Corporate News: Page 53
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D.R. Horton fined $16M for mismanaged funds, services on FL project
The hefty fine is due in part to the national homebuilder's large scale.
By Hallie Busta • Nov. 11, 2016 -
UPDATE: Facebook disables race-based exclusion targeting for housing ads
The news follows a report from ProPublica, which found that it was possible to buy a housing ad on the website excluding certain demographics.
By Hallie Busta • Nov. 11, 2016 -
Under Armour unveils first phase of 50-acre Baltimore campus
The project is located at the $5.5 billion Port Covington redevelopment, which received the biggest tax-increment funding deal in the city's history.
By Kim Slowey • Nov. 11, 2016 -
Deep Dive
The key to succession: How planning ahead can ensure a smooth leadership transition
An effective construction firm succession plan is all about communication, internally and externally.
By Kim Slowey • Nov. 10, 2016 -
TX voters clear the way for new $1B Rangers ballpark
City-issued bonds worth $500 million will help fund construction of the stadium, which is expected to feature a retractable roof.
By Kim Slowey • Nov. 10, 2016 -
Intel acquires German commercial drone startup MAVinci
The acquisition of the flight planning software and algorithm firm positions Intel for vertical expansion in global UAV markets.
By Chris Wood • Nov. 9, 2016 -
Roper Technologies buys ConstructConnect as construction tech investments grow
Market watchers expect deal size and overall M&A volume to increase in the construction technology sector in 2017.
By Chris Wood • Nov. 9, 2016 -
Skanska USA, Smartvid.io partner to bring machine learning to field data analysis
The construction leader is looking to expand a pilot program for crunching voice, video and photo data for optimized job sites.
By Chris Wood • Nov. 9, 2016 -
Heavy-duty apparel startup Truewerk scores funding from sportswear company head, VCs
The seed funding round included the CEO of Seattle-based sportswear company Outdoor Research as construction workwear options grow.
By Chris Wood • Nov. 9, 2016 -
UPS planning to build 'mega' shipping center in Atlanta
The new hub is expected to attract e-commerce companies, whose businesses rely on shipping, to the Atlanta area.
By Kim Slowey • Nov. 9, 2016 -
Tesla announces plans to build second gigafactory in Europe
The company's Gigafactory 1 in Reno, NV, has sparked significant economic development in the area.
By Kim Slowey • Nov. 9, 2016 -
Toll Brothers breaks into Boise, ID market with Coleman Homes acquisition
The national homebuilder is planting a flag in the emerging tech town with a plan to target millennial homebuyers.
By Hallie Busta • Nov. 9, 2016 -
McDonald's $250M Chicago headquarters set for construction
The company said it expects to move into the 600,000-square-foot West Loop facility in 2018.
By Kim Slowey • Nov. 9, 2016 -
Warren Buffett's Clayton Homes snags top Kansas City, MO builder Summit Custom Homes
The acquisition marks the manufactured home company's continued push into the site-built market.
By Hallie Busta • Nov. 3, 2016 -
Deep Dive
5 tips to prepare construction sites for winter
Almost any task can be carried out successfully in the winter with a few safety precautions and additional cold-weather considerations.
By Kim Slowey • Nov. 3, 2016 -
IrisVR snags $8M in quest to 'reinvent' design and construction with virtual reality
The technology is rapidly changing construction by enhancing collaboration among stakeholders and improving job site safety.
By Emily Peiffer • Nov. 2, 2016 -
Smart building startup PointGrab draws $7M from new investors
The product tracks occupancy patterns to improve a building's operational and energy efficiency.
By Emily Peiffer • Nov. 2, 2016 -
Apple's $5B 'spaceship' headquarters set for Q1 2017 completion
The hyped project has faced its share of controversy after the main contractors were replaced midway through construction.
By Kim Slowey • Nov. 2, 2016 -
New CEO takes over PCL Construction in planned leadership transition
The shift is similar to the succession planning that many companies utilize in order to ensure smooth operations continue into the future.
By Kim Slowey • Nov. 2, 2016 -
Survey: Women, minorities missing from architecture leadership
The findings also revealed a pay discrepancy in the industry, with women earning only 76% of what their male counterparts earned.
By Kim Slowey • Nov. 1, 2016 -
Deep Dive
The Future of the Field: From the Navy to the shop, how one young pro is recruiting the next generation
Mentoring has been key to this young professional's success in the industry. Here's what worked best for him.
By Hallie Busta • Nov. 1, 2016 -
Japanese builder Daiwa House buys into the US single-family market
The company is joined by other Japanese firms that have established a foothold in the U.S. through acquisitions.
By Hallie Busta • Oct. 31, 2016 -
Wynn's $2.1B Everett, MA resort casino slated for June 2019 opening
Plans for the original 2018 opening were stymied by neighboring communities' concerns over traffic and other environmental issues for the Boston-area project.
By Kim Slowey • Oct. 28, 2016 -
PulteGroup: What millennials want when buying a home
Hint: Much the same as previous generations, according to a survey of the homebuying behavior of older millennials with above-average incomes.
By Hallie Busta • Oct. 28, 2016 -
Johnmaxmena2 [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)], from Wikimedia Commons
St. Louis Cardinals plan $220M expansion of Ballpark Village complex
The development next to Busch Stadium will see the addition of retail, residential and office space by 2019.
By Kim Slowey • Oct. 27, 2016