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roadshow: $132 billion — yes, billion — needed for road repairs


plus: believe it or not, there's no penalty for gas stations who jumped






gov. brown signs bill raising gas tax and vehicle fees by $5.2 billion annually


california motorists will start paying higher gas and diesel taxes on nov. 1 under legislation signed friday by gov. jerry brown to provide $5.2 billion annually for road and bridge repairs and expanded mass transit in the state. the plan, which also includes new fees when vehicles are registered,...






california’s gas tax is going up nov. 1 – even if you don’t notice right away


the tax goes up 12 cents a gallon this week as part of a transportation funding package that will pay for $52 billion in road repairs and other infrastructure.






california enacts $52 billion fuel tax hike for road, bridge repairs


california governor jerry brown signed into law on friday a bill to raise gasoline taxes and other transportation-related fees for the first time in decades in an ambitious $52 billion plan to repair the state’s long-neglected roads and bridges. the measure, increasing excise taxes on gasoline...






ford bets $1 billion on startup in push toward driverless vehicles


ford motor is spending $1 billion to take over a budding robotics startup to acquire more expertise needed to reach its ambitious goal of having a fully driverless vehicle on the road by 2021.






deere to buy road-equipment maker wirtgen for $5.2 billion cash


deere & co. plans to buy wirtgen group, a german maker of road-construction equipment, for $5.2 billion (4.6 billion euros). the deal will be in cash and establish deere's "leadership position" in the road-building industry and expand the reach of john deere construction equipment, according to...






california legislature votes to raise gas taxes, vehicle fees by $5.2 billion a


after a week of fierce debate between opposing interests, the state legislature on thursday approved a plan to raise gas taxes and vehicle fees by $5.2 billion a year to pay for the repair of california’s pothole-ridden, decaying system of roads, highways and bridges. the bill squeaked through...






california senate votes to raise gas taxes, vehicle fees by $5.2 billion a year


after a week of fierce debate between opposing interests, the state senate on thursday approved a plan to raise gas taxes and vehicle fees by $5.2 billion a year to pay for the repair of california’s pothole-ridden, decaying system of roads, highways and bridges. the bill, which passed the senate...






california's air quality is more important than rushing through a transportation


california lawmakers should absolutely raise the gas and diesel taxes to pay for road repairs. they should embrace the proposal by gov. jerry brown and legislative leaders to generate $5 billion a year for transportation by hiking fuel and vehicle taxes and imposing a first-ever “road improvement...






repairs to crumbling rail infrastructure requires $50b, senators say


a "major direct federal investment" of $50 billion is needed to save crumbling u.s. rail infrastructure, according to u.s. sens. chuck schumer and kirsten gillibrand.






roadshow: caltrans tackling the uneven pavement at 85-101


statewide, rain damage repair bill could hit $1.3 billion.






federal warship replacement cost swells to $62 billion, now more than twice the


jean-denis frechette's analysis says the per-ship price tag has swelled to $4.1 billion — up from the $1.7-billion estimate in 2008






pennsylvania governor seeks $2 billion of cuts in proposed budget


pennsylvania gov. tom wolf on tuesday proposed a $32.3 billion state budget for fiscal 2018 that seeks to reduce an estimated $3 billion structural deficit through $2 billion in spending cuts and $1 billion in revenue enhancements. his plan would not, however, raise the personal income or state sale...






that $52-billion road bill just made california's next climate change move a hea


it took late-night cajoling and nearly $1 billion in deal sweeteners for gov. jerry brown and top democrats to muscle through a $52-billion tax-and-fee plan just over a week ago to repair california’s roads. now they have to do it all again. brown and legislative leaders have another daunting battle...






roadshow: mr. roadshow returns from unexpected maintenance work


plus: ygnacio valley road in walnut creek and clayton has always been a challenging commute.






california drivers should grow up and stop complaining about the gas tax


to the editor: it’s sad to see that many californians are against the new gas taxes. nobody loves taxes, but when will we grow up and realize that sometimes we need them? (“gov. brown signs bill raising gas tax and vehicle fees by $5.2 billion annually for road and bridge repairs,” april 28) we...






senate advances $36.5 billion disaster relief package


the senate on monday gave a preliminary ok to a $36.5 billion hurricane relief package that would provide puerto rico with a much-needed infusion of cash and keep the federal flood insurance program from running out of money to pay claims.






