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This spring the Federal Transit Administration gave marginal or poor ratings to more than a third of the equipment of the largest rail transit agencies in the U.S. To replace the nation's elderly equipment and finish station rehabilitations, it would cost roughly $50 billion; keeping the updated system in good repair afterward would run nearly $6 billion a year. (Read: "U.S. Stimulus Puts Bullet Trains on the Fast Track...
...YORK, N.Y. — BookExpo America didn’t seem like the dregs of a dying industry. BEA, North America’s largest convention of publishers, authors, and printers, looked like the biggest book fair I’d ever seen: miles of aisles, spanning 22 acres, spread over 16 hours...
...critics, the bill does have the backing of dozens of groups, including unions - even steel workers and coal miners - as well as six of the seven largest utilities, the Nuclear Energy Institute and, tacitly, Wall Street, which will benefit from the creation of a massive new energy-trading market. The majority of environmental groups support the bill, including the Natural Resources Defense Council and the League of Conservation Voters, even if some groups feel that the measure is too weak. When Waxman announced the agreement in a press conference Wednesday, about 30 supporters wearing T shirts and carrying placards that...
...dull, tinted images that were far from true to life. So while Kodak's discontinuation of the iconic color film will affect only the most devoted photo buffs - sales of Kodachrome account for less than 1% of the company's revenue - the June 22 announcement breaks one of the largest remaining ties to the era of pre-digital photography. It also ends a legacy that includes some of the most enduring images of 20th century America. (See photos by Richard Avedon...
...amid those tensions, the Hermit Kingdom is trying to stimulate its dire economic fortunes by slowly opening its economy to foreign business - and the lack of convenient cell-phone service has emerged as a major irritant, especially for the hundreds of Chinese firms active there, which make up the largest group of foreign investors. Those investors now actually have an ally in Kim Jong Il, who has quietly reversed his earlier decision and started upgrading the country's dilapidated communications infrastructure. Toward the end of last year Orascom Telecom, the Middle East's largest wireless firm, was awarded a contract...