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Infrastructure Transportation Infrastructure

  • John Flannery, chief executive officer of GE.

    GE should suspend its quarterly dividend for the next 18 months, Goldman Sachs wrote in a Thursday night note to clients.

  • Officials at Orlando International Airport said the expansion of face scans would speed up the time it takes for passengers to go through customs. "The process of going into and out of Orlando is going to be greatly enhanced." Airports in Atlanta, Boston, Chicago, Houston, Las Vegas, Miami, New York and Washington already use face scans for some departing...

  • Airports in Atlanta, Boston, Chicago, Houston, Las Vegas, Miami, New York and Washington already use face scans for some departing international flights, but they don't involve all international travelers at the airports like the program's expansion in Orlando would. The image from the face scan is compared to a Department of Homeland Security biometric...

  • The lawsuit was filed on Tuesday evening in New York's Supreme Court in Albany, the state capital. Other defendants include Buckeye Fire Equipment Co, Chemguard Inc, Kidde-Fenwal Inc, National Foam Inc and Tyco Fire Products LP. The five airports are Stewart International Airport in New Windsor, Stewart Air National Guard Base in Newburgh, Francis S. Gabreski...

  • Federal investigators say a fatigue crack in the left engine compressor on a British Airways jet was to blame for an aborted takeoff and fire at a Las Vegas airport in 2015.. One flight attendant was seriously injured in the Sept. 8, 2015, incident at McCarran International Airport. In a report released Wednesday, the National Transportation Safety Board said it...

  • The lawsuit was filed on Tuesday evening in New York's Supreme Court in Albany, the state capital. The other defendants are Buckeye Fire Equipment Co, Chemguard Inc, Kidde-Fenwal Inc, National Foam Inc and Tyco Fire Products LP. The five airports are Stewart International Airport in New Windsor, Stewart Air National Guard Base in Newburgh, Francis S. Gabreski...

  • COPENHAGEN, Denmark— Norway's transportation minister and the head of the Scandinavian country's airport operator took off Monday for a short flight... aboard a Slovenian-made two-seater electric airplane. Dag Falk-Petersen, head of Avinor, sat at the commands of the white Pipistrel Alpha Electro G2 while Ketil Solvik-Olsen sat in the passenger seat.

  • *Sale of ADP stake part of privatisation drive. LONDON, June 15- Construction company Vinci has approached investors to launch a multi-billion-euro bid for part of French airport group Aeroports de Paris, the largest of President Macron's planned state sell-offs, four financial sources said. The deal, among the first of the planned privatisations, would see...

  • *Sale of ADP stake part of privatisation drive. LONDON, June 15- Construction company Vinci has approached investors to launch a multi-billion-euro bid for part of French airport group Aeroports de Paris, the largest of President Macron's planned state sell-offs, four financial sources said. The deal, among the first of the planned privatisations, would see...

  • Japanese retail investors are snatching up shares of the firms that may benefit from a potential thaw between Tokyo and Pyongyang, even though the Japanese government has been a staunch supporter of "maximum pressure" on North Korea. The firm is based in the port city of Niigata, a major hub for trade with the areas surrounding the Sea of Japan, such as Russian Far...

  • CHICAGO— A newly announced project by billionaire innovator Elon Musk for a tunnel transit system that would carry travelers to and from Chicago O'Hare International Airport at up to 150 mph is just another project on a growing list of Musk dream projects. But contrast, NASA has spoken about the mid-2030s as a realistic goal sending humans to Mars.

  • CHICAGO— The Latest on plans for a high-speed transportation system between downtown Chicago and O'Hare Airport:. Entrepreneur Elon Musk says a high-speed transportation system that will whisk people between downtown Chicago and O'Hare International Airport in about 12 minutes could be operational in about three years. Musk joined Chicago Mayor Rahm...

  • CHICAGO, June 14- Chicago has selected Elon Musk's Boring Co to build a $1 billion underground transit system that will whisk people from Chicago's downtown Loop district to O'Hare International Airport at 150 miles per hour, the billionaire entrepreneur and Mayor Rahm Emanuel said on Thursday. "Were there doubters when Chicago said we're going to build the...

  • CHICAGO, June 14- Chicago has selected billionaire entrepreneur Elon Musk's Boring Co to build a high-speed underground commuter system from the downtown Loop district to O'Hare International Airport, one of the world's busiest, the company and the mayor's office said. The service from downtown to the airport on electric vehicles in underground tunnels...

  • CHICAGO, June 14- Chicago has selected billionaire entrepreneur Elon Musk's Boring Co to build a high-speed underground commuter system from the downtown Loop district to O'Hare International Airport, one of the world's busiest, the company and the mayor's office said. The service from downtown to the airport on electric vehicles in underground tunnels...

  • Elon Musk waves after speaking at a Boring Company community meeting in Bel Air, Los Angeles, California, May 17, 2018.

    The Boring Company said it beat a consortium that included the engineering firm Mott MacDonald and an infrastructure fund backed by basketball star Earvin "Magic" Johnson.

  • COPENHAGEN, June 13- The prime ministers of Denmark and Greenland on Wednesday agreed to explore if and how Danish funding could be used to build three planned airports in Greenland. Greenland is a self-ruling part of the Kingdom of Denmark, and while its government decides on most domestic matters, foreign and security policy is handled by Copenhagen.

  • BERLIN— German airline Lufthansa says 10 airport workers have suffered minor injuries from smoke inhalation when a vehicle pulling a jet to a gate caught on fire. Lufthansa said that it was still not clear how the fire broke out Monday morning at Frankfurt Airport, but that the cockpit of the empty passenger aircraft was seriously damaged by the heavy smoke.

  • June 11- Bombardier Inc and its partners have been awarded a $4.9 billion contract to build and operate a passenger transit system at the Los Angeles International Airport, the company said on Monday. The Canadian plane and train maker has a 10 percent stake in the venture, which also includes Balfour Beatty, ACS Infrastructure and Fluor Enterprises.

  • The UK government wants to expand Heathrow Airport, the busiest in London, Britain and Europe, but a new runway won't be ready until 2026, which Stansted said will give it an opportunity to grow its connections to the rest of the world. Emirates, which already operates nine daily flights between London and Dubai from Heathrow Gatwick, said that it was also...