In year-end results released last month, Spanish contractor Ferrovial reported a 10% increase in revenue to $10.6 billion, while net profit rose 79% to $782 million.
With Republicans vowing to block any Supreme Court nominee to replace Justice Antonin Scalia, who died unexpectedly on Feb. 13, the fate of cases pending before the court, or that could end up on its future docket, has been clouded with uncertainty.
The Federal Aviation Administration has asked an outside committee to propose eased rules for commercial flights of small drones in urban areas and over people not involved in flight operations.
President Obama has nominated Maj. Gen. Todd T. Semonite to be U.S. Army chief of engineers and commander of the Army Corps of Engineers, according to military communications and industry sources.
To help residents recover from devastating water crises, Senate lawmakers are close to moving on legislation to provide millions of dollars in assistance to Flint, Mich., and cities like it.
KONE rolls out IBM’s cloud-based Internet of Things platform known as Watson to over a million of its elevators, escalators and doors around the world.
Ex-Executive VP Thomas Rospos of now-defunct Birdsall Services Group takes third-degree plea on Feb. 25 as his trial began in $1-milion scheme; ex-CEO Howard Birdsall pleaded guilty on Feb. 18.