An evacuation order remained in place Monday for part of a northwest Iowa town as firefighters worked to extinguish a burning train after a weekend derailment.
About 47 cars derailed Sunday afternoon near Sibley, including several cars that were carrying hazardous materials. The resulting fire created a thick plume of black smoke but no injuries were reported.
Sibley is a town of about 3,000 people roughly 200 miles (322 kilometers) northwest of Des Moines. The west end of the town was evacuated after the derailment.
Union Pacific spokeswoman Robynn Tysver said the railroad's hazardous materials experts worked with first responders through the night to contain the blaze.
Tysver said several cars involved in the derailment were carrying hydrochloric acid, potassium hydroxide and asphalt. An empty tank car on the train had been carrying liquid ammonia nitrate.
The railroad said the cause of the derailment remains under investigation, but witnesses reported that a bridge had collapsed underneath the train.
Robin Eggink told the Des Moines Register that she and her husband noticed the train slowing down followed by a big cloud of smoke as they were eating at a Pizza Hut outside of Sibley on Sunday. The family drove near the site of the smoke and saw the train split in two on both sides of a bridge that had collapsed before firefighters ordered them out of the area, Eggink said.
New Year's Eve is set to generate major cannabis sales, second only to the iconic marijuana holiday 420, according to MJ Freeway. The global cannabis technology and data company predicts total U.S. sales on New Year's Eve 2018 could reach up to $75 million, within striking distance of the $80 million generated in sales on April 20.
Instagram accidentally released an update to its app on Thursday, enraging users and igniting a firestorm on social media. The social media platform, which hit 1 billion users in June, modified how users view their main feeds ー switching from a vertical scroll to a horizontal swipe, à la popular dating app, Tinder.
When U.S. Attorney General Jeff Sessions moved to undermine Obama-era marijuana industry protections in January, there was little indication how pivotal 2018 would prove to be for the cannabis industry. As 2019 approaches, Cheddar is now looking ahead to next year and forecasting what's in store for the U.S. marijuana industry.
Reports that signal the death of the American shopping center have been greatly exaggerated ー if the latest statistics from the holiday shopping season are to be believed ー but the mall of tomorrow is increasingly becoming a new kind of innovation hub for brands, and offering an altogether different experience for shoppers.
Markets whipsawed Thursday as the Dow reversed course twice to erase a more than 600-point loss and end the day up 260 points. It was the largest swing since 2008 and follows another day of record volatility on Wednesday, when the Dow swung 1,000 points to book the largest single-day point gain in its history.
As 2018 draws to a close, we're taking a look at the year's best Wall Street comeback stories. That is, the stocks that that took a beating in 2017, but bounced back with a strong 2018.
Body-care brand Busy Beauty wants over-taxed women to spend less time on primping. "We developed a full line of products that let women completely skip the shower if they either don't feel like it or don't have the time," said Jamie Steenbakkers, the company's co-founder and COO.
For many of us, the impact of the tax overhaul that went into effect a year ago won't be felt until we file our 2018 returns. Here are some things to remember as tax season approaches (W-2s should start appearing in mailboxes in a month), courtesy of Katelynn Minott, a CPA at Bright!Tax:
These are the headlines you Need 2 Know for Thursday, Dec. 27, 2018.
Roughly five years ago, Detroit made history as the largest city to ever file for municipal bankruptcy. But in 2018, the Motor City is teaching itself how to transform from America's factory into an engine for innovation. According to start-up incubator TechTown CEO and president Ned Staebler, adjustments to the city's economy and the value of its labor supply could begin a tech-based rebirth, a future when automobiles are not just considered vessels of transportation, but rather as pieces of the revolution.
