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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: construction

construction stories: 57 news summaries

1 - 20 of 57 Stories | 1 2 3 Next >>

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(Newser) - An unexpected hiccup means the San Francisco-Oakland Bay Bridge will remain closed through tomorrow—and a potential nightmare commute for the 260,000 who use the span daily, the Contra Costa Times reports. The bridge was closed Thursday night so workers could replace a 300-foot section, but during the project... More »

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San Francisco • subway • construction • commute • Oakland • delay • repair • San Francisco Oakland Bay Bridge • ferry

(Newser) - Four years after Katrina, the rebuilding of New Orleans is becoming an exercise in environmentally friendly reconstruction, Bryan Walsh writes in Time. Global Green USA, the American arm of a group founded by Mikhail Gorbachev, is leading the pack by building a sustainable village in the city's Lower Ninth... More »

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Hurricane Katrina • New Orleans • green building • construction • reconstruction • housing industry • rebuilding • Global Green USA

 Battle Heats Up Over 
 Green Building Codes  

Better construction seen as best chance of saving energy

Jul 18, 09 7:44 AM CDT
(Newser) - Authorities are trying to hammer together tighter nationwide building codes to save energy and combat climate change, the New York Times reports. Experts say requiring buildings to be more efficient will do more to save energy than any other single policy move, but codes remain weak to nonexistent across half... More »

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climate change • environment • construction • home builders • building inspections • energy efficiency

MARKETS

 Dow Ends Solid Week Up 32 

Indices all up at least 7% for the week

Jul 17, 09 3:17 PM CDT
(Newser) - Stocks were generally flat today as investors stepped back from a 4-day rally. IBM boosted the Dow, rising 4.3% after reporting strong quarterly profits, the Wall Street Journal reports. GE and Bank of America both trended lower after reporting declining earnings. Housing data showed home construction rose in June,... More »

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Bank of America • Dow Jones • construction • General Electric • IBM • housing • Nasdaq • S&P 500

 At Last, Endeavour Reaches ISS 

Shuttle arrives nearly a month late for construction mission

Jul 17, 09 1:58 PM CDT
(Newser) - Space shuttle Endeavour docked today at the International Space Station, an important milestone in its oft-delayed mission, Space.com reports. The crew is scheduled to board the ISS later today. When the Endeavour's seven astronauts climb on, they will push the station's total population to a record-high 13. More »

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NASA • space exploration • construction • astronauts • space shuttle • International Space Station • Endeavour • Kibo • Space Shuttle Endeavour • laboratory • Mark Polansky

 S. African 
 World Cup 
 Laborers 
 End Strike 

Workers building new stadiums negotiate 12% pay raise

Jul 15, 09 2:09 PM CDT
(Newser) - South African construction workers tasked with building facilities for the 2010 World Cup today called off their week-long strike after 15 hours, clearing a major obstacle in the country’s preparations to host to the world’s most watched sports competition, AFP reports. Construction firms agreed to give the roughly... More »

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World Cup • construction • South Africa • strike • stadium • FIFA • 2010 World Cup • raise

Calif. Program Trains 'Green Collar' Workers 

Pioneering initiative's grads tackle both pollution and poverty

Jun 23, 09 12:12 PM CDT
(Newser) - The first waves of graduates from California's pioneering "green collar" training program are ready to put their new skills to work reducing the state's carbon footprint, the San Francisco Chronicle reports. The trainees, including ex-cons and low-income residents, have finished an extensive course in construction skills to equip them... More »

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environment • California • construction • green jobs • job training

9/11 Memorial Exec Quits Amid Criminal Probe

Contractor under investigation for overbilling at NYC projects

Jun 16, 09 5:03 AM CDT
(Newser) - The construction executive in charge of the 9/11Memorial and other major New York City projects abruptly resigned yesterday amid a federal criminal probe into padded bills, the New York Daily News reports. James Abadie's employer, Bovis Lend Lease, is being investigated over allegations it inflated overtime bills on projects, including... More »

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New York City • construction • World Trade Center memorial • 9/11 attacks • James Abadie

MARKETS

 Dow Worries Its Way Down 130 


May 21, 09 3:13 PM CDT
(Newser) - Markets were off today on news that credit raters might downgrade England and other countries, the Wall Street Journal reports. Though oil remained stable, the stocks of construction-related firms like Home Depot, Caterpillar, and Alcoa plunged; the price of gold surged. The Dow was off 129.91 to 8,292.... More »

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stock market • NASDAQ • Dow Jones • construction • England • Standard and Poor • S&P 500 • housing sector • credit rating

MARKETS

 Housing Data Put Dow Off 29 


May 19, 09 3:12 PM CDT
(Newser) - Yesterday’s housing-fueled rally didn’t carry over into today’s session, the Wall Street Journal reports, in part because of poor indicators from that same industry. April saw a 12.8% reduction in buildings starting construction; Home Depot dropped 5%. Still, a metric of investor anxiety today fell to... More »

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NASDAQ • New York Stock Exchange • Dow Jones • construction • Home Depot • S&P 500 • housing sector • investor confidence

