The crash that killed 275 people and injured hundreds more on Friday night was caused by an ...
The crash that killed 275 people and injured hundreds more on Friday night was caused by an error in the electronic signal system, officials said. The system mistakenly guided a passenger train to travel along a track that made it collide with a freight train and derailed cars from that passenger train rolled over to another track, causing a second passenger train to derail. India will conduct a full investigation into how this happened, and the stakes are high: About 22 million people ride trains in India per day, according to the AP.
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LyondellBasell Pushes Back Houston Oil Refinery Closure
LyondellBasell Industries is pushing back plans to shutter its...
LyondellBasell Industries is pushing back plans to shutter its oil refinery on the Houston Ship Channel.The petrochemical company had anticipated shuttering the Houston oil refinery by the end of 2023.
LyondellBasell now plans to close the refinery and fully exit the refining business by the end of first-quarter 2025, the company announced. The company is evaluating new uses for the site, including hydrogen production or other green energy uses.
The refining complex, which produces products including gasoline, diesel, jet fuel, and lubricants, traces its origins back to 1918 and was one of the first petroleum refineries built along the Houston Ship Channel.
Don’t use Venmo to park your cash, regulator warns
Venmo may be the best way to remind your friend that she still hasn’t settled up for her share of last...
Venmo may be the best way to remind your friend that she still hasn’t settled up for her share of last month’s group dinner, but it’s not much better than stuffing bills under your mattress when it comes to keeping your money safe long-term, the Consumer Financial Protection Bureau cautioned. The app and others, like CashApp, Apple Pay, and PayPal, aren’t banks, so the Federal Deposit Insurance Corporation doesn’t provide insurance for funds stored there, the CFPB pointed out. The agency said there are billions of dollars at risk if these apps suffer an SVB-like failure.
Benchmark U.S. crude oil for July delivery rose $1.64 to $71.74 a barrel Friday. Brent crudefor August delivery rose $1.85 to $76.13 a barrel.
Wholesale gasoline for July delivery rose 6 cents $2.50 a gallon. July heating oilrose 5 cents to $2.36 a gallon. July natural gas rose 1 cent to $2.17 per 1,000 cubic feet.
