Tag: loss
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Fluor posts Q3 loss, remains bullish on power projects
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Fluor swung to lower revenue and a third-quarter loss after a court ruling in Australia forced a $653 million charge, but executives remained optimistic about its shift toward reimbursable megaprojects, according to remarks during the company’s third…
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Loss of 179D deduction could derail office conversions
The 940-page domestic policy bill that President Donald Trump signed into law July 4 could make owners less likely to fix up troubled properties or convert them to other uses, say supporters of the Section 179D commercial building energy efficiency deduction. The new law eliminates the 20-year-old tax deduction that supporters say gives owners the…
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Breakthrough ‘plastic’ mortar could slash heat loss in buildings by 55%
A groundbreaking new mortar mix developed by scientists from Newcastle University could transform how homes are built. By swapping out traditional sand for recycled plastic and high-tech aerogels, researchers have created a lighter, eco insulation material that reduces heat loss by up to 55%. This innovation could mean lower energy bills, less plastic waste and…