Alan Krause is named executive vice president of Canada-based design firm Stantec Inc., following the May 6 closing of its $795- million acquisition of engineer-constructor MWH Global, of which he was chairman and CEO.

The U.S. House of Representatives edged U.S. flood insurance policy—and with it, risk financing needed to rebuild after losses from flooding—closer to rationality with a unanimous vote April 28.

Electricity-sector gap pegged at $212 billion over next decade; water-wastewater gap estimated at $113 billion.

Maglev technologies require much less maintenance than their more popular alternatives. Maglev propulsion is free from vehicle on track friction, so it avoids the financial burden of a “speed/maintenance penalty,” which increases with vehicle speed. 

Decision is the first under 2014 law allowing weak multiemployer plans to apply to reduce members' benefits.