A $2 million proposal pitched by a group of civic leaders to study a 15-minute hyperloop vacuum tunnel between the Twin Cities and Rochester has failed to win the support of a key Metropolitan Council committee. Donna Koren, executive director of Global Wellness Connections, said the Edina-based non-profit group was disappointed its funding proposal failed […]
(Bloomberg) — Hyperloop One, the futuristic transportation company building tube-encased lines to zip passengers and freight from city to city at airplane-like speeds, is shutting down, according to people familiar with the situation. Most Read from Bloomberg Once a high-profile startup, Hyperloop One raised more than $450 million since its founding in 2014, according to […]