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    Sen. Joe Manchin (D-WV), chairman of the Energy and Natural Resources Committee, sent a letter to President Joe Biden on Tuesday asking him to reconsider his decision to cancel the permit for the highly lucrative Keystone XL Pipeline. “Ongoing development of responsible energy infrastructure supports your ‘Build Back Better’ priorities by keeping Americans working while strengthening North American economic and energy security,”Manchin wrote in a letter obtained by CBS News reporter Cara Korte. “I encourage you to let these processes proceed as intended and to not let politics drive the decisions on the development and operation of our nation’s vital energy infrastructure,” the West Virginia Democrat then implored. NEW: @Sen_JoeManchin sends letter to @POTUS asking him to reconsider decision on Keystone XL. "I encourage you to let these processes proceed as intended and to not let politics drive the decisions on the development and operation of our nation’s vital energy infrastructure."...
    Elected mayor and then president of the Rouen Normandy Metropolis (MRN) last June, the socialist Nicolas Mayer Rossignol campaigned against the eastern bypass of Rouen in the name of climate issues, taking the opposite view of his predecessor from the same political family. He will not have been betrayed by his pink-green majority despite the reservations publicly displayed by some historical pillars of the local PS. At the end of five hours of an eruptive videoconference debate on Monday, 76 elected officials (vs 43) said no to funding this billion public-private project … Follow La Tribune Share economic information, receive our newsletters
    Triple Take: Where does Cory Sandhagens flying knee rank in MMA history? The worst money mistakes a person can make Hacker Boosts Toxic Chemical Level 100-Fold at Water Plant (Bloomberg) -- A hacker breached computer networks at a Oldsmar, Florida, water treatment plant, remotely delivering a 100-fold boost in a chemical that is highly dangerous in concentrated amounts. © Photographer: Andrey Rudakov/Bloomberg A gamer plays video games on a laptop computer at the Dreamhack digital festival in Moscow, Russia, on Saturday, Dec. 5, 2015. Dreamhack is the world\'s largest digital festival and meeting place for gamers, fans and e-sport enthusiasts. In an attack with the potential to harm public health, the hacker on Feb. 5 gained access to a city computer and changed the level of sodium hydroxide -- which is used to remove metals and control acidity -- from 100 parts per million to 11,100 parts per million,...
    U.K. coronavirus variant spreading rapidly through U.S., study finds Amid calls for Moise’s ouster, Haiti announces arrest of 23 people in alleged coup attempt Macquarie’s Infrastructure Unit Bids A$3.4 Billion for Vocus (Bloomberg) -- Macquarie Group Ltd.’s infrastructure unit has bid about A$3.4 billion ($2.6 billion) for data services company Vocus Group Ltd., which has had several potential suitors walk away in recent years. © Bloomberg The Macquarie Group Ltd. logo is displayed at the company's headquarters in Sydney, Australia, on Friday, Oct. 30, 2009. The offer values Vocus shares at A$5.50 each, 26% more than Friday’s closing price, the Sydney-based data company said in a statement Monday. Macquarie has been granted access to Vocus’s books, to enable it to potentially put forward a binding offer, Vocus said. Load Error Vocus shares rose 19% to A$5.20 in early Sydney trading. Vocus has fielded several approaches in recent...
    Kansas plans to spend more than $84 million in federal coronavirus relief funding on infrastructure programs and services across the state, Gov. Laura Kelly said Thursday. The money will come from the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) of 2021. “The Coronavirus Response and Relief Supplemental Act funding allows us to make smart investments in a wide range of infrastructure programs and services across the state – leaving no Kansas county behind,” Kelly said in a news release. “These dollars will not only support necessary infrastructure repairs in our communities, but will also play a key role in our recovery from the COVID-19 pandemic by creating jobs and promoting economic growth. Passed by Congress and signed into law by former President Donald Trump, CRRSAA included $10 billion for state highway and transportation systems. Kansas received $94 million in total, of which $9.1 million go directly...
              The Nashville government has pledged almost $14 million for infrastructure for the first phase of development of a project in River North. River North is a section of East Nashville’s East Bank that Metro Nashville is trying to redevelop, according to the city’s Planning Department website. This area is commonly referred to as “River North.” For years, this area has been home to light industrial and warehousing businesses and it also experienced severe flooding during the flood of 2010. As downtown redevelops, developers are looking to the East Bank, including the northern portion in East Nashville, for redevelopment opportunities. This area is envisioned to redevelop to greater intensity, with taller buildings, capitalizing upon its river location and proximity to downtown. River North is conceptualized as a vibrant, mixed-use, active neighborhood . The activation of the Cumberland River and publicly accessible greenspace are both important...
    NEWTON, Kan. (AP) — Kansas plans to invest the nearly $85 million the state received in federal coronavirus relief funding for infrastructure programs and services in every county, leaving no part of the state behind, Gov. Laura Kelly said Thursday. The governor was joined by Transportation Secretary Julie Lorenz at a street paving project in Newton to announce plans for the statewide distribution of the federal COVID-19 relief money. In deciding how to best invest the money it received, the state also decided on an approach that would invest the maximum amount of dollars into the economy in the least amount of time. It also is targeting additional economic opportunities in communities that have been hardest hit during the pandemic, Kelly said. The federal coronavirus relief funding approved by Congress in December included $10 billion for state highway and transportation systems. Kansas received a total of $94 million, with $9.1...
              Officials with The Tennessee Valley Authority and the Tennessee Department of Environment and Conservation announced Wednesday they will develop more electric car-charging stations in the state, at an anticipated cost of $20 million. TDEC and TVA officials said in a press release that to get the money they “will leverage various funding sources.” “TDEC has committed 15 percent, the maximum allowable, of the State’s Volkswagen Diesel Settlement Environmental Mitigation allocation to fund light-duty EV charging infrastructure. Approximately $5 million from this fund is expected to be allocated to fast charging infrastructure along corridors. The remainder of the project will be funded by TVA, other program partners, and program participant cost share,” the press release said. “The agreement reflects recommendations outlined in the Tennessee Statewide EV Charging Infrastructure Needs Assessment, conducted in 2019 by Drive Electric Tennessee, a consortium that includes TDEC, TVA and...
    WASHINGTON (AP) — Pete Buttigieg, sworn in Wednesday as transportation secretary, urged his 55,000 employees to embrace “imaginative, bold, forward thinking” as the Transportation Department embarks on a vital mission to rebuild America’s infrastructure and foster equality. “We will continue to prioritize safety as the foundation of everything we do,” Buttigieg said in his email message, which was obtained by The Associated Press. “And at the same time, we will break new ground: in ensuring that our economy recovers and rebuilds, in rising to the climate challenge, and in making sure transportation is an engine for equity in this country.” He added that the department’s mission “has never been more important than in this season of change and possibility.” Buttigieg, a 39-year-old former mayor of South Bend, Indiana, and former Democratic presidential candidate, was sworn in Wednesday morning by Vice President Kamala Harris, at a ceremony in the Old...
    The Romanian government has introduced a memorandum that would see Chinese companies barred from securing infrastructure projects, amid claims of unfair competition and shoddy workmanship. The Ministry of Transport said that Chinese enterprises are distorting the road and rail infrastructure market in Romania, as the Chinese companies can offer cut-rate prices because they are backed financially by the government in China. While the order would not specifically bar Chinese companies from infrastructure project auctions, it is understood that companies from China would stand to lose the most from the action, the Romanian news outlet G4Media reported. According to the Ministry of Transport, Chinese companies regularly fail to acquire the necessary certifications and approvals required by the European Union, such as those protecting workers rights. Chinese firms are currently involved in many highway construction projects in Romania, having secured billions of Euros in contract rights. If the move becomes law, the...
