IN BRIEF
SOMA, Turkey — Rescuers desperately raced against time to reach more than 200 miners trapped underground today after an explosion and fire at a coal mine in western Turkey killed at least 205 workers, authorities said, in one of the worst mining disasters in Turkish history.
Energy Minister Taner Yildiz said 787 people were inside the coal mine in Soma, some 155 miles south of Istanbul, at the time of the explosion and 363 of them had been rescued so far.
“Regarding the rescue operation, I can say that our hopes are diminishing,” Yildiz said.
WASHINGTON — America's roads, bridges and ports are falling apart, and the federal government is running out of money to fix them. So President Barack Obama is heading to a crumbling bridge outside New York City to try to pressure Congress into giving the nation's infrastructure an infusion of cash.The Obama administration has proposed a four-year, $302 billion transportation plan. Of that amount, half would be in addition to the programs paid for with fuel taxes.That additional spending would come from revenue raised by closing corporate tax loopholes and by making other changes in business taxes, a longshot idea in a politically divided Congress.
TOKYO — Sony Corp. sank to a $1.3 billion quarterly loss, hit by costs from selling its personal computer business and is forecasting more red ink as it struggles to execute a long-promised turnaround.The Tokyo-based maker of the PlayStation 4 game machine, Bravia TVs and Walkman digital player also reported today a loss of $1.3 billion for the fiscal year through March 2014, about three times its loss of 41.5 billion yen the previous year.
