With an extended period of construction activity and no imminent signs of recession, prices for used construction equipment at resale and auction have found their level, with fewer of the fluctuations that marked recent years.
Not since the “United States Steel Hour” during the golden age of television has the Pittsburgh-based steelmaker had such drama like the firm’s current public relations fight with former bidder Cleveland-Cliffs over its proposed acquisition by Japan’s Nippon Steel Corporation.
Public work continues to spur growth in the construction industry in the second quarter as contractors wait for interest rates to decline in the second half of the year.
Global developers are advancing nuclear fusion technology and engineering to scale an energy source they say has zero emissions, no meltdown risk and more security, as data centers and AI push power demand.
After rejecting three acquisition offers from Dubai-based AE consolidator Sidara, formerly Dar Group, energy-industrial services firm agrees to talks related to latest sweetened bid.
Transit projects ranging from a $7.7-billion subway line extension to station accessibility improvements are on hold with the pause of program which was expected to generate $15 billion.
New York Gov. Kathy Hochul said she was indefinitely pausing implementation of congestion pricing tolls for Manhattan because of the potential for “unintended consequences.”