GO
Loading...

Infrastructure

More

  • China rail official sentenced to death for graft Friday, 17 Oct 2014 | 12:56 AM ET

    BEIJING— A former top Chinese railway official was convicted of taking nearly $8 million in bribes and given a suspended death sentence, a court said Friday. The ruling against Zhang Shuguang, formerly the deputy chief engineer for the now-defunct Railway Ministry, came more than a year after the former railway minister Liu Zhijun was convicted of corruption...

  • Time to invest in infrastructure: Wesley Clark Wednesday, 15 Oct 2014 | 10:18 AM ET
    Wesley Clark

    There's a lot of money sitting on the sidelines of the global economy. Let's put it to work to benefit all, says Ret. Gen. Wesley Clark.

  • CHICAGO, Oct 13- Shares of No. 3 U.S. railroad CSX Corp rose nearly 10 percent on Monday following a report of a rebuffed takeover bid by Canadian Pacific Railway Ltd, but analysts said any such deal would face significant regulatory and other hurdles. The Wall Street Journal reported on Sunday that the No. 2 Canadian railroad made a bid last week for Jacksonville,...

  • CHICAGO, Oct 13- Shares of No. 3 U.S. railroad CSX Corp rose nearly 10 percent on Monday following a report of a rebuffed takeover bid by Canadian Pacific Railway Ltd, but analysts said any such deal would face significant regulatory and other hurdles. The Wall Street Journal reported on Sunday that the No. 2 Canadian railroad made a bid last week for Jacksonville,...

  • Judge: City retains control of Charlotte airport Monday, 13 Oct 2014 | 12:45 PM ET

    CHARLOTTE, N.C.— A North Carolina judge says Charlotte will maintain control of one of the nation's busiest airports instead of a commission pushed by state Republican lawmakers. Judge Robert Ervin on Monday blocked the commission from taking over Charlotte Douglas International Airport while both sides wait for a decision by the Federal Aviation...

  • CHICAGO, Oct 13- Shares of No. 3 U.S. railroad CSX Corp rose nearly 10 percent on Monday following a report of a rebuffed takeover bid by Canadian Pacific Railway Ltd, but analysts said any such deal would face significant regulatory and other hurdles. According to the report in the Wall Street Journal late on Sunday, the No. 2 Canadian railroad made a bid last week for...

  • *United States, Germany lack political will to spend. In the United States, an Obama administration proposal to overhaul roads and bridges is stymied in Congress, evidence of the difficulty even wealthy nations may face in deciding between higher debt today and future productivity. Canadian Finance Minister Joe Oliver, speaking to reporters on the sidelines...

  • The tie-up was approved after four out of five commissioners at the Federal Maritime Commission voted not to seek further information from the two shippers about the impact of the alliance on exporters and ports. The U.S. approval will come into force on Saturday, Richard Lidinisky Jr, Federal Maritime Commission commissioner, told Reuters.

  • DALLAS, Oct 8- The first person diagnosed with Ebola in the United States died on Wednesday and the government ordered five airports screen passengers from West Africa for fever, underscoring concerns about U.S. treatment and preparedness for the virus. The administration of President Barack Obama has been under pressure from lawmakers to enhance screening...

  • *Financing fraud at Qingdao port delaying expected nickel deficit. *China exports more than 50,000 T nickel in June-Aug. SYDNEY, Oct 3- A commodity fraud at China's Qingdao port has hit bank financing of metal deals, sparking a surprise jump in nickel exports and pushing back expectations of a global supply shortage of the metal used mainly in stainless steel.

  • Montclair, N.J., Sept 24- The New York City suburb of Montclair, New Jersey, may be picturesque, but its roads are a mess. Just paving them would cost $9 million, not including curbs and other features, Montclair Mayor Robert Jackson told state lawmakers on Wednesday.

  • GE: Optimistic about growth in the US, China     Thursday, 18 Sep 2014 | 8:12 PM ET

    John Rice, Vice Chairman of General Electric, expects the U.S. recovery to fuel global demand for infrastructure. He is also confident that China can achieve 7.5 percent growth this year.

  • NEW YORK, Sept 16- The U.S. federal government has rejected most of a $511 million loan request for the renewal of New York state's Tappan Zee Bridge, dealing a blow to one of governor Andrew Cuomo's most prominent infrastructure projects just weeks ahead of state elections.

  • SAN FRANCISCO, Sept 5- A San Francisco Superior Court judge on Friday dismissed a lawsuit brought by environmental groups against Kinder Morgan's Richmond, California, rail terminal, which quietly began unloading crude oil from trains this year, saying the plaintiffs waited too long to file their complaint.

  • TORONTO, Sept 2- Amtrak, the U.S. passenger rail service, said on Tuesday that it has asked U.S. regulators to investigate "unacceptable train delays" on its Illinois routes that use Canadian National Railway Co tracks.

  • ULAN BATOR, Aug 22- China and Mongolia have signed 26 new deals on railroads, mining and power generation during Chinese President Xi Jinping's state visit that began on Thursday, Mongolia's Ministry of Foreign Affairs said. Closer economic relations with China may be landlocked Mongolia's answer to recent economic woes.

  • Why Wall Street is betting on infrastructure fixes Wednesday, 20 Aug 2014 | 9:30 AM ET

    Big investors are shaping transportation in 2039 by betting on relatively boring fixes to bridges, airports and roads.

  • Delays persist for US high-speed rail Wednesday, 6 Aug 2014 | 2:34 PM ET
    An Amtrak Acela train to Boston, arrives in New Haven, Conn.

    Despite $11 billion in spending the Amtrak Acela only hits top speed for five or 10 minutes on the NY-Washington corridor. NYT reports.

  • Neel Kashkari, (R-Calif.) gubernatorial candidate, provides his take on the nation's economic recovery.

  • Finding opportunities in water stocks: Analyst Monday, 4 Aug 2014 | 4:03 PM ET
    A sign warns of algae infestation at Maumee Bay State Park, August 4, 2014 in Oregon, Ohio.

    Problems with the water supply in Toledo, Ohio, highlight the need for improvement in water infrastructure. Here's how one analyst would play it.