Miami Digs $663M Undersea Tunnel. Where Does It Go?

Oct. 28 (Bloomberg) –- A century ago the Panama Canal opened with great fanfare. Now it's going through a $5 billion expansion so ships bigger than three football fields can get through its locks. That has ports up and down the U.S. east coast vying for the business -- with Port Miami investing $2 billion to try and attract the new super ships. Bloomberg Television goes to PortMiami to see four giant cranes arrive from Shanghai and tour the largest bored tunnel in North America now under construction at the port. (Source: Bloomberg)
Charting the Impact of China’s Shrinking PMI
50:47 - China’s Purchasing Managers’ Index fell to the lowest reading in three years as monetary easing failed to revive old growth drivers weighed by overcapacity and sliding prices. Bloomberg’s Mark Barton looks at the impact on Asia stocks, the Australian dollar and crude oil on “The Pulse.”
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