25 years ago: WorldCom announces the massive takeover of MCI Bernard Ebers On October 1, 1997, WorldCom Corporation announced its intention to launch a $30 billion takeover of MCI, marking a quantum leap in the takeover fever that had begun to sweep through the telecommunications and telecommunications industries. in theRead More →

Local and multinational companies are ramping up their semiconductor investments in India, and Google may manufacture Pixel phones in India to diversify its supply chain. Vedanta-Foxconn manufacturing site to be finalized in two weeks After Gujarat Government announcement a Memorandum of Understanding with Vedanta-Foxconn JV to set up display andRead More →

Urban Alchemy’s Head of Government and Community Affairs Kirkpatrick Tyler speaks to stakeholders in Little Tokyo. RAFU STAFF REPORT A plan to open a crisis intervention center for the homeless along a historic section of Little Tokyo has drawn a mix of reactions from shopkeepers and residents, including calls forRead More →

Craven District Council’s planning committee yesterday rejected proposals for Springfield Crescent over proposed house design and density. However, the Concert Living developers have already filed an appeal against an identical application for the site which has not yet been decided by the government’s town planning inspectorate. The appeal comes afterRead More →

September 02, 2022 Two schools of thought regarding downtown Mount Airy – a need to plan for the future versus a sense of “leaving Main Street alone” – collided head-on during a heated public hearing Thursday night. And after listening to more than an hour from 18 speakers – thoseRead More →

Local MP Munira Wilson has tabled an amendment to the Government’s Leveling and Regeneration Bill which would remove any ambiguity in the law regarding the sale of public property. Alongside the people of Teddington, Ms Wilson has campaigned for many months for the sale of Teddington Police Station, a publicRead More →

It turns out there’s still life in the previously closed Iron Works project in Catasauqua, as several entities have expressed interest in developing the former industrial site with the borough. Borough attorney Thomas Dinkelacker said officials received five such “expressions of interest,” four of which were from outside the LehighRead More →

Discuss options for primary school The Osceola School District continued discussions about aligning and expanding facilities to better meet education, safety and security goals. Over the next few years, the district recognizes that a significant investment will be required at Osceola Elementary School. Throughout the summer, the board engaged inRead More →

Including the Civic Car Park and surrounding public realm, the development opportunity consists of council-owned land between Hosier Street, Queen’s Walk and Castle Street. The objective is to implement a major regeneration plan for the district for the years to come, with approximately 600 apartments offered on surroundingRead More →

NORFOLK — In a quiet residential neighborhood near Booker T. Washington High School, a towering industrial site looms. Gray, painted sheds were overgrown with vines and underbrush, and rusted side panels fell off in some places. The 18-acre eyesore was once owned by Globe Iron Construction Co., a steel fabricationRead More →

(Photo courtesy of Terex Materials Processing) Global manufacturer of materials processing machinery and aerial work platforms, Terex Materials Processing (MP), has announced the acquisition of Canadian company ProAll, a specialist producer of mobile volumetric concrete mixers. ProAll traces its history to the companies that were originally founded in the mid-1960sRead More →

The following is the online tribute by David North, President of the Socialist Equality Party (USA), at the funeral of Sri Lankan SEP President Wije Dias held in Colombo on Saturday July 30. Comrade Dias died at home on July 27 of a heart attack. attack just a month beforeRead More →

The US economy has taken another major step towards recession, with economic output contracting for the second consecutive quarter, a situation often referred to as a “technical recession”. When the first quarter results were released, they were generally presented as having no real significance, the result of a statistical aberration.Read More →

The now defunct industrial pig farm which was built on the site of the former concentration camp for Roma in Lety u Písku. (2019) (PHOTO: Museum of Roma Culture, Czech Republic) In Lety u Písku, Czech Republic, demolition will begin on July 22 of the former industrial pig farm whichRead More →

This map shows the location of the proposed Edwards River Park site. The nearly 105-acre lot was recently put up for sale. Courtesy picture After a nearly two-year eligibility process – culminating in approval from the Eagle County Board of Commissioners in October 2021 – the land known as EdwardsRead More →

A major Ottawa company known for its environmentally friendly housing projects wants to build a new group home for adults with physical disabilities as well as two apartment towers containing hundreds of residential units near the old Lincoln Fields Mall site. Windmill Development Group recently applied to construct three buildingsRead More →

RWE is to acquire the “Magnum” gas-fired power station in Eemshaven, the Netherlands, in the province of Groningen from Vattenfall. The two companies have signed an agreement to this effect. The plant, which has been in operation since 2013, is one of the most modern power plants of its kindRead More →

Travis Head bought his Tennyson home for entertainment, but four years later is selling this beachfront wonder. He fought on the holiest cricket grounds in the world – and now Australian cricketer Travis Head is hoping to win big when he sells his Tennyson home at auction next Saturday. HeadRead More →