Infrastructure
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General Dynamics gets $17B contract to build U.S. Navy subs
Subsidiary Electric Boat will partner with Newport News Shipbuilding, a unit of Huntington Ingalls Industries
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North Dakota aims to become drone-making capital
After the “Bakken Bump,” the isolated northern state hopes a “Drone Boom” will continue it’s explosive growth
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Internet Explorer security gap exposes users to attacks
Microsoft encourages customers to enable a firewall, apply all software updates and install anti-malware software
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Ontario pledges $1B to develop Ring of Fire, dares Ottawa to match it
The province feels the Ring of Fire deserves federal support similar to projects like Alberta’s oilsands
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Canada renews push for progress on Windsor bridge
The bridge is facing obstacles from conservatives opposed to new spending and from the owners of the Ambassador Bridge
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French government blocking GE’s Alstom bid—at least for now
French government said it was “ready to take part financially” in a deal
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Trading halted in shares of Alstom amid talk of GE bid
GE’s biggest hurdle may be political, as Economy Minister Arnaud Montebourg has fought against American companies buying French rivals
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Feds order oldest DOT-111 tank cars off tracks in 30 days
Transport Minister Lisa Raitt also ordered rail carriers to prepare emergency response assistance plans for shipments of all petroleum products
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Province awards $261M deal to build rapid bus network north of Toronto
Project will see Yonge Street widened for dedicated bus lanes, 10 bus stations built along route
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Caterpillar cuts CEO’s pay 32%
The heavy machinery maker cut its top executive’s compensation to $12 million in 2013, as profits fell by a third
