Yahoo! News: World News

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• Amid spate of Amtrak mishaps, critics point to political inertia
• In big week for Brexit, battle deepens over the costs of 'opting out'
• The Fed’s drive for moral leadership in bank boards

Amid spate of Amtrak mishaps, critics point to political inertia Posted: 05 Feb 2018 02:22 PM PST Amtrak engineer Michael Kempf confessed recently to his brother that he had become increasingly worried about his own safety amid a string of deadly US train crashes. Mr. Kempf, an Amtrak engineer from Savannah, Ga., was among two railroad employees killed as Train 91 from New York to Miami rolled through the South Carolina countryside early Sunday morning before crashing into a prone freight train. It was the seventh major train accident for Amtrak in recent years, and the fourth in about two months.

In big week for Brexit, battle deepens over the costs of 'opting out' Posted: 05 Feb 2018 01:43 PM PST When I started as a foreign correspondent in the late 1970s, it never occurred to me that the discipline I'd most need to call on four decades later wouldn't be politics or economics. The most obvious example, for Americans, has been the ascendancy of Donald Trump. Because I'd been the Monitor's correspondent in the Soviet Union in the early 1980s, it felt even more deeply moving to watch as the combination of a confusing news conference by an East German spokesman and raw people power toppled the Berlin Wall.

The Fed’s drive for moral leadership in bank boards Posted: 05 Feb 2018 12:16 PM PST The directors of financial institutions in the United States should be on high alert after a surprise move by the Federal Reserve. Until the bank improves its governance and replaces some board members, it will not be allowed to grow in total assets. "We cannot tolerate pervasive and persistent misconduct at any bank," said Janet Yellen on her last day as the Fed's chair.

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