Category: News

Experts: State Funding a Local Issue, Too

Any statewide measure meant to generate revenue for transportation projects should include the needs of localities, according to Darren Kettle, executive director of the Ventura County Transportation Commission.

VW’s Traton IPO to Raise $1.8 Billion, Pricing at Low End

Volkswagen AG raised 1.55 billion euros ($1.8 billion) selling a stake in its truck business, but only after pricing the offer at the low end of a target range to attract investors to one of Europe’s biggest initial public offerings this year.