Latest Construction and engineering News

A $1 billion proposal is the latest plan to refurbish and save the iconic Houston Astrodome

Nov. 13, 2024 18:01 PM EST

HOUSTON (AP) — The Houston Astrodome has been in limbo, waiting for its chance at a second life since being shuttered more than 15 years ago. It was a technological marvel when it opened in 1965. But its heyday has long passed and it hasn’t been home to a sports team since the...

Wall Street makes wagers on the likely winners and losers in a second Trump term

Nov. 12, 2024 18:41 PM EST

NEW YORK (AP) — Wall Street is already making big bets on what take two for a White House led by Donald Trump will mean for the economy. Since Election Day, investors have sent prices zooming for stocks of banks, fossil-fuel producers and other companies expected to benefit from...

Southland: Q3 Earnings Snapshot

Nov. 12, 2024 17:36 PM EST

GRAPEVINE, Texas (AP) — GRAPEVINE, Texas (AP) — Southland Holdings Inc. (SLND) on Tuesday reported a loss of $54.7 million in its third quarter. The Grapevine, Texas-based company said it had a loss of $1.14 per share. The infrastructure construction company posted...

MDU Resources: Q3 Earnings Snapshot

Nov. 07, 2024 08:41 AM EST

BISMARCK, N.D. (AP) — BISMARCK, N.D. (AP) — MDU Resources Group Inc. (MDU) on Thursday reported earnings of $64.6 million in its third quarter. The Bismarck, North Dakota-based company said it had profit of 32 cents per share. The energy, mining, construction and...

Mistras: Q3 Earnings Snapshot

Oct. 30, 2024 16:49 PM EDT

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

Oct. 30, 2024 07:17 AM EDT

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

Oct. 23, 2024 06:02 AM EDT

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

Oct. 11, 2024 16:03 PM EDT

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

Oct. 04, 2024 12:36 PM EDT

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

Sep. 30, 2024 22:13 PM EDT

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...