Mark Dayton unveiled a plan Monday that would resurface or replace 2,200 miles of roadway, repair 330 bridges and boost funding for local infrastructure projects— but would come at a noticeable cost to taxpayers. His proposal would add a new 6.5 percent tax on gas at the wholesale level and hike license tab fees, with a separate sales tax increase in the Twin...» Read More
Debating whether the gas tax should be raised, with CNBC contributor James Pethokoukis and Ed Rendell, former Governor of Pennsylvania.
Steven Rattner, Willett Advisors chairman, shares his thoughts on President Obama's remarks on Wednesday to top executives about tax reform, infrastructure investing, oil's slide and the fallout of gridlock.
President Obama responds to wide concern over deteriorating US infrastructure of highways and bridges, and whether there's an opportunity for bipartisan success.
Doug Oberhelman, Caterpillar chairman & CEO, explains how infrastructure and education can drive growth and create jobs.
Michael Berkowitz, President at 100 Resilient Cities, a $100 million project, describes challenges faced by Asian heavyweights India and China in managing infrastructure.
Grover Norquist, Americans for Tax Reform, and former Gov. Ed Rendell, (D-Pa.), debate whether now is the right time to raise the Federal gas tax in order to finance the rebuilding of the nation's crumbling infrastructure.
Topping the benchmark, Josh Duitz, Alpine Funds, explains why investors should own infrastructure plays around the world via AIFRX.
Sarina Lesmina, Head of Research for Indonesia at CLSA, says the cut in fuel subsidies will likely boost infrastructure, which will benefit cement producers and the construction sector.
Michel Sapin, Finance Minister of France, says investments in infrastructure will enable the country to stimulate and "deeply modernize" its economy.
The promotion of global growth, along with an infrastructure initiative, will be top priorities at the G-20 Summit, says Steve Ciobo Parliamentary Secretary to the Treasurer, Australia.
China's economic risks may keep market watchers up at night, but at least one analyst believes the bugbears are reasons to be bullish.
Some big energy companies are showing signs of pulling back on capital expenditures, according to a report in Oilprice.com.
CNBC's Rick Santelli and David Stockman, former OMB Director under President Reagan, discuss the truth behind infrastructure spending.
NEW YORK, Nov 7- A decision by the U.S. aviation regulator has moved forward plans by a small Georgia airport to begin commercial airline service, despite strong opposition by Delta Air Lines and the city of Atlanta, the local county authority said on Friday. The approval by the Federal Aviation Authority, related to the handling of federal grants for the Paulding...
Google unveiled a slew of new cloud features on Tuesday and announced a new round of price cuts for some of its corporate cloud services.
A year after violence crushed Egypt, a different picture is emerging as investment is flowing into the country again and GDP may be back on track.
SAN JUAN, Oct 30- Puerto Rico will begin overhauling its tax system and financially shoring up its highways and transportation authority in coming months, commonwealth officials said on Thursday, as the commonwealth fights to gain budget stability. Under the reforms, which were designed in consultation with KPMG at a cost of $4.7 million, Puerto Rico would...
Sri Mulyani Indrawati, Managing Director and Chief Operating Officer at the World Bank, explains why Asia is in dire need of infrastructure investment.
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,...