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Bombardier exploring new options for rail business

(Source: Reuters, April 10, 2015) LONDON — Bombardier is exploring ways to raise money from its transportation unit, potentially worth up to $5-billion, as the Canadian group grapples with huge cost overruns in its aircraft business, six sources familiar with the...

House members push for ‘robust’ rail funding

(Source: The Hill, March 23, 2015) WASHINGTON, D.C. — A bipartisan group of House lawmakers from Illinois is calling for Congress to include a “robust” amount of funding for passenger rail in a funding bill for the Department of Transportation. Lawmakers...