All posts tagged "Construction"
Rimco to Become Caterpillar’s Distributor in Cuba
Caterpillar, the largest manufacturer of construction machinery, selected Rimco, a Puerto Rican company, as its official distributor in Cuba. Caterpillar considers Cuba needs this type of machinery and, with the elimination of commercial restrictions between the U.S....
- Posted February 19, 2016
Cause of Deadly NYC Crane Collapse is Under Investigation
NEW YORK – Officials are working to determine why a huge construction crane that was being lowered during strong winds came crashing down onto a street, killing a pedestrian and crushing a row of parked cars. Three...
- Posted February 6, 2016
Survey: US Employers Hired at Solid Pace in January
WASHINGTON – U.S. employers added jobs at a steady pace last month, lifted by robust gains in services and construction, according to a private survey. Payroll processor ADP says businesses added 205,000 jobs in January, down from...
- Posted February 3, 2016
US Construction Spending Hit 8-year-high in 2015
WASHINGTON – U.S. construction spending edged up slightly in December, helping push total spending for the year to the highest level in eight years. The Commerce Department says construction spending increased 0.1 percent in December after falling...
- Posted February 1, 2016
Dubai Tower Blaze Shows Risks in Common Building Material
DUBAI, United Arab Emirates – Within minutes, the revelry of New Year’s Eve in Dubai turned to horror as those gathered for fireworks downtown watched flames race up the side of one of the glistening city’s most...
- Posted January 19, 2016
Friday’s US Jobs Report: Will Hiring Survive Global Turmoil?
WASHINGTON – For months, U.S. employers have steadily added jobs even as global growth has flagged and financial markets have sunk. Friday’s jobs report for December may provide some hints of whether that trend can endure. Most...
- Posted January 8, 2016
Survey: US Businesses Add 257,000 Jobs, Most in a Year
WASHINGTON – U.S. businesses stepped up hiring last month, led by solid gains in construction and retail, a private survey found. Payroll processor ADP said Wednesday that companies added 257,000 jobs in December, the most in a...
- Posted January 6, 2016
US Construction Spending Falls 0.4 Percent in November
WASHINGTON – U.S. construction spending fell in November for the first time in 17 months, reflecting weakness in spending on hotel and other private nonresidential construction and government projects. Construction spending dipped 0.4 percent in November following...
- Posted January 4, 2016
Accor Expands Presence in Cuba with Construction of Sofitel Luxury Hotel
AccorHotels is constructing the luxury Sofitel So Havana by the Cuban capital’s well known Malecón esplanade. Considered the largest hotel group in Europe and Latin America, Accor expects the construction of the 218-room building to be completed...
- Posted December 26, 2015