A shrinking budget deficit is usually good news, but a drop in federal debt in Canada is raising concerns over delays in government efforts to funnel infrastructure money into projects.
The Kansas City, Mo., city council voted 8-5 on Feb. 8 to move forward with Edgemoor Infrastructure & Real Estate via a memorandum of understanding for a new single-terminal Kansas City International Airport.
Cypress Creek Renewables is planning to construct a solar power plant, which will have a capacity between 2 MW and 5 MW, on a 48-acre site in Crete Township.
Exxon Mobil Corp. plans to invest $50 billion over five years to expand its U.S. oil-and-gas production facilities, the company said on Feb. 2, when it released its 2017 results, which included $8.4 billion in fourth-quarter earnings and $19 billion in income for the year.
In a bid to shed non-profitable operations, Stockholm-based contracting giant Skanska AB will reduce its global workforce by 3,000, new CEO Anders Danielsson said on Feb. 2.
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