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World Bank Group

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  • Bullet train authority underestimates operating costs, study says

    Bullet train authority underestimates operating costs, study says
    The state rail authority has grossly underestimated future operating costs of California's proposed bullet train, meaning taxpayers potentially will have to provide billions of dollars annually once the system is running, according to an analysis released Monday by a group of outside financial experts.
  • Reps talk of aiding Mideast

    While the role of the United States in Libya is dominating the news, Rep. Adam Schiff (D-Burbank) and Brad Sherman (D-Sherman Oaks) are also keeping an eye on foreign policy elsewhere. Sherman has zeroed in on what he perceives as significant holes in...