Firm resumed stock trading after denying "corruption, illegality or bad faith" claimed by arbitration panel as it pursues millions in project payment it says it is owed by state-owned energy firm and further legal action.

While contractors are more wary about 2024, most expect strong public sector project spending to buoy the industry even as interest rates could cause a pullback in private development. 

Naja left a successful career in airport development to embark on a new one with cruise terminals.

TC Energy and contractor Pacific Atlantic Pipeline Construction dispute costs on challenging $10.6B Canada natural gas pipeline as it nears completion. 

The engine manufacturer has agreed to pay $1.67 billion to settle potential violations of the Clean Air Act regarding devices that allow users to defeat emissions controls systems in Dodge Ram 2500 and 3500 engines. 

Florida executive formed three companies from the 1960s to the 1980s, becoming one of the largest concrete pumping companies in the Southeastern U.S, said a family statement.

A court panel will decide if James Dolan, CEO of Madison Square Garden Entertainment, must testify.

Voting reps from nearly 200 nations at Dubai event ending Dec. 13 agreed to “transition away” from fossil fuels—boosting renewables, nuclear energy and climate investment—but did not mandate specific actions to cut back traditional energy use.

The coming year presents a complex landscape for the construction industry. Cost, risk and growth will be impacted by geopolitical turmoil, inflation and increased regulatory complexity.

With the worst of the pandemic-related production issues now largely resolved, the construction equipment market is returning to a more normal state of affairs, despite a rise in prices over recent years.