*Chinese firm said to now have enough cash to pay off $64.5 mln bond. SHANGHAI, July 23- A troubled Chinese construction company avoided a landmark bond default at the last minute on Wednesday, raising enough funds to pay off both principal and interest on a 400 million yuan bond, people directly involved in the matter told Reuters.» Read More
NEW YORK, Feb 18- U.S. homebuilder confidence suffered its largest one-month drop ever in February, hit by this winter's relentlessly severe weather and concerns about the costs of labor and building lots, the National Association of Home Builders said on Tuesday.
South Korean media reported that the heavy snowfall was believed to have resulted in the collapse, but the cause was still being investigated.
CNBC's Jane Wells reports how delays in the expansion of the Panama Canal could benefit West Coast ports.
Ted Knighton, Interstate Hotels & Resorts president & COO, discusses the reality of building in Sochi and provides insight into the challenges hotel operators are facing at the Olympics.
Feb 4- Wal-Mart Stores Inc said on Tuesday it would invest about C $500 million this year to strengthen its presence in Canada, creating more than 7,500 jobs including construction. Wal-Mart's expansion plans comes a week after Target Corp said it would open nine new stores across Canada, adding to the 124 it opened last year.
Feb 4- Wal-Mart Stores Inc said on Tuesday it would invest about $500 million this year to strengthen its presence in Canada, creating more than 7,500 jobs including construction. Wal-Mart's expansion plans comes a week after Target Corp said it would open nine new stores across Canada, adding to the 124 it opened last year.
NEW YORK, Feb 3- U.S. manufacturing activity slowed sharply in January on the back of the biggest drop in new orders in 33 years while construction spending barely rose in December, pointing to some loss of steam in the economy.
CALGARY/ WASHINGTON, Feb 3- Cost overruns, logistical woes and regulatory uncertainty had already cast a shadow over the Canadian crude-by-rail boom even before a long-awaited report last week appeared to give a boost to the oil-train industry's main competitor, the Keystone XL pipeline.
NEW YORK, Feb 3- U.S. manufacturing activity slowed sharply in January on the back of the biggest drop in new orders in years, suggesting the economy had lost steam at the start of 2014.. The Institute for Supply Management said its index of national factory activity fell to 51.3 last month, its lowest level since May 2013, from a recently revised 56.5 in December.
WASHINGTON, Feb 3- U.S. construction spending rose modestly in December to its highest level since March 2009, as a jump in private residential projects offset weakness in the public construction sector. Construction spending was up 0.1 percent to an annual rate of $930.5 billion, the Commerce Department said on Monday.
CALGARY, Alberta, Jan 31- The U.S. State Department is poised to issue an environmental review of the proposed Keystone XL oil pipeline that likely will say the project will not appreciably increase carbon emissions, according to sources.
GoldieBlox founder & CEO Debbie Sterling, provides insight on her toy to inspire women and girl engineers. "The Apprentice" Season 1 winner Bill Rancic, and Brad Smith, Intuit president & CEO, discuss the process to picking Sterling.
TOKYO, Jan 31- Housing starts in Japan rose 18 percent in December from a year earlier, showing strong appetite for property markets before a sales tax hike, government data showed on Friday. Orders received by 50 major construction companies in December rose 4.9 percent from a year earlier, data by the Ministry of Land, Infrastructure and Transport showed.
Jan 30- PulteGroup Inc, the No.2 U.S. homebuilder, reported a 9 percent rise in revenue from home sales as low supply allowed the company to sell houses at higher prices, sending its shares up 5 percent before the bell.
Jan 30- PulteGroup Inc, the No.2 U.S. homebuilder, reported a 9 percent rise in revenue from home sales as low supply allowed the company to sell houses at higher prices. The company's net income jumped to $220.1 million, or 57 cents per share, in the fourth quarter ended Dec. 31 from $58.7 million, or 15 cents per share, a year earlier.
SEOUL, Jan 29- Four of South Korea's 23 nuclear reactors remained offline as the 1,000 megawatt Hanul No.5 reactor was automatically shut early on Wednesday due to a technical glitch. Asia's fourth-largest economy later in the day approved a $7 billion project to build two nuclear plants- Shin Kori No.5 and No.6- as planned.
SEOUL, Jan 29- South Korea approved on Wednesday a $7 billion project to build two nuclear plants, a boost for an industry struggling to emerge from the shadow of Japan's Fukushima disaster and the first approval since a policy review sparked by a safety scandal at domestic reactors.
*Net income jumps 86 pct to $123.2 mln. Jan 28- Homebuilder D.R. Horton Inc's sales pace picked up in January ahead of what it said would be a "very strong" spring selling season as Americans become more comfortable with higher mortgage rates in a stabilizing U.S. economy.
Jan 28- D.R. Horton Inc, the largest U.S. homebuilder, reported a rise in orders for the quarter ended December and said its sales pace picked up this month as stabilizing mortgage rates and signs of an economic recovery spur housing demand.
Jan 28- D.R. Horton Inc, the largest U.S. homebuilder, reported a 4 percent rise in quarterly orders as stabilizing mortgage rates and signs of an economic recovery spur housing demand.