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U.S. regulator seeks changes to curb speeding passenger trains

The U.S. Federal Railroad Administration has recommended passenger railroads take steps to prevent speeding trains following a deadly Amtrak accident in May in which a train derailed in Philadelphia after entering a curve at double the speed limit. The agency on Tuesday said railroads should identify locations where trains must reduce speed by more than 20 miles per hour in their approach to a bridge or curve and should modify

Pentagon says lab in Britain receives live anthrax samples

The Pentagon on Tuesday added Britain to the list of countries that received live anthrax samples from the U.S. military. Army Colonel Steve Warren, a Defense Department spokesman, said one lab in Britain and another in Massachusetts had been added to the list of laboratories that received live anthrax samples, raising the total number of labs to 68. Four countries outside the United States are now known to have received

Pentagon says lab in Britain receives live anthrax samples

The Pentagon on Tuesday added Britain to the list of countries that received live anthrax samples from the U.S. military. Army Colonel Steve Warren, a Defense Department spokesman, said one lab in Britain and another in Massachusetts had been added to the list of laboratories that received live anthrax samples, raising the total number of labs to 68. Four countries outside the United States are now known to have received

Canada's CPPIB to buy GE private equity lending arm for $12 billion

By Euan Rocha TORONTO (Reuters) – Canada Pension Plan Investment Board (CPPIB) said on Tuesday it has agreed to buy GE Capital’s private equity lending portfolio for $12 billion, in a deal that will greatly expand the largest Canadian pension fund’s lending business. GE’s Antares unit is the leading lender to middle market private equity-backed transactions in the United States. “This provides us with a very unique opportunity to access

Canada's CPPIB to buy GE private equity lending arm for $12 billion

By Euan Rocha TORONTO (Reuters) – Canada Pension Plan Investment Board (CPPIB) said on Tuesday it has agreed to buy GE Capital’s private equity lending portfolio for $12 billion, in a deal that will greatly expand the largest Canadian pension fund’s lending business. GE’s Antares unit is the leading lender to middle market private equity-backed transactions in the United States. “This provides us with a very unique opportunity to access