Big-D named top
Big-D Construction was recently ranked by Engineering News Record as one of the Top 100 design-build firms in the nation by revenue. The Salt Lake City-based contractor was the only Utah company to make the list. It was ranked 56th, up from 92nd in 2011.
Cuisine Unlimited owner Maxine Turner has been presented with KeyBank Utah's Key4Women Achieve Award. The award is given to a women entrepreneur who successfully executes her business vision, contributes to the community and shows a willingness to serve as a model and resource to other women entrepreneurs.
Australian papers face job cuts
Publisher Fairfax Media intends to shed 1,900 jobs over three years, almost one-fifth of its staff. It will also erect pay walls for two flagship newspapers. The company said it's giving itself the flexibility to ditch its print operations entirely if that's what consumers demand. Fairfax owns more than 300 newspapers and radio stations in Australia and New Zealand, including The Sydney Morning Herald.
mines more safely
Federal prosecutors say Alpha Natural Resources has cut its accident rate in the six months at various mines since a $210 million settlement that spared a former operator criminal charges over a 2010 mine explosion that killed 29 workers. The blast killed 29 men in the mine formerly owned by Massey Energy and led to the retirement of its CEO.
at five-year high
Confidence among U.S. builders ticked up this month to a five-year high, a sign the housing market could be slowly improving. The National Association of Home Builders/Wells Fargo builder sentiment index rose one point in June, to 29, the highest since May 2007. Still, any reading below 50 indicates negative sentiment.
ongoing, SEC says
The Securities and Exchange Commission's review of JPMorgan $2 billion trading loss is "ongoing" and may include a look into the accuracy of the bank's financial reporting, SEC Chairman Mary Schapiro said in remarks prepared for a hearing Tuesday before the House Financial Services Committee in Washington.
Facebook is bringing one of its long-term vendors, facial-recognition technology company Face.com, in-house. The Israeli company's technology helps people tag photos on the Web by figuring out who is in the pictures. Face.com announced the purchase on its blog on Monday. Financial terms were not disclosed.