What Else is New? - U.S. Now Discouraging Investment

Union Pacific Corp.’s chief executive officer said U.S. lawmakers (right) are discouraging needed investment even as federal transit authorities call for $77.7 billion in rail- and bus-system improvements. Congressional legislation now in committee would increase government oversight of mergers and allow shippers to challenge rates. The measures are making it hard for rail companies to plan, Chief Executive Officer Jim Young said yesterday in a telephone interview. Read more here:

What Else is New? - U.S. Now Discouraging Investment