Friday, December 20

Tag: funding

Biden’s $3.1 Billion Train Ticket to Nowhere
2Jan By adminNo Comments
Health

Biden’s $3.1 Billion Train Ticket to Nowhere

It didn’t get a lot of attention, but last month the White House awarded $3.1 billion to the California High-Speed Rail project. This was supposed to be a bullet train connecting San Francisco and Los Angeles in less than three hours. Instead, its costs keep rising even as the state scales back the plan. Since 2008, when California voters authorized a $10 billion bond issue for the train, they’ve been sold a bill of goods.The original total estimated construction cost to taxpayers was $33 billion. That’s risen to at least $100 billion. The authority decided to offer service between San Francisco and Los Angeles in Phase I, then eventually extend the train service north to Sacramento and south to San Diego. Phase I was to have been completed by 2020. Copyright ©2024 Dow Jones & Company...
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Why the Noise of L.A. Helicopters Never Stops
29Dec By adminNo Comments
Entertainment

Why the Noise of L.A. Helicopters Never Stops

The Jay Stephen Hooper Memorial Heliport sits on top of a brutalist brick-and-concrete building, the C. Erwin Piper Technical Center, across from Union Station in downtown Los Angeles. It’s an area where trains, buses, and highways all converge, and where the sounds of helicopters coming and going are barely noticeable above the din of engines and the smell of exhaust. From the ground, the heliport is barely visible. The best view of it is nearby, from the Cesar Chavez Bridge, over the Los Angeles River, which, in this part of the city, is just a low stream of water in a giant concrete aqueduct. From there, looking over a rail yard, one can see the helicopters parked at an angle on the roof, and the blinking of video monitors inside of an observation tower. On a recent evening, just befor...
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Council Bluffs Convention and Visitors Bureau receives grant funding for 2024
24Dec By adminNo Comments
Money

Council Bluffs Convention and Visitors Bureau receives grant funding for 2024

Pottawattamie County, Council Bluffs receive $20,000 in grant money Updated: 10:21 PM CST Dec 23, 2023 Council Bluffs Convention and Visitors Bureau received a $10,000 grant for its winter travel marketing initiative.Pottawattamie Tourism Committee also received $10,000. They'll use the funding to redesign its tourism website.The grants came from the Iowa Tourism Office. The organization received 77 tourism grant applications seeking nearly $640,000 in funding. They ended up giving $398,000 to 45 organizations."Dating back to the summer of 2020, the Council Bluffs CBV has leaned into digital marketing in a big way to draw visitors to the city and count...
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Funding: Tech startups raise $7 billion, lowest in 5 years
9Dec By adminNo Comments
Business

Funding: Tech startups raise $7 billion, lowest in 5 years

BENGALURU: The funding winter in India's startup ecosystem is far from over. Indian tech startups raised $7 billion this year, its lowest in the last five years. This is a sharp drop of 72% as against $25 billion it raised in the corresponding period last year, showed data from market intelligenceplatform Tracxn's Geo Annual Report: India Tech 2023.Bengaluru, Mumbai, and Delhi-NCR are the top-funded cities in India so far.With $7 billion in funding so far, the report said India dropped to the fifth spot from the fourth, in terms of the highest-funded geographies globally this year. The December quarter (Q4) recorded the lowest funding of $957 million to date, marking it the lowest-funded quarter since the September quarter of 2016. The decline is primarily due to the sharpest drop in late...
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Cities Use Covid Funds to Run Guaranteed-Income Experiments
3Dec By adminNo Comments
Business

Cities Use Covid Funds to Run Guaranteed-Income Experiments

Alexandria, Va.Dozens of cities around the country have launched welfare experiments called guaranteed-income pilots to send monthly checks of up to $1,000 to needy people. The goal is to demonstrate that giving the poor direct cash aid can improve their economic stability, their children’s educational attainment, and even their mental health. Most of the pilots are “no strings attached,” meaning that the cash aid doesn’t come with any restrictions on how it can be spent or any work requirement. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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BA’s Project Speedbird SAF partnership secures £9 million government funding – Business Traveller
18Nov By adminNo Comments
Travel

BA’s Project Speedbird SAF partnership secures £9 million government funding – Business Traveller

British Airways has announced it has secured £9 million in funding for its sustainable aviation fuel (SAF) partnership dubbed Project Speedbird. The carrier is working with Teesside-based cleantech company Nova Pangaea Technologies (NPT), and leading ethanol to SAF technology firm LanzaJet, with the project set to produce 102 million litres of SAF per year by 2028. The funding from the government’s Advanced Fuels Fund competition sees NPT being awarded £7.5 million, with LanzaJet receiving £1.5 million. BA intends to purchase all the SAF produced through Project Speedbird, which it says will reduce CO2 emissions, on a net lifecycle basis, by 230,000 tonnes per year – the equivalent of approximately 26,000 British Airways domestic flights. The SAF will be developed using a combination of ...
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