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Home » Topics » Business » Finance

Finance
Finance RSS Feed RSS

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Airport Infrastructure

FAA Awards $428M Round of Grants for Airport Upgrades

Tom Ichniowski
Tom Ichniowski
July 30, 2024
No Comments

The largest grant goes to Fort Lauderdale-Hollywood International Airport for a terminal expansion project.


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Clean Power Development

New UK Regime Starts Government-Owned Clean Energy Project Firm

Peter Reina
Peter Reina
July 25, 2024
No Comments

Labor PM Keir Starmer's government formed Great British Energy to undertake early project work to reduce private sector developer risk and boost technologies such as carbon capture and storage, hydrogen and wave and tidal energy.


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Appropriations
Federal Spending

Parties Divided Over House Fiscal 2025 Appropriations Bills

Tom Ichniowski
Tom Ichniowski
Pam_McFarland
Pam McFarland
July 17, 2024
No Comments

With the August recess drawing near, congressional appropriators are making progress on spending bills for fiscal 2025.


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Forecast

AIA: Manufacturing Leads Construction Spending at Midyear, But Overall Slowdown Expected in 2025

Alisa Zevin
Alisa Zevin
July 17, 2024
No Comments

Commercial spending continues will continue to lag, according to the AIA mid-year forecast.


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Transportation

Cape Cod Bridge Replacement Program Receives $1B FHWA Grant

James-Leggate.jpg
James Leggate
July 15, 2024
No Comments

The Sagamore Bridge and Bourne Bridge, which cross the Cape Cod Canal, are both due to be replaced at a combined estimated cost of $4.5 billion.


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Buildots Reality Capture
Construction Technology

Intel Capital Invests in $15M Venture Round for AI-Powered Buildots

Construction problem predictor adds investor executive as board observer
Jeff Yoders
Jeff Yoders
July 11, 2024
No Comments
The startup has seen its construction progress documentation and machine learning-based schedule analyzer technology used on large, complex projects around the globe.


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Transportation

New York State Sets $484M for Bridge Projects

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James Leggate
July 11, 2024
One Comment

State officials selected more than 200 bridge and culvert projects with an eye on climate resilience.


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ABC Economist Warns of Possible Recession in 2025, Even as Inflation Fears Abate

Alisa Zevin
Alisa Zevin
July 10, 2024
No Comments

A mild recession may be on the horizon despite expected interest rate cuts later this year.


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Manufacturing

Feds Offer New $1.2B Loan for Entek EV Battery Component Plant

James-Leggate.jpg
James Leggate
July 9, 2024
No Comments

Clayco is building 1.4-million-sq-ft Indiana plant to produce wet-process lithium-ion battery separators for EV batteries with conditionally awarded Energy Dept. loan, officials announced July 9.


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Transit

Gateway Secures Final Pieces of Funding for $16B Hudson River Rail Tunnel

James-Leggate.jpg
James Leggate
July 8, 2024
No Comments

The U.S. Dept. of Transportation is supplying a $6.9-billion grant and $4.1 billion in low-interest loans on top of previously announced federal funding.


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