Latest Construction and engineering News
Mistras: Q3 Earnings Snapshot
PRINCETON JUNCTION, N.J. (AP) — PRINCETON JUNCTION, N.J. (AP) — Mistras Group Inc. (MG) on Wednesday reported earnings of $6.4 million in its third quarter. On a per-share basis, the Princeton Junction, New Jersey-based company said it had net income of 20 cents. ...
Materion: Q3 Earnings Snapshot
MAYFIELD HEIGHTS, Ohio (AP) — MAYFIELD HEIGHTS, Ohio (AP) — Materion Corp. (MTRN) on Wednesday reported earnings of $22.3 million in its third quarter. The Mayfield Heights, Ohio-based company said it had net income of $1.07 per share. Earnings, adjusted for one-time gains and...
Housing on the ballot: Harris, Trump push different plans for tackling housing affordability crisis
Millions of Americans can’t afford to buy a home or rent a suitable apartment, making housing a central issue for voters in the upcoming presidential election. The biggest single reason homeownership is out of reach for many is there aren’t nearly enough homes for sale to balance...
Awash in oil money, Guyana promises cash, free tuition and other perks ahead of election
GEORGETOWN, Guyana (AP) — Guyanese President Irfaan Ali announced several perks ahead of national elections next year, including free college tuition and a one-time cash payment of nearly $1,000 for every household in the oil-rich South American country. Ali also promised to cut...
US adds a robust 254,000 jobs and unemployment dips to 4.1% in sign of still-sturdy labor market
WASHINGTON (AP) — America’s employers added a surprisingly strong 254,000 jobs in September, easing concerns about a weakening labor market and suggesting that the pace of hiring is still solid enough to support a growing economy. Last month’s gain was far more than economists...
Harvesting hops for beer produces a lot of waste. These German groups are seeking to fix that
MUNICH (AP) — Two students in Munich, sipping beers on their dormitory couch in 2022, chatted about a recent lecture describing the use of banana fibers in Colombia to make sustainable building materials. Wouldn't it be great, the Technical University of Munich students joked, to...
Cambodia hopes a new canal will boost trade. But it risks harming the Mekong that feeds millions
PREK TAKEO, Cambodia (AP) — The Mekong River is a lifeline for millions in the six countries it traverses on its way from its headwaters to the sea, sustaining the world’s largest inland fishery and abundant rice paddies on Vietnam's Mekong Delta. Cambodia's plan to build a...
Passenger on a previous Titan sub dive says his mission was aborted due to apparent malfunction
A paid passenger on an expedition to the Titanic with the company that owned the Titan submersible testified before a U.S. Coast Guard investigatory panel Friday that the mission he took part in was aborted due to an apparent mechanical failure. The Titan submersible imploded last...
Authorities arrest a relative of the King of Jordan and 3 others for $1M insider-trading plot
MIAMI (AP) — Authorities charged four men, including a relative of the King of Jordan, for conspiring to make insider stock trades on a business acquired by one of South Florida’s major publicly held companies, MasTec. Federico Nannini, 26; his father, Mauro Nannini, 63; and two...
The Grand Canyon main water line has broken dozens of times. Why is it getting a major fix only now?
On a scorching day in June 2013, the Grand Canyon discouraged hikers from making a long trek to the bottom because there would be no potable water. A set of historic cabins and bunks also would be closed overnight because of a water pipeline break. The incident was one of more than...
