End of the line. Eyewitnesses say the commuter train slammed into a wall at full force, inside have of the rail station at hoboken, new jersey around 8 45 this morning. Michael larson a transit employee was inside of the terminal about 30 feet away from the crash. I observed it coming at a high rate of speed. It went over the bumper block, basically through the air, traveled about another 40 feet, and came to a rest. Reporter people were standing on the platform waiting to commute into new york city. Will were folks, hobbling around, People Holding their limbs, holding their backs and things like that. There was definitely some bad injuries. Blood, kind of on their faces, and people were like, you know, holding on to each other. Reporter officials a stations roof partially collapsed on top of the train, mike was on board the train when the accident occurred, and said it was hard to see what was going on around them. We were between pieces of metal or what, but the first person in front
Control which will be required on all trains. Its been delayed in a lot of cities and states including new jersey, but no doubt, politicians seizing on that. Another politician interviewed on fox news saying its a sign that Infrastructure Spending is a low priority for congress and that is why we keep having events like this. Again, that begs the issue that if we had more Infrastructure Spending or more spending on trains or High Technology trains, we wouldnt have. Let alone the fact we dont know what caused this. But this happens every single time. So much to get into here. Heres what we know thus far, one person is dead, a hundredplus are injured in this accident today. The accident, whose cause we still havent discerned even though a number of politicians have already concluded. Adam shapiro with the very latest. Adam. Reporter and, neil, you can see part of the train station behind me. Let me bring you up to laters on what we know about the latest on what we know about the people w
It needs to be. This issue were working on data, working on technology, and working on the systems issues are all critical. International partners are excited about working with us on, this and israel, which is so far advanced in these technologies is one that we are building up a stronger collaboration on. Can you talk about the Energy Storage at the department . The Energy Storage program is one that we have expanded. A lot of congressional interest in that support, which we appreciate, so we are working we have a battery hub, which is doing extremely well. It is centered at argon. Berkeley is the major partner. We recently put out maybe a month ago a report on hydro and pointed out in terms of storage we still have a lot of capacity for pump hydro in the country, which today is the most costeffective in the places where you can do it. Thank you, mr. Chairman. Yield back. The chair recognizes the gentleman from ohio for five minutes. I thank the chairman very much, and mr. Secretary,
President obama saying desegregating the army makes it stronger. An Appeals Court found Oscar Pistorius guilty of murder. His manslaughter conviction for killing his girlfriend was overturned and he faces a minimum of 15 years in prison. Emily im him lead chang and this is bloomberg west. Coming up, a bloomberg exclusive. Uber shifts into high gear. The car services valued at more than 62 billion. A closer look at Mark Zuckerbergs decision to donate nearly all of his facebook shares. We will break it down. Acquired over 40 companies in less than four years. Have investors gotten their moneys worth . We will drill down on the spending spree. Uber is accelerating the rate of global expansion, looking to raise as much as 2. 1 billion in a new round of funding, according to people familiar with the matter. The valuation has surged him 60 million in 2011 to 62. 5 billion today. Uber has been expanding aggressively to expand throughout asia, particularly in china where it plans to spend 1 bi
Shares already down 37 this year. Sources telling us group or uber is seeking a new finance round. A quick look at the markets. Hong kong and china closed for lunch. This is a picture for singapore, tokyo, and mumbai. Nikkei up by over 2 . I am back at the bottom of the hour. Emily im emily chang and this is bloomberg west. Uber shifts into high gear with a new funding round. A closer look at Mark Zuckerbergs decision to donate nearly all of his facebook shares. Yahoo has acquired over 40 companies in less than four years. Have investors gotten their moneys worth . Uber is exhilarating the race to global expansion, looking to raise as much as 2. 1 billion in a new round of funding. In four years, we have seen the valuation surge from 60 million in 2011 to 62. 5 billion today. Uber has been spending aggressively to expand throughout asia, particularly in china. As part of the current funding round, uber has closed investments with tiger global. Ofer global also backed some ubers competi