What happens to discarded bikes from China’s sharing boom? Taxpayers pay to clear 25 million of them from bicycle graveyards

A bicycle graveyard in Wuhan in 2018. Photo: Wu Guoyong Three years after China’s blooming bike-sharing economy wilted, local authorities are about to send the last of 25 million abandoned…

Bicycle Therapeutics Announces Gross Proceeds of $50.0 Million from its At-the-Market Offering Program and Enters into Debt Financing from Hercules Capital

CAMBRIDGE, England & BOSTON–(BUSINESS WIRE)–Bicycle Therapeutics plc (Nasdaq: BCYC), a biotechnology company pioneering a new and differentiated class of therapeutics based on its proprietary bicyclic peptide (Bicycle®) technology, today announced…

U.S. DOT provides Louisiana transportation agency with $5 million ‘quick release’ emergency relief funding in wake of Hurricane Laura

WASHINGTON and BATON ROUGE, La. —The U.S. Department of Transportation’s Federal Highway Administration (FHWA) on Sept. 4 announced the immediate availability of $5 million in “quick release” Emergency Relief (ER)…

Austin City Council votes to put $460 million transportation bond on November ballot

AUSTIN (KXAN) — Austin City Council voted Thursday to bring a transportation bond to voters in November. Nine city council members voted in favor while Council Member Jimmy Flannigan voted…

Global electric vehicle cords top 1 million

Kyle Stock, Bloomberg Published 10:07 a.m. ET Aug. 5, 2020 | Updated 4:49 p.m. ET Aug. 5, 2020 The electric vehicle industry has quietly hit one of its biggest milestones…

Friedman Secures $2.5 Million For Burlington Transportation

Press release from state Sen. Cindy Friedman: Senator Cindy F. Friedman (D-Arlington) recently joined her colleagues in voting on legislation to jumpstart investment in transportation infrastructure and make the Commonwealth’s…