With no agreement to settle charges against firm related to actions by now-departed executives, the firm seeks public support in an open letter from its CEO.
After acquiring Amec Foster Wheeler in a $2.6-billion deal earlier this year, Wood Group plc has set a strategy to get some of the debt from the acquisition off its balance sheet, says CFO David Kemp.
Tutor Perini is struggling to shake off long-running concerns over the hundreds of millions in unbilled costs that have been on the contractor’s balance sheet for years.
Even as he faces mounting challenges, the Tesla and SpaceX entrepreneur is assembling a team of industry veterans and newcomers to pursue his dreams of transforming public transportation