Infrastructure

Kansas City Southern in talks on Canadian Pacific’s $31B bid

Kansas City Southern is in talks with Canadian Pacific to determine whether its $31 billion bid for the railroad is the best offer on the table after regulators rejected a key part of Canadian National’s $33.6 billion bid last week.

Hurricane Ida destruction could lift infrastructure bill hopes

The monumental destruction wreaked this week by Hurricane Ida, one of the most powerful storms to ever make landfall in the U.S., has become a new catalyst on Capitol Hill for lawmakers pushing a $1 trillion bill to rebuild the nation's crumbling infrastructure.