How Portland, Ore., Recovered a Stolen $6.7M Payment Meant for MWH-Kiewit

How Portland, Ore., Recovered a Stolen .7M Payment Meant for MWH-Kiewit

A cybercrook impersonating an MWH employee in emails tricked the city of Portland, Ore. last March into sending them a $6.7 million filtration plant project payment. The money could have been out of reach. But a payment platform that entangled the crook, alerting bankers to possible fraud who then prompted quick action from Portland financial managers, […]

House Passes Bills Aimed at Streamlining Energy Project Permits

House Passes Bills Aimed at Streamlining Energy Project Permits

Through mostly partisan votes, lawmakers in the House of Representatives advanced legislation Sept. 18 that proponents say will accelerate some energy-related projects, but some Democrats warn will raise energy prices.  The Promoting Cross-border Energy Infrastructure Act has a goal to make the process to authorize construction of international border-crossing facilities for import and export of […]

Developer Pauses $200M Milwaukee Mass Timber Tower, Citing Tariffs and Material Costs

Developer Pauses 0M Milwaukee Mass Timber Tower, Citing Tariffs and Material Costs

Citing tariffs and escalating material costs, the developer of The Edison, a $200 million, 32-story mass timber-concrete hybrid building in Milwaukee has paused the project planned to be one of the world’s tallest buildings of its type  Neutral, the Madison, Wis.-based developer of the 378-unit residential building said in a statement that it has temporarily […]