    The U.S. Senate confirmed Pete Buttigieg on Tuesday as transportation secretary in President Joe Biden’s administration. The former mayor of South Bend, Indiana, tweeted he was “honored and humbled” by the Senate’s 86-13 confirmation vote and that he was “ready to get to work.” Buttigieg, an opponent of Biden during the Democratic presidential primaries, is the first openly gay person to fill a U.S. Cabinet position. The 39-year-old will play a leading role in advancing Biden’s infrastructure rebuilding and climate change agendas. He assumes control of an agency with 55,000 employees and a multibillion-dollar budget. He has vowed to begin quickly promoting safety and restoring trust in the country’s transportation systems as airlines, city subway and bus systems, and Amtrak struggle to regain customers lost during the coronavirus pandemic. Buttigieg is also expected to play a leading role in implementing Biden’s $2 trillion climate and infrastructure plan that will focus...
    The U.S. Senate confirmed Pete Buttigieg on Tuesday as transportation secretary in President Joe Biden’s administration. The former mayor of South Bend, Indiana, tweeted he was “honored and humbled” by the Senate’s 86-13 confirmation vote and that he was “ready to get to work.” Buttigieg, an opponent of Biden during the Democratic presidential primaries, is the first openly gay person to fill a U.S. Cabinet position. The 39-year-old will play a leading role in advancing Biden’s infrastructure rebuilding and climate change agendas. He assumes control of an agency with 55,000 employees and a multibillion-dollar budget. He has vowed to begin quickly promoting safety and restoring trust in the country’s transportation systems as airlines, city subway and bus systems, and Amtrak struggle to regain customers lost during the coronavirus pandemic. Buttigieg is also expected to play a leading role in implementing Biden’s $2 trillion climate and infrastructure plan that will focus...
    The Senate confirmed Pete Buttigieg as President Biden’s Transportation Secretary Tuesday in bipartisan fashion, but not entirely without GOP dissent.  Buttigieg was confirmed to 87-13, but Republican grumblings focused on Buttigieg’s lack of experience and progressive ideas. Buttigieg will now be responsible for pushing forward a sweeping $2 trillion climate and infrastructure plan.  Here are the 13 GOP senators who voted against confirming Buttigieg:  Marsha Blackburn, Tenn.  Bill Cassidy, La. Tom Cotton, Ark.  Ted Cruz, Texas  Bill Hagerty, Tenn.  Josh Hawley, Mo.  Jim Lankford, Okla. Roger Marshall, Kan.  Marco Rubio, Fla.  Tim Scott, S.C. Rick Scott, Fla.  Richard Shelby, Ala. Tommy Tuberville, Ala. In nominating the former South Bend, Ind., mayor, President Biden said Buttigieg, 39, reminds him of his late son, Beau, and praised his former 2020 Democratic rival as "a new voice with new ideas." A spokesperson for Cruz told Fox News that the Texas Republican voted against Buttigieg because he...
    Pete Buttigieg, known throughout his 2020 presidential bid as "Mayor Pete," got a big promotion Tuesday to become President Biden's next Transportation Secretary.  "I'm excited to call him Secretary Pete," Senate Majority Leader Chuck Schumer, D-N.Y., quipped of the "outstanding" nominee.  The Senate confirmed Buttigieg's nomination by a vote of 86 to 13.  PETE BUTTIGIEG: 5 THINGS TO KNOW Buttigieg becomes the first openly gay person, and one of the youngest, confirmed by the Senate to a major Cabinet post. Buttigieg is the former mayor of South Bend, Ind., who had a strong start to his 2020 presidential bid by narrowly winning the Iowa caucuses. He dropped out of the race on March 1, 2020 and endorsed Biden. Biden said Buttigieg, 39, reminds him of his late son, Beau, and praised his former rival as "a new voice with new ideas." Buttigieg will be responsible for implementing Biden's sweeping $2 trillion climate and...
    WASHINGTON -- The Senate on Tuesday confirmed Pete Buttigieg as transportation secretary, the first openly gay person to take a Cabinet post, tasked with advancing President Joe Biden's ambitious agenda of rebuilding the nation's infrastructure and fighting climate change.Buttigieg, a 39-year-old former mayor of South Bend, Indiana, and Biden's one-time rival during the Democratic presidential primaries, was approved on a 86-13 vote.Praised by Biden as bringing a "new voice" to the administration, Buttigieg takes over a Transportation Department with 55,000 employees and a budget of tens of billions of dollars. He has pledged to quickly get to work promoting safety and restoring consumer trust in America's transportation networks as airlines, buses, city subway systems and Amtrak reel from plummeting ridership in the coronavirus pandemic.SEE ALSO: President-elect Joe Biden's Cabinet picks, top-level appointeesEMBED More News Videos President-elect Joe Biden's Cabinet picks, top-level appointees (1 of 11) President-elect Joe Biden on...
    WASHINGTON -- The Senate is poised to approve Pete Buttigieg to be transportation secretary, the first openly gay person ever confirmed to a Cabinet post, tasked with advancing President Joe Biden's wide-ranging agenda of rebuilding the nation's infrastructure and fighting climate change.Buttigieg's nomination was set for a final vote Tuesday in the full Senate, after the 39-year-old former mayor of South Bend, Indiana, and Biden's one-time rival in the Democratic presidential primaries received bipartisan praise at his confirmation hearing last week."Mr. Buttigieg is an impressive public servant who has already earned the respect and confidence of both sides," said Senate Majority Leader Chuck Schumer, D-N.Y., in floor remarks on Monday. "I look forward to confirming his nomination."Praised by Biden as bringing a "new voice" to the administration, Buttigieg would take over a Transportation Department with 55,000 employees and a budget of tens of billions of dollars. He has pledged to...
    By HOPE YEN, Associated Press WASHINGTON (AP) — The Senate is poised to approve Pete Buttigieg to be transportation secretary, the first openly gay person ever confirmed to a Cabinet post, tasked with advancing President Joe Biden’s wide-ranging agenda of rebuilding the nation’s infrastructure and fighting climate change. Buttigieg's nomination was set for a final vote Tuesday in the full Senate, after the 39-year-old former mayor of South Bend, Indiana, and Biden’s one-time rival in the Democratic presidential primaries received bipartisan praise at his confirmation hearing last week. “Mr. Buttigieg is an impressive public servant who has already earned the respect and confidence of both sides,” said Senate Majority Leader Chuck Schumer, D-N.Y., in floor remarks on Monday. “I look forward to confirming his nomination.” Praised by Biden as bringing a “new voice” to the administration, Buttigieg would take over a Transportation Department with 55,000 employees and a budget of...
    WASHINGTON (AP) — The Senate is poised to approve Pete Buttigieg to be transportation secretary, the first openly gay person ever confirmed to a Cabinet post, tasked with advancing President Joe Biden’s wide-ranging agenda of rebuilding the nation’s infrastructure and fighting climate change. Buttigieg’s nomination was set for a final vote Tuesday in the full Senate, after the 39-year-old former mayor of South Bend, Indiana, and Biden’s one-time rival in the Democratic presidential primaries received bipartisan praise at his confirmation hearing last week. “Mr. Buttigieg is an impressive public servant who has already earned the respect and confidence of both sides,” said Senate Majority Leader Chuck Schumer, D-N.Y., in floor remarks on Monday. “I look forward to confirming his nomination.” Praised by Biden as bringing a “new voice” to the administration, Buttigieg would take over a Transportation Department with 55,000 employees and a budget of tens of billions of...
            by Scott McClallen  On Friday, The Coalition of Greater Minnesota Cities (CGMC) announced priorities for the 2021 legislative session for COVID-19 recovery, including Local Government Aid, child care, housing, and water infrastructure. “The pandemic has taken a toll on our community,” Greg Zylka, mayor of Little Falls and CGMC president said in a Zoom meeting. “Some segments are still really struggling, and that pain has ripple effects across the city.” The CGMC said Local Government Aid (LGA) funding is vital to cities’ economic health, many of which have seen revenue drained during the pandemic. Gov. Tim Walz didn’t include LGA cuts in his proposed $52.4 billion budget announced this week. Zylka said LGA comprises roughly 40% of Little Falls’ general revenue. “If the state were to cut LGA, the only way to remedy that without cutting services like police and fire is to tax the heck out...
