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Construction and Engineering

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  • Hotel construction challenges at Sochi     Monday, 10 Feb 2014 | 11:21 AM ET

    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.

  • The 'next Cabbage Patch'     Friday, 31 Jan 2014 | 7:54 AM ET

    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.

  • Japan Dec housing starts up 18 pct yr/yr Friday, 31 Jan 2014 | 12:03 AM ET

    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.

  • Olympics: Going for the gold, spending in the red Sunday, 10 Nov 2013 | 11:00 AM ET
    Bolshoy Ice Dome and other Sochi Olympic venues under construction in August 2013

    The Olympics in Sochi will surpass $50 billion, making it the most expensive games ever. Some experts say the costs far outweigh the benefits.

  • London office development at four-year high     Tuesday, 5 Nov 2013 | 11:35 AM ET

    Anthony Duggan, head of research at Deloitte Real Estate, says the London crane survey shows that developers' confidence is picking up as the office development market hits a four year high.

  • British construction picked up speed last month, unexpectedly growing at its fastest pace since September 2007, a survey of purchasing managers showed on Monday.

  • Is there any silver lining for Caterpillar?     Wednesday, 23 Oct 2013 | 10:35 AM ET

    Ann Duignan, JPMorgan, and Eli Lustgarten, Longbow Research, break down Caterpillar's issues and the machinery maker's 3Q earnings miss.

  • UK construction recovery should continue     Tuesday, 22 Oct 2013 | 11:00 AM ET

    Simon Rubinsohn, chief economist at RICS, discusses U.K construction, which is beginning the pick-up, especially in the housing sector, and expects it to continue through the rest of this year into 2014.

  • US construction spending approaches 4-1/2 year high Tuesday, 22 Oct 2013 | 10:06 AM ET
    Tyvek attic wrap from DuPont

    U.S. construction spending hit a near 4-1/2 year high in August, boosted by increases in both private and public outlays, a hopeful sign for third-quarter economic growth.

  • EDF, Britain in $26 billion deal for nuclear plant Monday, 21 Oct 2013 | 2:35 AM ET
    Hinkley Point Nuclear Power Station

    French utility EDF and the British government have signed an agreement to build two nuclear reactors for a total cost of 16 billion pounds, EDF said in a statement on Monday.

  • Komatsu: China market among Asia's bright spots     Thursday, 26 Sep 2013 | 9:42 PM ET

    Tetsuji Ohashi, President & CEO of Komatsu warns that construction and mining across Asia remains weak and explains why he's cautiously optimistic on China.