Engineers Voice

At first, there was the “Leaning Tower of Paris”, and then there was the “Malsyasia Pertronas Twin Tower”, and now we have the “Swedish Twisted Tower”.

The “Turning Torso” tower, built by the Swedish housing association HSB, counts as one of Sweden’s most debated construction projects. During the spring 2005, the building won a prestigious award at a property-industry trade fair in Cannes. Now, a sister building is planned for construction in New York City. Read more »

Home-mortgage financier Freddie Mac said Friday it expects to report losses for the third and fourth quarters of 2006, citing interest rates declines. Read more »