Monthly Archives: September 2024

Cybersecurity firm flags attack on construction accounting system

View the Full Post Here Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Ellicott City, Maryland-based cybersecurity firm Huntress has discovered an emerging threat for users of Foundation Software, which bills itself as serving 43,000 construction professionals nationwide. In a Sept. 17 report, […]

Construction pros expect interest rate cut to spur new work

View the Full Post Here Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. Construction executives welcomed the Federal Reserve’s 0.5 percentage point rate cut announced on Wednesday, saying the move is the start of broader easing likely to spur new project starts. “If we have […]

Signs that a project partner is in distress

View the Full Post Here Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Dan Rosenberg is a construction attorney at law firm Much Shelist, where he supports clients in construction, design, real estate and insurance matters. Prior to that, Rosenberg was the general counsel for […]

White House creates AI infrastructure task force

View the Full Post Here Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: The Biden administration convened leaders from artificial intelligence companies, hyperscalers, data center operators and utilities on Sept. 12 to strategize how to meet the country’s infrastructure needs for AI projects, […]

Lendlease completes sale of $1.8B of work to Consigli

View the Full Post Here Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Lendlease is continuing its efforts to pull out of or wrap up its international work. This month, the company completed the sale of its New York and New Jersey business and struck […]