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Breakingviews -calculated

Breakingviews -calculated

FILE PHOTO: The logo of Australia’s biggest investment bank Macquarie Group Ltd adorns a desk in the reception area of its Sydney office headquarters in Australia, Oct. 28, 2016. HONG KONG (Reuters Breakingviews) – TIERING UP. Regulators have finally come knocking on Macquarie’s door. The Australian Prudential Regulation Authority on Thursday dinged the A$55 billion…

Analysis: Biden infrastructure plan bets big on U.S. return to mass transit after COVID-19

Analysis: Biden infrastructure plan bets big on U.S. return to mass transit after COVID-19

2/2 © Reuters. FILE PHOTO: U.S. President Biden holds infrstructure event at Carpenters Pittsburgh Training Center in Pittsburgh, Pennsylvania 2/2 By David Shepardson and Heather Timmons WASHINGTON (Reuters) – U.S. President Joe Biden’s sweeping $2.3 trillion plan to rebuild America’s crumbling infrastructure proposes doubling federal funding for mass transit and spending $80 billion to expand…

Biden’s infrastructure plan will avoid hiking gasoline tax, vehicle miles fee: Cabinet official

Biden’s infrastructure plan will avoid hiking gasoline tax, vehicle miles fee: Cabinet official

© Reuters. FILE PHOTO: U.S. Transportation Secretary Buttigieg pictured at confirmation hearing By David Shepardson WASHINGTON (Reuters) – U.S. Transportation Secretary Pete Buttigieg said on Monday the White House will not propose hiking gasoline taxes or a new vehicle miles traveled (VMT) fee to pay for a proposal to massively boost infrastructure spending. Buttigieg told…