Vegas-to-California $12 Billion Rail Line Kicks Off Construction [Yahoo! Finance]
SOFTBANK GRP UNSP/ADR (SFTBY)
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Source: Yahoo! Finance
Most Read from Bloomberg Trump Has Only $6.8 Million for Legal Fees With Trial Underway Ray Dalio's Famous Trade Is Sputtering and Investors Are Bailing Stocks Climb as US Earnings Kick Into High Gear: Markets Wrap Russians Transform Dubai as They Flee Putin's War: Photo Essay TikTok to Remove Executive Tasked With Fending Off US Claims “People have been dreaming of high-speed rail in America for decades — and now, with billions of dollars of support made possible by President Biden's historic infrastructure law, it's finally happening,” Department of Transportation Secretary Pete Buttigieg said in a statement. The Fortress Investment Group-backed rail operator is projected to run 218 miles (about 350 kilometers) along the median of Interstate 15. Trains will be capable of running at speeds of 200 miles per hour, making it the first true high-speed rail line in the US. Amtrak's 457-mile Acela service on the East Coast tops out at 150 miles per hour and is variously labe
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