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Skyscrapers have ‘unhealthy’ link to financial crises

The construction of enormous skyscrapers has an “unhealthy” link with looming financial crises and investors should therefore keep a close eye on China and India, Barclays Capital said on Wednesday. China is currently the biggest builder of skyscrapers, while booming India is constructing the second largest tower in the world, the investment bank said in its latest…

Jordanian man gets 24 years for attempting to blow up Dallas skyscraper

A 20-year-old Jordanian man was sentenced Tuesday to 24 years in prison for attempting to bomb a skyscraper in Dallas, Texas in September 2009, the Justice Department said. Hosam Maher Husein Smadi originally pleaded not guilty to a charge of attempting to use a weapon of mass destruction after his…

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