MARKETS

 Dow Rallies on Housing; Up 214 

Financials and materials firms gain on construction spending, existing home sales

May 4, 09 3:17 PM CDT
(Newser) - Stocks rallied today on positive economic news, with the S&P 500 surpassing the psychologically significant 900 mark, the Wall Street Journal reports. Surges in construction spending and existing-home sales fueled investor optimism, with financials and materials firms pacing advances. The Dow rose 214.33 to close at 8,426.... More »

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Dow Jones • Alcoa • construction • Nasdaq • US Steel • existing home sales • S&P 500 • financial stocks

 US Benefits From 
 China Stimulus 

Construction in China boosts US business, from steel to fried chicken

Apr 30, 09 9:29 AM CDT
(Newser) - While Americans await the fruits of their $787 billion bailout, China is moving ahead with public-works projects at a staggering pace, pumping up its own economy as well as America’s, the Wall Street Journal reports. US industrial-equipment makers, struggling with effectively zero domestic growth, are back near record levels... More »

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China • Pizza Hut • construction • United States • recession • steel • KFC • economic stimulus package • financial crisis

 Men Hit With 80% of US Layoffs 

The gap between male and female unemployment is the widest on record

Apr 20, 09 10:33 AM CDT
(Newser) - Of the 5.1 million US jobs that have evaporated since the recession began, men have lost nearly 80% of them, the Financial Times reports, resulting in the widest gap between unemployment rates for men and women since recordkeeping began a half-century ago. Layoffs have nudged the male unemployment rate... More »

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education • construction • unemployment • female • male • manufacturing • financial crisis

 New Home 
 Construction 
 Down 11% in March 

Slow pace projects that market dive hasn't run its course

Apr 16, 09 9:12 AM CDT
(AP) - Housing construction plunged to the second-lowest level on record last month, providing a sobering sign that the worst housing slump in decades has not ended. Construction of new homes dropped by nearly 11% , the second-lowest construction pace in records that go back 50 years. The decline was worse than economists... More »

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housing market • construction • recession • housing starts • economy • financial crisis

 Quake City in Italy 
 Begins Construction Probe  

Rescuers find pillars made of sand

Apr 11, 09 1:22 PM CDT
(Newser) - Reeling from the loss of 293 people and counting from this week's earthquake, officials in Italy's regional capital L'Aquila are investigating whether shoddy construction exacerbated the disaster, reports BBC. The probe is expected to focus on modern structures that rose after stringent safety standards were enacted. Rescuers have reported that... More »

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investigation • Italy • construction • earthquake • L'Aquila

Contractors Bid Hot and Heavy for 'Shovel-Ready' Jobs

States saving big time in fight for contracts

Apr 8, 09 9:11 AM CDT
(Newser) - Contractors are scrambling to get in line for stimulus-funded "shovel-ready" jobs, reports the Washington Post, and states are finding their stimulus dollars are going a lot further than expected as a result. Companies that were building subdivisions not so long ago are now competing for government jobs and... More »

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construction • recession • infrastructure • economic stimulus package

(Newser) - Lawyers for Michael Vick say the incarcerated football player “is going to turn a new leaf,” the Atlanta Journal-Constitution reports. In bankruptcy court in Virginia today, one of Vick’s attorneys said the convicted dogfighter has a $10-an-hour construction job lined up for him when he gets... More »

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NFL • Atlanta Falcons • prison • Michael Vick • bankruptcy • construction • dogfighting • court appearance

Stimulus Flows Into Patchwork of Road Projects

Thousands of small p

Mar 4, 09 8:13 AM CST
(Newser) - Although the stimulus package that Barack Obama signed last month contains eye-watering sums, the earliest projects out of the gate are far from monumental: widening a highway in Kansas, resurfacing some roads in Missouri. More than a dozen states have announced their plans to spend their share of the $50... More »

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construction • transportation • infrastructure • highways • economic stimulus package • state governments • financial crisis

 Ashton Rails 
 on 'Jackass' 
 Neighbor, 
 Apologizes 

Actor later apologizes for rant

Jan 30, 09 9:29 AM CST
(Newser) - Ashton Kutcher has apologized after lashing into his neighbor with a profanity-laced online video, the Huffington Post reports. The actor vented after his "jackass" neighbor dared to start noisy construction on his house at 7am (which is perfectly legal in LA). After the neighbor shot back, calling Ashton “... More »

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construction • online videos • video • celebrity • Ashton Kutcher • Demi Moore • Twitter • rants

 Caterpillar to Slash 20K Jobs 

Don't they know Obama wants to heap money on infrastructure?

Jan 26, 09 7:50 AM CST
(Newser) - Caterpillar Inc will cut 20,000 jobs—or 18% of its workforce—after posting a 32% drop in fourth-quarter income, the Wall Street Journal reports. “We were whipsawed in the fourth quarter,” said CEO Jim Owens. “Key industries were hit by a rapidly deteriorating global economy.”... More »

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layoffs • construction • earnings reports • unemployment • Caterpillar • corporate earnings • infrastructure • job cuts • financial crisis

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