Transportation

A newly formed highway construction company has landed more than $27 million in new government projects across the Carolinas despite its deep ties to a discredited North Carolina paving firm barred from bidding on state contracts.

Wisconsin-based Oshkosh Corp. has won a major contract to build a new combat vehicle to replace a large share of the military's Humvee troop carriers.

Black Mercedes-Benz R-Class SUVs rolled down the AM General assembly line Tuesday interspersed with white MV-1 wheelchair-accessible vans as workers began producing vehicles for the German automaker, a scene company officials believe is a sign of hope for the northern Indiana auto plant where Hummer H2s once were made.

A Boston company wants to offer the first private passenger rail line in the nation in more than 30 years, reviving a once-popular business model that was stopped dead in its tracks decades ago.

U.S. governors have taken or scheduled about 80 trips abroad since the start of 2014, generally focused on boosting exports or recruiting businesses to their states.

The Italian navy has placed a 3.5 billion euro ($3.9 billion) order for six patrol boats capable of high seas rescues and a support ship as part of a program to upgrade its fleet.

A retired Army colonel has pleaded guilty to negotiating his post-military employment with a helicopter company that did business with the Defense Department office he managed.

The House has passed a bill that could boost Amtrak service in the popular Northeast Corridor while giving states more authority over the routes they help subsidize.

The federal government Wednesday awarded a $134.5 million contract to begin deepening the river channel ships use to reach the busy Port of Savannah, meaning the long-sought harbor expansion can begin as soon as the contractor gets its dredging equipment in the water.

The secretary of the Navy has reprimanded three rear admirals in a case linked to a massive bribery scandal, but they won't face criminal charges.

A Canadian Pacific Railway attorney tried Tuesday to persuade the state Claims Board to hand the railroad more than half a million dollars for helping develop a high-speed rail plan before Gov. Scott Walker killed the project.

A Chinese government-owned rail company was awarded a $566.6 million Massachusetts state contract on Wednesday to build subway trains for the "T," the nation's oldest subway system, despite concerns from local activists about China's human rights record as well as complaints from competitors that the company's winning bid was unrealistically low.

___ Across US job market, layoffs are becoming rare WASHINGTON (AP) — The risk of losing your job is getting smaller and smaller.

___ Microsoft makes design central to its future Before Ralf Groene helped devise the look and feel of Microsoft's Surface tablet, he designed food — or "food concepts," he says, such as dried noodles that come wrapped around a pair of chopsticks and a fork that squeezes out sauce.

Furloughs that have cut staff by 10% across the country reduces the ability of busy hubs to handle arrivals and departures. 

The truck maker plans to cut a total of 900 positions in its defense division starting in June, citing a decline in production amid reduced DoD budgets.

Lockheed Martin's CFO said he was hopeful 2014 would mark a 'bottoming out' in U.S. military spending, with budget agreements providing a more stable outlook. United Swings to 4Q Profit | Futures Lower Ahead of Data, Earnings | 

A source tells FOX Business that despite Fisker's claims, A123 was fully capable of making batteries for the troubled automaker's plug-in vehicles.

The carmaker paid off its $451.8 million loan nine years earlier than required, using money raised last week in a stock and debt offering.

The FAA reportedly warns airlines to expect major delays starting this week due to sequester-related furloughs among air controllers.