Business

High speed rail between LA and Las Vegas gets $3bn boost

A proposed high-speed rail line linking Los Angeles with the US gambling and entertainment capital Las Vegas moved closer to reality Tuesday with the announcement of a $3 billion government grant.

Automotive

China's auto sales up 27% in 2021, but hurt by chip shortage

China's auto sales rose 27% in the first half of 2021 from a year earlier but still were below pre-pandemic levels, and production and sales fell in June due to global shortages of processor chips, an industry group reported ...

Business

Boeing sees more cancelled orders as MAX nears return

Boeing said Tuesday it was hit with another 12 cancelled orders for the 737 MAX, as the flagship aircraft is close to returning to the skies after being grounded since March 2019 following two deadly crashes.

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Cash

In common language cash refers to money in the physical form of currency, such as banknotes and coins.

In bookkeeping and finance, cash refers to current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately (as in the case of money market accounts). Cash is seen either as a reserve for payments, in case of a structural or incidental negative cash flow or as a way to avoid a downturn on financial markets.

This text uses material from Wikipedia, licensed under CC BY-SA