By Ted O’Neil | The Center Square contributor for themercury.com (The Center Square) – An executive order signed by President Joe Biden that could force railroads to allow other operators to use their tracks could reduce competition and increase costs, according to industry experts. Biden’s order last week in part called on the independent Surface […]
Written by William C. Vantuono, Editor-in-Chief for railwayage.com The Biden Administration will shortly issue an Executive Order directing federal regulators to “confront consolidation and perceived anticompetitive pricing” in the railroad and ocean shipping and industries “as part of a broad effort to blunt the power of big business to dominate industries,” according to a July 8 Wall Street […]
President Biden rolled out his pro-union plan to rebuild the nation’s roads, bridges, water pipes, and expand broadband access during his first address to a joint session of Congress. President Biden also mentioned jobs more than 40 times during his address, touting not only the addition of 1.3 million jobs during his administration but the […]
President Biden’s American Rescue Plan Act provides 100 percent health COBRA coverage to employees and their family members. IAM members would qualify for COBRA coverage if they lost health insurance (including medical, dental, and vision plans) due to a reduction in hours being cut back, switch from full time to part-time, a temporary leave of absence, […]
By Benjamin Kail for masslive.com Veterans Affairs beneficiaries who’ve waited nearly a month for their $1,400 COVID-19 stimulus checks should see them by Wednesday, according to the Internal Revenue Service. Weeks of administrative holdups prevented retirees, Veterans Affairs beneficiaries and other low-income recipients of federal benefits from getting their checks as quickly as tens of millions of other Americans. Still, Social Security, […]
By LAUREN KEITH for lonleyplanet.com President Joe Biden has announced a $2 trillion plan to improve the USA’s infrastructure that could mean impressive changes for travelers around the country if it’s approved. Improvements include 20,000 miles of rebuilt roads and billions of dollars for seaports and airports, but perhaps the most interesting prospect is the […]
By Kevin Shalvey for businessinsider.com President Joe Biden at an event announcing funding for Amtrak as part of the American Recovery and Reinvestment Act in 2009. Larry Downing/Reuters President Joe Biden’s long political history included years of advocating for Amtrak funding. Biden earned the nickname “Amtrak Joe” as he commuted between Delaware and Washington for decades. […]
By Paul R. La Monica, CNN Business Wall Street is once again betting on infrastructure. And after four years of dashed hopes, investors have reason to believe Washington will finally get something done to repair highways, and spend more on telecom networks. President Biden’s proposed $2 trillion infrastructure plan has the market excited. The iShares U.S. Infrastructure exchange-traded […]
President Biden signed the $1.9 trillion coronavirus relief package on Thursday Mar 11th. “For over a year the American people were told they were on their own,” said President Biden. “This nation has suffered too much for much too long, and everything in this package is designed to relieve the suffering and to meet the […]
Its chances aren’t looking good in the Senate, with the big hurdle of the filibuster. By Ella Nilsen for vox.com The US House of Representatives has officially passed a sweeping, bipartisan labor bill, the Protecting the Right to Organize (PRO) Act. Cheered by unions and disliked by businesses, the bill likely cannot pass the Senate without […]