    MINNEAPOLIS (AP) — Communities across Minnesota asked state lawmakers Friday for more support for child care, housing, water infrastructure and aid to local governments this legislative session as smaller municipalities continue to navigate the economic fallout of the pandemic. The Coalition of Greater Minnesota Cities, which represents more than 100 small cities outside of the seven-county Twin Cities metro area, announced its top legislative priorities at a news conference as lawmakers and state officials begin work on creating a two-year budget. Bradley Peterson, the coalition’s executive director, said preserving the state’s local government aid program— which aims to prevent increases in property taxes by providing funding to maintain city services and infrastructure— is the “absolute single most important thing that the state can do to support our communities this year.” “In my city, (local government aid) makes up 40% of our general fund, so any cut to the program would...
    WATTS, LOS ANGELES (KABC) -- Linda Cleveland and Jaquelyn Badejo are a mother-daughter duo advancing environmental justice. Badejo's awareness of environmental injustices began as a young girl growing up in Watts."I have seen the brown water in my bathtub. I always wondered why the community suffers from respiratory diseases, and other health disparities," Badejo said.Badejo helps lead the Watts Clean Air and Energy Committee."Right now we're working to do water and soil testing in the community," she said.Badejo and Cleveland are helping promote the Electric For All campaign to raise awareness about the benefits of electric vehicles and resources available to purchase one."We deserve to be a part of this upcoming industry," said Cleveland.A study in Transport Policy found disparities in access to electric vehicle chargers based on race and income in California, with Black and Latino majority neighborhoods having lower access to public chargers.David Hochschild is chair of the...
              The state’s necessary costs for infrastructure have ballooned to $58 billion for projects from 2019 to 2024. The Tennessee Advisory Commission on Intergovernmental Relations (TACIR) issued the annual report on Monday. TACIR noted that the $3.8 billion difference from last year’s report marked a nearly 7 percent increase. According to TACIR, the bulk of the increase – nearly $3 billion – came from transportation and utility needs, mainly for new road and sidewalk projects. Needs of the “general government” accounted for a majority of the remainder at $608 million. The other increases were $113 million for recreation and culture, and $86 million for health, safety, and welfare. TACIR noted an overall decrease of $56 million: specifically, $42 million in education and $14 million in economic development. TACIR spokespersons informed The Tennessee Star that these increases in cost are caused by a multiplicity of variables, including...
    Rhode Island was ranked among the top five worst places to do business in the U.S. during all four years Gina Raimondo, President Biden's nominee for secretary of commerce, was governor. In 2015 when Raimondo took office, Rhode Island ranked No. 48, according to CNBC's annual list of "America's Top States for Business." The state sat at No. 50 in 2016, No. 45 in 2017, No. 45 in 2018 and No. 50 again in 2019, the outlet's latest list of the best states for business. WalletHub's 2019 "Best & Worst States to Start a Business" report also put Rhode Island in last place. A spokesperson for Rhode Island's commerce agency told Fox News that Rhode Island was one of the only states in the country not to shut down construction and manufacturing during the pandemic, and that the year Raimondo took office, Rhode Island saw an increase in commercial real estate investment...
    The international community has once again taken down a major botnet. Law enforcement and courts in the US, Canada and several European countries have disrupted the infrastructure for Emotet, billed as one of the world’s “most dangerous” botnets. While officials were unsurprisingly quiet about their exact methods, they took down Emotet “from the inside” and redirected victim devices to infrastructure authorities controlled — a “unique” approach, Europol said. Emotet earned its notoriety through both its ubiquity and sophistication. First found in 2014, it used an automated process to deliver malware through infected Word document email attachments. The botnet relied on “hundreds” of servers worldwide fulfilling different roles, and the malware itself frequently evaded antivirus tools by changing its code every time it was put into action. It was unusually resilient against takedowns until now.
    WASHINGTON (AP) — A Senate panel on Wednesday easily advanced President Joe Biden’s nomination of Pete Buttigieg to be transportation secretary, setting up a final confirmation vote for a key role in Biden’s push to rebuild the nation’s infrastructure and confront climate change. The Commerce Committee approved the nomination of Buttigieg, a 39-year-old former mayor of South Bend, Indiana, on a 21-3 vote. His nomination now heads to the full Senate, where a vote could happen as early as this week. He would be the first openly gay person, and one of the youngest, confirmed by the Senate to a Cabinet post. Biden has been urging the Senate, where Democrats hold a bare majority, to move quickly on his Cabinet picks given the current crisis of COVID-19, which prompted him in part to sign an executive order mandating masks on airplanes and in public transportation to help stem the spread...
    WASHINGTON (AP) – A Senate panel on Wednesday easily advanced President Joe Biden's nomination of Pete Buttigieg to be transportation secretary, setting up a final confirmation vote for a key role in Biden's push to rebuild the nation's infrastructure and confront climate change. The Commerce Committee approved the nomination of Buttigieg, a 39-year-old former mayor of South Bend, Indiana, on a 21-3 vote.  His nomination now heads to the full Senate, where a vote could happen as early as this week. He would be the first openly gay person, and one of the youngest, confirmed by the Senate to a Cabinet post. REPUBLICANS TARGET VULNERABLE HOUSE DEMOCRATS AMID BIDEN FOSSIL FUEL CRACKDOWN Biden has been urging the Senate, where Democrats hold a bare majority, to move quickly on his Cabinet picks given the current crisis of COVID-19, which prompted him in part to sign an executive order mandating masks on...
    THE HAGUE, Netherlands (AP) — Law enforcement authorities in several countries have joined forces to disrupt what they call one of the world’s most dangerous pieces of malware, one that allowed criminal gangs to install ransomware and steal data from computer users. European Union police and judicial agencies Europol and Eurojust said Wednesday that investigators took control of infrastructure behind a botnet called EMOTET. A botnet is a network of hijacked computers used to carry out cyberattacks. Authorities in the Netherlands, Germany, the United States, the U.K., France, Lithuania, Canada and Ukraine took part in the international operation coordinated by the two Hague-based agencies. Dutch prosecutors said the malware was first discovered in 2014 and “evolved into the go-to solution for cybercriminals over the years. The EMOTET infrastructure essentially acted as a primary door opener for computer systems on a global scale.” The Dutch prosecutors said two of the main...
    Ray McGuire, vice chairman of Citigroup Inc.Patrick T. Fallon | Bloomberg | Getty Images Ray McGuire, the former Citigroup executive who is running to be mayor of New York, will soon roll out a plan that he says will bring more than 500,000 jobs to the city. McGuire's campaign gave CNBC a first look at what he will call for in the plan, which looks to create jobs through a wide range of methods, including a large scale infrastructure reform proposal and tapping into federal and state subsidies. New York lost over 500,000 jobs from in the 12 months through December, due in large part to the coronavirus pandemic. McGuire's plan will also push for increased city cooperation with technology companies, from local startups to Silicon Valley giants, to help job growth. McGuire is among a large group of Democrats running for mayor. Former presidential candidate Andrew Yang recently jumped...
    Private investing in space companies set a new annual record last year with $8.9 billion, exceeding expectations that had been lowered due to the ongoing coronavirus pandemic, CNBC reports. Chad Anderson, managing partner at the firm Space Capital, wrote in a report released Monday: "With another $2.9 billion invested in Q4, 2020 was a record year for [companies related to space infrastructure] with $8.9 billion invested. Despite expectations that Infrastructure would be hardest hit by the pandemic, 2020 turned out to be a record for investment." Space infrastructure companies include those that build rockets and satellites like SpaceX, Blue Origin, Relativity Space, and others. Anderson also noted, two dozen exits occurred in the industry last year, accounting for about $7.9 billion in value being liquidated. "Nearly all of the Infrastructure exits over the past decade have come in the form of acquisitions," he wrote. "The low-interest rate environment has acted...
