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Hyperloop's loss is high-speed rail's gain - Vimarsana News

Hyperloop's loss is high-speed rail's gain

In 2013, Elon Musk published a white paper that teased the idea of zipping from Los Angeles to San Francisco in just 35 minutes through a vacuum-sealed tube -- a system he called hyperloop. The idea “originated out of his hatred for California’s proposed high-speed rail system,” according to his biographer Ashlee Vance. Ten years later, the most high-profile startup that tried to follow in Musk’s footsteps -- Hyperloop One -- is closing its doors.

Source: yahoo.com
Mortimer Downey, force for mass transit across US, dies at 87 - Vimarsana News

Mortimer Downey, force for mass transit across US, dies at 87

Mortimer L. Downey's creative financing helped revive New York City’s subway system and he also oversaw far-reaching regional and federal transportation policy for more than six decades.

Mortimer Downey, Force for Mass Transit in U.S. and N.Y., Dies at 87 - Vimarsana News

Mortimer Downey, Force for Mass Transit in U.S. and N.Y., Dies at 87

He devised innovative financing to revive New York City’s subway. In Washington, as a U.S. Transportation Department leader, he bolstered Amtrak and secured federal funds for public transit.

Opinion: Caisse's losses mount as Alstom goes off the rails - Vimarsana News

Opinion: Caisse's losses mount as Alstom goes off the rails

Alstom’s stock posted the largest single-day drop of any listing on the Paris Stock Exchange’s CAC 40 index in 17 years when it plunged by 38 per cent on Oct. 5

ALSTOM SA: Alstom shareholders approve all resolutions presented at the Combined Shareholders' Meeting - Vimarsana News

ALSTOM SA: Alstom shareholders approve all resolutions presented at the Combined Shareholders' Meeting

Alstom shareholders approve all resolutions presented at the Combined Shareholders' Meeting ALSTOMSociété Anonyme with share capital of €2,672,986,855Headquarters: 48, rue Albert Dhalenne, 93400...