The Boring Company Just Mapped Its D.C.-Baltimore Hyperloop-Ready Route

PenneyVanderbilt

Inverse.com

The Boring Company unveiled further details about its proposed “loop” route between Baltimore and Washington, D.C., on Thursday, a high-speed underground transit project that is designed to meet the requirements for hyperloop. Elon Musk’s venture — which has used a curious funding model of flamethrowers and hats — plans to fully fund the 35-mile tunnel that will initially move pods at speeds of between 125 and 150 mph.

The proposal is the latest under the company that wants to revolutionize the exciting world of tunnel boring. The parallel, twin underground tunnels will sit at least 30 feet deep. The project is expected to take between 12 and 20 months depending on machine speed, with the construction of four machine “launch pits” taking around four weeks. The only other surface penetrations will come from ventilation shafts and emergency exits (around 20 but no more than 70, between 12 and 24…

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The Boring Company Just Mapped Its D.C.-Baltimore Hyperloop-Ready Route

Inverse.com

The Boring Company unveiled further details about its proposed “loop” route between Baltimore and Washington, D.C., on Thursday, a high-speed underground transit project that is designed to meet the requirements for hyperloop. Elon Musk’s venture — which has used a curious funding model of flamethrowers and hats — plans to fully fund the 35-mile tunnel that will initially move pods at speeds of between 125 and 150 mph.

The proposal is the latest under the company that wants to revolutionize the exciting world of tunnel boring. The parallel, twin underground tunnels will sit at least 30 feet deep. The project is expected to take between 12 and 20 months depending on machine speed, with the construction of four machine “launch pits” taking around four weeks. The only other surface penetrations will come from ventilation shafts and emergency exits (around 20 but no more than 70, between 12 and 24 feet diameter) and stations “the size of a few parking spaces” and “widely distributed in a network,” built on private land with local government input on location. Autonomous electric skates will transport either a single passenger vehicle or a pod of between eight to 16 passengers, with pedestrians and cyclists prioritized over cars.

Cynthia Nixon: 5 issues she’s using against Andrew Cuomo

Penney Vanderbilt and KC Jones: All About Railroads

Rochester Democrat and Chronical

Cynthia Nixon wasted no time attacking Gov. Andrew Cuomo and his policies after launching her bid to unseat him.

The Sex and the City star made a big splash when she posted her first political video March 19 that’s since been viewed more than 2.5 million times on Twitter.

More: ‘Sex and the City’ actress Cynthia Nixon to run for New York governor

Cynthia Nixon unleashes attack on Andrew Cuomo’s record, says he’s not a ‘real Democrat’

Live From Albany: Cynthia Nixon is running. Can she win?

The political rookie, however, will face questions about her inexperience in government and whether she’s qualified to be executive of the country’s fourth-largest state as she runs in the Democratic primary this September.

Cuomo’s campaign has pointed to his list of progressive accomplishments, including the approval of same-sex marriage in 2011, a law that will boost the minimum wage to $15 in the…

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General Electric Company (NYSE:GE) has fallen on hard times.

Stock News

The industrial behemoth, collapsing under the weight of shortsighted acquisitions and massive pension obligations, has seen its shares plunge more than 24% in 2018 alone, and 56% over the past 12 months.

However, as CNBC reports, at least once prominent Wall Street analyst at Melius Research believes GE is being undervalued at this point:

Past looks at the value of GE’s individual businesses — also known as a “sum-of-the-parts” analysis — cast doubt on whether a fire sale of GE’s assets would even fetch today’s price at $13.28 per share. But Melius found that spinoffs from U.S. industrial companies return twice the value of the broader stock market, revealing a more optimistic forecast for GE.

“GE’s [sum-of-the-parts] as an example … likely undervalues the assets by 25 percent or more,” Melius wrote.

GE has been spinning off units at a rapid rate to raise cash. It also slashed its dividend and buyback programs to boost liquidity. More unit sales — and layoffs — are likely coming soon, and the question remains whether the once-mighty company can ever generate solid returns for shareholders ever again.

General Electric Company shares closed at $13.07 on Friday, down $0.28 (-2.10%). Year-to-date, GE has declined -24.48%, versus a -2.91% rise in the benchmark S&P 500 index during the same period.

GE currently has a StockNews.com POWR Rating of D (Sell), and is ranked #32 of 34 stocks in the Industrial – Manufacturing category.