China’s CSR Corp. May Bid For U.S. Rail Projects

CSR Corp., China’s largest train maker, may bid to build high-speed train lines in Florida and California as part of a joint venture with General Electric Co (GE).

The companies may also place bids for east coast rail projects, CSR Chairman Zhao Xia…

Mortgage Delinquencies Fall in the Third Quarter

A smaller percentage of mortgage holders were delinquent on their payments in the third quarter than in the second quarter, although the percentage of delinquencies remains up from the same period last year.
Co…

California Voters Reject Proposition to Legalize Pot

It looks like a ballot measure to legalize marijuana in California has failed. Proposition 19 would have made it legal for adults of drinking age to possess up to 1 ounce of pot, as well as to grow and smoke the drug in private…

How Did Global Warming Fare on Election Day?

As California voters wait to find out whether they’ve suspended a major global-warming law, which requires the state to scale back carbon emissions 25% to 1990 levels by 2020, New Mexico on Tuesday passed its own measure to red…