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Owners of cargo ship that crashed into Baltimore bridge sue company that built vessel
Associated Press Finance383d agobearish
Owners of cargo ship that crashed into Baltimore bridge sue company that built vessel

The owners of the cargo ship that crashed into the Francis Scott Key Bridge are suing the company that built the vessel, alleging negligence in the design of a critical switchboard on the ship. Grace Ocean Private and Synergy Marine PTE Ltd, the owners of the Dali, filed the lawsuit last week against Hyundai Heavy Industries in U.S. District Court for the Eastern District of Pennsylvania. “As a result of the defectively designed Switchboard, the Vessel suffered a power outage that led to the allision with the Key Bridge,” Grace Ocean Private alleges in the lawsuit.

S ETFs Trail Russell, CRSP Peers in Mid-Cap Race: CFRA
etf.com388d agobearish
S ETFs Trail Russell, CRSP Peers in Mid-Cap Race: CFRA

- S&P-linked mid- and small-cap ETFs underperform Russell and Vanguard competitors, says research firm CFRA. - Index methodology differences favor larger-cap names in current market environment. - Market-cap range variations explain performance gaps between competing fund families.