Finance
Finance

Breaking news and in-depth analysis of the government and private construction funding, Public-Private- Partnerships, bank lending, surety guarantees and company finance.

Latest Headlines
10/29/08 This Year's Bad News Gets Worse in 2009

Pessimistic forecast assumes $700-billion financial bailout package will work
10/29/08 Economy's Woes Are Chief Concern Among CEOs, According to New Survey

Industry firms, particularly in infrastructure sectors, may survive the turbulent times ahead by relying on record backlogs and the growing need for their services.
10/29/08 Commercial Building Sector Brings Engineers Most Profit

In a recently released survey of nearly 200 U.S. engineers and surveyors, firms reported highest profits in commercial and institutional building sectors, with transportation and water and wastewater work ranking second and third in profitability, respectively.
More News
10/29/08 Survey Projects Contraction in Local Government IT Budgets
10/15/08 Voters Weigh Billions in Bond Issues
10/15/08 Treasury Puts $250 Billion Into Banks, FDIC Widens Coverage
10/15/08 Utilities Stretch Projects Out In Wake of Credit Crunch
10/15/08 Five Global Development Banks Give Panama Canal $2.3 Billion
10/08/08 Public Works Erode As Debt Market Falters
10/03/08 With Financial Rescue Signed, Contractors Hope for a Revival
10/01/08 Lawmakers Try to Revive Rescue Plan
10/01/08 Credit Crisis Rattles Nonbuilding And Nonresidential Markets
10/01/08 Fluor Wins $1-Billion Contract For Uranium-Enrichment Plant
09/24/08 Steel Price Spike Meets Credit Crunch
09/24/08 3Q Cost Report: Crisis Changes Demand Side of Costs
09/24/08 Prices Slip After Last Spring's Spike
09/24/08 AIG Meltdown Triggers Workers' Comp Fear
09/24/08 Bottlenecks, Labor Shortages and Volatile Prices Produce Sticker Shock
09/24/08 New Index Spotlights Spike in Powerplant Construction Costs
09/24/08 Tight Labor Markets Push Wages Up
09/24/08 Gasping Bank System Puts Credit in Doubt
09/19/08 Feds To Publish Crane Rule Next Month
09/17/08 The Top Green Contractors
09/17/08 The Top 400 Contractors
09/10/08 Canada Caught in Price Spiral
09/10/08 Robert Paulsen Named New President of Key PBSJ Unit
09/03/08 Large Powerplant Contracts Give Construction Stats a Boost
08/22/08 Private Equity Firm To Acquire Contractor Meadow Valley
08/20/08 PCA Predicts More Hard Time
08/20/08 Venezuela Nationalizes Cement
08/20/08 Out of This Year’s Deadly Accidents, A Critical Mass Is Building
08/20/08 Credit Crunch Sours Vegas Construction
08/14/08 Army Corps Appeals to Industry For Input On Delivery Of $500 Million + Project
08/13/08 Bank Forces Foreclosure on Vegas Job, but Keeps Construction Going
08/13/08 Next Storm-Surge-Defense Project May Be Largest Yet
08/13/08 NIST Unveils Productivity Research Effort at CII Event
08/11/08 Bay State Authorizes Billions in New Construction
08/06/08 Ex-Tishman Manager Pleads Guilty To Embezzling $2.8 Million
08/06/08 Feds Drop Charges Against Schiavone Manager
08/06/08 Six Industry Execs Die in Plane Crash
08/06/08 Money Crunch Hits Las Vegas As Megaresort Work Stops
08/06/08 Lawmakers Press KBR, DOD About Electrocution Deaths
08/06/08 Alaska Faces Funding Worries As Ted Stevens Fights Charges
07/30/08 Iraq Reconstruction Shifts Gears, Inspector General Reports
07/30/08 Housing Bust Muffles Florida's Boom
07/30/08 Lawsuit Pegs Bridge's Premium At $71 Million, Seeks Refund
07/30/08 House Bill Would Boost Bridge Aid
07/24/08 Skanska Puts Williamson in Charge Of Operations in the United Kingdom
07/23/08 Safety-Culture Clash Meant 13 Workers Never Got To Go Home
07/23/08 Senate Democrats Gather Testimony on Electrocutions in Iraq
07/23/08 Depressed Housing Market Pulls Down Construction Industry
07/16/08 Chinese Manufacturers Make Another Big Investment
07/16/08 Global Demand Calls The Shots As Domestic Rebar Prices Soar
07/09/08 Housing Depression Drops Total Construction Starts by 14%
07/09/08 Justice Dept. Proposes Changes in Disabilities Act Rules
07/09/08 U.S. Navy About To Pump Up Guam Megabuild Contracting
