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St. Louis Construction Firm Blames Roofer for $1.5M in Damages

2 years 1 month ago
From St. Louis Business Journal:  A large St. Louis construction company claimed in October that it’s out at least $1.5 million due to the actions of a roofing firm it hired. Midas Construction, which is part of Midas Enterprises, said in a lawsuit filed in St. Louis County Circuit Court that in 2022 and 2023 […]
Kacey Crawley

Public Projects Fuel Construction Spending Growth

2 years 1 month ago
From Construction Dive:  National nonresidential construction spending inched higher by 0.3% in September to a seasonally adjusted annualized basis of $1.1 trillion, according to a new Associated Builders and Contractors analysis. After a revision flipped May’s 0.2% drop to a 0.9% gain, September’s jump now indicates the 16th consecutive month of expansion, primarily due to […]
Kacey Crawley

SBF is guilty

2 years 1 month ago
The trial of Sam Bankman-Fried was long and complicated, but the jury's deliberations weren't. After a few short hours they've already returned a guilty verdict: The conviction cements Bankman-Fried as one of the largest financial fraudsters in history, whose victims suffered nearly $10 billion in losses after FTX misappropriated customer funds to spend lavishly on ...continue reading "SBF is guilty"
Kevin Drum