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Local Skanska office completes Bell County Jail project
The San Antonio office of Skanska USA Building Inc. has completed construction on a new 177,000-square-foot jail annex in Belton, Texas.
Bizjournals.com

A&B's Maui projects will resume
Construction at Alexander & Baldwin's redeveloped mixed-use Kahului Town Center on Maui could start by the end of the year after a year-long delay.
BizJournals

Conference Board: U.S. could lose another 2 million jobs
After the nation shed 2.6 million jobs in 2008, The Conference Board projects that the United States could lose 2 million more jobs this year.
Bizjournals.com

China chemical plant project moved after protests
China's environment ministry has given the go-ahead for a chemical plant that provoked protests among residents worried over potential health hazards, after the project was shifted to another location. The Environment Ministry announcement, released Tuesday,...
San Francisco Chronicle

Palomar Hotel project dropped by Gatehouse
Less than six weeks after Gatehouse Capital chief executive officer Marty Collins told The Business Journal his company's $145 million Kimpton Palomar Hotel and Residences would be delayed a year or two, the Dallas-based development firm has canceled plans for the 184-room hotel and 70-unit condominium project.
BizJournals

Sony Warns of Profit Loss, Gropes for Solutions
Sony projected it would report its first annual net loss in 14 years Thursday, and Chief Executive Howard Stringer vowed to turn around the company with pay cuts, job reductions and trendier gadgets. 'The massive economic upheaval being experienced across the globe is sparing no one in the consumer electronics world,' Stringer said at a hastily called news conference.
E-Commerce Times

Agrawal to resume fast against hydel projects
In a showdown with the Centre and the Uttarakhand government over hydel projects, environmentalist GD Agrawal will again begin his indefinite fast from tomorrow as part of his save Bhagirathi campaign.
Business Standard

Infosys to hire 27,000 by March
Infosys Technologies said it will hire around 27,000 professionals by March this year, up from around 25,000 annual hiring the firm had projected earlier.
The Times Of India

BRE, Equity Residential Halt Apartment Developments
San Francisco-based apartment builder BRE Properties, Inc. (NYSE: BRE) announced it will halt work on three West Coast developments in the planning and predevelopment stages, lay off 33 employees, or 4% of its workforce, and start no new projects this...
CoStar Group

Chevron postpones N.L. drilling plans
Company delays Orphan well project in wake of high drilling and rig costs estimates
The Globe and Mail

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