In trading on Tuesday, general contractors & builders shares were relative leaders, up on the day by about 5.6%. Leading the group were shares of Beazer Homes USA (BZH), up about 8.1% and shares of Toll Brothers (TOL) up about 7.9% on the day.
An artistic rendition of the $2.5bn Omagine Project (Source: omagine.com)
Gulam Ali Khan
May 21, 2016
In view of the current weak economic conditions in the GCC region due to the slump in oil prices,...
Saudi Arabia might pay government contractors with IOUs.
Bloomberg's Matthew Martin and Archana Narayanan
report that the kingdom told banks it was "
considering giving contractors IOUs to settle some outstanding bills."
A key plaintiff in a driver class action against Uber said he does not support a proposed settlement in which thousands of drivers would receive up to $100 million, but remain independent contractors instead of employees.
Pentagon acquisition chief Frank Kendall has been complaining of late that the ranks of military contractors are becoming too concentrated, potentially stifling innovation. However, there isn't much evidence to suggest that sheer bigness gets in...
Mark Zuckerberg, CEO of Facebook Inc (NASDAQ: FB), said he found "no evidence" with respect to a report that said the social media giant's contractors "routinely suppressed conservative news" in trending topics.
Zuckerberg responded to the...
Lyft Inc. raised its proposed payout to 163,000 California drivers to $27 million in their lawsuit to be treated as employees rather than contractors. The revised settlement comes after a San Francisco federal judge rejected an earlier $12.5...