PARIS— Small underground nuclear power plants that could be cheaper to build than their behemoth counterparts may herald the future for an energy industry under intense scrutiny since the Fukushima disaster, the incoming head of the Nuclear Energy Agency told The Associated Press.» Read More
The plan by the Associated General Contractors of America, which represents 30,000 companies, aims to draw more people into building trades by establishing charter schools focused on technical training, starting non-union apprenticeship programs and pushing for immigration reform.
TORONTO, April 8- Canadian housing starts fell more than expected in March and building permits dropped sharply in February, according to data released on Tuesday that suggests the country's robust housing market is cooling.
NEW YORK— Shares of some top construction companies are up at 10 a.m.:. Foster Wheeler rose$. 28 or. 8 percent, to $33.49. Quanta Services Inc. rose$. 09 or. 3 percent, to $35.67.
DR Horton fell$. 04 or. 2 percent, to $21.73. Lennar Corp. rose$. 23 or. 6 percent, to $39.42. Pulte Homes Inc. rose$. 16 or. 8 percent, to $19.19.
Fluor fell $1.79 or 2.3 percent, to $75.87. Foster Wheeler fell$. 10 or. 3 percent, to $33.21. Quanta Services Inc. fell$. 87 or 2.4 percent, to $35.58.
DR Horton fell$. 54 or 2.4 percent, to $21.77. Hovnanian Enterprises Inc. fell$. 12 or 2.5 percent, to $4.73. Lennar Corp. fell $1.29 or 3.2 percent, to $39.19.
DR Horton fell$. 57 or 2.6 percent, to $21.74. Hovnanian Enterprises Inc. fell$. 10 or 2.1 percent, to $4.75. Lennar Corp. fell $1.11 or 2.7 percent, to $39.37.
NEW YORK— Shares of some top construction companies are down at 1 p.m.:. Foster Wheeler fell$. 04 or. 1 percent, to $33.27. Quanta Services Inc. fell$. 79 or 2.2 percent, to $35.66.
April 4- Kentz Corporation Ltd, a British engineer focused on the energy sector, said Meg Lassarat would replace Ed Power as chief financial officer. Lassarat was most recently the CFO of Houston- based engineering and field services company UniversalPegasus International. Power would stay on through August to facilitate a smooth transition, Kentz said.
PARIS, April 3- A French appeals court has upheld the choice of construction and telecoms conglomerate Bouygues to build a new judiciary complex in northern Paris, dismissing a suit by lawyers loath to leave the city centre. Bouygues won the order from the state over two years ago.
*Japan's nuclear reliance could be as low as 10 pct. TOKYO, April 2- Three years after the Fukushima disaster prompted the closure of all Japan's nuclear reactors, Prime Minister Shinzo Abe is moving to revive nuclear power as a core part of the energy mix, but many of those idled reactors will never come back online.
WASHINGTON, April 1- U.S. factory activity accelerated for a second straight month in March as production rebounded, in the latest sign that winter's icy grip on the economy was loosening. We should see growth in manufacturing the rest of the year with the overall growing economy, "said Gus Faucher, senior economist at PNC Financial Services in Pittsburgh.
WASHINGTON, April 1- U.S. construction spending barely rose in February as outlays on private residential construction projects recorded their biggest decline in seven months, a sign that severe weather continues to hobble the economy. Construction spending edged up 0.1 percent to an annual rate of $945.7 billion, the Commerce Department said on Tuesday.
SHANGHAI, April 1- A small construction materials company has defaulted on an interest payment on 180 million yuan worth of bonds, a national newspaper said on Tuesday, a few weeks after China's first-ever domestic bond default.
WASHINGTON, March 28- Caterpillar Inc's offshore tax strategies will come under scrutiny on Tuesday at a U.S. Senate hearing expected to examine dealings by the world's largest mining and construction equipment maker in Switzerland, Bermuda and Luxembourg.
HELSINKI, March 27- Finnish retailer Kesko on Thursday said it would drop out of the Fennovoima nuclear project, adding to concerns over the progress of the consortium's plan to build a 4 to 6 billion euro reactor in western Finland.
WASHINGTON, March 24- A U.S. Senate subcommittee known for investigating corporate tax avoidance said on Monday it will hold a hearing on April 1 to examine the offshore tax strategies of Caterpillar Inc, the world's largest mining and construction equipment maker.
STOCKHOLM, March 23- Such is the weight of Christer Gardell's voice in Europe that Volvo's share price jumped 4 percent one day in January when a Swedish business daily ran a front-page story on the activist investor calling on the truckmaker to "start delivering".
March 20- Lennar Corp reported a 36 percent jump in quarterly profit as it sold more homes at higher prices but said it was too soon to predict the strength of the spring selling season. Lennar's shares rose about 3.5 percent in premarket trading.
Ron Napier, Head of Napier Investment Advisors, explains how the massive decline in Chinese construction activity will hurt growth.