    A composite image showing a Falcon 9 rocket booster lifting off and a few minutes later landing back near the launchpad.SpaceX Private investment in space companies last year set a new annual record, defying industry fears that Covid-19 would stop the past decade's momentum, according to a report Monday by New York-based firm Space Capital, "With another $2.9 billion invested in Q4, 2020 was a record year for [space infrastructure companies] with $8.9 billion invested," Space Capital managing partner Chad Anderson wrote in the report. "Despite expectations that Infrastructure would be hardest hit by the pandemic, 2020 turned out to be a record for investment."Space CapitalThe quarterly Space Capital report divides investment in the industry into three technology layers, with space infrastructure including what many would typically consider to be space companies: Those that build rockets and satellites, such as SpaceX, Blue Origin, Relativity Space, Rocket Lab, Planet Labs...
    West Virginia touts COVID-19 vaccination success story as national rollout sputters Fauci throws lots of shade at Trump in his first comments as a Biden adviser IBM Sales Decline Across All Units, Sending Shares Tumbling (Bloomberg) -- International Business Machines Corp. reported quarterly revenue that missed analysts’ estimates, signaling Chief Executive Officer Arvind Krishna’s turnaround plan will take more time to pan out. Load Error Sales fell 6.5% to $20.4 billion in the three months ended Dec. 31, the Armonk, New York-based company said Thursday in a statement. That was below the $20.75 billion analysts had forecast, on average, and marked the 10th consecutive quarter with no year-over-year increase in revenue. The shares fell in extended trading. Last October, Krishna announced he would spin off IBM’s managed infrastructure services unit into a separate publicly traded company. The division, which is currently part of IBM’s Global Technology Services division,...
    US President-Elect Joe Biden talks to reporters after delivering remarks, before the holiday, at The Queen in Wilmington, Delaware on December 22, 2020.Alex Edelman | AFP | Getty Images President Joe Biden's allies in the business community have been meeting to craft a set of proposals, including a potential carbon tax, to help pay for an expected $2 trillion infrastructure plan. One of those efforts, which started just after Biden was declared the winner of the election in late November, is being led by longtime Biden ally and New York business leader Dennis Mehiel, along with former Dow Chemical CEO Andrew Liveris, according to a person with direct knowledge of the matter. Mehiel and Liveris have been reaching out to business leaders across the country to discuss ways they believe the Biden administration and Congress could move ahead with funding mechanisms for such a large scale proposal, this person noted....
    WASHINGTON -- President Joe Biden's nominee for secretary of transportation, Pete Buttigieg, was headed down a smooth path to quick confirmation, pledging to senators on Thursday to work with them to carry out the administration's ambitious agenda to rebuild the nation's infrastructure.A Senate committee vote on his nomination could come as soon as next week.Speaking at his confirmation hearing with his husband sitting nearby, Buttigieg pointed to a "generational opportunity" to create new jobs, fight economic inequality and stem climate change. Often sidestepping specifics, Buttigieg hinted at a broad climate-centric role for the department that will require significant investments, on top of Biden's proposed $1.9 trillion COVID relief plan.SEE ALSO: President-elect Joe Biden's Cabinet picks, top-level appointees"We need to build our economy back, better than ever, and the Department of Transportation can play a central role in this," the 39-year-old former mayor of South Bend, Indiana, told the Senate Commerce...
    Pete Buttigieg, President Biden's nominee to lead the Transportation Department, fielded questions from the Senate Commerce Committee on a wide range of topics including infrastructure, the airline industry, Amtrak, regulations and federal funding in his confirmation hearing Thursday. If confirmed, he's likely to be among those tasked with trying to convince Congress to pass a major infrastructure plan that would also help spur job growth. The nation's infrastructure has been crumbling, Republicans and Democrats agree, but there's been no major legislation passed on funding an infrastructure overhaul in recent years. "Now is the time, and we have a real chance to deliver for the American people," Buttigieg said in his prepared opening remarks. "We need to build our economy back, better than ever, and the Department of Transportation can play a central role in this, by implementing President Biden's infrastructure vision." Buttigieg pointed out that it's states, counties and...
    (CBS/AP) — President Joe Biden’s nominee for secretary of transportation, Pete Buttigieg, appeared on a smooth path to quick confirmation, pledging to senators on Thursday to help carry out the administration’s ambitious agenda to rebuild the nation’s infrastructure. Speaking at his confirmation hearing with his husband sitting nearby, Buttigieg pointed to a “generational opportunity” to create new jobs, fight economic inequality and stem climate change. He pledged more conversations with Congress on programs that will require significant investments in the months to come. “We need to build our economy back, better than ever, and the Department of Transportation can play a central role in this,” the 39-year-old former mayor of South Bend, Indiana, told the Senate Commerce Committee. He pointed to opportunities in updating auto emissions regulations that President Donald Trump had loosened and building out a network of charging stations for electric vehicles. Buttigieg did not specify where money...
    Voslo AG has received an order for switches from the Australian network operator ARTC to equip the rail freight line connecting Melbourne and Brisbane. The amount is 50 million million. Woslow AG has received a major voting order for the Australian Domestic Rail Project through its Australian subsidiary Wozlow Cochrane Australia PT. Ltd. The most ambitious infrastructure project on the Red Continent will connect the cities of Melbourne and Brisbane, including 1,100 km of modernization and 1,700 km of newly built 600 km. The deliveries will spread over five years and represent a total of 50 million euros in envelopes. Deliveries are reported as orders received at the time of the call. The first switches will be delivered in March 2021 on behalf of the public customer ARTC, which manages the Australian Rail Network.« This order is the largest in the history of Voslow in Australia. We appreciate that our...
    Reuters January 21, 2021 0 Comments President Joe Biden’s nominee to head the U.S. Transportation Department will tell a U.S. Senate panel on Thursday the United States must improve its infrastructure. “We also have a lot of work to do to improve the infrastructure in this country, a mission that will not only keep more people safe, but also grow our economy as we look to the future,” former South Bend, Indiana, Mayor Pete Buttigieg will say, according to a copy of his prepared remarks. Biden put Buttigieg – a rival for the Democratic presidential nomination last year – in charge of the department that oversees aviation, highways, vehicles, pipelines and transit. In April 2019, then President Donald Trump and Democratic leaders agreed to spend $2 trillion over a decade – but the president never proposed any new revenue source to pay for the upgrades – and never made...
    Xinhua via ZUMA Let our journalists help you make sense of the noise: Subscribe to the Mother Jones Daily newsletter and get a recap of news that matters.Do you remember “The Flight 93 Election”? It was an essay written in 2016 by Michael Anton, a sometime speechwriter for Rupert Murdoch, Rudy Giuliani, and George W. Bush, who also had a bit of Wall Street experience salted in over the years. It was printed in the Claremont Review of Books and it—oh hell, let’s just give you a taste: 2016 is the Flight 93 election: charge the cockpit or you die. You may die anyway. You—or the leader of your party—may make it into the cockpit and not know how to fly or land the plane. There are no guarantees. Except one: if you don’t try, death is certain. To compound the metaphor: a Hillary Clinton presidency is Russian Roulette with...
    More On: Pete Buttigieg Buttigieg faces conflict with big campaign donors with South Bend contracts Joe Biden’s beyond-puzzling Cabinet picks Team Biden deletes old ad blasting former rival Buttigieg Biden calls Buttigieg’s husband ‘Kirsten,’ snubs gay GOP cabinet member Pete Buttigieg, President Biden’s nominee for Transportation secretary, will press the need for Congress to get behind an infrastructure package to help revitalize a US economy devastated by the effects of the coronavirus pandemic during his Senate confirmation hearing on Thursday. The former mayor of South Bend, Ind., and 2020 Democratic presidential contender said expanding the country’s infrastructure will not only provide for the safety of Americans, but also will give a much-needed boost to the economy. “We need to build our economy back, better than ever,” Buttigieg will tell the Senate Committee on Commerce, Science and Transportation, according to his prepared remarks. “The Department of Transportation can play a central role in this,...
