That’s according to new figures released by environmental officials—a huge increase from the original estimate of 3,500. All of the animals killed by the toxic train derailment wereaquatic species, but none appear to have been endangered or threatened. Officials also said that live fish have reappeared in one of the waterways impacted by the derailment.
More than 1,100 flights were canceled and nearly 1 million people were ...
More than 1,100 flights were canceled and nearly 1 million people were left without power yesterday evening after a major winter storm dropped snow and ice from sea to shining sea. Portland, OR, came to a halt after receiving nearly 11 inches of snow—the city’s second-snowiest day on record. The storms aren’t over: Down in SoCal, Mount Baldy east of LA is forecast to get 4.5 feet of snow by Saturday. But things couldn’t have been more different in Washington, DC, which baked in 81-degree temps yesterday.
Oil Falls After The EIA Confirms Another Large Crude Build
Crude oil prices fell today after the U.S. Energy Information Administration ...
Crude oil prices fell today after the U.S. Energy Information Administration reported a crude oil inventory build of 7.6 million barrels for the week of February 17.
This compared with a weekly build of 16.3 million barrels reported for the previous week, but since the size of the build was the result of data adjustment than an actual accumulation of crude in storage, the market largely shrugged it off.
At 479 million barrels, U.S. crude oil inventories are above the five-year average for this time of the year.
S&P 500 snaps 4-day losing streak as stocks end choppy session higher
The S&P 500 snapped a four-day losing streak Thursday as stocks ended higher after visiting both...
The S&P 500 snapped a four-day losing streak Thursday as stocks ended higher after visiting both sides of unchanged in choppy trading. Investors continue to weigh the path for Federal Reserve rate hikes amid growing expectations the central bank will keep borrowing costs elevated for a lengthy period in its effort to bring down inflation in the face of sticky price data and a robust labor market. The Dow Jones Industrial Average DJIA, 0.33% rose around 111 points, or 0.3%, to close near 33,156, according to preliminary figures, while the S&P 500 SPX, 0.53% gained around 21 points, or 0.5%, to finish near 4,012. The Nasdaq Composite COMP, 0.72% ended near 11,590, up around 83 points, or 0.7%.
Norfolk Southern has lost $6.7 billion in market cap since Ohio train derailment
Shares of Norfolk Southern Corp. ...
Shares of Norfolk Southern Corp. NSC, +0.03% bounced 0.4% in morning trading Thursday, after closing the previous session at a four-month low as the railroad operator continued to face backlash from the Ohio train derailment three weeks ago. On Thursday, U.S. Transportation Secretary Pete Buttigieg visited East Palestine, as the Biden Administration has also faced growing criticism over the federal response to the derailment. Norfolk Southern’s stock has tumbled 11.6% since the Feb. 3 derailment, which translates to about $6.68 billion in lost market capitalization. In comparison, shares of rivals Union Pacific Corp. UNP, +0.27% have shed 8.7% since Feb. 3 and CSX Corp. CSX, +1.27% have lost 5.7%. The Dow Jones Transportation Average DJT, +0.67% has declined 5.5% and the Dow Jones Industrial Average DJIA, -0.36% had slipped 2.8% over the same time.
