Business Notes: Dec. 6, 2105
Randolph — Exit 4 Open Space, the environmental group that formed to oppose a large development planned off Interstate 89’s Exit 4, has asked the District 3 Environmental Commission to cut off talks between the developer and other environmental groups involved in public hearings on state permits. On Nov. 20, the commission, which held five months of public hearings on whether the proposed mixed-use development meets certain Act 250...
Egypt Unveils Suez Canal Extension
Ismailia, Egypt — In a defining moment of his young presidency, Egypt’s Abdel-Fattah el-Sissi presided Thursday over the unveiling of a major extension of the Suez Canal that he hailed as a historic feat needed to revive the country’s ailing economy after years of unrest. Upbeat and clearly relishing the pomp-filled occasion, el-Sissi nevertheless conceded that the $8.5 billion project will not bring a quick economic windfall to a...