    VIDEO4:1304:13Traders' top picks for the Biden presidencyTrading Nation New president, new strategies. The last four years have seen leadership from various sectors, with technology, consumer discretionary and health-care stocks seeing the largest gains during the Trump administration. Several new groups could take the lead under President Joe Biden's administration, two market analysts told CNBC's "Trading Nation" on Wednesday. "As far as the prior winners — technology — I think they continue to outperform and move higher. I think their steadiness is very underappreciated," said Ari Wald, head of technical analysis at Oppenheimer. "As far as a new idea, we would flag the emerging markets as a potential theme for the next four years." Zoom In IconArrows pointing outwards The iShares MSCI Emerging Markets ETF (EEM), which tracks the group, is up an impressive 82% from its March 2020 lows. "Our time horizon is really only three-six months, but I think...
    Pete ButtigiegPete ButtigiegThe Hill's 12:30 Report: Sights and sounds from Inauguration Day Biden faces tall order in uniting polarized nation OVERNIGHT ENERGY: Senate majority offers Biden new avenues on Trump environmental rollbacks | Democrats eye action on range of climate bills | Biden pushing to cancel Keystone XL pipeline as soon as he takes office: reports MORE, President Biden’s nominee to run the Transportation Department, will tout the agency’s ambitious infrastructure agenda as an opportunity to build jobs and help a flagging economy recover from the coronavirus pandemic during a Senate hearing on Thursday. Buttigieg, the former mayor of South Bend, Ind. and Democratic White House candidate, will testify in front of the Committee on Commerce, Science, and Transportation as he seeks confirmation to his post. “We…have a lot of work to do to improve the infrastructure in this country, a mission that will not only keep more people safe, but...
    The best rookie seasons from NFL running backs This Is Where You Should Really Take Your Temperature to Detect COVID Premarket: The pandemic stock market divide isnt going away Stocks have reached records on hopes that stimulus spending and vaccination programs will trigger a recovery in corporate earnings later this year. But for companies like United Airlines, the situation is only becoming more dire. © David Paul Morris/Bloomberg/Getty Images Travelers wearing protective masks use automated kiosks at the United Airlines check-in area at San Francisco International Airport (SFO) in San Francisco, California, U.S., on Tuesday, Jan. 19, 2021. United Airlines Holdings Inc. is expected to release earnings figures on January 20. Photographer: David Paul Morris/Bloomberg via Getty Images What's happening: The airline told investors after markets closed on Wednesday that its losses are mounting and emphasized plans to keep cutting costs. Shares are down more than 2% in premarket...
    London (CNN Business)Stocks have reached records on hopes that stimulus spending and vaccination programs will trigger a recovery in corporate earnings later this year. But for companies like United Airlines (UAL), the situation is only becoming more dire.What's happening: The airline told investors after markets closed on Wednesday that its losses are mounting and emphasized plans to keep cutting costs. Shares are down more than 2% in premarket trading.Such news is in sharp contrast to the view from the broader market. The S&P 500 and tech-heavy Nasdaq Composite both hit all-time highs on Wednesday as tech stocks continued their ascent. Of particular note was Netflix (NFLX), whose shares rallied nearly 17% on Wednesday after the company said it had passed 200 million subscribers as people stayed home during the pandemic. It's considering using extra cash to fund stock buybacks. "After internet access, Netflix may be the most important subscription we...
    (CNN)Pete Buttigieg will testify before a Senate panel on Thursday considering his nomination for transportation secretary, putting the former South Bend, Indiana, mayor on the path to becoming the first Senate-confirmed LGBTQ Cabinet secretary.Buttigieg is expected to play a central role in President Joe Biden's push for a bipartisan infrastructure package. During the campaign, Biden proposed spending $1.3 trillion over 10 years to build schools, roads, bridges, railroads and pipes, expand broadband access and usher in a "100% clean energy economy.""We need to build our economy back, better than ever," Buttigieg is expected to say, according to his prepared remarks. "The Department of Transportation can play a central role in this, by implementing President Biden's infrastructure vision creating millions of good-paying jobs, revitalizing communities that have been left behind, enabling American small businesses, workers, families and farmers to compete and win in the global economy, and tackling the climate crisis."Buttigieg...
    WASHINGTON (AP) — President Joe Biden’s nominee for secretary of transportation, Pete Buttigieg, is pledging to carry out the administration’s ambitious agenda to rebuild the nation’s infrastructure, calling it a “generational opportunity” to create new jobs, fight economic inequality and stem climate change. “We need to build our economy back, better than ever, and the Department of Transportation can play a central role in this,” the 39-year-old former mayor of South Bend, Indiana, intends to tell the Senate Commerce Committee, according to prepared remarks for his confirmation hearing Thursday. “You have my commitment that I will work closely with you to deliver the innovation and growth that America needs in this area,” he said in the remarks. A former Democratic presidential rival whom Biden praised for bringing fresh ideas, Buttigieg would be the first openly gay person confirmed by the Senate to a Cabinet post. He was among the...
    A Senate committee will hold confirmation hearings Thursday on Pete Buttigeig, President Joe Biden's pick to lead the Transportation Department. Buttigieg is expected to outline his vision to uphold the safety of travelers, improve the nation's infrastructure system and and fulfill Mr. Biden's infrastructure goals amid the COVID-19 pandemic.  If confirmed, Buttigieg would oversee a department that requested $90 billion for the 2021 fiscal year and would potentially be tasked with trying to convince Congress to implement a major infrastructure plan that would spur job growth towards building sustainable infrastructure. But, the task may be difficult as infrastructure packages during the former President Trump's presidency faced roadblocks in Congress over funding issues.   How to watch Buttigieg's confirmation hearing What: Pete Buttigieg testifies before the Senate Committee on Commerce, Science and Transportation Date: Thursday, January 21, 2021 Time: 10 a.m. Location: U.S. Capitol – Washington, D.C> Online stream: Live on...
    New York (CNN Business)Joe Biden is now President and Democrats have gained a slim majority in the Senate along with the party's control of the House. Does that mean that this is finally the time for Congress to pass a big, bold infrastructure spending bill that can help boost the economy?There were high hopes in 2016 that either Hillary Clinton or Donald Trump would focus on infrastructure. But after Trump defeated Clinton, not much happened on the infrastructure front — save for extending funding for the Obama-era Fixing America's Surface Transportation (FAST) Act for an additional year when it was set to expire in September 2020. The money for the program now runs out at the end of September.More will be needed, and some experts say it is politically doable even in a fractured environment.Joe Bidens proposed stimulus checks are a lousy way to fix the economy"With the slim majority...
    The President of the NationAlberto Fernandez It plans to carry out different official activities as part of the official management agenda. For his partSantiago Cafiero and the rest of the ministers in his cabinet have their respective agendas planned. The official acts and meetings planned by each of the members of the government are the following: Presidency: At noon the presidentAlberto Fernandez will hold a working meeting with the governors of the Norte Grande, in Chilecito, La Rioja. Environment and Sustainable Development: At noon the ministerJuan Cabandié visit the pathological waste treatment plant of the Hospital Nacional Posadas. Education: The ministerNicolas Trotta holds in Mendoza a working meeting with the Education team of the province, as part of a federal tour it carries out to generate consensus that will facilitate maximizing presence in classrooms prior to the start of the 2021 school...
