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Business & Lifestyle

Manufacturer of ride that killed teen at Ohio State Fair says corrosion the cause

COLUMBUS, Ohio (UPI) -- The manufacturer of a ride that malfunctioned at the Ohio State Fair and killed a teenager and injured several other people last month said the mishap was due to corrosion. KMG International, a Dutch-based company that rents out rides to fairs around the world, said in a statement released Sunday that an internal investigation found that "excessive corrosion on the interior of the gondola support beam dangerously reduced the beam's wall thickness over the years. This finally led to […]

todayAugust 7, 2017 1

Brexit Watch

Report: Brexit will cause 40,000 investment bankers to leave Britain

LONDON (UPI) -- Britain could lose up to 40,000 investment bankers as a result of Brexit, a new report says. The report from managing consultant group Oliver Wyman says that as Britain prepares to leave the European block by 2019, British bankers working in the European financial system system could move out of London to other European finance hubs. The report states that the European Union "faces a number of broader policy questions about the future structure of the Euro financial system and […]

todayAugust 1, 2017 1

Business & Lifestyle

Remnants of Tropical Storm Calvin cause flooding in Mexico

Andrew V. Pestano United Press International SALINA CRUZ, Oaxaxa, Mexico (UPI) -- The U.S. National Hurricane Center said the remnants of Tropical Storm Calvin could drop up to 20 inches of rain in some parts of southeastern Mexico. The NHC said Calvin dissipated at 10 a.m. on Tuesday. From 5 to 10 inches of rainfall are forecast in the Mexican states of Chiapas, Oaxaca, Guerrero and Veracruz. At least 10 inches of rain has already fallen in the Salina Cruz […]

todayJune 13, 2017

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