Dave Camp, R- Mich., that cobbles together $11 billion in pension tax changes, customs fees and money from a fund to repair leaking underground fuel storage tanks to shore up the federal Highway Trust Fund through May 2015. In the Senate, the Finance Committee, also on a voice vote, approved a compromise worked out between the committee's chairman, Sen.» Read More
As the Highway Trust Fund approaches exhaustion, business leaders are pushing for new roads and funds. The NYT reports.
MUMBAI, India— India's new rail minister on Tuesday proposed allowing foreign investment to modernize the country's cash-strapped state railways. Sadananda Gowda also outlined plans for a network of high-speed trains, with the first project slated to connect the financial capital, Mumbai, with the home state of new Prime Minister Narendra Modi.
Walter Block, Ph.D. economics professor at Loyola University, makes the case for private roads in the U.S.
HOUSTON— Federal Aviation Administration authorities say air traffic controllers at a Houston airport averted a potential midair collision of two planes.
An overpass in Brazil that was part of the World Cup infrastructure plan has collapsed onto vehicles below.
WASHINGTON— U.S. intelligence officials are concerned that al-Qaida is trying to develop a new and improved bomb that could go undetected through airport security.
WASHINGTON— Intelligence officials are concerned about a new al-Qaida effort to create a bomb that would go undetected through airport security, according to a counterterrorism official, prompting the U.S. to call for tighter security measures Wednesday at some foreign airports.
Roger Dow, U.S. Travel Association president, discusses how airport congestion and infrastructure issues are discouraging overseas travelers from coming to the Unites States.
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 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.
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.
It is possible for Ukraine to free itself from dependence on Russian natural gas, according to Oilprice.com.
The best way to keep government transportation coffers full without hurting future generations is to increase the gas tax, Sen. Bob Corker tells CNBC.
Gerardo Salazar, CEO of Banco Interacciones, explains how the lender is facilitating Asian investment into Mexican infrastructure.
Salman Karim, Managing Director at Orion Group, describes opportunities that he sees in Bangladesh as the country aims to improve its infrastructure.
To help fund transportation programs, Sen. Chris Murphy (D-Conn.) makes the case for raising the gas tax.
CNBC's Morgan Brennan reports on an infrastructure plan that may cause more pain at the pump.
The political debate over whether to raise taxes on gasoline is creating headaches for much-needed road repairs during the critical summer months.