07/09/08 Insurers Worry About Green-Building Risks
07/09/08 Australian Highway Job Is Signed, Sealed, Delivered
07/02/08 WTC Schedules, Costs in Shambles
07/02/08 Industry Is Setting the Stage For BIM Collaboration
07/02/08 Program Graduates First Credentialed Infrastructure Inspectors
07/02/08 Supreme Court Session Had Few Construction Cases
07/02/08 Who's on A-List for Collaboration?
06/30/08 War Funding Bill Provides $11 Billion for Building
06/27/08 Insider Nominated to Lead Federal Buildings Agency
06/25/08 U.S. Files Charges Against Ailing Modern Continental
06/25/08 Economy Derailing School Building Market
06/25/08 Shaw Sheds Transmission Unit To Push Powerplant Building
06/25/08 Record-High Commodity Prices Create Wave of Jobsite Thefts
06/20/08 Shaw Sells Power Line Business to Pike Electric
06/20/08 House Passes Spending Package With $11 Billion for Construction
06/18/08 Caterpillar Exits Engine Business, Enters Work-Truck Market
06/18/08 Owners and Contractors Push To Work Through Uncertainties
06/18/08 Commercial Markets Start To Feel the Credit Crunch
06/17/08 Roger Staubach Scores Touchdown With Real Estate Firm's Sale
06/16/08 Proposed Worker Verification Mandate Would Have Broad Reach
06/16/08 Caterpillar Construction Trucks Coming in 2010
06/11/08 Aviation Industry Meets To Look For Solutions to the Fuel Crisis
06/11/08 No Longer a Fad, Green Hits Mainstream
06/11/08 2Q Cost Report: Inflation's One-Two Punch
06/11/08 Wall Street Eyes Infrastructure As New Investment Cash Cow
06/09/08 Bush Signs SAFETEA-LU Bill, with Corrections
06/04/08 Innovation Obsession Makes Mortenson The Heartland Heavyweight
06/04/08 The Top 100/Project Delivery: Overview
06/04/08 The 08 Top 100 Design-Build Firms
06/04/08 The 08 Top 100 CM-for-Fee Firms
06/04/08 The 08 Top 100 CM-at-Risk Firms
05/30/08 URS' Washington Group Wins Huge Nuke Waste Job
05/28/08 Spending Bills Clear Senate
05/28/08 Luxury Building Boom Slows Under Tightening Credit Woes
05/28/08 Job Collaboration Raises Many Issues
05/23/08 Senate Approves War Funding, $10 Billion for Construction
05/21/08 Stantec Going Underground In Push for New Acquisitions
05/20/08 Toyota Slows Production, But No Brakes on Miss. Plant
05/16/08 Supplemental Bills Advance In House and Senate
05/16/08 Trade Group Predicts Fall For Portland Cement Use
05/16/08 Trade Group Predicts Fall For Portland Cement Use
05/15/08 Designer-Led Teams Lose Out On Nashville Programming
05/15/08 AIA Issues New Docs For Integrated Delivery
05/14/08 Schiavone Owners in Legal Battle Over Firm's Sale
05/14/08 Buyout Ends Era at Privately Held BE&K, Giving KBR More Market Presence
05/14/08 Oil Companies Agree To $422-Million Deal
05/14/08 The Top 400 Contractors: Markets Show Signs of Slowing Down
05/07/08 Buyout of BE&K Gives KBR New Construction 'Presence'
05/07/08 Perini's Band Notes Concern As New Vegas Accident Hits
05/07/08 Iraqi Plant Is World-Class But Barely Producing
05/07/08 Construction Contractors Follow Defense Peers in Ethics Push
05/07/08 New Bovis CEO: Strategic Shift?
05/01/08 Bovis Lend Lease Replaces Marchetto
04/30/08 Projects Move With Fresh Funds
04/30/08 Deal Creates Second Biggest in Bonds
04/30/08 Investor Takes On Insituform Leaders
04/30/08 Crane Failures Have Industry Looking at Hazards Under the Hook
04/25/08 New P3 Bill Comes Up In California Assembly This Week
04/25/08 Hedge Fund Seeks to Take Control of Insituform
04/23/08 Construction Takes Another Hit
04/23/08 Fluor, KBR Win Protest-Delayed Army Logistics Support Award
04/23/08 Britain Claims Bids Were Rigged
04/21/08 England Accuses Contractors In Illegal Price Schemes
04/18/08 Protest Gains No Ground As Army Awards Support Jobs
04/16/08 In Perini/Tutor-Saliba Merger, Ronald Tutor Is Centerpiece
04/16/08 Steel Group Up in Arms Over Green Building Standard Draft
04/11/08 Prosecutors Charge Leaders Of Western N.Y. Locals
04/09/08 London Lets Key Awards
04/09/08 The Top 500 Design Firms: Watching for Signs of a Market Slowdown
04/09/08 Study of Design Fees Indicates Project Type Doesn't Matter