    In his fourth and final “State of the State” address, New York Gov. Andrew Cuomo laid out a $306 billion infrastructure plan that he’s touting as the “largest in the nation.” After tackling the war on COVID-19, the short-term future of New York’s economy, and the growing green economy statewide in addresses delivered last week, Cuomo discussed massive projects proposed for the state’s infrastructure as they “invest in the future of New York.” “I sit in the office and live in the home occupied at one time by FDR,” Cuomo said on Thursday, Jan. 14. “Part of Roosevelt's genius was that he understood that it was not the buildings and programs themselves that actually turned around the economy, it was the people. "Building new projects enhances day-to-day life. Seeing progress lifts peoples' spirits. And building with bricks and mortar also builds public optimism and confidence.” Among the proposed...
    In his fourth and final “State of the State” address, New York Gov. Andrew Cuomo laid out a $306 billion infrastructure plan that he’s touting as the “largest in the nation.” After tackling the war on COVID-19, the short-term future of New York’s economy, and the growing green economy statewide in addresses delivered last week, Cuomo discussed massive projects proposed for the state’s infrastructure as they “invest in the future of New York.” “I sit in the office and live in the home occupied at one time by FDR,” Cuomo said on Thursday, Jan. 14. “Part of Roosevelt's genius was that he understood that it was not the buildings and programs themselves that actually turned around the economy, it was the people. "Building new projects enhances day-to-day life. Seeing progress lifts peoples' spirits. And building with bricks and mortar also builds public optimism and confidence.” Among the proposed...
    January 17, 2021 10:44 AM | With information from EFE 15 minutes. The markets expect the president-elect of the United States (USA), Joe Biden, to increase stimuli to the economy and aid to families, in addition to reorienting trade relations with China. However, they fear that he will be forced to raise taxes to fund his plans. Biden, who will take office on Wednesday, advanced last Thursday a new stimulus plan of 1.9 trillion dollars. The proposal includes increasing direct aid to citizens and unemployment benefits, raising the minimum wage and allocating additional resources to fight the pandemic. The investors expect the president-elect to present an additional package of measures in February that includes investments in infrastructure and renewable energy. For Pimco, one of the largest investment managers in the world, investments in infrastructure will be critical to recovery US economy. They will mobilize “between 1 and 2 trillion dollars...
    WASHINGTON -- House Speaker Nancy Pelosi on Friday announced that retired Lt. General Russel Honoré will lead a review of the "security infrastructure" of Capitol Hill, following a violent riot that left five people dead earlier this month."To protect our Democracy, we must now subject the security of the U.S. Capitol Complex to rigorous scrutiny," Pelosi said in a statement. "To that end, I have asked Lt. General Russel Honoré (Ret.), a respected leader with experience dealing with crises, to lead an immediate review of the Capitol's security infrastructure, interagency processes and procedures, and command and control."DEVELOPING: More details will be added to this report as they become available.
    WASHINGTON -- House Speaker Nancy Pelosi on Friday announced that retired Lt. General Russel Honoré will lead a review of the "security infrastructure" of Capitol Hill, following a violent riot that left five people dead earlier this month."To protect our Democracy, we must now subject the security of the U.S. Capitol Complex to rigorous scrutiny," Pelosi said in a statement. "To that end, I have asked Lt. General Russel Honoré (Ret.), a respected leader with experience dealing with crises, to lead an immediate review of the Capitol's security infrastructure, interagency processes and procedures, and command and control."DEVELOPING: More details will be added to this report as they become available.
    WASHINGTON -- House Speaker Nancy Pelosi on Friday announced that retired Lt. General Russel Honoré will lead a review of the "security infrastructure" of Capitol Hill, following a violent riot that left five people dead earlier this month."To protect our Democracy, we must now subject the security of the U.S. Capitol Complex to rigorous scrutiny," Pelosi said in a statement. "To that end, I have asked Lt. General Russel Honoré (Ret.), a respected leader with experience dealing with crises, to lead an immediate review of the Capitol's security infrastructure, interagency processes and procedures, and command and control."DEVELOPING: More details will be added to this report as they become available.
    In the final chapter of his four-part State of the State Address on Thursday, New York Gov. Andrew Cuomo talked about building a “new New York” with a litany of projects statewide but little detail on how they’ll be funded. Cuomo invoked Franklin Roosevelt, who served as New York’s governor before becoming president. He said FDR’s New Deal originated from the bridges, tunnels and skyscrapers built in the state. But he said the country has allowed other nations to surpass it in infrastructure development. “We chose to kick the can down the road,” he said. “A road that was crumbling before our eyes.” Even as the state has opened new infrastructure projects in recent months, such as the Moynihan Train Hall and the new LaGuardia terminal, Cuomo pledged to do more. That includes an overhaul of Penn Station, which he called an overcrowded blight. Those plans...
    MLB rule changes: League still discussing universal DH and expanded playoffs for 2021 season Youre Going to Want to Try Every One of These Easy, One-Pot Meals Public cash must now tackle buyer anxieties over electric vehicles, Renault says With many European countries looking to ramp up the number of electric vehicles on their roads, charging sites will have a crucial role to play going forward. This month has seen a number of major carmakers release information related to their electric vehicle operations. © Provided by CNBC An electric charger being placed into a Renault Zoe car at a dealership in the U.K. on October 21, 2020. Renault's deputy CEO emphasized the importance of investing in the infrastructure required for low and zero-emission vehicles, with the French automaker aiming to launch seven fully-electric models by the year 2025. Load Error Speaking to CNBC's Charlotte Reed on...
    SACRAMENTO (CBS13) — Local deputies attended last week’s now-infamous Trump rally in Washington D.C., Sacramento County Sheriff Scott Jones confirmed. Sheriff Jones says his department is looking into whether his deputies acted improperly. California’s capital city is prepping for inauguration day by calling on the National Guard, as well as federal and local law enforcement to secure critical infrastructure and government buildings ahead of potential protests. Now, a six-foot fence stands between Californians and their Capitol building. In an interview about security measures, Sheriff Jones said some of his deputies were in Washington D.C. last Wednesday. “We are looking at a lot of the social media and so forth to ensure that none of our officers if they were there acted improperly,” Sheriff’s Jones said. Initially, he wasn’t clear about his deputies’ presence in D.C. last Wednesday, saying, “You have to be careful from a leadership perspective of trying to...
    In his fourth and final “State of the State” address this week, New York Gov. Andrew Cuomo laid out a $306 billion infrastructure plan that he’s touting as the “largest in the nation.” After tackling the war on COVID-19, the short-term future of New York’s economy, and the growing green economy statewide in addresses delivered earlier this week, Cuomo discussed massive projects proposed for the state’s infrastructure as they “invest in the future of New York.” “I sit in the office and live in the home occupied at one time by FDR,” Cuomo said on Thursday, Jan. 14. “Part of Roosevelt's genius was that he understood that it was not the buildings and programs themselves that actually turned around the economy, it was the people. "Building new projects enhances day-to-day life. Seeing progress lifts peoples' spirits. And building with bricks and mortar also builds public optimism and confidence.”...
    NEW YORK (CBSNewYork) — Gov. Andrew Cuomo on Thursday detailed plans to rebuild New York City with major infrastructure projects. It was part four of his State of the State address. The governor says increasing mass transit capacity around New York City is a priority. WATCH: Gov. Cuomo Gives State Of State, Part 4 — The first step was the new Moynihan Train Hall, which opened Jan. 1 across from Penn Station. “Now, we will expand our vision with a new Manhattan Midtown West development project to create a new West Side transit hub and build upon it with new residential, commercial and public works projects,” Cuomo said. MORE: Gov. Andrew Cuomo Cuts Ribbon On Moynihan Train Hall, Says Its Opening Is A Hopeful Sign For 2021 The governor says rebuilding Penn Station itself is the next step. He also plans to transform Pier 76 from a police tow...
