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Infrastructure

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Connecticut Leaps to 23rd in CNBC's 2026 Top States for Business
business1 day ago

Connecticut Leaps to 23rd in CNBC's 2026 Top States for Business

Connecticut rose five places to 23rd in CNBC’s 2026 America's Top States for Business rankings, aided by a heavier emphasis on infrastructure and CT’s strong performance in education (4th) and quality of life (5th). The state also ranked well in technology/innovation (19th), business-friendliness (21st), access to capital (23rd) and workforce (25th), while affordability remained a weakness (cost of doing business 40th, cost of living 44th). CNBC evaluated 50 states across 138 metrics; Ohio topped the list, followed by North Carolina (2), Virginia (3), Texas (4) and Minnesota (5). Among New England states, Massachusetts ranked 15th and Connecticut 23rd.

Ohio Crowned CNBC’s 2026 Top State for Business
business1 day ago

Ohio Crowned CNBC’s 2026 Top State for Business

Ohio is named CNBC’s 2026 Top State for Business, led by top Infrastructure and Cost of Doing Business scores, with strong site-readiness programs and a landmark $4.2B, 10-gigawatt data-center project; still, Education and Workforce remain weaknesses as the state plans a $300M JobsOhio effort to close its skills gap amid an affordability debate in the governor’s race.

Infrastructure Takes the Lead in CNBC’s 2026 States for Business Ranking
business1 day ago

Infrastructure Takes the Lead in CNBC’s 2026 States for Business Ranking

CNBC's 2026 Top States for Business, now in its 20th year, ranks all 50 states using 138 metrics across 10 categories. Infrastructure is the top-weighted factor and permitting ease is counted for the first time, with the economy sliding to second and workforce remaining key. Ohio leads, followed by North Carolina and Virginia, with Texas and Minnesota rounding out the top five, reflecting shifts in how states balance infrastructure, economy, and workforce to attract investment.

Meta’s AI Spending Could Pay Off If It Sells Compute
technology4 days ago

Meta’s AI Spending Could Pay Off If It Sells Compute

Meta Platforms is pursuing a SpaceX-like playbook, committing roughly $125–$145 billion in AI infrastructure through 2026 and signaling plans to monetize compute by selling cloud capacity to third parties, with anchor deals already in motion that could generate a sizable annual run rate. Even without AI revenue, Meta’s ad business produced about $201 billion in 2025 at a ~41% margin, underpinning the stock; however, ROI concerns linger given massive capex, Reality Labs losses, depreciation outpacing capex, and regulatory risks. A successful compute pivot could unlock upside through multiple expansion if anchor tenants materialize, while failure would leave the ad business as the core driver.

Heatwave leaves over 842,000 homes in the dark as US endures scorching heat
weather6 days ago

Heatwave leaves over 842,000 homes in the dark as US endures scorching heat

A sweeping heatwave across the Midwest and Northeast has knocked out electricity to more than 842,000 homes, with total outages approaching a million as crews race to restore service amid record heat. The strain on the grid comes as heat indexes reach 110–115°F in some areas, prompting the cancellation of Independence Day parades/events and disrupting travel (Amtrak), while sparking national debate over energy infrastructure, renewables vs. nuclear, and how best to bolster resilience against climate change.

Heatwaves test the resilience of essential tech
technology8 days ago

Heatwaves test the resilience of essential tech

The BBC outlines how rising heat disrupts essential tech—from power transformers, distribution cables and telecoms cabinets to NHS IT systems and data centres—by reducing gas-fired plant output, lowering solar efficiency, and triggering equipment malfunctions or alarms. Hotter summers cause cable sag, higher thermal noise, and data-centre cooling failures, prompting outages; authorities are expanding ventilation, cooling and grid capacity to boost resilience as climate change promises more extreme heat.

Paris Reconsiders Comfort as Heat Waves Make AC Essential
world11 days ago

Paris Reconsiders Comfort as Heat Waves Make AC Essential

During France’s record heat wave, Parisians confront scarce air conditioning in homes, hospitals, and schools, facing cultural myths about thermal shocks, high electricity costs, and environmental concerns; with temperatures rising and about 1,000 excess deaths, the conversation shifts from viewing AC as a luxury to recognizing cooling as a health necessity, prompting calls for broader cooling infrastructure and adaptation.

AI Boom Shifts Focus From Chips to Power Infrastructure
markets11 days ago

AI Boom Shifts Focus From Chips to Power Infrastructure

BlackRock Investment Institute says the next AI trade may hinge on energy security and data-center power rather than chip supply. With more than 55 gigawatts of behind-the-meter capacity planned in the U.S. and long-term contracts like Microsoft-Chevron’s Kilby project, GE Vernova, Eaton and Vistra are positioned to benefit as hyperscalers seek on-site, dispatchable power amid grid bottlenecks and rising electricity costs.

Britain’s heatwave exposes readiness gaps as temperatures surge
environment15 days ago

Britain’s heatwave exposes readiness gaps as temperatures surge

Britain’s record heat highlights how unprepared the country is for rising temperatures: a London climate event was canceled by heat, rail services were disrupted and schools closed, while demand for air conditioning rose as supply ran short; experts warn homes and infrastructure aren’t built for future extremes and that 40C summers could become normal by 2050, prompting calls—from Greenpeace and others—for a robust extreme-heat plan and swifter climate action to protect vulnerable groups.

Europe cooks under record heat as millions face 30C+ across the continent
climate16 days ago

Europe cooks under record heat as millions face 30C+ across the continent

Europe endures another day of record heat, with forecasts showing about 380 million people above 30C and roughly 101 million above 35C, including 63 million in France; red alerts blanket parts of France as Brittany experiences power outages and a Paris-area child dies in a heat-related incident. In Spain, heat is linked to 212 deaths over four days and 98 excess deaths in 2025, while western Europe faces widespread highs into the 30s and 40s across Germany, Italy, Britain and beyond.

NASA warns Artemis could stall without $1B in upgrades to aging launch hubs
space16 days ago

NASA warns Artemis could stall without $1B in upgrades to aging launch hubs

A NASA Office of Inspector General report warns that aging launch facilities at Kennedy Space Center and Wallops Flight Facility are near capacity as Artemis, SpaceX, Blue Origin and others boost launch activity. The infrastructure strain—roads, power, gas and helium pipelines—could hinder future missions, with estimates showing about $1 billion needed for upgrades (only $250 million funded in the latest bill). The report calls for prioritized infrastructure fixes and explores new funding mechanisms to support ongoing upgrades as demand rises through 2028–2030 and beyond.

CRH to buy Arcosa for $8.5B to deepen U.S. infrastructure footprint
business18 days ago

CRH to buy Arcosa for $8.5B to deepen U.S. infrastructure footprint

CRH will acquire U.S.-based Arcosa in an $8.5 billion all-cash deal at $150 per share (a 10.4% premium), expanding CRH’s North American materials and infrastructure platform. The transaction, expected to close in Q1 2027, adds quarries, yards, asphalt plants and infrastructure products for grid modernization and data centers, with about $175 million in cost synergies by year three and earnings accretion in the first year after close.