Energy majors, whose CEOs met with President Trump April 3 over falling prices, are among 300 firms in hard-hit sectors hit with ratings cuts, S&P Global Ratings said in an April 8 webinar.

The survey also revealed a steep increase in the share of firms reporting that an owner had canceled an upcoming project.

Schumer says a deal might be reached but McConnell, McCarthy continue to back PPP-only infusion.

As the global pandemic rages, the construction sector copes with constantly shifting realities to keep projects, workforces, clients, bottom-lines and futures on track.