Railroads lag on train control tech despite safety push
Federal data show New York area corridors LIRR NJ Transit and Metro North have not installed GPS based positive train control on any tracks in the quarter ending Sept 30. Metros and LIRR report progress. NJ Transit awaits spectrum approval. CALTRAIN and other West Coast systems vary in completion. FRA notes safety role and high costs.
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OPEC Ministers Sprint Toward Salvage of Production Pact
OPEC ministers flew to Moscow and Vienna for a last round of talks to salvage a planned production cut. Saudi Arabia floated walking away without a deal as internal rifts and Iran and Iraq's resistance threaten to unravel 2017 negotiations.
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DirecTV Now aims to disrupt TV streaming landscape
AT&T's DirecTV Now will launch with over 100 channels for a teaser $35 a month, rising after the limited deal. Analysts note online live TV services struggle to match content price and ease, while Sling TV and Vue lag in subscribers and visibility.
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Financial markets react as yields fall and oil rises
Bond yields slide with the 10 year note at 2.31 percent after 2.36 percent as investors weigh Trump policy hopes. Oil prices jump with U S benchmark up 1.02 to 47.08 a barrel ahead of OPEC talks. Brent climbs to 48.24 as energy futures move higher. Gold gains 12.40 to 1190.80, silver 0.11 to 16.58 while copper dips. currencies show the euro at 1.0597 per dollar and the yen at 112.26 per dollar.
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