failing infrastructure News

Investigators Fault Pittsburgh for Poor Inspection, Maintenance of Bridge That Collapsed

The city of Pittsburgh did not adequately maintain or repair a bridge and failed to act on inspection reports, leading to the corrosion of the structure’s steel legs and its collapse into a ravine, federal investigators said Wednesday. The city-owned …

Scores of U.S. Dams in Poor Condition Pose Danger to Thousands

On a cold morning last March, Kenny Angel got a frantic knock on his door. Two workers from a utility company in northern Nebraska had come with a stark warning: Get out of your house. Just a little over a …

World Cup Insurer Munich Re Gives Brazil Vote of Confidence

Munich Re has up to $400 million on the line insuring against delays or cancellations of World Cup matches. The world’s largest reinsurer is counting on Brazilian President Dilma Rousseff to do whatever it takes to avoid the embarrassment that …