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Author Archives: BridgeTower Media Newswires

Construction employment up in July, but spending down in June (access required)

The building sector of the U.S. economy added 22,000 new jobs last month, but a pullback in spending in June shows “the uneven nature of the construction industry’s recovery.” That’s the conclusion of the Associated General Contractors of America’s latest ...

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Dollar Tree buying Family Dollar for $8.5B

Dollar Tree is buying rival discount store Family Dollar in a cash-and-stock deal valued at about $8.5 billion. Stockholders of Family Dollar Stores will receive $59.60 in cash and the equivalent of $14.90 in shares of Dollar Tree for each ...

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Feds aim to crack down on dangerous dust (access required)

Contractors who already take steps to reduce exposure to crystalline silica would need to ramp up their efforts if proposed federal rules were to become law. The proposed federal Occupational Safety & Health Administration standards have passed through a lengthy ...

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Study focuses on cross laminated timber (access required)

Building a residential tower with cross laminated timber could be slightly cheaper than a comparable concrete structure, according to a recent study by three Pacific Northwest firms. Mahlum Architects, Walsh Construction and Seattle-based structural engineering firm Coughlin Porter Lundeen teamed ...

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National construction spending edges up (access required)

Construction spending increased for the third straight month in May, reflecting an increase in private nonresidential and public construction and a decrease in residential projects, according to the Associated General Contractors of America, which relies on data from the U.S. ...

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Employment rates drop again for law grads (access required)

Employment rates for law school graduates dropped again for a sixth year in a row to 84.5 percent, according to a recent National Association for Law Placement survey. According to the employment report, even though there were more employment opportunities ...

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Significant improvement seen in mortgage payments,foreclosure (access required)

More homeowners are staying current on their mortgage payments, according to a new report issued by the Office of the Comptroller of the Currency. A study of first mortgages with large national and federal savings banks showed 93.1 percent of ...

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Dolan wins bankruptcy court approval of its reorganization plan

The Dolan Company, the owner of The Idaho Business Review and a provider of legal-support services and business and legal affairs publications,  won bankruptcy court approval June 9 of a reorganization plan that gives ownership to its lenders. The reorganization ...

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Feds take a new look at patient data protection (access required)

The federal government is imposing new rules and conducting fresh audits related to the protection of medical record privacy. The government’s target: healthcare providers and a wide range of entities with access to the data. The U.S. Department of Health ...

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National industrial vacancy falls to 11.1 percent (access required)

The first quarter of 2014 proved kind to every major commercial property type nationally as recently released industrial numbers showed gains in occupancy and rental rates. According to data compiled by CB Richard Ellis, a commercial real estate company with ...

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