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

Philippine regulator says bidding for PHP 17.5 billion Mactan Cebu International Airport project set in November
The Department of Transportation and Communications said the bidding for the PHP 17.5 billion airport project was set for November.
Consolidated Edison CEO and Chairman to retire by year's end
Kevin Burke, the long time CEO and Chairman of Consolidated Edison, announced his retirement from the firm by the end of 2013.
United Utilities shares increase on forecast revenues
The forecast of increased revenues and profits had the share prices of United Utilities increase significantly.
PE firms make profit from children care homes - report
A 52-page report commissioned by UK Education Secretary Michael Gove revealed that some private equity firms and property dealers benefited in excess from child care homes subsidized by the government
US authorities eye seizure New York luxury properties used in money laundering
US authorities want to seize real estate properties in New York that were used to launder money from Russia.
NoKor, SoKor agree on reopening of Kaesong industrial park on trial basis
The two Koreas agreed to resume operations of the Kaesong industrial zone on a trial basis starting Monday.
Integrated Electrical Services completes MISCOR Group purchase
Integrated Electrical Services Inc. announced today the completion of acquisition of MISCOR Group Ltd. paid through a combination of cash and stock.
General Growth spends USD 567 million to buy back shares
General Growth Properties spent USD 567 million to repurchase shares, mostly from Pershing Square Capital Management.
Beijing Enterprises Water to acquire projects in China
According to a regulatory filing with the Hong Kong Stock Exchange, Beijing Enterprises Water Group Ltd. would acquire nine water and sewage treatment projects in China.
Emily Blunt, John Krasinski purchase USD 2 million house for new addition to family
Hollywood couple Emily Blunt and John Krasinski bought a new mansion in Ojai, California as actress confirmed her pregnancy.
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