US News Archives - constructconnect.com

Fed watchdog finds no crimes in $2.4B building renovation, only mismanagement

wp-poster — Mon, 05 Oct 2026 10:10:53 +0000

WASHINGTON — The Federal Reserve’s internal watchdog has said the central bank has broadly mismanaged an expansive building renovation project but did not find any criminal violations, as alleged by Donald Trump administration prosecutors. A variety of missteps by the Fed’s Board of Governors and staff inflated the cost of the $2.4 billion renovation, the […]

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Hedge fund CEO Ken Griffin gives record $3B to Carnegie Mellon to build Miami campus

wp-poster — Mon, 05 Oct 2026 10:05:46 +0000

PITTSBURGH — Carnegie Mellon University has announced that hedge fund CEO Ken Griffin is donating $3 billion, with the bulk of the money for a new campus in Miami focused on societal challenges. The Pittsburgh-based private research university said the gift is the largest ever single gift to a U.S. university. Other donations topping the […]

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Trump announces a new $15B Iowa steel plant and claims it will be the nation’s biggest

wp-poster — Fri, 02 Oct 2026 10:10:45 +0000

WASHINGTON — President Donald Trump has announced a new $15 billion steel plant is being built in Iowa, highlighting an economic victory in a key battleground state where Republicans face competitive midterm races. Trump announced the new plant at an Oval Office event alongside steel executives and Iowa Republicans, including two running for office. The […]

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Powerful drill roars to life to dig Hudson River tunnel connecting New York and New Jersey

Daily Commercial News — Thu, 01 Oct 2026 13:38:28 +0000

NORTH BERGEN, N.J. — Powerful cutters have whirred to life on a giant drill that will begin boring a new train tunnel under the Hudson River connecting Manhattan to New Jersey. Officials gathered in North Bergen, New Jersey, on Monday to ceremonially flip the switch on the Gateway tunnel, one of the largest U.S. mass […]

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Elon Musk finds a welcome home in Texas for his latest megaprojects

wp-poster — Tue, 29 Sep 2026 10:10:06 +0000

No U.S. state has benefitted more from the scale and scope of Elon Musk’s expanding business empire than Texas. The high-profile billionaire has built a network of more than 90 companies and legal entities in the state that control land and housing properties that employ an estimated 28,000 people. Musk is even developing his own […]

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Hammond Power Solutions expanding in Texas amid demand from data centre projects

wp-poster — Thu, 24 Sep 2026 10:00:38 +0000

GUELPH, ONT. — Hammond Power Solutions Inc. says it has signed a long-term lease for a new manufacturing facility in Fort Worth, Texas, to meet the growing demand from data centre projects. The Ontario-based company says the new operation will expand its ability to serve U.S.-based customers. CEO Adrian Thomas says demand for the transformers […]

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Amtrak wants new Chicago yard with plans to sell present site

wp-poster — Thu, 17 Sep 2026 10:15:15 +0000

Amtrak, America’s passenger rail network, wants to move its large Chicago coach yard from its current location just south of Union Station in the South Loop further south into the Chinatown and Bridgeport neighborhoods. And that isn’t sitting well with residents and environmentalists. Amtrak, flush with more than $600 million in Federal Railroad Administration grants […]

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Boston must consider $10.5B coastal protection plan to prevent $54B in future flood damage

wp-poster — Tue, 15 Sep 2026 10:10:09 +0000

Boston could be facing tens of billions of dollars in flood damage unless it undertakes one of the largest climate adaptation efforts ever proposed for a U.S. city. That’s the bottom line in a draft feasibility study dubbed the Coastal Storm Risk Management Feasibility Study, which was released recently by the U.S. Army Corps of […]

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Officials say 4 people were hospitalized after a crane collapsed at a Miami �鶹��ýӳ�� site

Daily Commercial News — Mon, 14 Sep 2026 16:30:36 +0000

MIAMI — Four people were hospitalized after a crane collapsed at a Miami �鶹��ýӳ�� site Monday morning, officials said. The collapse occurred shortly after 8 a.m. in the city’s upscale Brickell neighborhood. Miami Fire Chief Robert Hevia said during a news conference Monday morning that he was thankful a call involving a collapsed crane and […]

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Ole Miss launches $1.3B campus transformation with 170 �鶹��ýӳ�� projects underway

wp-poster — Mon, 14 Sep 2026 10:00:44 +0000

Visitors arriving at the University of Mississippi this fall are likely to immediately notice one thing: myriad �鶹��ýӳ�� fences. They encircle worksites across the Oxford campus, signalling a massive transformation that is redefining the future of the state’s flagship university. The projects represent far more than a collection of cranes, excavators and �鶹��ýӳ�� fencing. The […]

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Aecon pays tribute to 13 colleagues who died in Sept. 11 attack

Daily Commercial News — Fri, 11 Sep 2026 15:01:40 +0000

NEW YORK – As the world remembers, honours and marks the 25th anniversary of the tragedy of Sept. 11, 2001, Aecon is paying tribute to colleagues who were lost that day. In a post on X, the company states, “Each year, on this day we pause to remember those who died, and especially the 13 […]

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25 years later: Structural engineers reflect on 9/11 and the lessons learned

Daily Commercial News — Fri, 11 Sep 2026 12:54:51 +0000

NEW YORK – In the aftermath of the horrific events of Sept. 11, 2001, the American Society of Civil Engineers (ASCE) and organizations like the National Institute of Standards and Technology conducted in-depth investigations to understand what triggered the towers’ progressive collapse. A recent article tells the stories of the engineers who not only contributed […]

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