Latest news with #contracting
Globe and Mail
a day ago
- Business
- Globe and Mail
Comfort Systems USA Announces Second Quarter 2025 Conference Call and Webcast
Comfort Systems USA, Inc. (NYSE: FIX), a leading provider of mechanical and electrical contracting services including heating, ventilation, air conditioning, plumbing, electrical, piping and controls, announces that it has scheduled its quarterly conference call and webcast for Friday, July 25, 2025, at 10:00 a.m. Central Time to discuss second quarter 2025 financial results. The results will be released after the market closes on Thursday, July 24, 2025. The conference call will be broadcast live in listen-only mode on the Company's website at The call and the slide presentation to accompany the remarks can be accessed under the 'Investors' tab after second quarter 2025 results are released. Participants who want to join the call and ask a question may register at to receive the dial-in information and a unique PIN to seamlessly access the call. Otherwise, please access the listen-only webcast link. On the next business day following the call, a replay of the entire call will be available on the Company's website. Comfort Systems USA ® is a premier provider of business solutions addressing workplace comfort, with 180 locations in 135 cities around the nation. For more information, visit the Company's website at
Yahoo
2 days ago
- Business
- Yahoo
Waverly plumbing company marks 30 years with ribbon cutting, celebration
WAVERLY — Jeff & Jenny's Plumbing & Contracting celebrated the grand opening of its new location on July 11, marking 30 years of service to Pike County and southern Ohio, according to an announcement. The event, organized by the Pike County Chamber of Commerce, brought together family, friends, employees, community members, local business leaders and Chamber board members. After remarks from Chamber representatives and Waverly Mayor Richard Henderson, Jeff and Jenny Horsley cut the ceremonial ribbon, welcoming attendees to enjoy an afternoon of food, games and entertainment. Chamber President Brad Bapst praised the Horsleys' dedication to Pike County. 'This milestone is a testament to the dedication, skill, and commitment the Horsley family has poured into this business for the past 30 years,' Bapst said. 'We are proud to support this next chapter as they invest in their future. We're excited to see what the next chapter holds for them.' Jeff & Jenny's Plumbing & Contracting offers a variety of services for residential and commercial clients, including general plumbing repairs and installation, water and sewer lines, water heater services, complete home remodels and roofing repairs. The new location is at 301 W. Emmitt Ave. in Waverly. More information can be found at This story was created by Jane Imbody, jimbody@ with the assistance of Artificial Intelligence (AI). Journalists were involved in every step of the information gathering, review, editing and publishing process. Learn more at This article originally appeared on Chillicothe Gazette: Jeff & Jenny's celebrates 30 years with new Waverly location Solve the daily Crossword
Reuters
6 days ago
- Business
- Reuters
LinkedIn settles antitrust lawsuit, agrees to contracting changes
July 14 (Reuters) - Business social network LinkedIn has agreed to make temporary changes to its contracting practices to settle a lawsuit by U.S. users who claimed it schemed to prevent potential rivals from entering the market. The preliminary class action settlement, opens new tab, which does not include a financial payment, was filed on Friday in the federal court in San Francisco and requires a judge's approval. LinkedIn was accused in the 2022 lawsuit of illegally fashioning some business contracts to bar third-parties from competing with the company, allowing it to overcharge for premium services and upgraded account features. The plaintiffs said LinkedIn, now owned by Microsoft (MSFT.O), opens new tab, was 'effectively paying potential competitors not to enter the market.' LinkedIn did not immediately respond to a request for comment. Microsoft was not a defendant. LinkedIn denied any wrongdoing. The plaintiffs' lawyers declined to comment. Under the terms of the deal, LinkedIn said for three years it will not enforce provisions in current or future contracts for "application programming interfaces" that would restrict a third-party potential rival from competing. The contracts at issue in the lawsuit allowed LinkedIn business partners to access private user data "in exchange for restraints against competing with LinkedIn," according to the settlement filing. The plaintiffs said the pause would allow potential rivals to compete more effectively, facilitate reduced prices and increase consumer choice. There are about 9 million people in the settlement class, which includes LinkedIn members who purchased LinkedIn Premium services between January 13, 2018, and the present, according to the settlement. Members of the class can opt out of the settlement to sue individually for alleged damages, the settlement said. The plaintiffs said they planned to present expert testimony at the time of final approval to show the overall value of the settlement, since there is no money being paid to LinkedIn users. The plaintiffs' lawyers said they would seek up to $4 million in legal fees. The case is Todd Crowder et al v. LinkedIn Corp, U.S. District Court, Northern District of California, No. 4:22-cv-00237-HSG. For plaintiffs: Yavar Bathaee and Brian Dunne of Bathaee Dunne; Christopher Burke of Burke LLP; and Carol O'Keefe of Korein Tillery For defendant: Russell Cohen and Julia Chapman of Dechert
UAE Moments
6 days ago
- Business
- UAE Moments
Dubai Rolls Out New Law to Tighten Rules for Contractors
