Latest news with #ConstructionWorkers
CTV News
31-07-2025
- Business
- CTV News
Job vacancies at their lowest level since 2017
Construction workers work at the site of a condo tower under construction, in Delta, B.C., on Wednesday, July 2, 2025. The British Columbia government is loosening the rules for payment of development costs in a bid to jump start home construction. A builder will only be required to pay 25 per cent of development costs at permit approval with the rest due at occupancy of the project or within four years of the original 25 per cent payment. THE CANADIAN PRESS/Darryl Dyck
The Independent
30-07-2025
- Business
- The Independent
Demolition begins on last pieces of Baltimore's collapsed Francis Scott Key Bridge
Demolition crews are using giant saws, backhoes and other heavy equipment to remove large sections of the remaining pieces of Baltimore's Francis Scott Key Bridge, which collapsed last year after a container ship lost power and veered off course, killing six people. Its replacement, which is expected to open in 2028, can be built nearby during demolition the work, officials said. Gov. Wes Moore praised the efforts and noted the magnitude of the project during a visit to the worksite Wednesday. He also mourned those who died in the collapse. 'We wanted to move as quickly as possible. We wanted to move as safely as possible, and we wanted to make sure we were being good stewards of taxpayer dollars,' he told reporters. The March 26 collapse killed six construction workers who were filling potholes when the roadway crumbled beneath them. Baltimore's port was closed for months, and increased traffic congestion remains a problem across the region. The longstanding Baltimore landmark was a vital piece of transportation infrastructure that allowed drivers to easily bypass downtown. The original 1.6-mile (2.6-kilometer) steel span took five years to construct and opened to traffic in 1977. It was particularly important for the city's port operations. Earlier this year, officials unveiled designs for the state's first cable-stayed bridge. The replacement span will be taller and better protected than the original Key Bridge, which was particularly vulnerable to ship strikes. Crews working to remove its skeletal remains are cutting the concrete deck into 6-foot (1.83-meter) sections and carting them away to be recycled during the construction process, said Brian Wolfe, director of project development for the Maryland Transportation Authority. He said this phase of the demolition should take about nine months. Meanwhile, crews will also start conducting tests to confirm the foundation design of the replacement bridge. Officials said they're reevaluating a $1.7 billion price tag for the project to factor in supply chain issues, tariffs and other costs. They said the completion date could also change.
Yahoo
28-07-2025
- Automotive
- Yahoo
Jefferies Maintains Buy And Raises Price Target On MasTec Inc. (MTZ)
MasTec Inc. (NYSE:MTZ) is among the 13 Best Electrical Infrastructure Stocks to Invest In. Jefferies maintained its Buy recommendation on MasTec Inc. (NYSE:MTZ) on June 27 but raised its price objective from $193 to $213. It is among the Best Electrical Equipment Stocks. A workforce of engineers and construction workers in professional gear, showcasing the company's capabilities in developing energy infrastructure solutions. The company acknowledged MasTec Inc. (NYSE:MTZ)'s 'solid' Q2 momentum in a research note to investors, pointing to the company's expanding backlog, margin performance, and strength across its end markets. Its stock is regarded by Jefferies as one of the most attractive in the entire coverage universe. The updated goal reflects increasing assurance about MasTec Inc. (NYSE:MTZ)'s ability to meet demand and execute. A solid project pipeline is being driven by the company's substantial infrastructure investment. Analysts highlight the company's capacity to turn backlog into profitable expansion, supported by careful cost control and advantageous industry conditions. According to Jefferies, MasTec Inc. (NYSE:MTZ)'s position as a major infrastructure provider is strengthened by its expanding exposure in energy, power delivery, and communications, as well as its improved profits. While we acknowledge the potential of MTZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
South China Morning Post
08-07-2025
- South China Morning Post
Police seal off busy Hong Kong road after suspected bomb found in Tsim Sha Tsui
A suspected bomb has been found in Hong Kong's Tsim Sha Tsui, prompting police to cordon off busy Granville Road and call in explosive disposal experts. The force said on Tuesday that it was discovered at a construction site on Mody Road near the west area of the Urban Council Centenary Garden in East Tsim Sha Tsui at 12.10pm. The suspected bomb was discovered at a construction site at 12.10pm. Photo: Handout Witnesses said that about 40 workers were evacuated after the alleged bomb was discovered as Explosive Ordnance Disposal officers arrived at the scene. According to Google Maps, the section of Granville Road outside the Hong Kong Science Museum is sealed off. Advertisement
CTV News
27-05-2025
- Business
- CTV News
WATCH: Demolition of Cambridge Hotel
Winnipeg Watch Crews work to demolish the Cambridge Hotel in Winnipeg on May 27, 2025.
