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Senate Environment and Public Works Committee sets May 26 for vote on bill.

Revised Biden proposal trims price tag to $1.7 trillion from initial $2.25 trillion.

Senate Republicans' new legislation could come this week.

Despite concerns about a hike in materials costs, worldwide construction markets report a growing recovery.

Brokers report increases in major coverage types, with highest in excess and umbrellas.

Troy Rudd, company chief executive officer, noted the uneven pace of economic recovery.

Two U.S. senators seek details on what they call a "stalled" investigation into equipment maker's tax practices and what role, if any, Trump's attorney general played.