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General's - 1 — - 1 it's - 1 Scott Olson - 1 General - 1 Laura Mason - 1
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Hornell , New York
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Service - 1 Alstom - 1 Amtrak - 1 Liberty - 1 FRA - 1

Search resuls for: "Laura Mason"


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☆ Every single one of Amtrak's shiny new Acela trains has a manufacturing defect, audit says
  + stars: | 2023-10-04 | by ( Hannah Towey | ) www.businessinsider.com   time to read: +3 min
All of Amtrak's new Acela trains produced so far have manufacturing defects. AdvertisementAdvertisementAmtrak's new Acela trains could be delayed yet again, according to a new government audit of the $2.1 billion project. Amtrak's Inspector General found manufacturing defects in all 12 of the trainsets and 22 café cars produced so far. Scott Olson/Getty ImagesAmtrak's new high-speed Acela trains, which will have nearly 25% more seats than their predecessor and operate at top speeds of 160 mph, were originally scheduled to launch service in Spring 2021. Amtrak says data provided by Alstom shows the trains are on track for initial revenue launch in 2024.
Persons: General's, —, it's, Scott Olson, General, Laura Mason Organizations: Service, Alstom, Amtrak, Liberty, FRA Locations: Hornell , New York
☆ Ex-JPMorgan bankers start emerging market infrastructure investment firm
  + stars: | 2023-03-06 | by ( Industry Insight | Reuters Professional | Comment | ) www.reuters.com   time to read: +2 min
LONDON, March 6 (Reuters) - Two former JP Morgan credit bankers on Monday launched a new impact investment advisory firm focused on emerging market infrastructure, with a minority stake by British insurer Legal & General's (LGEN.L) alternative investments arm. The firm, ImpactA Global, aims to help address the World Bank's estimated need for $1 trillion in annual investment in emerging market infrastructure to meet development goals. Da Costa Mendes, a former JPMorgan executive director, shares the top job at ImpactA with co-founder Victoria Miles, who had served as a managing director of the Wall Street firm. ImpactA aims to bring in investors such as development finance institutions, export credit agencies and institutional asset managers to provide debt financing to these projects. ImpactA is among the very few investment firms focused solely on emerging market infrastructure debt, with a global rather than regional focus, she added.
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