*Libya oil guards take control of Hariga port, Zueitina pending. *OPEC sees lower demand for its crude in 2014. NEW YORK, April 10- Global crude oil drifted modestly lower on Thursday, pressured by weaker economic data from China as well as the prospect of a rebound in oil exports from Libya.» Read More
Police arrest six people to bust an LAX theft ring that stole an uncounted amount of valuables. The LAT reports.
Singapore's Changi Airport has been voted the world's best airport with not a single U.S. facility making the top 10.
WASHINGTON, March 26- The U.S. National Transportation Safety Board issued a safety alert on Wednesday on how airplane pilots can avoid landing at the wrong airport, after recent incidents when planes landed on much shorter runways than their intended destinations.
NATIONAL TRANSPORTATION SAFETY BOARD ISSUES SAFETY ALERT ON WRONG AIRPORT LANDINGS AFTER TWO RECENT INCIDENTS.
No one argues that we should ignore aging infrastructure. But here’s the real problem why it’s not getting fixed, says Jake Novak.
MALABO, March 10- On land cleared of tropical forest, gleaming new office towers, apartment blocks, homes and highways dazzle the eye in Equatorial Guinea, Sub-Saharan Africa's No. 3 energy producer where oil and gas revenues have fed a frenzy of construction.
Buffett tells CNBC he backs the Keystone Pipeline even though it would take away some business from his Berkshire Hathaway rail subsidiary BNSF.
Discussing President Obama's $302 billion highway bill, with CNBC contributor Jared Bernstein, and Steve Moore, The Heritage Foundation chief economist.
Congress faces a Sept. 30 deadline to renew federal funding for transportation programs, and the Highway Trust Fund that helps pay for road and bridge projects is teetering on insolvency.
WASHINGTON, Feb 26- President Barack Obama will announce in St. Paul, Minnesota, on Wednesday a four-year, $302 billion plan to create jobs by fixing the nation's crumbling roads, bridges, rail and transportation infrastructure.
Large parts of the country have been dealing with severe winter weather this year, including heavy snow and ice. The harsh weather has produced an unexpected headache for many drivers in the form of potholes. NBC's Tom Costello reports.
Transportation Secretary Anthony Foxx urged Congress on Thursday to show "a little political courage" and come up with long-term solution to pay for roads. "Congress is going to have to show a little political courage to face this problem," Foxx said.
WASHINGTON, Feb 12- U.S. business and labor leaders urged Congress on Wednesday to raise the federal gasoline tax to prevent a fund that pays for road and bridge projects from running out of money as early as September.
When looking for an investor, Steve Albert and Larry Blackwell of The Brewer's Cow say they need an investor to take their product from point a to point b.
President Obama says he is eager to work with Congress but will take executive actions with his own pen. Obama also urges Congress to act to raise the minimum wage. CNBC's John Harwood reports.
CNBC's Morgan Brennan reports how winter weather is impacting infrastructure and the asphalt business.
SYDNEY, Feb 12- Australia's competition regulator said on Wednesday it was inviting feedback on whether Transurban Group, the country's biggest toll road operator, should be allowed to buy about A $5 billion of roads from the Queensland state government.
Vice President Joe Biden gave a speech about improving America's infrastructure, where he also addressed the problems with airports. Stevens Institute of Technology's Alex Washburn, provides perspective.
Former UBS Americas CEO and current CEO of 32 Advisors Robert Wolf provides insight into President Obama's State of the Union address on Tuesday, and discusses current market conditions. "We should pass an infrastructure bill," he says.
Doug Peterson, president at McGraw Hill Financial, explains that governments are facing a massive gap in infrastructure projects with institutional investors likely to make up the shortfall.