Governors of more than a dozen states are rushing to offer incentives such as subsidized training and infrastructure to convince Boeing Co. to move production of its new 777X jetliner out of Washington, where union members rejected a labor contract that froze pensions.
The mayor of Bridgeview, Illinois, said building a taxpayer-financed arena for the billionaire owner of Major League Soccer’s Chicago Fire would bring hotels and restaurants to his suburb. Instead, the town has more than doubled property taxes and may raise them again to pay more than $200 million in stadium debt.
South Africa should empower agencies to start managing water-catchment areas and curb losses for a life-sustaining resource that’s in increasingly short supply, the Organization for Economic Development and Cooperation said.
To an Indian who grew up in the 1970s and ‘80s, the sights of Dhaka, Bangladesh, seem to belong to a past that Indian metropolises have mostly outgrown: exuberantly battered buses, unpainted buildings, pavement book vendors with faded posters of Rabindranath Tagore and Karl Marx as well as the Rolling Stones, and pitch darkness on the unlit streets and squares where rural migrants congregate in the evenings. The countryside still feels closer here than in Kolkata or Mumbai.