Market Chatter: BlackRock Signs Deal With Unions for AI Construction Jobs

MT Newswires Live
Aug 10

BlackRock (BLK) has signed a deal with labor unions to secure construction jobs for new data centers and energy projects, Bloomberg reported Monday, citing a company statement.

BlackRock and its $30 billion joint venture with Microsoft (MSFT) and other large technology companies will provide details about upcoming projects with North America's Building Trades Unions, the report said, citing the statement.

BlackRock and the NABTU didn't immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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