Failing U.S. Transportation Infrastructure
A top-notch economy requires a top-notch infrastructure. Yet in the U.S., roads are crumbling. In the past 25 years, miles traveled by car or truck have doubled, but total highway length has barely...
View ArticleAirbus to Build Alabama Plant; Will Employ 1,000
(MONTGOMERY, Ala.) — Airbus’s planned aircraft assembly plant in Alabama will cost $600 million to build and will employ 1,000 people when it reaches full production, officials said ahead of a formal...
View ArticleUPS Sees Global Economy Getting Worse
NEW YORK (AP) — UPS expects the global economy to get worse before it gets better. Again. The world’s largest package delivery company is more pessimistic about U.S. growth than many economists. It...
View ArticleThe Not-So-Mighty Mississippi: How the River’s Low Water Levels Are Impacting...
For those who make their living along the Mississippi River, helping ship many of the country’s most vital commodities, this year’s drought has inevitably raised the specter of 1988. That’s when the...
View ArticleAs Barges Sit Idle Along the Mississippi, the Economic Costs Grow
Close to 100 tows sit motionless in the shriveled Mississippi River along an 11-mile stretch outside of Greenville, Miss. For every day a single towboat sits idle, it costs about $10,000. So when...
View ArticleHigh-speed Railways: Worth Their Hefty Price Tag?
Imagine riding from Philadelphia to New York in only 37 minutes, or from Boston to Washington, D.C., in just three hours on a cutting-edge, high-speed transportation network linking every major city in...
View ArticleLyft: Ride Sharing Startup Zimride Hits the Gas Pedal in San Francisco
John Zimmer had been at Lehman Bros. for just over a year when he realized he didn’t like Wall Street. It was early 2008, and Zimmer, who graduated from Cornell University in 2006, was living in New...
View ArticleUber: Silicon Valley App-Hailing Startup Takes On NYC Taxi Industry
Transportation is central to city life. The daily commute, getting around to meetings, heading out with friends. Urban-dwellers are always on the move — and often, the taxi, bus, or subway train can’t...
View ArticleHow the ‘Maker’ Movement Plans to Transform the U.S. Economy
Chris Anderson was trying to fire up his kids about science and technology when he flew the family’s radio-controlled airplane into a tree on Hopkins St. near their Berkeley, Calif. home. After a lot...
View ArticleOn the Great Lakes, a Dry Summer Slows a Recovering Shipping Industry
Low water levels on the Mississippi River, which have snarled cargo traffic and completely halted hundreds of barges at a time, got most of the media attention during this year’s arid summer. But the...
View ArticlePayPal Ups Ante in Holiday Season Price-Matching Wars
The battle for holiday shopper dollars continues with the launch of the most impressive-sounding price-matching policy offered yet. As it turns out, the policy isn’t being offered by a retailer, but...
View ArticleHey New Yorkers, Are You Ready to Hail a Taxi With Your iPhone?
New York City regulators have approved a pilot project to test the viability of smartphone-based taxi cab hailing. The decision comes after months of wrangling between city government and upstart...
View ArticleMississippi River Could Close to Barge Traffic Within Days
Drought may cause traffic on the Mississippi River – which is used to transport everything from grain to petroleum to coal – to a halt as soon as this weekend. And the stoppage could last for months....
View ArticleWhat’s Getting Cheaper – and What You’ll Pay More for – in 2013
It’s the time of year when lists are made forecasting the rise and fall of household expenses, big and small. Accordingly, it may also be time to tweak the family budget. The top ten list from CNN...
View ArticleLots of Goodies Were Stuffed into the Fiscal Cliff Deal
You’d think that Congress would have kept the fiscal cliff negotiations as simple and tight as possible. The size of the deficit, the threat of automatic spending cuts, and the need for a last-minute...
View ArticleBoeing 787 Battery Fire Was Difficult to Control
(WASHINGTON) — Firefighters and mechanics tried repeatedly to put out a battery fire aboard a Boeing 787 Dreamliner through smoke so thick they couldn’t see the battery, according to documents released...
View ArticleFAA Approves Boeing Plan to Fix 787′s Batteries
(WASHINGTON) — Federal regulators have approved a Boeing plan to redesign the 787 Dreamliner’s fire-prone lithium-ion batteries, although extensive testing will be needed before the planes can fly...
View ArticleNissan Recalls 5 Models for Air Bag Problem
(DETROIT) — Nissan is recalling five of its 2013 models in the U.S. because a faulty sensor can permanently turn off the front-seat passenger air bag. The recall covers the Altima midsize car, as well...
View ArticleBoeing: Commercial 787 Flights to Restart in Weeks
(TOKYO) — Boeing said Friday it sees commercial flights of its grounded 787 jets resuming “within weeks” even though it has not pinpointed the cause of battery overheating.Boeing Co. Chief Project...
View ArticleIn the Wake of Ugly Incidents at Sea, the Cruise Industry Is in Hot Water
When one cruise ship experiences problems at sea, it’s categorized as an isolated incident. What happens when several ships operated by the same company run into high-profile trouble? Lawmakers start...
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