Latest Construction and engineering News
China's Baosteel to buy out Nippon Steel's 50% stake in auto steel venture
BANGKOK (AP) — China’s Baosteel said Tuesday that it will acquire Nippon Steel’s 50% stake in their auto steel joint venture for about $242 million. The contract for the joint venture, Baosteel Nippon Steel Automotive Steel Sheets, was due to expire on July 30. ...
How a faulty CrowdStrike update crashed computers around the world
Airlines, banks, hospitals and other risk-averse organizations around the world chose cybersecurity company CrowdStrike to protect their computer systems from hackers and data breaches. But all it took was one faulty CrowdStrike software update to cause global disruptions Friday that...
Tech disruptions sparked by software update highlight the fragility of globally connected technology
Airlines, banks, hospitals and other risk-averse organizations around the world chose cybersecurity company CrowdStrike to protect their computer systems from hackers and data breaches. But all it took was one faulty CrowdStrike software update to cause global disruptions Friday that...
Trump uses false claim about Chinese auto plants in Mexico to call for UAW president to be fired
DETROIT (AP) — Donald Trump made a pitch for votes from key swing state autoworkers during his acceptance speech for the Republican presidential nomination, using false claims to call on them to fire their union president. On Thursday night in Milwaukee, Trump said the United Auto...
City council approves a new Tampa Bay Rays ballpark — and the existing site's transformation
ST. PETERSBURG, Fla. (AP) — The Tampa Bay Rays are on track to get a long-sought new ballpark following a city council vote Thursday on a major redevelopment project that also guarantees the team will stay where it is for at least 30 years. The ballpark is part of a broader $6.5...
Chinese-led consortium pulls out of contract to build Cyprus' first natural gas import terminal
NICOSIA, Cyprus (AP) — A Chinese-led consortium on Thursday pulled out of its contract with Cyprus to build the island nation’s first natural gas import terminal over what it says was the Cypriot government’s failure to pay what it owed for work completed this year. The...
Ford to start making F-Series Super Duty pickups at plant in Canada to keep up with demand
DETROIT (AP) — Ford plans to start making its F-Series Super Duty pickups at a plant in Ontario, Canada beginning in 2026 in order to keep up with customer demand for the vehicle. The automaker said Thursday that it plans to invest about $3 billion to expand Super Duty production....
FACT FOCUS: A look at Biden's economic policies related to rising prices
WASHINGTON (AP) — President Joe Biden's economic policies have been slammed by several speakers at the Republican National Convention. But some of the criticism was off base. Here's a look at the facts. ___ North Dakota Gov. Doug Burgum on the economy:...
Biden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflation
WASHINGTON (AP) — President Joe Biden is ready to propose a 5% cap on annual rent increases for tenants of major landlords as he tries to show he's doing something about the high cost of housing, according to a person familiar with the plan. The proposal, to be announced while the...
Massachusetts secures $1 billion in federal funds to help replace Cape Cod bridges
BOSTON (AP) — Massachusetts is making headway on putting together the funding needed to replace two aging bridges that connect Cape Cod to the rest of the state. Gov. Maura Healey announced Friday that the Massachusetts Department of Transportation and U.S. Army Corps of Engineers...