    More On: infrastructure Trump to meet Cuomo in NJ to talk Second Avenue Subway, LaGuardia train COVID-19 threatens JFK revamp and LGA AirTrain, Port Authority warns Trump overhauls environmental review as part of infrastructure plan Trump slams House’s $1.5T bill as ‘wasteful Green New Deal initiative’ “These are not ordinary times,” Gov. Andrew Cuomo intoned Thursday as he began a State of the State follow-up speech devoted to New York’s infrastructure needs — without accounting for the fact that Empire State infrastructure spending is uniquely prone to boondoggle. What followed was, in fact, not out of the ordinary, if only by recent Cuomo standards: a long and mostly familiar list of big capital projects — some just completed, such as Moynihan Station, and others underway, such as the Javits Center expansion — coupled with an ever-growing total price-tag, all ultimately backed by uncertain funding sources. Five years ago this...
    BOSTON (CBS) – The COVID vaccines are rolling off the manufacturing belts. The question now becomes how to get them into arms, almost seven million in Massachusetts. There are plans in place and new ideas every day. On Thursday, Secretary of State Bill Galvin proposed polling sites to Gov. Charlie Baker. “We already relocated many of these polling places to larger premises last year because of COVID so now we have the opportunity to take a larger space and there often times is parking located near these locations, we’ve tested them out, they’re handicapped accessible,” Galvin said. Gillette Stadium will become a mass vaccination site and maybe other large venues like the Marshfield Fairgrounds. Several years ago, during the Avian flu outbreak, state officials suggested many towns come up with a plan to inoculate their residents and they did. In Duxbury, that plan is being rolled into...
    The Build by the Fourth of July coalition said a bipartisan infrastructure package is the way for the new Congress and President-elect Joe Biden’s incoming administration to kickstart a long-term economic recovery. “Infrastructure investment provides a real opportunity to lay a strong foundation for long-term economic growth as we recover from the COVID-19 economy,” said Sean McGarvey, president of the North America’s Building Trades Unions. Pete Buttigieg, Biden’s pick to lead the Department of Transportation, recently said there was a “historic opportunity” to address U.S. infrastructure. A more than 140-member coalition led by the U.S. Chamber of Commerce and Bipartisan Policy Center called on the new Congress to urgently pass infrastructure legislation to guide the economic recovery. The coalition, named Build by the Fourth of July, said a bipartisan infrastructure package is a way for the new Congress and President-elect Joe Biden’s incoming administration to kickstart a long-term economic...
    Democratic New York Gov. Andrew Cuomo claimed the federal government was “shortchanging” New York in the fourth episode of his State of the State address. Cuomo accused Washington, D.C. of “subsidizing other states with” New York’s tax dollars. New Yorkers are just tired of subsidizing other states with our tax dollars. New York subsidizes 42 other states. No state gets back less from Washington than New York State. The federal government must stop shortchanging NY.#SOTS2021 — Andrew Cuomo (@NYGovCuomo) January 14, 2021 “Why should we subsidize other states to keep their taxes artificially low, so they can then appeal to our citizens and businesses to relocate,” Cuomo asked. “And it’s only been getting worse.” Delivering the fourth and final part of my 2021 State of the State address. Watch LIVE: https://t.co/qKeIq7K6bN — Andrew Cuomo (@NYGovCuomo) January 14, 2021 Cuomo said that part of the problem is New York...
    New York Gov. Andrew Cuomo on Thursday accused the federal government of shortchanging New York as he simultaneously demanded the federal government cover the state's deficit and laid out plans for massive new infrastructure developments.  Cuomo had alluded to his demands of more federal money for New York in earlier parts of his series of State of the State addresses. But in the fourth episode of the series Thursday, the governor went out of his way to emphasize that he believes the federal government has long wronged the Empire State. "We've established that the state's short-term $15 billion economic deficit must be addressed by Washington and the inarguable truth that Washington has assaulted New York for the past four years and that we must demand justice and fairness from Washington," Cuomo said.  He added: "New Yorkers are just tired of subsidizing other states with our tax dollars. The late Sen. Daniel Patrick Moynihan repeatedly...
    NEW YORK (WABC) -- Governor Andrew Cuomo outlined an ambitious vision for public sector redevelopment - including major renovations of Penn Station and the Port Authority Bus Terminal - during day four of his State of the State address.Citing New York's long history of spearheading major public works projects, Cuomo announced an ambitious $306 billion infrastructure improvement program, which he called the largest ever undertaken by any state in the nation."Building new projects, enhancing public life, lifts people's spirits," Cuomo said, adding that only the public sector can build the common foundation for a region's economic growth.At the center of the planned project is a new Midtown West transit hub, to be created on 140 acres in Manhattan.The transit-oriented development will continue to rebuild and reimagine Penn Station following the January 1st opening of the Moynihan Train Hall.Leveraging federal funds, Cuomo said, the state will acquire an additional block south...
    ASHGABAT, Turkmenistan (AP) — The leaders of Turkmenistan and Afghanistan on Thursday launched three new infrastructure projects intended to boost economic ties between the two neighbors. Turkmenistan’s president, Gurbanguly Berdymukhamedov, and Afghan counterpart Ashraf Ghani inaugurated the Turkmen-funded projects via video link. They include a 30-kilometer (19-mile) railway link between Aqina and Andkhoy in northern Afghanistan, which is planned to be eventually integrated into a prospective railway connecting Afghanistan, Turkmenistan and Tajikistan and linking them with China and Iran. Two other projects include an optics cable and a power line, which is part of a prospective project envisaging power supplies from Turkmenistan to Afghanistan and Pakistan. At the initial stage, it will supply power to Andkhoy, Sheberghan and Mazar-e-Sharif in northern Afghanistan, and later is set to be extended to provide electricity to Puli Khumri, Kabul and, eventually, Pakistan. Copyright © 2021 The Associated Press. All rights reserved. This material...
    Dana White says UFC is looking into research on micro-dosing psychedelics to combat brain trauma Expensive car problems you never want to have Bidens focus on climate change could turn up the pressure on Chinas mega infrastructure program China's massive Belt and Road Initiative has been criticized for financing and building infrastructure projects that harm the environment. Beijing has said it would focus more on cleaner projects under the Belt and Road Initiative — but it has little concrete results to show so far, said analysts. U.S. President-elect Joe Biden's focus on fighting climate change could make it harder for China to "greenwash" its mega program, said Jonathan Hillman, a senior fellow at American think tank Center for Strategic and International Studies. © Provided by CNBC Workers take down a Belt and Road Forum panel outside the venue of the forum in Beijing on April 27, 2019....
    Workers take down a Belt and Road Forum panel outside the venue of the forum in Beijing on April 27, 2019.Greg Baker | AFP | Getty Images SINGAPORE — U.S. President-elect Joe Biden's pledge to prioritize fighting climate change could turn up the pressure on China's massive Belt and Road Initiative — which has been criticized for financing and building infrastructure projects that harm the environment. "Strong U.S. leadership for addressing climate change will make it harder for China to greenwash the Belt and Road," Jonathan Hillman, a senior fellow at American think tank Center for Strategic and International Studies, told CNBC via email. Launched in 2013, the Belt and Road Initiative or BRI is an ambitious program to build physical and digital infrastructure that connect hundreds of countries from Asia to the Middle East, Africa and Europe. Many critics consider the initiative Chinese President Xi Jinping's signature foreign policy...
    Behind the fire in the central offices of the Collective Transport System —Shocked six blocks from Palace of Fine Arts– Alejandra Frausto, Secretary of Culture, announced that with the support of President Andrés Manuel López Obrador, During 2020, the modernization of the medium and low voltage electrical network was carried out in the entire electrical infrastructure of this emblematic property, since it ran the risk of a conflagration, because it had not been given proper maintenance. “The Palace of Fine Arts had a situation that worried us a lot. Once, since the transition, we toured the palace in its entrails, from the stage down, we realized the problem that had to do with the electrical system. From that moment I spoke with President López Obrador that there was a project that was handed over to us at that time, and which posed an investment of approximately 400 million pesos, analyzed...
