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Today’s Headlines
by Elana Schor
- NYU professor Roubini, who publicly predicted the foreclosure crisis, says 11% unemployment will linger for years without more infrastructure stimulus spending (Daily News)
- Federal government strikes down Boston's attempt to reroute hazardous trucking cargo around the center city (Globe)
- General Electric looks forward to riding the infrastructure stimulus gravy train -- though some analysts say GE's optimism may be misguided (WSJ)
- General Motors sees the upside in a $1.1 billion third-quarter loss (NYT)
- Prospects for a gas tax increase to fund Virginia transportation projects appears dead in the wake of GOP Gov.-elect Bob McDonnell's recent victory (WTOP)
- With friends like these...? Sen. Byrd (D-WV), who has earmarked more than $350 million for an Appalachian highway to be named after himself, urges the White House to pass a new long-term transport bill (Byrd Press)
- Minnesotans christen their second rail transit line, the Northstar (MinnPost)
