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Transportation Infrastructure


  • WASHINGTON, Sept 30- U.S. lawmakers, under mounting pressure from the railroad industry, announced bipartisan legislation on Wednesday to extend a Dec. 31 deadline for costly new safety technology for at least another three years. The bill, introduced by Republicans and Democrats on the House Transportation and Infrastructure Committee, could avert a...

  • WASHINGTON, Sept 30- Lawmakers in the U.S. House of Representatives announced bipartisan legislation on Wednesday to extend the Dec. 31 deadline for railroads to implement advanced safety technology for three years to the end of 2018..

  • NEWARK, N.J.— As state and federal officials look for an estimated $15 billion for a new train tunnel between New York and New Jersey, passengers up and down the rail line known as the Northeast Corridor contend with regular disruptions caused by track configurations and infrastructure dating to the time of the Model T— or earlier. With Congress reluctant to fund...

  • DALLAS— Southwest Airlines is so intent on strengthening its grip over Dallas Love Field that it is paying United Airlines $120 million to control two more gates at the airport near downtown. Southwest disclosed the deal Monday during a hearing on a court fight that will determine whether Delta Air Lines can stay at Love Field. By subleasing United's gates...

  • House votes to renew FAA authority for 6 months Monday, 28 Sep 2015 | 4:18 PM ET

    Congress typically renews the FAA's authorization every four to six years, using the bills as an opportunity to address a wide range of aviation issues. Bill Shuster, R- Pa., the House Transportation and Infrastructure Committee chairman, has said he intends to introduce a "transformational" reauthorization bill that will spin off air traffic control, thus...

  • The rise of green buildings in Singapore Thursday, 24 Sep 2015 | 11:49 PM ET
    The rise of green buildings in Singapore

    John Keung, CEO of Building and Construction Authority (BCA), says nearly 30 percent of the buildings in Singapore are green buildings which provide better indoor environments.

  • CAMDEN, N.J.— A developer that is remaking the Philadelphia skyline plans a $1 billion transformation of a 16- acre swath of the Camden waterfront, the latest in a series of projects spurred on by the promise of state tax incentives for companies that relocate to the city. "So it's not just a bunch of buildings and parking lots," said Stern, designer of the Comcast...

  • Keen to invest in China? Here's what to buy Wednesday, 23 Sep 2015 | 9:32 PM ET
    Keen to invest in China? Here's what to buy

    Paul Pong, managing director of Pegasus Fund Managers, likes military stocks because China will likely increase its military budget. He also thinks the 'One belt, one road' initiative will lift sectors such as infrastructure.

  • Europe gave China vote of confidence by joining AIIB: Jin

    European nations are convinced that the Asian Infrastructure Investment Bank (AIIB) will be a "first-class multilateral institution with 21st century governance," says Jin Liqun, President-Designate of AIIB.

  • Fix the US transportation system now Thursday, 17 Sep 2015 | 6:00 AM ET
    Infrastructure construction site.

    How bad is the US infrastructure system? Well, it ranks behind Germany, Japan and even this tiny country, says Doug Oberhelman.

  • SHANGHAI, Sept 9- China will strengthen fiscal policy, boost infrastructure spending and speed up reform of its tax system to support the economy, the Ministry of Finance said, joining other steps by authorities to re-energise sputtering growth. The National Development and Reform Commission approved two railway projects on Tuesday with a total value of...


  • Celebrating World Skyscraper Day with Asia's best Wednesday, 2 Sep 2015 | 5:06 AM ET

    There is no where better to admire skyscrapers than in Asia, home to some of the tallest buildings of our time.

  • China's AIIB looks to beat World Bank on loan terms Tuesday, 1 Sep 2015 | 8:28 PM ET
    Jin Liqun, left, current secretary general of the Multilateral Interim Secretariat of Asian Infrastructure Investment Bank, shakes hands with China's Finance Minister Lou Jiwei ahead of a signing ceremony of articles of agreement of the AIIB, at the Great Hall of the People in Beijing, June 29, 2015.

    China's new international development bank will offer loans with fewer strings attached than the World Bank, sources said.

  • In pictures: Hurricane Katrina then and now Sunday, 30 Aug 2015 | 11:06 AM ET
    Canal Street is flooded a day after Hurricane Katrina blew through August 30, 2005 in New Orleans, Louisiana.

    Ten years after Hurricane Katrina, photographer Mario Tama revisited locations that he captured in 2005.

  • State infrastructure lacks efficiency: Fund Manager Friday, 28 Aug 2015 | 3:30 AM ET
    State infrastructure lacks efficiency: Fund Manager

    Andrew Charlesworth, fund manager at John Laing Infrastructure Fund, says government-funded infrastructure projects can end up being less efficient than those led by the private-sector.

  • CNBC update: Arrest in TV crew shooting 'imminent' Wednesday, 26 Aug 2015 | 11:34 AM ET
    CNBC update: Arrest in TV crew shooting 'imminent'

    Virginia Gov. McAuliffe says an arrest is imminent for the killing of two journalists during a live TV interview, reports CNBC's Sue Herera.

  • America has a dam problem Friday, 21 Aug 2015 | 12:00 PM ET
    America has a dam problem

    The country has over 80,000 dams and fixing them will cost tens of billions of dollars. Jane Wells reports from a $500 million new dam being built in California because the old dam is right next to an active fault line.

  • Race to rebuild America's bridges Friday, 21 Aug 2015 | 7:42 AM ET
    Race to rebuild America's bridges

    CNBC's Mary Thompson reports on the unusual relationship between Pennsylvania and private partners to implement a fast fix for the state's crumbling bridges.

  • MOSCOW, Aug 21- Two brothers belonging to President Vladimir Putin's inner circle lobbied for the appointment of Deputy Transport Minister Oleg Belozerov as the new head of Russia's vast state railway monopoly, the newspaper Vedomosti reported on Friday, citing anonymous sources. The paper quoted several sources as saying Belozerov was close to Arkady and...