Derailed Amtrak train that killed 3 was traveling at more than double the speed limit

Amtrak cascades derailment

The train that derailed in Washington was going 80 mph in a 30 mph zone.
The National Transportation Safety Board cited data from an on-board recorder, which showed the train going much too fast.
It said it was “too early to tell” why it was going so quickly along a bend.
The crash came a month after the NTSB criticized Amtrak’s “safety culture.”
The death toll so far stands at three, with 10 people severely injured.

The Amtrak train that derailed in Washington state on Monday was traveling at more than double its speed limit, federal investigators have said.

Preliminary information from the train’s event data recorder showed that the train was traveling 80 mph in a 30 mph zone when it derailed, US National Transportation Safety Board member Bella Dinh-Zarr said in a press conference Monday night.

An event data recorder documents a vehicle’s movements over a period of time, like a plane’s black box.

Dinh-Zarr said it was “too early to tell” why the train was going so quickly, and that the NTSB does not yet know what caused the train to derail.

The train was making its first journey along a new, faster route from Seattle, Washington to Portland, Oregon, when it derailed derailed at 7.34 a.m. local time.

Several of its train cars flipped onto the Interstate 5 highway in Washington state. At least three people have died, ten have severe injuries, and at least 50 more received some form of medical treatment, according to the Associated Press.

A document from the Washington State Department of Transportation, cited by the Associated Press, instructs passenger trains to reduce their speed from 79 mph to 30 mph before the tracks curve across Interstate 5, which is where the derailment took place.

A spokeswoman for Sound Transit, a regional agency that owns the tracks, said that there are …read more

Source:: Business Insider

THE PAYMENTS INDUSTRY EXPLAINED: The Trends Creating New Winners And Losers In The Card-Processing Ecosystem

This is a preview of a research report from BI Intelligence, Business Insider’s premium research service. To learn more about BI Intelligence, click here.

Digital disruption is rocking the payments industry. But merchants, consumers, and the companies that help move money between them are all feeling its effects differently.

For banks, card networks, and processors, the digital revolution is bringing new opportunities — and new challenges. With new ways to pay emerging, incumbent firms can take advantage of solid brand recognition and large customer bases to woo new customers and keep those they already have.

And for consumers, the digital revolution is providing more choice and making their lives easier. Digital wallets are simplifying purchases, allowing users to pay online with only a username and password and in-store with just a swipe of their thumb.

In a new report, BI Intelligence explores the digital payments ecosystem today, its growth drivers, and where the industry is headed. It begins by tracing the path of an in-store card payment from processing to settlement across the key stakeholders. That process is central to understanding payments, and has changed slowly in the face of disruption. The report also forecasts growth and defines drivers for key digital payment types through 2021. Finally, it highlights five trends that are changing payments, looking at how disparate factors, such as surprise elections and fraud surges, are sparking change across the ecosystem.

Here are some key takeaways from the report:

Digital growth is accelerating the pace at which payments are becoming faster, cheaper, and more convenient. That benefits both nimble startups and legacy providers that invest in innovation.
Mobile payments are continuing to take off. On mobile devices, e-commerce, P2P payments, remittances, and in-store payments are each expected to rise as customer engagement shifts from more established channels.
Power is shifting to companies that control …read more

Source:: Business Insider

Celebration of Roy Halladay extends far beyond on-mound presence

CLEARWATER, Fla. – There’s no way to ease the anguish caused by death’s grim finality, or to make the loss hurt less. The best we can do is find ways to cope amid the sorrow, to seek outlets for the grief. For some two hours Tuesday, a celebration of Roy Halladay’s life at turns poignant, touching, raw and heartbreaking did just that for those mourning the iconic pitcher, who died in a plane crash last week.

Nine different remembrances, sometimes eliciting laughs, more often moistening eyes, extended well beyond Halladay the pitcher, filling in some details of what he was as a son, a friend, a father and a husband. His wife Brandy’s words, forced through tears throughout her 18 minutes on the dais by the mound at the Philadelphia Phillies’ spring home, were especially powerful as she recounted their meeting, their courtship, their marriage and their life.

“I’m not sure how to be me without him,” she said in an achingly eloquent description of her heartbreak.

Over and over, the speakers demonstrated how Halladay’s many accomplishments on the baseball field paled in comparison to the lasting impact he made on so many different lives.

J.P. Ricciardi, his former general manager with the Toronto Blue Jays, delivered his remembrance in the form of a letter to Halladay, and cried when he said, “My life was better because you were in it.”

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