Construction Industry News
A collection of Construction latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
She took over the family business from dad. Now her NOLA construction company is worth $100M.
Gibbs Construction, founded in 1976, was already a dominant general contractor in town before Lauren Gibbs took over the business from her father, Larry Gibbs, in 2019. The Elmwood firm's reputation and expertise grew as it racked up major…
VACB's 'Operation Parpidam' exposes widespread municipal corruption in Kerala's construction sector
The Vigilance and Anti-Corruption Bureau (VACB) in Kerala has unearthed a widespread bribery racket to expedite building permit applications, overlook zoning violations, facilitate false reporting of floor area ratio to defraud the government of…
Silberhorn Wellfield deep well construction work to begin July 27
The City of Sequim plans to begin construction on the Silberhorn Wellfield Deep Well on Monday, July 27. The construction includes a wellfield building for the new production well (Deep Well #4) along with improvements to the existing three wells…
Google hit with $1 billion EU fine, in 'constructive' talks to avoid more penalties
4 min read New Delhi Make us preferred source on Google Alphabet's Google was fined a total of €890 million ($1 billion) on Thursday for flouting European Union rules aimed at reining in the power of Big Tech, the European Commission said.
City of Surrey continues crackdown on illegal construction at 3 more properties - BC
The City of Surrey continues to crack down on unpermitted construction units. A garage on the property of a house near 124th Street and 72 Avenue was transformed into six self-contained suites and a two-storey addition was built without the…
Wang Fuk Court hearing completed: Construction firms exposed for deliberate violations; government pushes reforms ahead of final report
The independent commission of inquiry into the Tai Po Wang Fuk Court fire completed its final round of hearings last week, listening to the closing submissions of all involved parties. SCROLL TO CONTINUE WITH CONTENT A synthesis of the submissions…
Google hit with $1-billion EU fine, in 'constructive' talks to avoid more penalties
BRUSSELS, Belgium – Alphabet's Google was fined a total of €890 million ($1 billion) on Thursday, July 23, for flouting European Union rules aimed at reining in the power of Big Tech, the European Commission said. However, the US tech…
HSBC summit turns future trends into wealth strategies
This is particularly relevant as AI-related growth spreads across several industries at once. In her opening address, Winnie Ng, Managing Director and Head of Wealth and Premier Solutions, Retail Banking and Wealth, Hong Kong., said AI was…
Arctic LNG 2 Train 3 Modules Offloaded at Novatek Yard, but Satellite Images Show Construction Still Largely Idle
The first two topside modules intended for the third production train of Russia's Arctic LNG 2 project have been offloaded at Novatek's Belokamenka construction yard, although newly obtained satellite imagery suggests large-scale assembly work…
Cyprus Business Now: tourism, Eurobank, Keve, startups, construction, CBC, LNG
In a statement filed with the Tel Aviv Stock Exchange and addressed to the Israel Securities Authority, NewMed said the MoU was signed on July 22 by the Aphrodite field partners, the Cyprus Hydrocarbons Company and EGAS. The company said the…
House Passes $1.15T Defense Bill With $28.6B for Military Construction
Although the annual defense policy bill is best known for authorizing weapons programs and military pay, this year's House measure reaches far beyond traditional military construction. It includes provisions affecting installation utilities, energy…
City of Armstrong updates construction schedule for Pleasant Valley Boulevard
Construction work has been modified to mitigate disruption during the IPE. Construction on Pleasant Valley Boulevard North is moving into its next stage, and the City of Armstrong has announced an immediate shift in the project timeline to minimize…
Granite Construction Incorporated $GVA Shares Sold by Walleye Capital LLC
Walleye Capital LLC lowered its stake in Granite Construction Incorporated (NYSE:GVA - Free Report) by 27.6% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 102,694 shares of the construction company's stock…
Granite Construction (GVA) Projected to Release Earnings on Thursday
Granite Construction (NYSE:GVA - Get Free Report) is expected to be issuing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to announce earnings of $2.28 per share and revenue of $1.4120 billion for…
New research affirms construction workers disproportionately affected by opioid deaths
There is an increasing number of overdose deaths in Ontario where more than one drug contributes to those deaths, a new report shows.A client draws up fentanyl in the consumption room at Moss Park Consumption and Treatment Service in Toronto…
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