NYT: Train Crash in Washington Leaves 6 People Dead
WASHINGTON — At least six people were killed and roughly 20 injured when one Metro subway train slammed into another on the outskirts of the city during the afternoon rush hour on Monday, emergency officials said.
“It looks to be the worst Metro accident in D.C. history,” said Mayor Adrian M. Fenty. “We’re going to investigate this and find out what happened.”
The general manager of the Metro system, John B. Catoe Jr., said one train had stopped near a platform and was waiting for permission to proceed when it was hit from behind by the second train.
Bloomberg:
U.S., Europe Stocks Fall, Commodities Drop on Recession Concern
June 22 (Bloomberg) -- U.S. and European stocks tumbled, sending the Standard & Poor’s 500 Index down the most in two months, as the World Bank said the recession will be deeper than previously forecast. Treasuries rose, while oil fell below $67 a barrel and metals slumped.
BusinessWeek:
Yawn. Detroit gets closer in J.D. Power's quality study.
Here’s a storyline I have heard before. The Big Three are narrowing the gap on quality. J.D. Power and Associates have just released their annual Initial Quality Study, which measures problem per 100 cars in the first 90 days of ownership. Detroit’s carmakers reduced problems by 10%. Their foreign foes reduced problems by just 8%. When measuring problems per 100 cars sold, no one will notice the difference.