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Take a peek inside St. Louis City SC"s stadium site as construction reaches key milestone (PHOTOS)
Construction cre.....»»
TCF Bank name will disappear in Huntington merger. Here"s what else will change.
TCF Bank was a acquired by a bank headquartered in Columbus, Ohio. Will the Gopher's football stadium be named after a bank from the Buckeyes' backyard?.....»»
Taiwanese Chipmaker Plans to Build $12 Billion Factory in Arizona
TSMC said it will start construction of its next major fabrication facility in 2021, to be completed by 2024 .....»»
Sutter Health reports $1 billion first-quarter loss
The Sacramento-based health system has incurred heavy costs with its response to the Covid-19 pandemic......»»
Royal Caribbean offers 28 ships as collateral
Royal Caribbean Cruises RCL.N on Wednesday launched a $3.3 billion bond offering, pledging 28 of its ships as collateral and forecast heavy losses for the first quarter as the COVID-19 pandemic brings the sector to a virtual standstill......»»
Royal Caribbean Cruises expects $1.44B coronavirus loss in first quarter, launches $3.3B bond offering
Royal Caribbean Cruises on Wednesday launched a $3.3 billion bond offering, pledging 28 of its ships as collateral and forecast heavy losses for the first quarter......»»
Two-thirds of Texas construction firms have projects on hold
Despite a majority of respondents saying at least one of their projects has been delayed, industry leaders are confident that construction firms will weather the storm......»»
Solar, wind energy struggle as coronavirus takes toll
COVID-19 has delayed construction, put thousands of skilled laborers out of work and sowed doubts about solar and wind projects on the drawing board......»»
Scaramucci"s SkyBridge hit with heavy redemption requests as fund fell
SkyBridge submitted redemptions of more than $1 billion to managers in order to pay back its investors and shift around its investments after the fund suffered a 23% loss in March......»»
China is building a $1.7 billion soccer stadium that is shaped like a lotus and will seat 100,000 people amid a pandemic
STR/AFP via Getty Images China has begun bui.....»»
Check out the Raiders" sleek, $2 billion stadium that"s close to completion in Las Vegas
Ethan Miller/Getty Images The Raiders have officially moved to Las Vegas. Their new stadium, Allegiant Stadium, is expected to cost $2 billion to build and is .....»»
VTA ditches ambitious, expensive BART tunnel for San Jose
The reason for the shift: the tunnel design could cost $4 billion more than budgeted and construction companies might be unwilling to bid on such an unusual design......»»
Goldman Sachs profit halves on mounting loan loss provisions
Goldman Sachs Group Inc reported a 49% fall in quarterly profit on Wednesday, as the bank put aside nearly $1 billion to meet future loan defaults and booked heavy losses on its debt and equity investments......»»
Mayo Clinic lets go of contract employees, reduces pay and halts most construction
All Mayo Clinic sites, including Jacksonville, are significantly reducing expenses — including pausing construction — due to a $3 billion system wide deficit. The clinic said in a statement to the Business Journal that Mayo is facing unprecedent.....»»
Badgers preparing for possible COVID-19 impact on big revenue generating football program, deputy AD says
The closure of the campus has not stopped renovations to sports facilities. Construction is currently being done to the Wisconsin Field House, a multipurpose arena on campus......»»
Construction freeze is adding to industry’s debt risk
New York City’s construction shutdown has derailed a $66 billion industry, increasing the risk on billions in loans issued to fund projects across the city. Before the virus outbreak, more than 450... To view the full story, click the title link......»»
TSMC plans NT$21.6 billion bond sale
TSMC's board of directors on April 6 approved the issuance of NT$21.6 billion (US$715.8 million) in unsecured corporate bonds to fund the construction of new facilities and equipment, according to a company filing with the Taiwan Stock Exchange (TWSE)......»»
COVID-19: Principia report tracks impact on lumber and building materials
Principia, a provider of business insights to the building materials and business construction industry, tracks $72 billion of residential revenue sold in selected building product categories (roofing, siding, e.....»»
Even as COVID-19 spreads, some sports stadium construction is "essential" and the work goes
As the construction of some sports facilities continues, it's putting a spotlight on the tension between economic pressures .....»»
New construction projects in Austin being delayed because of coronavirus
As the virus' economic fallout grows, and with a likely recession looming, what will happen to Central Texas' booming real estate market? Projects already underway are probably OK but the picture is bleaker for new builds, experts say......»»