DETROIT — On Tuesday Detroit Mayor Dave Bing, Gov. Rick Snyder and U.S. Transportation Secretary Ray LaHood pulled the plug on the city's $528 million light rail project in favor of a regional rapid-transit bus system. Economics was the major factor for scrapping the M1 Rail project, a proposed light rail line along Woodward from downtown to the city limit at Eight Mile Road, reported Detroit Free Press. To read the full story, click here.

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