market close under 7000 since May 1997. The broader S&P 500 was down sharply as well, falling 4.66% to finish at 700.82. The market opened on a sharp down note after absorbing a weekend of anxiety over AIG, the black hole of an insurance company that is swallowing another $30 billion of government assistance with no assurance that it won’t need more.

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FDIC Reports That Bank Failures Are Rising

Sheila Bair, head of the Federal Deposit Insurance Corporation , is working hard to reassure everyone that her banks, all 8,305 of them, are safe. Repeating her familiar mantra Wednesday on the CBS Morning Show, Bair said of FDIC-protected accounts, “Nobody’s ever lost a penny of insured deposits.” Bair had good reason to be out on the stump

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Turkish Airlines plane fell ‘vertically’ to ground

The Turkish Airlines plane that crashed this week in Amsterdam fell almost vertically to the ground, making only a short track in the muddy farmer’s field where it went down, Dutch investigators said Friday. That sudden drop indicates the aircraft did not have enough forward speed when it crashed, a spokesman for the Dutch Safety Board said, but the reasons for that are still unclear. It is too early to speculate on the cause of the crash, spokesman Fred Sanders told CNN.

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Surviving Crashes: How Airlines Prepare for the Worst

We tend to think of airplane crashes as fatal events. So when survivors emerge from the carcass of a crumpled jumbo jet, as they did outside Amsterdam’s Schiphol Airport on Wednesday or on the Hudson River in mid-January, the spectacle is often described as “miraculous.” But survival in an airplane crash is no miracle.

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