The federal Department of Transportation fulfilled its promise on Thursday to cancel a nearly $1bn (£784m) grant that would have helped pay for California’s bullet train, in yet another blow for the ambitious high-speed rail project meant to connect Los Angeles to the Bay Area. In a letter to state officials, the Federal Railroad Administration
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Jenny Zhiya Qian, founder and chief executive officer of Luckin Coffee Inc. (Photographer: Victor J. Blue/Bloomberg). © 2019 Bloomberg Finance LP China’s hottest new coffee chain momentarily catapulted its founder into the billionaires club, less than 20 months after the startup opened its first trial location in Beijing. Luckin Coffee, whose ascendance in the world’s
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For the second year in a row, a highlight of the SXSW conference in Austin, Texas was the pop-up dinner hosted by the House of Scandinavia. This year visitors enjoyed Lokal, an incredible experience hosted by Scandinavian Airlines (SAS) that combined Austin products with Nordic techniques and ingredients to create innovative sustainable plates. The concept
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Staff of online travel start-up ‘GetYourGuide’ working at the company’s headquarters in Berlin. Jens Kalaene | picture alliance | Getty Images German online travel start-up GetYourGuide has raised $484 million in an investment led by SoftBank’s $100 billion Vision Fund. The company, which lets people book tickets for tours and other activities abroad, said Thursday
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