Dubai just dropped a new law that puts the city's contracting sector under a tighter microscope. Law No. 7 of 2025, issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, lays down a clear framework for contractor classification, registration, and operations. Basically? If you're in construction or building, you'll need to play by the rulebook—or risk big fines. What's changing? Contractors now need to register under a strict classification system based on qualifications and capabilities. No going beyond your approved limits —technical or financial. No subcontracting unless you've got the official green light. The goal is to make the system more transparent and efficient, and keep pace with Dubai's rapid growth. A new committee takes the wheel A new Contracting Activities Regulation and Development Committee will oversee everything. It'll: Approve activities Assign regulators Solve jurisdiction conflicts Set a code of ethics Review concerns from the public and private sector A full digital registry is coming Dubai Municipality is also rolling out an electronic registry —connected to the Invest in Dubai platform—to track all licensed contractors. It'll manage classification by category (construction, demolition, etc.) and issue professional certificates to qualified technical workers. Big fines for breaking the rules If you're caught violating the law, be ready to pay. Fines start at Dh1,000 and go up to Dh100,000 Repeat offenders can be fined up to Dh200,000 Other penalties include suspension, license cancellation, downgrading, or deregistration Even technical staff could lose their certifications. One year to comply Contractors already operating in Dubai must regularise their status within a year, or risk penalties. The committee can extend this deadline by another year if needed. A bigger reform is coming This move follows Dubai Municipality's overhaul of its Contractors and Engineering Offices Evaluation System, set to launch in early 2026. It's all part of an effort to raise the bar for safety, ethics, and performance across the board.
Zawya
6 days ago
- Business
- Zawya
Mohammed bin Rashid issues law regulating contracting activities in Dubai
DUBAI: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has issued Law No. (7) of 2025 regulating contracting activities in the Emirate of Dubai. The law, which represents a significant step forward in strengthening the legal and governance framework of the emirate's contracting sector, supports Dubai's vision to advance the development of vital industries in line with global best practices. The new law sets out a unified regulatory framework for contractor classification, oversight, transparency and accountability, supporting Dubai's goals for sustainable growth. It also aligns with the emirate's building codes, planning regulations, and long-term development strategy. A key provision of the law is the establishment of the 'Contracting Activities Regulation and Development Committee', which will be formed by a decision of the Chairman of The Executive Council of Dubai. The committee, chaired by a representative from Dubai Municipality, will include members from government authorities and entities concerned with contracting activities. The committee will be responsible for approving contracting activities in Dubai, identifying entities responsible for supervising each activity, overseeing the implementation of the law, proposing new policies and legislation for the sector, and resolving any jurisdictional disputes that may arise between regulatory entities. The committee will also adopt a code of ethics for the sector, coordinate with both public and private stakeholders, and review and act upon recommendations submitted by the authorities. The law applies to all contractors operating in Dubai, including those based in special development zones and free zones such as the Dubai International Financial Centre. Contracting activities related to airports and their associated infrastructure, as well as any other activities exempted by a decision from the Chairman of The Executive Council based on the committee's recommendation, are excluded from the scope of the law. Dubai Municipality has been assigned the responsibility of establishing, operating, and managing an integrated electronic system for all contracting activities in the emirate. This system will be linked to the 'Invest in Dubai' platform and serve as the central registry for contractors. Dubai Municipality is also tasked with preparing a code of conduct for the sector, classifying contractors engaged in construction, building, and demolition activities, and issuing professional competency certificates to technical personnel. The law outlines rules for contractor registration. Contractors must comply with all relevant legislation and operate within their approved classification and capacity. They are prohibited from exceeding their technical or financial limits or subcontracting without prior approval. Penalties for violating the provisions of the law or any related decisions include fines ranging from AED1,000 to AED100,000. Repeat violations within a year may result in doubled fines, up to a maximum of AED200,000. Additional actions may include suspension from contracting activities for up to one year, downgrading of classification, removal from the registry, cancellation of commercial licenses, and suspension or de-registration of technical staff and revocation of their professional certificates. All contractors operating in Dubai at the time the law comes into force are required to regularise their status within a year. This period may be extended by the Committee for another year if necessary. Contractors whose registration expires during this period will be allowed to renew it upon submitting a declaration pledging to comply with the law's provisions within the given timeframe. Any existing legislation that conflicts with this law will be annulled. The law will be effective six months after its publication in the Official Gazette.
