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LA-Las Vegas high-speed Virgin train wins $600 million California bond allocation

(Source: Forbes, April 14, 2020)

LOS ANGELES — Amid the broad economic slowdown triggered by the coronavirus, California has approved a $600 million private activity bond allocation for construction of the $5 billion Virgin Trains-Brightline railway that within four years could be whisking passengers from Las Vegas to a (distant) Los Angeles suburb at speeds of up to 200 miles an hour.

Full story: www.forbes.com

Wednesday, April 15, 2020

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