Articles by Richard Korman

But observers watch signals in hot markets and actions in city halls and state legislatures.

When former Harrisburg, Pa., Mayor Stephen Reed (D) and his aides set out to retrofit the city’s aging incinerator in late 2000, the project spun out of control over the coming years, enlarging the debt the city owed on the facility to $300 million and sinking Harrisburg into financial ruin.

Bechtel is a key part of Georgia Power's has created a plan to save its troubled, billions-over-budget Plant Vogtle nuclear expansion project.

The much-speculated purchase, set to conclude by December, would create a $15-billion-revenue firm and includes $416 million of debt.