Amazon exceeded second-quarter profit expectations by earning $7.8 billion, or $15.12 per share, but it failed to meet analyst expectations for sales, which increased 27% year over year to $113.1 billion. The company's performance was fueled by continued diversification into different business segments, such as cloud computing and advertising.
Roughly 20% of Iowa's bridges are in poor condition, meaning they are not necessarily dangerous but need to be repaired or replaced, according to the state Department of Transportation. The latest regular inspection of Iowa's nearly 24,000 bridges has also found more than 42% in fair condition and almost 40% in good condition.
The Miami-Dade Police Department has barred structural consultant Allyn Kilsheimer from visiting the site of the Champlain Towers South condominium in Surfside, Fla. The city's mayor says that impedes the ongoing investigation into the building's partial collapse. Meanwhile, the police have issued a request for qualifications for local structural forensic engineering services to investigate the cause of the disaster, whose death toll now stands at 98.
SmartTake: The police cite "conflicts or associations with the building or the Town of Surfside" to justify blocking Kilsheimer. However, it says it is "willing to be a liaison with NIST engineers and communicate well with MDPD homicide investigators." Kilsheimer is a world-renowned engineer, and the police's explanation for keeping him off site could be perceived as vague, creating more questions than answers.
Pay-fors in the Senate's bipartisan infrastructure plan include $205 billion in unspent pandemic relief funds, $87 billion from spectrum auctions for 5G services, $53 billion in unemployment insurance aid and $49 billion from delaying a Medicare rebate rule, according to a Republican summary of the plan. The plan would also reinstate a tax on chemical manufacturers and would crack down on a tax enforcement for cryptocurrencies.
Well-depleting drought has been compounded by federal refusal to release water from the Upper Klamath Lake, leaving many Oregon residents along the California border scrambling for water. More than 300 wells may have gone dry in recent weeks, and there is a long wait list for well drilling.
A university in Loughborough, England, will use a $700,000 grant from the Wolfson Foundation to create a world-first slope simulator to better understand often deadly landslides and earthwork failures. The plan is to build a tilting table to hold large-scale slopes that will be successively wetted and dried to simulate slope deterioration over time.
The Florida Department of Transportation is looking to save money on improvements to Interstate 4 by shifting its focus to toll or carpool lanes from elevated lanes. The department is value-engineering the project to ensure the reduced price yields similar safety and congestion relief.
The estimated cost of two reactors at Georgia's Plant Vogtle has increased by $1 billion, according to Southern Co. The company says construction of the $27 billion-plus project is taking longer than expected, with Unit 3 expected to come online in the second quarter.
Amtrak has a shared a 15-year plan to add service to 160 communities across 39 routes, including routes that connect Tucson, Ariz., to Phoenix and Los Angeles. The plan has garnered support from mayors in cities between Tucson and Phoenix.
Planning began in 2017 and construction began last month on the RiverRenew project in Alexandria, Va., providing a brief time frame to complete work to reduce combined sewer overflow. Such projects normally take much longer, and this one, which has a deadline of July 2025, involves a 2-mile-long tunnel, two diversion facilities, several deep shafts, two pumping stations and expansion of a sewer.
- Page 1