Transportation Infrastructure

  • ATLANTIC CITY, N.J.— Cash-strapped Atlantic City thinks it has found a way to pay off debt while fighting off a threatened state takeover. Mayor Don Guardian said Monday the city's Municipal Utilities Authority will buy the city-owned former Bader Field airport property for about $100 million. Atlantic City is nearing default on a $73 million emergency state...

  • A CRH high-speed train at the Xuchang East Railway Station that is part of China's domestic high-speed rail network.

    China is designing its next generation of trains that can carry passengers at a top speed of 500km/h, the SCMP reports.

  • DALLAS— Prosecutors say a North Texas man who helped smuggle what he thought was cocaine onto flights from Dallas-Fort Worth International Airport must serve nearly 16 years in prison. Moniteveti "Vince" Katoa was sentenced Thursday in Dallas. The packages were flown to Las Vegas, Phoenix, Chicago and San Francisco, plus Newark, New Jersey, and Wichita, Kansas.

  • UNITED NATIONS— Responding to increasing attacks on airports and aircraft, the U.N. Security Council on Thursday unanimously approved its first-ever resolution to address extremist threats to civil aviation and urge beefed-up security. "The Security Council has delivered a resounding call to action for the international community," said Britain's...

  • The A1 bridge between Cologne and Leverkusen in Germany no longer supports trucks weighing more than 3.5 tons.

    Roads and bridges in Germany — as in the United States – are slowly deteriorating from a lack of investment. Now the government is taking action.

  • Monetary policy has run out of steam: EIU's Bew

    Robin Bew, CEO of The Economist Intelligence Unit, says central bank monetary policy isn't working and governments need to do more.

  • Workers constructing Jakarta's new giant sea wall.

    Greater Jakarta sits on a swampy plain and is sinking at a faster rate than any other city in the world.

  • Lew: We need to invest trillions in infrastructure

    Treasury Secretary Jack Lew discusses infrastructure investment and funding in the U.S.

  • Must Read: Clinton's health a campaign issue?

    The "Worldwide Exchange" crew discusses some of the morning's top attention-grabbing headlines, including an article written in the Washington Post by Chris Cillizza titled, "Hillary Clinton's health just became a real issue in the presidential campaign.

  • A bridge connecting express highway between Guiyang City and Qianxi County. Guiyang-Qianxi express highway is an important part in Guizhou's high-speed structures, with a length of 78.436 kilometers.

    The cities powering China's growth mostly clustered on its coasts, but an inland town has become the top performer, the Milken Institute said.

  • Sept 9- A U.S. judge on Friday signed an order granting Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. "We have the money," said Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing in Newark, New Jersey on Friday. One of the four, the Hanjin Greece, was scheduled...

  • Sept 9- A U.S. judge on Friday signed an order granting Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. South Korea's Hanjin had asked U.S. "We have the money," said Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing in Newark, New Jersey on Friday.

  • Sept 9- A U.S. judge said on Friday he will grant Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. South Korea's Hanjin asked U.S. "We have the money," said Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing in Newark, New Jersey on Friday.

  • Sept 9- A U.S. judge said on Friday he will grant Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. "We have the money to fully service those four ships," Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing in Newark, New Jersey on Friday. Around $14 billion of...

  • Sept 9- Hanjin Shipping Co Ltd has received authority to spend the money needed to dock at U.S. ports and begin unloading four vessels that have been stranded at sea by the company's failure last week, a company lawyer told a U.S. court on Friday. "We have the money to fully service those four ships," Ilana Volkov, an attorney for Hanjin, told a U.S. Bankruptcy Court hearing...

  • Sept 9- Hanjin Shipping Co Ltd has received authority to spend the money needed to dock at U.S. ports and begin unloading four vessels that have been stranded at sea by the company's failure last week, a company lawyer told a U.S. court on Friday. "We have the money to fully service those four ships," Ilana Volkov, a Hanjin attorney, told a U.S. Bankruptcy Court hearing in...

  • Sept 9- Hanjin Shipping Co Ltd has received authority to spend the money needed to dock at U.S. ports and begin unloading four vessels that have been stranded at sea by the company's failure last week, a company lawyer told a U.S. court on Friday. "We have the money to fully service those four ships," Ilana Volkov, a Hanjin attorney, told a U.S. Bankruptcy Court hearing in...

  • Democratic presidential candidate Hillary Clinton and Republican presidential candidate Donald Trump

    "The market has been pricing in a closer election all summer," Strategas's head of policy research tells CNBC.

  • Sept 8- Samsung Electronics Co Ltd on Thursday asked a U.S. judge to allow the South Korean company to pay cargo handlers to remove its goods from Hanjin Shipping Co Ltd's vessels stationed near U.S. ports after the world's seventh-largest container carrier filed for bankruptcy. "There's no earthly reason why these parties should not be permitted to cut their...

  • One Belt, One Road off the drawing board soon: AECOM

    AECOM's Sean Chiao talks about his company's role in China's One Belt, One Road project to improve infrastructure and connectivity in the region.