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In a blog post, Musk, the chief executive of electric car maker Tesla Motors Inc described in detail a system that, if successful, would do nothing short of revolutionizing intercity transportation. But first the plan would have to overcome questions about its safety and financing.
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The Fed has until mid-September deadline to make that decision, and has never commented on the issue. The central bank's reluctance to address the issue publicly may also come under scrutiny at the hearing.
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Although, as someone said over coffee, not everyone appreciates the scale of their enterprise: Apparently a man went into the nearby Audi garage and asked: "Who does the gardening down the road?" "Oh, some old people come occasionally," was the reply. The room rocked with laughter.
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"The circumstances and the issues that were a hindrance in the past seem to be getting resolved. So I think there's a higher probability that potentially there's something in the works," said Anand Ramachandran, a telecoms analyst at Barclays in Singapore.
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Invensys and Schneider Electric have a combined UK workforce of more than 4,600 staff. However, Schneider warned of wider job losses as it revealed plans for cost savings of around €140m (£122 million) a year.
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- 20/1/23(木) 21:15 -
