Jabez Territories is planning a $110 million, 141-acre mixed-use development in Kansas City, Mo. The project would include nearly 300,000 square feet of retail and office space, and 231 single-family homes.
Federal regulators have cleared BP's sale of a half-share in a Toledo, Ohio, refinery to Canadian producer Husky Energy. BP agreed to sell its stake to Husky in December and also agreed to buy Husky's half-stake in a Canadian oil field.
A group that had opposed the construction of the Sunset Beach Bridge in Myrtle Beach, S.C., has ended its bid to block the bridge, clearing the way for the project. A federal judge in January ruled that the $30 million project can move ahead.
Despite the U.S. economy shedding 17,000 jobs in January, the unemployment rate dropped by one-tenth of a point from December to 4.9%. Losses in construction and manufacturing led the downturn while employment in the service sector continued to grow.