cigna rejects anthem's $48 billion takeover bid; sues for $1.85 billion terminat


cigna says it is rejecting anthem's proposed $48 billion acquisition bid and suing the blue cross-blue shield insurer. the announcement comes hours after another major insurer, aetna, said it was abandoning its planned $34 billion purchase of medicare advantage provider humana. the department of...






after years of making other studios' movies, village roadshow wants homegrown hi


australian film company village roadshow entertainment group, known for co-financing and co-producing movies such as “mad max: fury road” and “american sniper,” is looking to develop movies in-house. the shift is part of a broader strategic plan for village roadshow, which has sold a controlling...






colorado lawmakers crafting massive spending overhaul in final days


colorado’s top lawmakers are negotiating a far-reaching measure in the final days of the legislative session that is designed to save hospitals from major budget cuts, generate $1.8 billion for road repairs and lower the state’s spending cap.






trump budget to include $200 billion for infrastructure over decade: official


president donald trump plans to propose $200 billion in infrastructure spending over 10 years, an amount the administration hopes will encourage another $800 billion in infrastructure investment by the private sector, a white house official said on friday. the $200 billion in infrastructure spending...






trump’s border wall with mexico would cost $21.6 billion and take 3.5 years to b


the price-tag is much higher than a $12-billion figure cited by trump in his paign and estimates as high as $15 billion from paul ryan and mitch mcconnell






google faces $1.3 billion french ruling amid `tax populism’


google will find out this week if it owes 1.12 billion euros ($1.3 billion) in back taxes to france, just days after it was slapped with a record antitrust fine by the european union.






ap sources: white house to seek $29b disaster aid package


the trump administration is finalizing a $29 billion disaster aid request that combines $16 billion to shore up the government-backed flood insurance program and almost $13 billion in new relief for hurricane victims.






china reports breaking up gang that moved $3 billion abroad


chinese police say they have broken up a gang that smuggled 20 billion yuan ($3 billion) out of the country, evading financial controls imposed by beijing to stem an outflow of capital from the economy.






insurer aig predicts $3 billion in losses from catastrophes


new york (ap) — american international group expects to record insurance losses of roughly $3 billion during the third quarter from the recent hurricanes and earthquakes. aig said monday that it expects to record pre-tax catastrophe losses between $2.9 billion and $3.1 billion during the quarter because of damage it will have to cover from […]






ford bets $1b on startup founded by waymo, uber vets


ford motor is spending $1 billion to take over a budding robotics startup to acquire more expertise needed to reach its ambitious goal of having a fully driverless vehicle on the road by 2021.






march 31 letters: california already has enough funds for road repairs


california has plenty of funds available for road repairs if it keeps its spending priorities in order






counterfeiters, hackers cost us up to $600 billion a year


washington (ap) — counterfeit goods, software piracy and the theft of trade secrets cost the american economy as much as $600 billion a year, a private watchdog says. in a report out monday, the commission on the theft of american intellectual property says the annual losses range from about $225 billion to $600 billion. the […]






chipmaker nvidia reports record revenue for fiscal year, q4


company brought in $2.17 billion, up 55 percent from $1.4 billion a year earlier and up 8 percent from $2 billion in the previous quarter.






u.s. air force seeks $1.3 billion increase for space programs


the white house is asking congress to provide $7.75 billion for military space systems in 2018, a $1.3 billion increase over what the pentagon sought for 2017.






how did sound transit’s $15 billion tax request reach $54 billion? republicans s


gop legislators say they thought they were authorizing $15 billion in taxes when they voted in 2015 to let sound transit ask voters to expand transit. how did that become $54 billion? legislators put no expiration date on the taxes. now they say they were misled.






harvey, irma winds could topple german re-insurer’s profits


frankfurt, germany (ap) — re-insurer munich re says it may not reach its profit goal for this year because of heavy damage from hurricanes harvey and irma. the company said in a news release thursday that it “might miss its profit guidance of 2 billion to 2.4 billion euros ($2.4 billion to $2.8 billion) for […]






senate advances $36.5 billion disaster relief package


the senate on monday gave a preliminary ok to a $36.5 billion hurricane relief package that would provide puerto rico with a much-needed infusion of cash and keep the federal flood insurance program from running out of money to pay claims. the 79-16 procedural vote set the stage for a final vote,...






fannie mae to pay treasury $5.5 billion after profit doubles


new york (ap) — fannie mae will pay the u.s. treasury a $5.5 billion dividend next month after its profit doubled in its latest quarter. the government-controlled mortgage company has already paid the treasury $154.4 billion in dividends since receiving $116.1 billion in bailouts from the government between 2008 and 2011. on thursday, fannie mae’s […]