U S DOT Announces Latest Round of INFRA Grants | Nossaman LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Dive Brief:
On its first earnings call with Wall Street analysts in 16 months yesterday, Granite Construction issued a mea culpa for accounting irregularities in its heavy civil group that led to an internal investigation as well as subpoenas from the Securities and Exchange Commission. But the firm reported that even as it continues to work to put the issues behind it, it sees opportunity ahead in increased federal and state spending coming out of the pandemic.
After issuing restated financials last week for 2017, 2018 and the first nine months of 2019, Granite reported third quarter year-to-date results for 2020 on Thursday, edging one step closer to getting its books back into compliance. Revenue of $2.6 billion for the nine months ending Sept. 30 was up 2.2% for the year. It ended the third quarter of 2020 with a backlog of $4.2 billion, which it said was modestly higher than second-quarter results, but 10% lower than the $4.7 billion it reported in 2019 s third quarter.
Release of Biden s infrastructure plan details delayed constructiondive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from constructiondive.com Daily Mail and Mail on Sunday newspapers.
ROBIN WEINER
On Friday the Democrats unveiled their most recent version of the $1.9 trillion COVID relief legislation that the Biden Administration has been promising since “Day One”.
Recall that Nancy Pelosi blocked all efforts by the Trump Administration to pass such legislation prior to the election for the purpose of preserving suffering by Americans as a Democrat party issue.
“No sacrifice is too great for the American public to endure if it means getting more Democrats elected to office.” That’s straight from the Democrat Party Platform at the DNC telethon back in July I’m sure I read it in there somewhere.
House COVID-19 Relief Bill Contains Over $100 Million for California Electric Train theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.