There is much we do not know about yesterdays deadly Train Derailment but we know this. It was traveling at an extraordinary rated of speed, almost three times the limit as it approached a dangerous term. Several cars jumped the track leaving the scene of devastation. Four passengers were killed. Scores injured. Investigate orders are trying to figure out what went wrong and why. Jonathan martin has the latest. Reporter the question remains now was this caused by operator error or some sort of mechanical error on the brakes. We know from the ntsb, speed was a factor. Thats something that was reported early on by passengers and witnesses. Investigators with the National Transportation safety board say they now know the commuter train was going too fast as it approached a curve. The preliminary information let me emphasize this is preliminary information from the event recorders shows that the train was traveling at approximately 82 Miles Per Hour as it went into a 30mileanhour curve. In
This could save lives. It is not every day you get an email from a 15yearold that comes with a detailed protocol with lets see what else, lets see where this goes. Stahl it is the story that has never been told. There were 105 in all, john riordon risking his own life, rescued in the last days of the vietnam war. Even now, four decades later, when they see him, you know, they know he is the reason they are alive. Thank you. Stahl and they call him papa. How many grandchildren do you have . I keep using the number 105. But the grandchildren, dont ask me. Im steve kroft. Im lesley stahl. Im morley safer. Im bob simon. Im lara logan. Im scott pelley. Those stories tonight on 60 minutes. We went out and asked people a simple question how old is the oldest person youve known . We gave people a sticker and had them show us. We learned a lot of us have known someone whos lived well into their 90s. And thats a great thing. But even though were living longer, one thing that hasnt changed much i
The nasdaq is nearing 4,000 and the s p has dropped past 1,800. Stocks slipped tuesday as traders took money off the table to pocket profits. Gold gained a couple dollars and oil shot up 3. Opec members meet in vienna today for their last session of the year. The big deal there is how members will handle civil issues in lybia, iraq and iran. Extyco ceo Dennis Kozlowski will be set free prison january 17th after spending 8 years behind bars for corporate fraud. And, some abercrombie and fitch shareholders are making a pitch for the retailer to consider a ceo change as the store loses popularity. Larry shover of sfg alternatives joins us now for a closer look at todays trading action. Good morning to you larry. Good morning. The market is now in a steep slide. How are traders reading that . Differently than they were before. I think it was prerogative for traders to think that were just gonna rally because every december we do that. But on the other hand, traders also are recognizing tha
To unilaterally change the status quo in the East China Sea. Those are just some of the stories we are covering on tonights pbs news hours. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. The william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. And with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Ifill the president sought to shift the focus today, away from whats gone wrong with implementing the Health Care Law to whats gone right. He said the benefits are being overlooked amid problems with the web site and policy cancellations. But insurers still warn theyre getting unusable data. Well have a full report on the president s new p. R. Push right after the news summary. The univ
We have that and more tonight on nightly Business Report for this tuesday, december 3rd. Good evening everyone and welcome. Im tyler mathisen. Remember how great the month november was for stock investors, records and consecutive weeks of gains . Hold that thought because so far december has gone the other way. Fast. In fact, the dow and s p 500 today ended lower for a Third Straight session. Logging their biggest threeday decline in two months. Some on wall street say stock prices are too high and they are taking profits and there is a pull back and this is the start of it, or maybe Consumer Spending, soggy so far this Holiday Season or the feds seeing the blowout auto sales . Well start pairing back on stimulus soon. Whatever the reason the market sold off again today. The dow ending well off the lows of the session, however, nevertheless down 94 points and closing below 16,000, as you see there. The nasdaq was down eight and the s p 500 lost five dipping back below the 1800 mark. Cr