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Austrian contractor Strabag confirms ownership link to Russian oligarch but cites no EU, UK or US sanctions and has cut off dividends to his firm; long-time Ukraine contractor Onur Group will stay put "but we are watching the developments sadly and with concern,” says an official.

The new T7X model eliminates the diesel engine and the entire hydraulics system, pointing the way toward a future of fully electrified heavy equipment.

Industry jobless rate also improves on monthly and year-over-year basis, BLS reports.

Developer forced to hire Michael Madigan's law firm cooperated with the federal probe that resulted in 22-count indictment filed March 2.

Transportation Sec. Buttigieg defends guidance document before committee as Rep. Capito criticizes it.

Ethiopia has begun generating electricity at its new 5,000-MW roller-compacted concrete gravity-type dam on the Nile River. The first 375 MW went to the national grid on Feb. 20. 

Despite many upgrades with new technology for loaders,  excavators and cranes, manufacturers are still busy trying to solve a persistent safety problem: striking workers or pedestrians while moving in reverse.