OTHERS Archive

Skanska hopeful on being reimbursed for U.S. cost increases

Swedish builder Skanska said on Wednesday it was hopeful clients would reimburse it for cost increases in U.S. projects that hit its profits in the third quarter. Skanska said last week it would book 630 million crowns ($74.1 million) in writedowns in the period for higher costs in projects in the United States, its single-biggest [&hellip

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25 US cities where rental prices are red hot

Renters in the US are seeing the prices of their units grow and grow, and it’s worse in some markets than others. Altisource’s RentRange compiled data on the housing markets where rents are rising the fastest. “The RentRange data shows that cities in the South and West generally had the greatest increases in home rental [&hellip

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These 15 startups are out to disrupt one of the oldest industries in the world

A cluster of startups are looking to disrupt one of the oldest industries in the world: insurance. Insurance has been around for thousands of years. The earliest instance of insurance law is believed to date to King Hammurabi, about 1700 BC. Business Insider spoke with venture capitalists, CEOs, and entrepreneurs around the world about startups [&hellip

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The VW emissions scandal created a gap for this world-changing piece of car technology

Castrol, the British producer of industrial and automotive lubricants, has launched a new piece of technology that could radically change the car industry by 2020. The Nexcel fuel cell marks one of the most significant oil change innovations in automotive history. The container, which can be easily popped in and out of a car, makes [&hellip

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Building houses in Britain is like printing money right now

House builder Barratt Developments put out its full-year results on Monday and they underline just how hot Britain’s property market is at the moment. Revenue in the year to June 30 jumped 19.1% to £3.7 billion ($5.7 billion), while pre-tax profit shot up a crazy 44.8% to £565.5 million ($870.8 million). That’s a huge jump. [&hellip

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The 11 richest millennials in the world

The 11 wealthiest millennials have quite a bit in common — aside from being rich beyond comprehension. Three of the 11 wealthiest millennials on this list worked at Facebook FB, +0.12%  . Another three made their fortunes in the sharing economy. Seven of the richest people under the age of 35 live in the U.S., [&hellip

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Meet the former Nigerian refugee who became Floyd Mayweather’s favorite supercar dealer

Obi Okeke first came to the United States as a 5-year-old refugee during the Nigerian Civil War in 1967. His mother, from Ohio, was able to leave the country with him, but his father, who was born in Nigeria, stayed to fight. Over four decades later, Okeke, now 53, is a fixture in the luxury [&hellip

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Apple will double the cost of next Apple TV

Executives at Apple Inc. are debating a starting price of either $149 or $199 for the next generation of Apple TV, according to 9to5Mac.com, citing sources. That would be more than double the cost of the $69 Apple AAPL, -1.07%   now charges for Apple TV. The new version will include an App Store and Siri [&hellip

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