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Infrastructure

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  • How India is eradicating hurdles of doing business   Thursday, 21 May 2015 | 9:12 PM ET
    How India is eradicating hurdles of doing business

    Jayant Sinha, Minister of State for Finance, India, says an "ambitious plan" is at work to bring the quality of India's infrastructure up to world-class levels.

  • Amtrak says the system will be ready by year's end throughout the Northeast Corridor, which stretches from Boston to Washington, with the exception of some track owned by commuter railroads in New York. Democrats want Congress to give Amtrak the entire $2 billion in subsidies the railroad requested for the budget year that starts Oct. 1. They say GOP lawmakers...

  • Low US rail spending sparks safety concerns Wednesday, 20 May 2015 | 9:38 PM ET
    Rescue crews and investigators inspect the site of an Amtrak train derailment in Philadelphia on May 13, 2015.

    For the size of the U.S. economy, it lags far behind many of the world's most developed countries in spending on rail networks. The New York Times reports.

  • The current authorization to spend money from the federal Highway Trust Fund, which finances most aid to states, expires May 31. A Senate vote is expected later this week. Unable to find a politically acceptable solution, Congress has kept the trust fund teetering on the edge of insolvency since 2008. The extension passed by the House would expire July 31, when...

  • How much will Philadelphia crash cost Amtrak? Tuesday, 19 May 2015 | 1:58 PM ET
    Officials meet at the site of a derailed Amtrak train in Philadelphia, May 13, 2015.

    If Congress lifts a claims cap, Amtrak could face damages of as much as half a billion dollars from losses related to last week's crash.

  • OAKLAND, Calif.— Three baggage handlers at Oakland International Airport are accused of using their security clearance to get marijuana-packed suitcases past checkpoints and onto planes as part of a drug smuggling ring involving 11 other people, federal prosecutors said. The group was operating as early as July 2012, according to the complaint.

  • India's Modi faces dissent over spending shakeup Monday, 18 May 2015 | 8:51 PM ET
    BJP leader Narendra Modi.

    Modi's cuts in federal welfare spending on the poorest of India's 1.25 billion people are coming in for criticism, including from within his cabinet.

  • Why China is fostering closer ties with Latin America

    Don Hanna, Asia managing director at Hanna-Roubini Global Economics, outlines the economic motivations behind China's aim to foster stronger ties with Latin America.

  • Wyoming governor pushes coal ports on Northwest trip Monday, 18 May 2015 | 1:37 PM ET

    CHEYENNE, Wyo.— Faced with sliding domestic demand for coal, the governor of Wyoming has kept pressing for access to deep-water ports in the Northwest that would allow exports to Asian markets. Jay Inslee in Olympia and plans to meet Tuesday with Oregon Gov. The stakes are high for Wyoming— the nation's leading coal-producing state— to find new markets.

  • House GOP plans 2-month extension of highway funds Friday, 15 May 2015 | 4:22 PM ET

    Republicans from both chambers said they expected Congress to approve the legislation next week. White House spokesman Eric Schultz charged that it would be a "dereliction of responsibility" for lawmakers to return to their districts without approving the legislation. As a result, Congress has approved a series of short-term extensions— most recently, one...

  • Crumbling railways put passengers at risk Friday, 15 May 2015 | 9:38 AM ET
    Investigators and first responders work near the wreckage of Amtrak Northeast Regional Train 188, from Washington to New York, that derailed yesterday May 13, 2015 in north Philadelphia, Pennsylvania.

    Decades of underinvestment in outmoded infrastructure have put millions of railroad passengers at risk.

  • America's rails in focus

    Discussing investment in America's rail infrastructure, with Ed Hamberger, Association of American Railroads.

  • The cost of keeping NYC commuters safe   Thursday, 14 May 2015 | 2:17 PM ET
    The cost of keeping NYC commuters safe

    1.5 million people commute into New York City daily, so what would happen if one of the two tunnels into Manhattan were to close, with Tom Wright, Regional Plan Association President.

  • Freight train derails near Pittsburgh   Thursday, 14 May 2015 | 11:01 AM ET
    Freight train derails near Pittsburgh

    The derailed cars are empty, according to a local NBC affiliate.

  • Amtrak desperately in need of infrastructure investment: Pro

    Discussing the derailment of the Amtrak train and infrastructure issues in the U.S., with Richard Ravitch, former New York LT. Governor.

  • The problem with America's infrastructure   Wednesday, 13 May 2015 | 3:18 PM ET
    The problem with America's infrastructure

    Brian Pallasch, ASCE Managing Director, discusses the grade of America's rail infrastructure and lack of funding.

  • Brian Sullivan sits down with Canada's Minister of Finance

    Brian Sullivan's First on CNBC interview with Canadian Minister of Finance Joe Oliver at SIFMA's 2015 Canada-U.S. Securities Summit. They discuss the upside to oil price declines, U.S.-Canada trade, infrastructure and more.

  • Investigating the fatal derailment   Wednesday, 13 May 2015 | 2:19 PM ET
    Investigating the fatal derailment

    Insight to what could have happened to the derailed Amtrak train, with Rick Campbell, CTC President.

  • Day after crash, House committee votes to cut Amtrak funding

    A House committee voted to cut Amtrak funding by $251 million, reports CNBC's John Harwood.

  • Was the train going 100mph?   Wednesday, 13 May 2015 | 2:14 PM ET
    Was the train going 100mph?

    Authorities say the Philly train that derailed Tuesday night was going at least 100 mph, reports CNBC's Eamon Javers.