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July 25, 2008 6:09:20 PM CDT

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Stories related to: construction

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  • June 2008

    • Dubai High Rise Would Add Novel Twists

      newser  |  Associated Press  |  Jun 26, 08 3:51 PM CDT

      Dubai High Rise Would Add Novel Twists

      If heights make your head spin, a planned 80-story tower in Dubai might not be the place for you. Set to be the "world's first building in motion," David Fisher's design features doughnut-shape floors that rotate 360 degrees around a fixed cement core, the AP reports. It would be the first skyscraper for a relative unknown prepared to "revolutionize the way buildings are made." More »

    • NYC Crane Inspector Booked for Corruption

      newser  |  New York Daily News  |  Jun 6, 08 8:17 PM CDT

      NYC Crane Inspector Booked for Corruption

      New York cops collared the city’s chief crane inspector on corruption charges today, but officials see no link to last week's fatal crane collapse. James Delayo, a 26-year Buildings Department veteran, is accused of taking money to issue fake crane appraisals and supplying cheat sheets for a city exam, the New York Daily News reports. More »

      Tags

      New York City  • crime  • construction  • crane accident  • construction crane  • building inspections  • Building Department

    • Chinese Police Drag Parents From Protest

      newser  |  Associated Press  |  Jun 3, 08 8:11 AM CDT

      Chinese Police Drag Parents From Protest

      Chinese police cracked down on parents protesting today over poorly-constructed schools they say killed their children in last month’s earthquake, the AP reports. Protesters had been chanting “we want to sue” before police dragged them down the street away from a courthouse, with some yelling for an explanation. The protest occurred as a top Chinese official toured the city. More »

      Tags

      China  • protests  • earthquake  • police  • school  • construction

  • May 2008

    • Poorly Built Schools Stood No Chance in Earthquake

      newser  |  New York Times  |  May 25, 08 9:56 AM CDT

      Poorly Built Schools Stood No Chance in Earthquake

      As a massive earthquake shook Sichuan province, subpar construction turned many Chinese schoolrooms into the mass graves of as many as 10,000 children, the New York Times reports, and grieving parents are pointing fingers at Beijing. The government, aware of the problem, had issued warnings on school safety in the years before the quake—but in many cases, the shoddy buildings remained. “This is not a natural disaster,” said one parent. “They stole our children.” More »

      Tags

      China  • children  • earthquake  • natural disaster  • student  • school  • Sichuan province  • construction  • building

    • Bereaved Parents Question Quake School Safety

      newser  |  Washington Post  |  May 23, 08 1:33 PM CDT

      Bereaved Parents Question Quake School Safety

      Nearly 7,000 schools were destroyed in the Chinese earthquake, and parents want answers. In particular, they want to know why so many nearby government buildings survived while schoolchildren died, the Washington Post reports. “This building is totally a ‘bad tofu’ project,” said one grieving mother. “We feel it is wrong for kids to die this way.” More »

      Tags

      China  • earthquake  • China earthquake  • school  • construction

    • College Grads Learn the Fourth 'R': Recession

      newser  |  Christian Science Monitor  |  May 4, 08 7:55 PM CDT

      College Grads Learn the Fourth 'R': Recession

      If college grads are looking glum this year, it's likely because they face a tighter job market once they turn their tassels. More than one million grads will look harder to find work, the Christian Science Monitor reports, and job growth has hit a 5-year low. Companies "are just being a lot more cautious," one analyst said. "It's just starting to hit the college market." More »

      Tags

      finance  • construction  • salary  • job market  • college graduates

  • April 2008

    • Housing Starts Hit 17-Year Low

      newser  |  Bloomberg  |  Apr 16, 08 8:45 AM CDT

      Housing Starts Hit 17-Year Low

      Foreclosures and a glut of unsold homes flooding the market were blamed for an 11.9% drop in new housing starts last month, more than twice the slide economists had predicted, reports Bloomberg. Starts are at the lowest level since March 1991, according to the Commerce Department, casting a pall over hope for a rapid economic recovery. "Home construction is probably going to continue to fall right through this year,'' says one economist. More »

      Tags

      housing market  • subprime crisis  • foreclosure  • construction  • Commerce Department  • new construction

  • March 2008
  • February 2008

    • Dour Housing Market Slams Home Depot Q4 Results

      newser  |  Wall Street Journal  |  Feb 26, 08 8:23 AM CST

      Dour Housing Market Slams Home Depot Q4 Results

      Continuing US housing market woes, showing no signs of letting up, helped drag Home Depot’s fourth quarter profits down 27% over the same quarter last year, to $671 million from $925 million. The world’s largest home-improvement retailer also predicted fiscal-year earnings will drop 19% to 24%, more than twice the decline analysts had expected, the Wall Street Journal reports. More »

      Tags

      housing market  • housing crisis  • retail sales  • corporate earnings  • construction  • Home Depot  • Robert Nardelli  • home improvement  • Lowe's

    • Obama Debuts $210B Jobs Plan

      newser  |  Associated Press  |  Feb 13, 08 5:20 PM CST

      Obama Debuts $210B Jobs Plan

      Democrat Barack Obama today laid out a $210 billion plan to create 2 million environmental and construction jobs over 10 years. “This agenda is paid for,” the Illinois senator said at a General Motors plant in Wisconsin, adding that the money would come from ending the Iraq war, cutting corporate tax breaks, taxing carbon pollution, and hiking taxes on the wealthy. More »

      Tags

      Barack Obama  • Iraq war  • climate change  • General Motors  • Detroit  • construction

    • Recession Fears Mount as Jobs Drop Unexpectedly

      newser  |  Wall Street Journal  |  Feb 1, 08 9:27 AM CST

      Recession Fears Mount as Jobs Drop Unexpectedly

      Nonfarm payrolls declined 17,000 in January, the first monthly loss of US jobs since August 2003. The surprising loss—in manufacturing, construction, financials, and government—seems to vindicate aggressive action by the Fed, the Wall Street Journal reports. The number, which had been expected to climb by 75,000 jobs, raised both recession worries and hopes for yet another Fed rate cut. More »

      Tags

      Federal Reserve  • unemployment  • manufacturing  • construction  • payrolls

  • January 2008

    • Big Dig's Big Mess Nets Big Settlement

      newser  |  Boston Herald  |  Jan 23, 08 6:34 PM CST

      Big Dig's Big Mess Nets Big Settlement

      Contractors on the botched Boston construction project dubbed the Big Dig will pay state and federal authorities $458 million for its “gross failures.” But Bechtel/Parsons Brinckerhoff will avoid criminal charges for a fatal 2006 ceiling collapse and won’t be banned from future government contracts, the Boston Herald reports. Massachusetts attorney general Martha Coakley called it “the best possible solution.” More »

      Tags

      Boston  • Massachusetts  • construction  • contractors  • Deval Patrick  • Big Dig

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