The decision to delay New York City’s congestion pricing plan risks leaving the Metropolitan Transportation Authority with a bigger budget hole than originally thought. The agency has warned bondholders that it may have to postpone more than $15 billion of infrastructure projects to make up for the huge deficit.
Citi Fined €13 Million by Germany Over Fat-Finger Flash CrashGilead Shot Prevents 100% of HIV Cases in Trial of African WomenFrance Wants to Reopen Talks With EDF on Power ContractsKuwait Warns of More Power Cuts as Struggle With Heat WorsensMcDonald’s $5 Value Meal Intensifies a Fast Food Price WarBrazil Taps Global Markets With Sustainable Bond OfferingMicroStrategy Buys $786 Million More in Bitcoin With Note ProceedsStocks’ Relentless Rally Makes Bears Endangered on Wall StreetForget...
5 Billion Order for Ammunition SupplyMeituan’s Worst-to-First Stock Rally Has Street Looking for MoreFord Sacrifices Short-Term Profits to Fix Its Costly Recall ProblemSantander Purges WhatsApp from Spanish Investment Bank PhonesFrance Wants to Reopen Talks With EDF on Power ContractsMcDonald’s $5 Value Meal Intensifies a Fast Food Price WarAurubis Names Toralf Haag as New CEO After Board OverhaulMacron’s Opponents Face Hostility From French Business ChiefsChina Vows to Help Rein In Redundant...
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NYC Congestion Pricing Risks Delay After Hochul Weighs PauseNew York Governor Kathy Hochul is considering delaying a plan to charge motorists driving into midtown Manhattan and potentially replacing it with a tax on New York City businesses, according to a person familiar with the situation who requested anonymity because the proposal hasn’t been made public.
Read more »
NYC Congestion Pricing Risks Delay After Hochul Weighs Pause(Bloomberg) -- New York Governor Kathy Hochul is considering delaying a plan to charge motorists driving into midtown Manhattan and potentially replacing it ...
Read more »
NYC’s Congestion Pricing Delay Puts Transit Agency’s Credit Rating at RiskThe credit rating on the Metropolitan Transportation Authority’s farebox revenue bonds could be hurt by the delay of New York City’s congestion pricing plan, according to S&P Global Ratings.
Read more »
NYC Stops Work to Expand Second Avenue Subway After Congestion Pricing HaltedConstruction work on extending New York City’s Second Avenue subway to Harlem is on hold after Governor Kathy Hochul’s decision to indefinitely pause a congestion pricing plan leaves the nation’s largest transit system without the funds to pay for such infrastructure projects.
Read more »
Hochul Took ‘Wrong Turn’ on NYC Congestion Fee, Comptroller SaysNew York City Comptroller Brad Lander accused Governor Kathy Hochul of violating state law when she halted a congestion pricing plan that would fund $15 billion of modernization projects for the city’s public transportation system.
Read more »
Revised Skydance offer would let Paramount shareholders cash out at $15/shr, WSJ reportsThe new proposal values Paramount B-shares at a roughly 26% premium to Friday's close, the report added. Paramount declined to comment on the report while...
Read more »