San Francisco OKs $212M revamp of train system run by floppy disks
San Francisco's transit authority has approved a $212 million overhaul of its aging train control system, which for decades has operated on data stored on floppy disks. The City Transportation Authority Board, which oversees the city's light rail network, has approved a new contract with Hitachi Railway to upgrade the existing train control system, which […]
B. Riley co-founder offers to buy embattled bank in $212M deal
Bryant Riley, co-founder and co-CEO of B. Riley Financial, said on Friday Suggested The company’s acquisition of the investment bank marked a dramatic end to a tough week that saw its market value wiped out nearly $360 million. The privatization proposal comes after months of turmoil stemming from banks’ relationships with The Vitamin Shoppe’s owner, […]