Momentum is only as good or as bad as the next days starting pitcher. Well, today, the markets appear to have an ace on the hill. The Dow rebounded after a tough eight-day losing stretch, and the other indexes are also up. Our momentum stays on track with the latest insight from Jon Chesto and roundup of the other top business news for Tuesday, March 28. Chesto Means Business Advertisement Generating discussion:Is the MBTA finally ready to start leaving diesel trains in the dust? That question will likely come up at the transit agency in the coming months, after oversight board member Steve Poftak raised the issue of converting the diesel-fueled commuter rail system to electric power in a meeting last week. Poftak later told me hes trying to get some answers beforepreparing a vehicle purchase planfor the T by July. He says hes keeping an open mind, and doesnt favor either fuel source yet. Supporters of electric trains point to the reduction in air pollution, a goal that would help the state meet its aggressive greenhouse-gas limits. Theres also the possibility of speedier service, with less time lost for accelerating away from each station. Electricity could be crucial if … Continue reading
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