    Ethereum co-founder Vitalik Buterin called out the Big Tech Masters of the Universe and their “attempts at bringing down Parler,” sharing his concerns about “tech CEOs” having the ability to “run roughshod over democratically elected officials.” “The attempts at bringing down Parler are very worrying. Apple, Google, AWS are much more like ‘common infrastructure providers’ than a social media site is. Parler has a right to exist, full stop,” tweeted Buterin on Tuesday. Buterin is the co-founder of Ethereum, the second-largest cryptocurrency in the world by market value. 7. The attempts at bringing down Parler are very worrying. Apple, Google, AWS are much more like "common infrastructure providers" than a social media site is. Parler has a right to exist, full stop. — vitalik.eth (@VitalikButerin) January 12, 2021 Buterin’s tweet was part of a lengthy Twitter thread, in which the Ethereum co-founder explained his concerns regarding the moves made by big tech companies in...
    VIDEO2:1102:11Here are the ETF themes to watch under a Biden administrationHalftime Report The blue wave is boosting a few key stock groups. Infrastructure and clean energy stocks have been on the rise since the presidential election, with the rallies intensifying as Congress confirmed President-elect Joe Biden's victory and the Senate runoffs in Georgia brought the Senate under Democratic control. That's because Congress' new makeup "substantially" raises the odds of favorable policies being put in place on both fronts, Jay Jacobs, senior vice president and head of research and strategy at Global X ETFs, told CNBC's "ETF Edge" on Monday. "Infrastructure has been at the top of Joe Biden's plan since the beginning. He's had a $2 trillion plan that's going to invest in roads, highways, airports, ports as well as digital infrastructure and clean tech," Jacobs said. "This has been a key pillar of Joe Biden's plan for economic revival....
    The Smithsonian Institution will not pursue the massive, futuristic expansion to its south campus that has been in the works since 2014 in favor of a more pared-down renovation of a few of its older buildings.  According to a Washington Post report, the cultural institution will instead move forward with the renovation of the Smithsonian Castle and the neighboring Arts and Industries Building, as well as new underground infrastructure to support them. That infrastructure would also eventually support the Freer and Sackler galleries, the Ripley Center and the African art museum.  The move means scuttling a $2 billion, 20-year expansion that was designed by famed Danish architects Bjarke Ingels, unveiled in 2014 and later approved in 2018. That design cost the cultural institution $5.5 million, according to the Post.  The renovations of the Castle and the Arts and Industries Building would be funded by federal appropriations because they address needs...
    President-elect Joe Biden has chosen Rhode Island Gov. Gina Raimondo as his nominee to head the Commerce Department, according to multiple reports. Raimondo, 49, is a relative centrist within the party, known for fighting unions in her state. She backed Michael Bloomberg before endorsing Biden in the Democratic primary. The new Commerce Secretary, if approved by the Senate, will be instrumental in Biden’s plan to rebuild the nation’s infrastructure system. The Commerce Department will reportedly team up with the Transportation Department and Small Business Administration as lead negotiators with Congress to move an infrastructure bill to fruition. The former vice president made upgrading the nation’s roads, bridges, and energy grid a top priority when running for the high office and touted infrastructure as a way to create jobs. “We need millions of construction, skilled trades, and engineering workers to build a new American infrastructure and clean...
    A Connecticut private school gave its staff coronavirus vaccines meant for health care workers and other vulnerable groups after it was mistakenly provided the shots, according to a report. The Williams School in New London, which charges $30,000 per year in tuition, administered the jabs to 11 staffers after accidentally being categorized as “critical infrastructure,” according to The Day newspaper. The vaccines were supposed to be reserved for hospital staffers and nursing home residents, the report said. “The breakdown occurred where someone entered individuals into the system who weren’t eligible,” local health official Stephen Mansfield told the outlet. He said school staffers regretted having procured the shots before prioritized groups. “We do our best to communicate to our partners what the eligibility requirements are, but it isn’t always crystal clear,” Mansfield said. The school’s head, Mark Fader, told The Day in an interview that the CDC told him that they...
    LONDON (Reuters) - British Prime Minister Boris Johnson said on Thursday that in the post-COVID-19 future the state would need to lead by investing in infrastructure, education and technology, the Daily Telegraph reported. "Sometimes we will need to regulate differently or better, and that may mean taking advantage of Brexit’s freedoms; and we will also need the state to lead, to make the investments in infrastructure, education and technology that will create the framework for business to invest," Johnson wrote in the newspaper. (Reporting by Guy Faulconbridge; editing by Kate Holton) Copyright 2020 Thomson Reuters. Tags: Ireland, France, European Union, international trade, United Kingdom, Europe, Germany
    An East Tennessee lawmaker wants stronger oversight of the nation's telecommunications grid after a Christmas Day bombing in Nashville temporarily crippled infrastructure that caused 911 outages and a sudden unreliability in regional phone service. The security of America's cyberinfrastructure was highlighted in the attack, Rep. Chuck Fleischmann, a Republican from Chattanooga who sits on the House Homeland Security Committee, told "Your World" Video"We need to make sure not only that we protect our grid from a software cybersecurity standpoint but we have to have physical protection for our grid," Fleischmann said. "There's a lot of talk about that out there. Maybe now we'll focus in a very bipartisan way on making sure that we physically protect our grid because as you said, when this building was knocked out, it had a ripple effect across the state and the region." Suspected bomber Anthony Quinn Warner's explosion damaged an AT&T facility, which led to the outages. Fleischmann said that as the ranking member on the Homeland...
    A former senior counterintelligence official thinks the Christmas Day bombing in Nashville that wounded three and damaged 41 buildings should serve as a ‘wake up call’ to the vulnerability of sensitive American infrastructure. The comments by Frank Figliuzzi, former assistant director for counterintelligence at the Federal Bureau of Investigation, came as investigators acknowledged they may not discover a motive for the bombing. According to Tennessee law enforcement officials, Anthony Quinn Warner, 63, rigged his RV with explosives and parked it in a popular entertainment district in downtown Nashville just before sunrise on Christmas Day. With the area deserted, the explosives were set off at 6:30am. Warner was killed in the blast while three others were injured. At least 41 buildings sustained damage due to the explosion, with one of the buildings collapsing entirely. Frank Figliuzzi, former assistant director for counterintelligence at the Federal Bureau of Investigation, said on Sunday...
    Nashville RV bomber Anthony Quinn Warner likely chose Christmas morning for his devastating suicide blast because his “intent was more destruction than death,” a lead investigator said Monday. The 63-year-old loner notably blew up a number of buildings when the usually packed streets in the city’s historic downtown were mostly deserted, Tennessee Bureau of Investigation Director David Rausch said on NBC’s “Today” show. He also gave “the opportunity to clear the area” with warnings from his parked RV “that an explosion was imminent,” Rausch said, of the audio that also bizarrely played Petula Clark’s classic pop song “Downtown.” The evidence “certainly gives you that insight that the possibility was that he had no intention of harming anyone but himself,” the senior investigator said. “It does appear that the intent was more destruction than death,” he said. The massive investigation — involving federal, state and local authorities — is hampered...
    Trae Young calls out Grizzlies Grayson Allen, who responds sarcastically after appearing to try to trip Hawks star What we know about Nashville man IDd as Christmas Day bomber Op-ed: Equities likely to grow, but finding yield remains difficult Bond yields likely will remain paltry in 2021, but higher yields are available from alternative fixed-income investments that individual investors typically overlook. Conditions pointing to equity growth include the continuation of the Fed's bond-buying program at current levels and anticipated economic recovery related to coronavirus vaccinations. Infrastructure stocks stand to benefit if Congress enacts an infrastructure bill. © Provided by CNBC Bottom-scraping interest rates in 2020 were a major factor fueling a stock market that, after plummeting in March from the pandemic, rallied to post a banner year. Load Error Low interest rates also vexed investors seeking yield from bonds purchased to diversify portfolios and reduce risk....