Interesting industry headlines from this week:
Construction in New York City Goes Through The Roof [Wall Street Journal]
"New York City is entering what could be the biggest building boom in a generation, census figures show, as work gets under way on hundreds of residential projects in neighborhoods across the city." Read more
NASA, USDA agreement could lead to major farming improvements [KTAR News]
"USDA Deputy Secretary Krysta Harden said the deal could use NASA satellite images to help the farmers deal with a lack of water and other problems in their fields." Read more
With no sign of oil price rebound, Shell wields axe again [Reuters]
"Shell said it anticipated 6,500 staff and direct contractor reductions globally in 2015 from a total of nearly 100,000 employees, as it grapples with a halving in oil prices to around $55 per barrel in a year." Read more
Farming in the Sky: Inside a Wall Street-Backed Vertical Farm [Fox Business]
"The new $39 million facility will transform an old steel mill in Newark’s Ironbound neighborhood. Goldman Sachs, who is picking up the majority of the cost through its Urban Investment Group, says it’s marking an important step in the revitalization of a largely working class area." Read more
Is Power of Sibera a pipeline of the future? [Global Risk Insights]
"The pipeline would lessen Russia’s dependence on the European gas market and in turn, provide greater leverage in its dealings with Western Europe. Consequently, Putin would gain more leeway to pursue an expansionist policy towards Russia’s former satellite states." Read more
