Archive for: November, 2010

Fewer Americans want to retire, feeling financially better off

Dollar bills

A Bank of America survey reveals that affluent Americans feel that they are better off this year compared to a year ago, buoyed by stronger investor confidence in the recovering stock market. About 1,000 people with assets of at least $250,000 were surveyed by The Merrill Lynch Affluent Insights Quarterly from September 13 to October […]

Amtrak high-speed trains modernize US rail transportation

Train

Amtrak has earmarked $466 million to buy electric trains from German firm Siemens as part of a modernization plan to replace its aging locomotives. Siemens will build 70 Cities Sprinter ACS-64 electric trains that will offer more speed and reliability to passengers travelling the Northeast Corridor of the United States. Trains that have been in […]

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