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)
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Why Negative Rates Are Problematic for Banks
14:42 - Man Group CEO Designate Luke Ellis discusses negative rates and the Japanese economy. He speaks on "On the Move." (Source: Bloomberg)