Latest Construction and engineering News
Tanzanian government says rescue efforts will continue at collapsed building where 13 died
DAR ES SALAAM, Tanzania (AP) — Rescue efforts continued for a third day Monday after a building collapsed and killed at least 13 people in Tanzania’s commercial capital, with the government saying it will push on until all those trapped inside are saved. The number of people...
A $1 billion proposal is the latest plan to refurbish and save the iconic Houston Astrodome
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
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
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
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
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...
