Autostrade, a privatized road operator, dwarfs the Italian family’s fashion empire. It’s now facing angry questions about big profits and lax regulation. Source: NYT > Business – DAVID SEGAL and GAIA PIANIGIANI
Private Money Takes On Bigger Role in Airport Projects
As governments pull back on spending, companies are paying for private terminals, joining in renovations and even reopening an airport to commercial flights. Source: NYT > Business – AMY ZIPKIN
Can America Still Build Big? A California Rail Project Raises Doubts
The state’s governor has sent an expensive high-speed rail project into disarray. If California can’t build it, who can? Source: NYT > Business – THOMAS FULLER, JENNIFER MEDINA and CONOR DOUGHERTY
With Savings to Burn, Russia Turns (Again) to a State-Led Spending Plan
A new five-year policy offers $100 billion for infrastructure to stimulate growth — a shift from a focus on consumer spending. Source: NYT > Business