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Infrastructure

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  • Congress begins a five-week summer recess that same day. White House support for the 10- month extension has annoyed some Democrats who are opposed because it would push decisions on long-term funding to a newly elected Congress next year. At the very least, Congress should be keeping people on the job who are already there right now, "Obama said.

  • US roads & private money     Tuesday, 15 Jul 2014 | 2:46 PM ET

    Macquarie Bank and Cintra own a 75-year lease on the Indiana toll road. Baruch Feigenbaum, Reason Transportation analyst, explains why this is working, and the private sector's role in improving infrastructure in the U.S.

  • In a visit to a government highway research center in Virginia, Obama is expected to tout work on so-called vehicle-to-vehicle and vehicle-to-infrastructure communication technology to improve navigation, according to the White House.

  • House passes highway bill as deadline looms Tuesday, 15 Jul 2014 | 3:14 AM ET

    The action cobbles together $10.8 billion by using pension tax changes, customs fees and money from a fund to repair leaking underground fuel storage tanks to keep the federal Highway Trust Fund, which pays for transportation programs nationwide, solvent through May 2015.

  • Jindal leases state parking garage for $2M Monday, 14 Jul 2014 | 11:55 AM ET

    Bobby Jindal's administration is leasing the rights to a state-owned parking garage for $2 million to help balance Louisiana's budget, a deal that appears to have the state taking a loss for the cash up front.

  • Obama to press for action on transportation funds Monday, 14 Jul 2014 | 6:09 AM ET

    WASHINGTON— President Barack Obama is pressing Congress to make a long-term commitment to keep highway and transit aid flowing to states, but lawmakers appear headed for a short-term patch to sustain projects through next May.

  • Biden calls on governors to lead nation Friday, 11 Jul 2014 | 3:06 AM ET

    NASHVILLE, Tenn.— Vice President Joe Biden on Friday condemned the political gridlock crippling Washington, calling on Republican and Democratic governors alike to lead the nation "out of this mess" while insisting that Congress approve billions of dollars to repair the country's aging infrastructure.

  • HONG KONG, July 10- China's copper imports fell 7.9 percent month-on-month in June, dropping as Chinese banks reduced lending for metals imports following a probe into an alleged metals fraud at Qingdao port.

  • Boehner: Use pension trick to save highway fund Wednesday, 9 Jul 2014 | 10:34 AM ET
    Speaker John Boehner, R-Ohio

    House Speaker John Boehner said he welcomes a "pension smoothing" idea for raising highway funds and hopes to pass a bill within two weeks.

  • Ten states with the worst highway spending woes Tuesday, 8 Jul 2014 | 9:48 AM ET

    State officials are pausing critical highway, bridge and mass transit projects as collapse of the federal Highway Trust Fund looms. Fiscal Times.

  • Big business pushes Congress on crumbling roads Tuesday, 8 Jul 2014 | 8:43 AM ET
    Construction crews work on a freeway overpass along Highway 101 in Novato, California.

    As the Highway Trust Fund approaches exhaustion, business leaders are pushing for new roads and funds. The NYT reports.

  • Privatize our roads?     Monday, 7 Jul 2014 | 2:52 PM ET

    Walter Block, Ph.D. economics professor at Loyola University, makes the case for private roads in the U.S.

  • World Cup overpass project collapses in Brazil Thursday, 3 Jul 2014 | 4:57 PM ET
    File Photo - Fans of the Brazilian football team buy food on the street from a mobile catering van after watching Brazil play Cameroon on June 23, 2014 in Belo Horizonte, Brazil.

    An overpass in Brazil that was part of the World Cup infrastructure plan has collapsed onto vehicles below.

  • US airports' billion $ problem     Wednesday, 2 Jul 2014 | 2:15 PM ET

    Roger Dow, U.S. Travel Association president, discusses how airport congestion and infrastructure issues are discouraging overseas travelers from coming to the Unites States.

  • Obama administration: Highway funds are drying up Tuesday, 1 Jul 2014 | 4:52 PM ET
    Anthony Foxx, Secretary of Transportation

    The Obama administration warned states that federal highway funds will be mostly gone in August, limiting the money for road and bridge projects.

  • In a convoy that stretches hundreds of meters, the trucks travel east across northern Israel, bringing goods from Europe to customers in Jordan and beyond. The number of trucks crossing between Israel and Jordan has jumped some 300 percent since 2011, to 10,589 trucks a year, according to the Israel Airports Authority.

  • Here's Amazon's biggest problem Monday, 30 Jun 2014 | 12:40 PM ET
    Amazon delivery via Prime Air drone

    Here is the one big roadblock to Amazon's success, says Jake Novak.

  • SANAA, June 26- Suspected Islamist militants attacked an airport in the eastern Yemeni city of Seiyun early on Thursday, clashing with soldiers and occupying parts of the building, sources at the airport said.

  • Islamists attack airport in Yemen's Hadramawt region Thursday, 26 Jun 2014 | 4:07 AM ET

    SANAA, June 26- Suspected Islamist militants attacked the airport in Seiyoun in Hadramawt province of eastern Yemen early on Thursday, occupying parts of it and clashing with soldiers, sources at the airport told Reuters. There were no immediate reports of casualties but the sources said fighting continued in the airport.

  • 5 critical steps for Ukrainian energy independence Wednesday, 25 Jun 2014 | 4:36 PM ET
    Ukrainian soldiers guard a roadblock along the highway on April 30, 2014 near Slavyansk, Ukraine.

    It is possible for Ukraine to free itself from dependence on Russian natural gas, according to Oilprice.com.