Finance

RSS

Jacobs says planned spinoff continues of its Critical Mission Solutions business, which employs 16,000 of its 60,000 employees, but KBR said on Aug. 21 that a rumored purchase "does not align with ... its capital deployment and strategic priorities and thus is not being pursued.”

Report by transportation trade group ARTBA says the number of deficient bridges declined by 560, or 1.3%, over the past year.

Nonresidential construction input prices remain high compared to the start of the COVID-19 pandemic.

The Commerce Dept. has received hundreds of statements of interest for CHIPS and Science Act funds for chip plant construction.

Distinct geopolitical challenges frequently are the major force behind revenue changes for the Top 225 International Design Firms.

Federal Reserve needs to start cutting interest rates, but that won't happen "until some point next year,” economist Anirban Basu told an industry webinar on July 26,

Infrastructure Act mandated setting up vehicle-miles-traveled advisory panel by late March 2022.

A wide gap between House and Senate committees' DOT 2024 appropriations bills shows contrast in transportation spending priorities.

In terminating the 1.8-GW Norfolk Boreas project, Sweden-based Vattenfall AB said it is writing off $530 million in costs and termination fees.

Fixed price award for Brownsville, Texas gas export plant first phase follows developer NextDecade's final investment decision and what it says is a record $18.4B financing for three-train facility to produce 17.6M tons annually.