Big Bertha, named for former city mayor Bertha Knight Landes, will dig up to 100 feet a day and build a massive tunnel under the city for a new freeway.
Caterpillar reported disappointing earnings this morning. The heavy-equipment maker announced its profits are down 45 percent and also cut its forecast for the rest of the year.
Many school districts around the country are making use of capital appreciation bonds, long-term bonds that can put them into debt for far more than they initially borrowed.
Many of the new homes being sold now were planned years ago. Finally demand has returned, in part because first-time buyers are being outbid by investors for bargain foreclosure sales.