Utilities

Biden Administration to Provide $1.5 Billion Loan to Reopen Michigan Nuclear Power Plant, a First in the US

Officials in southwestern Michigan has announced that a nuclear power plant will be revived with a $1.5 billion loan from the Biden administration.


Godfreys: Leading Australian Vacuum Retailer Set to Close Doors for Good in May

Godfreys will permanently close stores after administrators failed to secure a buyer for the financially troubled company...

Texas' Largest Wildfire Caused by Power Line Ignition, Authorities Confirm

Xcel Energy admitted that its power lines ignited the Smokehouse Creek fire in the Texas Panhandle but denied negligence in infrastructure maintenance and operation...

Type One Energy to Transform Tennessee Coal Plant Into a Fusion Reactor

Type One Energy has unveiled its plan to repurpose the retired Bull Run Fossil Plant in Oak Ridge, Tennessee, into a prototype fusion reactor site...


Latest News

Ares Commercial Real Estate Corporation closes previously announced acquisition of Alliant Capital
Ares Commercial Real Estate Corporation said today that it has closed a previously announced deal to acquire Alliant Capital LLC.
BYD makes comeback thanks to gasoline-fueled cars
BYD Co Ltd is in the midst of a comeback thanks to a jump in sales of its gasoline-fueled cars.
Hankook Tire strikes deal with Daimler
Hankook Tire Co Ltd stepped up by striking a deal with luxury car maker Daimler AG to supply tires for its new Mercedes-Benz S-Class and E-Class sedans.
Etihad still waiting regulatory clearance for USD600 million Jet Airways deal
Etihad plans to invest USD600 million in Jet Airways after approval from Indian authorities.
Demeure raises USD4 million in seed funding
Canada-based Demeure announced receiving USD4 million from its third round of seed funding.
Bloomberg: Blackstone Group to buy Dutch developer Multi Corp
According to a Bloomberg report, Blackstone Group LP's real estate unit would take over Netherlands-based Multi Corp.
Renault COO to step down
Renault SA COO Carlos Tavares would step down after publicly revealing desire to run General Motors Co or Ford Motor Co.
Elster acquisition boosts revenues of Melrose Industries
The purchase of Elster helped Melrose Industries increase its revenues for the first half of this year.
Qantas reports profit despite international loss
Despite a beleaguered international division, Qantas Airways posted an annual profit of AUD5 million.
Senate Investigations Panel examines records on JPMorgan FERC probe
The US Senate investigation panel had asked energy regulators to hand over documents from an investigation with JP Morgan Chase & Co.
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