Thu September 03, 2015
US Construction Spending Reaches Highest Level in 7 Years
WASHINGTON (AP) - U.S. construction spending in July climbed to its highest level in more than seven years, boosted by an increase in the building of houses, factories and power plants. The Commerce Department said Tuesday that construction spending rose 0.7 percent to a seasonally adjusted annual rate of $1.08 trillion, the highest level since May 2008....
Giles Lambertson - Mon September 07, 2015
Iran Agreement Sparks Deals —at What Cost to Rest of Us?
Sometimes dollar signs float in front of the eyes of businesspeople and impair their broader view of a transaction. That is happening now as U.S. and Western equipment manufacturers think about the money to be made in Iran....
Mon August 31, 2015
U.S. Steel to Close Fairfield Works Mill, Affecting 1,100 Jobs
FAIRFIELD, Ala. (AP) U.S. Steel Corp. said Aug. 17 that it will close its Fairfield Works mill, one of the largest remaining pieces from Birmingham’s years as a Southern steel-making giant. The decision will affect about 1,100 workers at the roughly century-old plant, company spokeswoman Sarah Cassella said....
Erik Schelzig - ASSOCIATED PRESS - Mon August 31, 2015
Tenn. Considers Investing in Transportation Jobs
NASHVILLE, Tenn. (AP) Gov. Bill Haslam sees widespread agreement about Tennessee’s need to spend more on transportation projects. But there’s little consensus on what to do about it, said the Republican governor who has been traveling the state to hold discussions about what he calls a $6 billion backlog in transportation projects....
Seanna Adcox - ASSOCIATED PRESS - Mon August 31, 2015
SCDOT Adopts New Rule Limiting Ex-Employees
COLUMBIA, S.C. (AP) To combat the perception that contractors who hire former Department of Transportation employees get an advantage in winning contracts, the SCDOT is adopting a new rule limiting what those ex-employees can do, the state agency’s acting secretary said....
Grant Schulte - ASSOCIATED PRESS - Fri August 28, 2015
Ricketts Unveils Plan to Generate Additional $3M for Roads
LINCOLN, Neb. (AP) Nebraska counties and midsize cities are expected to receive an extra $3 million each year for street and bridge work under changes unveiled Aug. 11 by Gov. Pete Ricketts. Ricketts said the state will increase the money it gives to cities and counties through a program that allows them to swap federal dollars for state money to complete local projects....
David Eggert - ASSOCIATED PRESS - Fri August 28, 2015
No Roads Deal in Michigan Due to Clash Over Shifting Funds
LANSING, Mich. (AP) Michigan’s deteriorating roads will not be fixed anytime soon unless Gov. Rick Snyder and lawmakers resolve a major sticking point at the Capitol: how much money to permanently shift from other spending to the transportation budget....
Ben Jacobson - TELEGRAPH HERALD - Fri August 28, 2015
Officials Expect New Dam to Finish This Fall
DELHI, Iowa (AP) Todd Gifford didn’t have long to enjoy the perks of being a lakeside property owner. Shortly after he purchased a home near Lake Delhi, it began to rain. Though the inclement weather passed relatively quickly, roiling, raging stormwaters punched through an earthen dam wall....
Wed August 26, 2015
China’s Pains Become America’s Strains
HARTFORD, Conn. (AP) - As China’s economy has grown and skyscrapers have sprouted in cities extending ever westward from its coast, Otis Elevator Co. went along for the ride. But with China now in a slump and the value of its currency the most recent casualty, Otis and other manufacturing companies staking much on Asia’s biggest economy now face a moment of reckoning....
David Klepper - ASSOCIATED PRESS - Tue August 25, 2015
NY’s Cuomo Reluctant to Dig Deep for New Hudson Rail
ALBANY, N.Y. (AP) He committed billions of dollars to overhaul LaGuardia Airport and build a new Tappan Zee Bridge — but New York Gov. Andrew Cuomo has taken a wary approach to building a new Hudson River rail tunnel, even though the stakes could be even higher for the state and the nation....
