News - Articles - Page 796 | Engineering News-Record

Finance

How Costly Projects Are Forcing CH2M to Weigh a Buyout

Much damage was done by a couple of fixed-price contracts

Richard Korman

Debra K. Rubin

July 26, 2017

No Comments

The firm is reported to be in advanced talks with Jacobs for $1.5B takeover

Legal

Ex-Corps Worker Pleads Guilty to Bribery on Afghan Contract

Tom Ichniowski

July 26, 2017

No Comments

Former contracting officer admits seeking and receiving $320,000 in bribes from Afghan firm.

DHS, Labor Dept. Boost H-2B Visa Total for 2017

July 26, 2017

No Comments

The federal government has raised the limit on visas for temporary or seasonal workers in nonagricultural industries by as many as 15,000, or 23%, but employers seeking them must state, under penalty of perjury, that their businesses are “likely to suffer irreparable harm” without the new workers.

Taiwanese Rebar Hit With Up to 32% Anti-Dumping Duties

Jeff Yoders

July 24, 2017

No Comments

The Commerce Dept. announced July 21 that an investigation has found steel concrete reinforcing bar from Taiwan is being sold in the U.S. market at unfair, below-market prices.

Executive News

Executive News: Hatch Names NYC Subway Veteran To Boost US Footprint

Debra K. Rubin

July 23, 2017

No Comments

Transport firm HW Lochner elevates Jeanne Cormier to CEO; Purdue Engineering taps Princeton innovator as its new dean.

Finance

Is Jacobs Close to a Deal to Buy CH2M?

Analysts size up potential for huge construction and engineering acquisition

ENR Editors

July 20, 2017

No Comments

The U.S. giants did not comment on acquisition talks in reports by the Times of London and Bloomberg.

Court Ruling Revives Maryland Light Rail Line

Jim Parsons

July 20, 2017

No Comments

Three-judge panel ruling, which allows construction of $5.6-billion Purple Line to restart, was close to an Aug. 1 state deadline to decide the project's future.

Infrastructure Finance