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)
