building

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Poorly Built Schools Stood No Chance in Earthquake

Up to 10K kids died; parents blame gov't

(Newser) - As a massive earthquake shook Sichuan province, subpar construction turned many Chinese schoolrooms into the mass graves of as many as 10,000 children, the New York Times reports, and grieving parents are pointing fingers at Beijing. The government, aware of the problem, had issued warnings on school safety in...

Condo Glut Floods Cities
 Condo Glut Floods Cities 

Condo Glut Floods Cities

Bargains abound as boom-time projects completed

(Newser) - A deluge of new condos is about to hit many American cities already flooded with an unprecedented number of unsold units, the Wall Street Journal reports. This year, thousands of projects started at the height of the housing boom will be completed; oversupply and economic slowdown are likely to cause...

US Sees Worst Decline in Jobs Since 2003

Payrolls dropped by 63,000; recession fears intensify

(Newser) - The US lost 63,000 jobs in February, the second straight month payrolls contracted and the worst drop since 2003, catching economists off guard and fanning fears of recession anew, Bloomberg reports. Economists hoped the economy would add 23,000 jobs after declining a modest 17,000 in January, when...

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