LAC-MEGANTIC, Quebec (AP) - Insufficient brake force was applied before an oil train came barreling out of nowhere in the middle of the night and slammed into a small town in Quebec, killing 47 people, officials said Friday.
NEW YORK (AP) - A fiery and fatal train derailment earlier this month in Quebec, near the Maine border, highlighted the danger of moving oil by rail, a practice that has grown exponentially as a result of the oil boom and will continue to expand, experts say.
OIL ABOARD: U.S. and Canadian drillers are producing oil faster than new pipelines can be built. As a result, trains have become an unexpected yet vital way to move this bounty of energy. This year, more trains carrying crude will chug across North America than ever before - nearly 1,400 carloads a day. In 2009, there were just 31 carloads a day.
SAN FRANCISCO (AP) - Google views the computing shift to smartphones and tablets as a golden opportunity, but the Internet search leader's second-quarter performance served as an unsettling reminder that it poses a nagging financial challenge, too.
WILMINGTON, Del. (AP) - A hearing on whether to approve the bankruptcy sale of assets of electronics retailer RadioShack opened Thursday with the company seeking court approval of the purported winning bid, and an attorney for a losing bidder describing the auction as a sham and asking a Delaware judge to reopen the sale process.