Engineers Say Tax Increase Needed To Save Failing US Infrastructure

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Engineers Say Tax Increase Needed To Save Failing US Infrastructure

NPR
The nation’s roads, bridges, airports, water and transit systems are in pretty bad shape, according to the civil engineers who plan and design such infrastructure.

Musk offers to fix Australia’s energy crisis in 100 days

CNNMoney
Elon Musk has promised to solve an energy crisis in Australia within 100 days, or provide the technology for free. The Tesla (TSLA) founder was responding to a challenge from billionaire entrepreneur Mike Cannon-Brookes, who wanted to know whether the …

RadioShack closing 187 stores in latest bankruptcy filing

USA TODAY
Electronics retailer RadioShack has filed for its second bankruptcy in two years and will close 187 more stores this month, about 9% of its 1,943 locations.

EPA environmental justice leader resigns, amid White House plans to dismantle program

Washington Post
A key environmental justice leader at the Environmental Protection Agency has resigned, saying that a recent budget proposal to defund such work would harm the people who most rely on the EPA.

Americans drank more bottled water than soda in 2016

CNBC
After decades-long streak of strong growth, bottled water surpassed carbonated soft drinks to become the largest beverage category by volume in the United States in 2016, according to research and consulting firm Beverage Marketing Corp.

Wild Boars Take Over Towns Near Japan’s Fukushima Nuclear Plant

NBCNews.com
NAMIE, Japan – Beyond radiation risks, an unexpected nuisance looms for residents returning to towns vacated after the Fukushima nuclear crisis – wild boars.

Treasury Secretary Mnuchin warns Congress on debt ceiling

CNNMoney
Treasury Secretary Steven Mnuchin sent a letter this week to Congress warning that the United States is about to reach its legal borrowing limit by next Thursday.

Airbnb Raises $1 Billion More in a Funding Round

New York Times
Peter Coles, head economist of Airbnb, at its headquarters in September in San Francisco. Credit Jason Henry for The New York Times.

Jobs Report: What to Watch For

New York Times
Construction work at 3 World Trade Center in Manhattan in August. Large urban counties have seen more than twice the annual wage growth as non-metropolitan areas.

Rochester windstorm: What you need to know on Friday

Rochester Democrat and Chronicle
Thousands of residents without power awoke to a cold reality Friday – this will be as warm as it gets all weekend. Here’s the latest on the great Rochester windstorm of 2017: As of 7:15 a.m.

Staples and Office Depot Are Being Ripped to Shreds by Amazon and the Internet

TheStreet.com
Persistently plunging sales, weak profits and more store closures have become the new normal for office supplies retailers Staples (SPLS) and Office Depot (ODP) as they battle online foes such as Amazon (AMZN) .

Pound on Worst Run Since August Versus Euro Amid Faltering Data

Bloomberg
The pound headed for its longest losing streak against the euro since August amid evidence that the U.K.’s decision to leave the European Union is starting to hit economic data just as European policy makers strike a more positive note on the region’s

Disney’s annual meeting in Denver takes a political turn

Los Angeles Times
Walt Disney Co.’s annual meeting took a sharply political turn as Chief Executive Robert Iger faced calls to step down from President Donald Trump’s business policy forum.

Bond yields just hit the level that Bill Gross said would signify a bear market

CNBC
Early in the year, bond guru Bill Gross warned clients that if the 10-year Treasury yield jumped past 2.6 percent, bad things for the fixed income market would follow.

Wells Fargo shakes up retail banking unit

MarketWatch
Wells Fargo & Co. took further steps this week to restructure its retail-banking business, even as the firm continues digging into the causes of its sales-practices scandal, according to employees and memos reviewed by The Wall Street Journal.

Staples closing 70 more stores: Will CNY locations be affected?

Syracuse.com
Fortune reports the leading office supplies retailer saw sales fall 7 percent in the fourth quarter as business continues to shift online and away from brick-and-mortar locations.

Oil’s Prize Fight: The Select Versus The Swarm

Bloomberg
I was only midway through the second day of a week-long energy conference when I heard the line that summed up the whole thing. Mohammad Barkindo, OPEC’s secretary general, was on the stage sharing his organization’s perspective on the U.S.

Snap’s nonvoting stock — everything sold in the IPO — is junk, investor says

Los Angeles Times
Los Angeles technology company Snap Inc.’s historic decision to go public last week with an issuance of only nonvoting shares sets a damaging precedent for the stock market, leading investors warned Thursday.

Trump pledges to ease regulations of community banks

Washington Post
President Trump met with nearly a dozen community bankers on Thursday, pledging to ease regulations the industry says has stifled its growth.

Iceland Could Be First Country to Require Equal Pay for Women

NBCNews.com
As thousands of women across the U.S. rallied for women’s rights on Wednesday’s International Women’s Day, Iceland announced its latest plan to tackle gender inequality.

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