Nashville Mayor Freddie O'Connell Announces $3.1 Billion Transit Plan

tennesseestar.com— Nashville Mayor Freddie O'Connell released the details of his transit referendum that is expected to go before voters in November, revealing his plans will cost $3.1 billion and be partially financed through a half-cent sales tax increase. In a statement, O'Connell called his transit referendum "the best opportunity we've ever had to build out our priority sidewalks, to synchronize signals so you're spending less time at red lights, and to connect neighborhoods via a better transit system that...

Breitbart—Ford Loses $1.3 Billion on Electric Vehicles in First Quarter of 2024, Delays Plans to Make More. Ford Motor Company reported a whopping $132,000 loss on each electric vehicle sold during the first three months of the year, amassing a $1.3 billion loss.

Neowin—The Coca-Cola Company plans to spend $1.1 billion to use Microsoft's cloud and AI services. Microsoft has announced a new five-year deal with The Coca-Cola Company, which plans to spend a total of $1.1 billion during that time to access Microsoft's cloud and generative AI services.

SpaceNews—SES to acquire Intelsat for $3.1 billion. SES is acquiring rival satellite operator Intelsat for $3.1 billion, a deal that would bring together two of the major GEO satellite operators.