*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
Fluor and Foster Wheeler's results weren't the same, even if the media said otherwise.
Mad Money's Cramer says investing in companies in the same industry doesn't necessarily mean you'll get similar results. For example, in the engineering & construction sector, Fluor is in terrific shape, and is a buy; while Foster Wheeler is doing awful, and investors should stay away from it.
CNBC's Brian Sullivan has the details on the latest jobs report, and a look at the hard-hit construction sector, which lost 20,000 jobs for the month, with Michael Russell, H.J. Russell & Company.
Looking at the current forecast models for gridlock, the consequences of inaction are significant both at home and when examining our global competitiveness.
Cherian George, Fitch Ratings, discusses the "new normal" for infrastructure in the United States, as signs of worsening conditions elude to a growing problem.
Many would-be innovators have misconceptions about the process of innovation itself. Here, we review some common myths of innovation and separate fiction from fact.
Bernard Charlès, CEO of Dassault Systèmes, joined CNBC to discuss the firm's third quarter earnings.
America is in the midst of physical decline. Decades of infrastructure neglect are eroding centuries of economic progress. Call it: The Great Regression.
Debating whether President Obama's plan for a national infrastructure bank will create jobs, or more government bureaucracy, with Rep. John Mica, (R-FL), and Rep. Donna Edwards, (D-MD).
With so much need that must be met, businesses with that “bigger is always better” mentality are struggling with how to capture all of the opportunity.
The Jefferson Innovation Summit gathers the best in business, government, and media to find innovative ways to spur economic growth and ensure global competitiveness. CNBC's Tyler Mathisen is moderating the event in Charlottesville, Virginia, and speaks to Ntiedo Etuk, Dimensionu cofounder/CEO and Premal Shah, KIVA.org president regarding whether America is too "risk-reversed."
Housing is probably two years away from signs of recovery. Paul Ballew, Nationwide chief economist, and Adam Leitman Bailey, real estate attorney provide analysis of the U.S. housing market and its recovery.
Donald Trump, Trump Organization chairman/president discusses his plans to expand in Asia, and his meeting with presidential candidate, Mitt Romney.
CNBC's Mary Thompson has the details on the industrial stocks to watch.
Shares of home builder Hovananian are down more than sixty percent this year. Ara Hovnanian, Hovnanian Enterprises president/CEO, provides perspective on interest rates and the need to raise more capital.
Invention and innovation can change how an economy, a company, even the human body, works — quickly and profoundly. Our special report, "The Future of Innovation," is about defining innovation in the 21st century, and seeking out where it is alive and well in America.
Necessity no longer seems to be the mother of invention. The disposable consumer society has facilitated rapid-paced innovation that has blurred the line between good and bad.
Great new ideas are only the first link in a chain that includes government and corporate allies in an economy that supports risk.
What a terrible time to try to sell an innovation. Oh, for the boom years of a decade ago, when investment capital was as plentiful as the dew.