$10 million in tax breaks approved for Hyperloop

Nevada’s economic development board Friday approved $10 million in tax breaks for Hyperloop Technologies, which is designing a space-age, high-tech system for moving people and cargo at hundreds of miles per hour.Hyperloop would work similar to the now ancient system businesses used to use to move paperwork through four-inch diameter copper tubes inside a building using compressed air to push a capsule from one place to another.Only Hyperloop would use huge diameter tubes to move cargo an