SACRAMENTO, Calif.— California voters embraced the idea of building the nation's first real high-speed rail system, which promised to whisk travelers from San Francisco to Los Angeles in under three hours, a trip that can take six hours or more by car. In the second phase of a court challenge filed in 2011, attorneys for a group of Central Valley farmers will argue...» Read More
Kansas lowered its unemployment rate from the high 8s of last year to today’s 6.5 percent, due in part to a diversified economy and a Kansas-taxpayer-funded transportation program of $6.48 billion 10-year plan that will create and sustain 175,000 jobs.
After Hurricane Katrina, as the city lost billions of dollars in tourism business, the New Orleans Convention and Visitors Bureau embarked on a mission to overcome unprecedented brand impairment. Today, the tourism industry stands taller, stronger than before.
The Katrina anniversary is all about contrasts. More than one resident has called it a tale of two cities and, as cliched as that phrase may be, it certainly applies here. Unemployment is below the national average, but poverty is twice the national rate.
To really know if we have succeeded, to really know if we have created a New Orleans region better than before, we have to go out ten years. Here we will find the “new normal” that will come to pass after the Katrina money has run dry, and the economy is left to stand on its own.
It's a tall order to transform New Orleans by 2030, but that's the aim of the city's new master plan—five years after Hurricane Katrina hobbled this historic place and the surrounding Gulf coast region.
One company taking advantage of China's explosive economy is Expeditors International of Washington. The air and ocean freight giant, touches both the Chinese and US economies.
What do you do if your roads are congested and polluted? Try designing a vehicle that takes up no road space. And make it partly solar powered. The NYT reports.
What are the transports saying about the US economy? Donald Broughton, managing director and senior transportation analyst at Avondale Partners, shared his outlook.
A crate of Scotch whisky that was trapped in Antarctic ice for a century was finally opened on Friday—but the heritage dram won't be tasted by whisky lovers because it's being preserved for its historic significance.
If you’re running a company, do you notice a loss of productivity, caused by one or more of the following changes? Your staff won’t travel or may be uncharacteristically cantankerous and uncooperative in that they refuse to tackle what they usually do routinely—sales calls, closing deals or meeting clients for lunch.
I know he (allegedly) committed a crime. Yes, he cursed on a loudspeaker in front of children. True, he reportedly lists "recovery" as one of his Facebook interests but grabbed two beers on his way out. I love Steven Slater.
The spectacular meltdown of Steven Slater has countless disillusioned travelers venting their frustrations.
The Fast Money desk uncovered what some view as a positive economic sign and spoke with CEO of one company, who's in the middle of it all.
Move over Susan Boyle and David at Dentist, there's a new Internet sensation in town — Jet Blue Flight attendant (sorry, former flight attendant) Steven Slater!
With a second straight decline in payrolls, it's hard to be optimistic about the jobs picture. But there are some indications that companies are hiring.
American taxpayers who spent $50 billion bailing out General Motors may see some returns, if the Obama administration allows it.
Find some of their most debatable choices in this slide show—and Cramer's opinion on them, of course—which includes the CEOs of Nokia, Johnson & Johnson, Massey Energy, Blackstone Group, WellPoint and more.
Sales of pickup trucks were up 60 percent in July from a year ago at AutoNation, the nation's largest auto dealer, in a clear indicator the economy is recovering, Chairman and CEO Mike Jackson said on CNBC Wednesday morning.
One possible scenario for Avis, which is far smaller than Hertz and also smaller than the company it is seeking [Dollar Thrifty] is for it to counter with the upcoming bid. While Avis is poised to give it a shot, it’s still a long one that it will come out of this winning the war.