Under a schedule outlined by Majority Leader Harry Reid, D- Nev., the Senate would take up that bill Tuesday. But senators who say the House bill uses budgetary gimmicks to pay for roads and bridges or who want to force Congress to act before the end of the year on a long-term plan to pay for transportation programs are expected to offer amendments.» Read More
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.
More global companies are interested in targeting investments in sub-Saharan Africa, but it isn't clear that high hopes for the region will pan out.
Senator Mitch McConnell said Republicans were open to using a tax holiday for multinational companies to pay for highway construction.
U.S. Senators Harry Reid and Rand Paul are pushing for a one time tax repatriation holiday to pay for the Highway Trust Fund. CNBC contributors James Pethokoukis and Jared Bernstein, share their opinions.
A new proposal in Congress could potentially give a tax break to corporations to bring overseas profits back home, while also raising money to fix roads. CNBC's John Harwood has the details.
Media companies are among the commercial groups not allowed under current FAA rules, but tens of thousands of drones are already in use in the United States, often flouting federal restrictions, for a wide range of tasks from farming to film making.. The FAA last month highlighted a case where a drone nearly collided with a passenger plane near a Florida airport.
Dickie Wong, Executive Director at Kingston Securities, explains why shares of China's second biggest trainmaker by sales saw a negative open at its Hong Kong market debut.
Susan Story discusses her vision for the nation's largest publicly traded water utility and the impact of California's drought.
As a global business, Rio Tinto CEO Sam Walsh AO offers this advice to world leaders for how to spur growth.
WASHINGTON, May 15- A U.S. Senate committee passed a six-year transportation bill on Thursday that would keep federal spending on highways and mass transit at current levels but does not tackle the looming shortfall in the Highway Trust Fund.
OTTAWA, May 13- A train engineer charged with criminal negligence in a Canadian rail disaster that killed 47 people in Lac-Megantic, Quebec last July will seek to be released on bail at a court appearance on Tuesday, his lawyer said.
TORONTO/ OTTAWA, May 12- Canadian authorities on Monday charged Montreal, Maine and Atlantic Railway Ltd and three employees with criminal negligence following last summer's train derailment in Lac-Megantic, Quebec, that killed 47 people.
TORONTO, May 12- Canadian authorities have charged three men as well as Montreal, Maine and Atlantic Railway Ltd with criminal negligence following last summer's train derailment in Lac-Megantic, Quebec that killed 47 people.
BEIJING, May 8- Chinese imports of soybeans hit their highest so far this year in April, climbing 63.5 percent from the same month in 2013, official customs data showed on Thursday. Growth was helped by more imports from Brazil, China's top supplier, after port congestion last year delayed shipments. "There are no logistics problem in Brazil, not like last year.
With money running out to fix America's roads and bridges, former Pennsylvania Governor Ed Rendell believes a gas tax hike is needed, and fast.