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PODCAST: A state of the art tunnel

Fed chair Janet Yellen briefs Congress, more on the Time Warner/Comcast merger, and D.C. builds an underground tunnel.

Market players are focused on key testimony about interest rates and jobs that starts this morning. More on that. Plus, Comcast stock is up a bit after the cable and media content company reported fourth quarter profits up from a year earlier. This a few weeks before federal regulators are scheduled to decide whether to allow a merger with Time Warner Cable. And underground water and drain pipes in America are often state of the art … if we were living in 1915. Money to replace and upgrade has been in short supply. But in the nation’s capital, the utilities are embarking on a $2.6 billion dollar remedy in the form of a tunnel.

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