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Operator of train that derailed in Ohio faces harsh criticism

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Norfolk Southern has been blamed for the incident by one U.S. senator

The operator of the train that derailed in Ohio two weeks ago is facing harsh criticism over the incident, with one state senator blaming the company for the disaster.

Senator Sherrod Brown says the incident, which released toxic chemicals into the surrounding environment, was an episode of“the same old story”, and Norfolk Southern “caused it”.

Thousands of workers have been let go from the transport giant in recent years, with Brown alleging the corporation “doesn’t invest in safety rules and regulation”.

As anger grows around the derailment, U.S. Transportation Secretary Pete Buttigieg is calling on major railroads to improve safety.

In a letter to Norfolk Southern Chief Executive Alan Shaw, Buttigieg says he will be urging Congress to raise the cap on fines against railroads for violating regulations.

Meanwhile, Senator Brown says we’ve seen his all before and believes we’ll see it all again.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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