Startup companies
fromFast Company
11 hours agoVia Transportation IPO: Stock listing date nears for transit tech startup
Via Transportation filed for an IPO to offer about 10.7 million shares at $40–$44, implying a valuation up to $3.5 billion.
Most people think of New York City, and their wallets start to tremble. It's a city synonymous with sky-high prices-the kind of place where a single cocktail can cost you a small fortune and a hotel room requires a mortgage. It's easy to feel like you need to be a millionaire just to enjoy the city's vibrant energy. But what if I told you that this perception is just a half-truth?
A 54-year-old Richmond man remained in jail Tuesday following his arrest in what authorities said was a domestic violence attack Monday on the driver of an AC Transit bus. The driver of the bus suffered superficial cut wounds and went by ambulance to a hospital for treatment, authorities said. Contra Costa Sheriff's Office spokesperson Jimmy Lee in a statement said deputies arrested the suspect on suspicion of attempted murder and domestic violence following the 7:35 a.m. encounter outside the Richmond BART station on Nevin Street.
"It's not very expensive to operate," Reece Martin, a Toronto-based independent transportation planner, told Day 6 host Brent Bambury. "And frankly, they're not very expensive to build, either."
Sharmila Mukherjee presented findings indicating Austin's public transit recovery is 9% ahead of comparable metro areas, although ridership is still 20% below pre-pandemic levels.
The legislation addresses a critical gap in Federal transit safety regulations by establishing clear executive authority within public transit agencies for rider and operator safety.
The $7.7 billion project is scheduled to open in 2032, adding three new stations to the Q line. Two of them will be beneath Second Avenue at East 106th and 116th streets.
This proposal is the result of years of hard work - listening to riders, engaging community advocates, and doing the behind-the-scenes work to re-establish a long-overdue water link between Staten Island and Brooklyn.