Tech
Can Amtrak Finally Bring High-Speed Rail To Texas?
After decades of research, the U.S. remains without authentic high-speed rail options. Federal planners believe that a route connecting major cities in Texas may be an ideal fit.
In 2014, a group organized under the name Texas Central announced plans to connect Dallas to Houston with a bullet train that travels more than 200 miles per hour, shortening a three and a half hour drive to a 90-minute train ride. The route would connect two large and fast-growing population centers, making one stop near local universities in the Brazos Valley.
The Texas Central project has been repeatedly delayed as its backers navigate various regulatory hurdles, including environmental reviews and disputes over property rights. The leadership team at Texas Central resigned in the middle of land acquisition for the process. Texas Central declined multiple requests for comment from CNBC.
The project is expected to cost at least $33.6 billion dollars, according to a March 2023 analysis from the Reason Foundation. Similar high-speed rail projects around the world have faced substantial cost overruns in development. That includes Japan’s Tokaido Shinkansen system and California High-Speed Rail, which could someday connect Los Angeles to San Francisco.
The Texas effort has received substantial support from businesses in Texas, Japanese firms and the U.S. government. With a historic $66 billion commitment to passenger rail, the U.S. government under Biden appears to have its best bet in generations to start an authentic high-speed rail system. But the future of publicly subsidized projects, including Texas Central and California High-Speed Rail remain uncertain.
Amtrak told CNBC that if Texas Central passes a financial review, it could be open for passengers as soon as the early 2030s.
Chapters:
0:00 – 1:50 Introduction
1:55 Chapter 1 – Texas Triangle
4:35 Chapter 2 – Landowners
8:55 Chapter 3 – Amtrak partnership
12:02 Chapter 4 – Shinkansen in Texas
Produced, Shot and Edited by: Carlos Waters
Supervising Producer: Jeniece Pettitt
Additional production by: Liam Mays
Additional Camera by: Katie Brigham, Nathaniel Lee, Magdalena Petrova, Andrew Evers, Ashley Stringer
Animation: Christina Locopo
Additional Footage: Getty Images, KBTX
Additional Sources: Google Maps, North Central Texas Council of Governments, Reason Foundation, Rethink35, Texas State Library Archives, Texas Supreme Court
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Can Amtrak Finally Bring High-Speed Rail To Texas?
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BMW debuted its refreshed version of the 7 Series sedan, the brand’s full size flagship vehicle in April. It’s the most extensive update BMW has undertaken. The company’s North American boss said it won’t give up on sedans, even though many other luxury and premium automakers have. SUV’s now outsell sedans by a pretty wide margin–especially in the full-size category. In addition, BMW’s X7 SUV is made in South Carolina, while it’s 7-Series is imported from Germany. That puts tariff pressure on it. BMW’s North America head Sebastian Mackensen says sedans still matter to the brand and the 7-Series still represents “the pinnacle of what we produce”.
Reporting by: Robert Ferris
Editing: Darren Geeter
Camera: Natalie Rice, Macklin Fishman
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images, BMW
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Kevin Warsh, if confirmed, may be the wealthiest Federal Reserve Chairmen in U.S. history. His financial disclosures indicate holdings of over $135 million. The paperwork indicates stakes in emerging companies like Polymarket and SpaceX, governance roles at companies like Coupang and UPS, alongside vast investments in funds tied to Warsh’s time working with Stanley Druckenmiller. CNBC’s Matt Peterson explains how his experiences could inform forthcoming Fed decisions.
Reporter: Matt Peterson
Produced and Edited by: Carlos Waters
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images
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For its first 30 years, Nvidia wasn’t a household name unless you were a gamer. Now, some of its original fan base feel left behind now that AI has made the chipmaker into the world’s most valuable company. Nvidia popularized the graphics processing units, or GPUs, that make the best video game play possible and gamers saved Nvidia from near bankruptcy when it bought the company’s first GPU in 1999. Twenty seven years later, 2026 may be the first year Nvidia doesn’t release a new GeForce gaming GPU – and a new AI-powered rendering software called DLS55 caused a major backlash among gamers when CEO Jensen Huang unveiled it at GTC in March. With more than 91% of revenue coming from data center chips, and a global memory shortage, it’s no surprise that Nvidia has prioritized the highly profitable Blackwell and Rubin GPUs over its GeForce RTX line – although Nvidia tells CNBC that gamers remain “hugely important.”
Produced by: Katie Tarasov
Edited by: Darren Geeter
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato, Emily Park
Additional Footage: Getty Images, Nvidia, AMD
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The Navy Exchange, which is owned by the U.S. government, has long provided discounted, tax free goods to military members and their families. The profits all go back to helping to improve welfare programs for those enrolled in the Navy, but, in recent years, sales have declined and is now in the process of renovating its stores with planned investments of around $100 million across its fleet of stores to better compete with major e-commerce players.
Produced and Shot by: Ryan Baker
Edited by: Darren Geeter
Additional Camera by: Magdalena Petrova
Reporter: Gabrielle Fonrouge
Animation by: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images, Nexcom
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How The Navy Exchange Is Fighting To Win Back Shoppers From Amazon And Walmart
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Grocery stores like Kroger are using AI to help find value for perishable food that would otherwise end up in the trash. The data being generated by Flashfood and companies like it are giving retailers insights into consumer behaviors like showing what products will sell, at what price and at what point they are in their shelf life. CNBC’s Brandon Gomez looks into this growing technology.
Produced, Shot and Edited by: Natalie Rice
Reporting by: Brandon Gomez
Animation: Jason Reginato, Christina Locopo
Senior Director of Video: Lindsey Jacobson
Additional Footage: Flashfood, Getty Images
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