Lionel Trains are the iconic electric train set. One of the first electric toys to be inducted into the National Toy Hall of Fame they have been a popular part of American culture for over 100 years.

Ronald Saypol, who transformed Lionel Corp., the biggest U.S. maker of electric model trains, into a toy retailer that years later went bankrupt, has died. He was 85. He died Nov. 28 at a nursing home ...