04/09/08 Surging Baby-Boomer Market Keeps Some Builders Afloat
04/09/08 Twin Plane Crashes at Firm Focus Attention on Policies
04/02/08 DHS Waives Enviro Laws To Speed Fence Construction
04/02/08 ASCE Has Independent Panel Examining Its Study Practices
04/02/08 Army's BIM Approach Worries Industry Firms
03/31/08 Developer Defends Design Of Meadowlands Xanadu Project
03/27/08 With CFO Still Missing, Contractor Restates Profits
03/19/08 Tennessee Tightens Belt, Squeezes School Construction
03/19/08 Contractor's CFO Disappears During Co-Owner's Queries
03/19/08 LeTourneau's Electric Legacy Haunts Las Vegas Mega-Show
03/19/08 Seattle Contractors Struggle To Cope With Cost Escalation that Adds Risk
03/19/08 What Drives ENR's Cost Indexes
03/19/08 Collective Bargaining Is Producing Biggest Wage-Fringe Hikes in Decades
03/19/08 Energy Costs Keep Inflation Rolling
03/19/08 Stagflation Threatens Construction As High Prices Stare Down Recession
03/13/08 Laborers' Rejoin Building Trades After Two-Year Absence
03/12/08 Pennsylvania Will Seek Private Investment Opportunities
03/12/08 e-Procurement Process Delivers Best Value For Kodak
03/12/08 Design Issues Force Repairs To Big Alaska Air Base Hangars
03/12/08 Midwest Contractors Fight Discrimination Charges
03/05/08 Las Vegas' Machinery Addiction Rises To Heavy Metal Fever
03/05/08 Fluor Posts Record Results Despite Spending Jitters
03/05/08 Florida Accepts Unsolicited Private Proposal for Route 1
02/29/08 Troubled Baghdad Project Still Facing Problems
02/29/08 Fluor Profits Up Sharply And Backlog Is Holding
02/27/08 Gilbane and N.J. Part Over Projects
02/27/08 Skanska's New Swedish CEO Is Energized by Stint in U.S.
02/26/08 Bush Cool Towards Governors' Aid Request
02/20/08 Consumer Inflation Picks Up
02/20/08 Green Construction May Help Builders Overcome the Blues
02/20/08 Survey Suppliers Combine Forces
02/20/08 The Crew
02/20/08 How Cold Is It?
02/20/08 Wright Fit: Master Blaster Back in Class
02/20/08 Four-Year Effort Succeeds in Establishing Land Route To South Pole
02/13/08 Reports Record Losses for Year
02/13/08 Industry Managers Caught In New York-Area Crackdown
02/13/08 Stimulus Bill: No Public Works Aid
02/13/08 Skanska's Numbers Defy Global Woes
02/13/08 Building Pace Heats Up Alaska's Bases
02/13/08 DOD and Industry's Big Mission Ahead: Advancing Operation Buildup
02/12/08 AECOM Plans to Buy Earth Tech, Boyle Engineering
02/08/08 Feds Indict Schiavone Employee in Anti-Racketeering Sweep
02/08/08 Stimulus Bill Approved, But No Public Works Spending
02/08/08 Former Earth Tech CEO Sells Her Startup Firm
02/07/08 Skanska Builds Backlog, Designates New Leader
02/06/08 Housing Crisis Leaves Its Mark On 2007 Construction Market
02/06/08 Caterpillar Buys Chinese Firm
02/06/08 Florida's Property-Tax Vote Has Industrywide Implications
02/06/08 New Owner Pushes Change For Scandal-Plagued Veco
02/06/08 Flood-Damage Suit Dismissed
02/06/08 Bush Proposal Roughs Up Construction Funds
01/30/08 Bechtel/PB Pays Millions for CA/T Errors
01/30/08 Bid Protest Halts Fluor at DOE Site
01/30/08 Ten Minutes with Ross Grieve, CEO of PCL Construction Group
01/30/08 If The Buildings Sector Slows, PCL Has Oil in the Backyard
01/25/08 Deal Reached on Economic Stimulus Plan
01/23/08 Bechtel, PB and Subs Sign $458-Million Big Dig Settlement
01/23/08 Slump Hits Concrete Construction
01/23/08 Credit Market Crisis Snags Vegas Resort
01/18/08 Public Works Absent from Bush Stimulus Outline
01/16/08 Bovis' New York Jobs Face Challenges
01/14/08 New Subcontractor May Not End Deutsche Bank Woes
01/11/08 Steelflation Grips U.S. As Flat-Rolled Prices Jump
01/09/08 Non-Housing Markets Slow in '08 But Firm Earnings Will Still Grow
01/09/08 State Dept. Taps Old Hand To Head Embassy Program
01/09/08 Federal Regulators Detail United Rentals Fraud Scheme
01/07/08 Maj. Gen. Don Riley Named New Deputy Chief of Corps
01/03/08 Federal Contractors Must Have Ethics Program Under Rule
01/03/08 Manhattan Pipe-Burst Report Spurs Changes
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