With its workforce now peaking at around 30,000, the U.K.'s London-Birmingham 140-mile HS2 high speed railroad is shifting into the fit-out stage with more than $6 billion of track and system work being readied for procurement.
Former Chicago Alderman Ed Burke, 79, faces a minimum of 30 years in prison after being convicted of bribery of developers and racketeering conspiracy.
Developer, using Iron-air technology instead of lithium-ion for long-duration storage, will build first state facility at PG&E plant site—as U.S. battery installation set new records in the third quarter and is set to in 2024.
On-the-job fatality rate rose by 11% in 2022 for construction and extraction workers, the second highest of all industries, according to the federal Bureau of Labor Statistics.
The coming year presents a complex landscape for the construction industry. Cost, risk and growth will be impacted by geopolitical turmoil, inflation and increased regulatory complexity.