EDF, Constellation agree to conditions for joint venture that could lead to new reactor in Md.
Constellation, EDF agree on nuclear venture terms NRC says next-generation reactor being designed by Westinghouse doesn’t pass safety testWASHINGTON — The Nuclear Regulatory Commission raised safety concerns Thursday with the design of a proposed next-generation reactor to be built by Westinghouse Electric Co., saying a key part of the reactor may not withstand a tornado, earthquake or even high winds. Amid opposition from banks and businesses, House panel begins push on financial overhaulWASHINGTON — A key House panel moved to tighten rules on previously unregulated financial instruments Wednesday, a long-awaited step toward governing the obscure and complex transactions at the heart of the troubles that befell some of Wall Street’s most well-known financial houses. Obama steps up push for financial reforms, urges Congress to create consumer protection agencyWASHINGTON — President Barack Obama fought to keep his proposed banking overhaul on track Friday, casting the political struggle ahead as one between big financial interests and average Americans victimized by complex or unscrupulous financial transactions. Florida Power & Light agrees to $25 million penalty for 2008 blackout, agrees to enhancementsMIAMI — The Florida Power & Light Company must pay a $25 million penalty for a massive outage that left hundreds of thousands of customers without power last year, according to an agreement announced Thursday. As Congress probes ratings agencies, allegations by 2nd former Moody’s employee come to lightWASHINGTON — A former employee of Moody’s Investors Service warned federal regulators in March about deficiencies in the credit rating agency’s monitoring of municipal bonds after being rebuffed by Moody’s executives, a document shows. Utah board won’t place moratorium on disposal of depleted uranium in stateSALT LAKE CITY — Utah’s Radiation Control Board Tuesday refused to block the disposal of depleted uranium in the state, clearing the way for shipments next month of the low-level radioactive waste. Head of major exchange worries about SEC, CFTC “harmonizing” regulations, oversightWASHINGTON — Two agencies with oversight of the financial markets on Wednesday started coordinating their rules to eliminate differences involving similar types of investments, while the head of a major U.S. exchange said those efforts could do “more harm than good.” AstraZeneca says Brilinta anti-clotting drug reduces chance of dying better than PlavixBARCELONA, Spain — A new drug to prevent blood clots in heart patients reduced their chances of dying by more than 20 percent compared with the standard treatment, new research says. Study shows experimental drug cuts stroke risk in patients with irregular heartbeatsBARCELONA, Spain — An experimental drug reduces the stroke risk in patients with irregular heartbeats by nearly four times, compared with the popular drug warfarin — but possibly at a cost, according to new research released Sunday. New anti-clotting drug reduces heart patients’ chances of dyingBARCELONA, Spain — A new drug to prevent blood clots in heart patients reduced their chances of dying by more than 20 percent compared to the standard treatment, new research says. Facing billions in losses, postal officials consider closing or consolidating post officesWASHINGTON — A pillar of U.S. communities since the nation’s founding, the post office is facing the prospect of closings or consolidation of services at hundreds of locations amid a sharp decline in business due to e-mail. Europe fast-tracking swine flu vaccine _ raising concerns among some expertsLONDON — In a drive to inoculate people against swine flu before winter, many European governments say they will fast-track the testing of a vaccine, arousing concern among some experts about safety and proper doses. Venezuelan official says 240 radio stations to have licenses revokedCARACAS, Venezuela — The head of Venezuela’s telecommunications regulatory agency said Friday that 240 radio stations will have their licenses revoked for failing to update their registrations with the government. 1,000 transportation safety recommendations await action for lack of money, will or technologyWASHINGTON — Has the National Transportation Safety Board become the government’s “I-told-you-so” agency? Democrats at odds with industry on proposed agency to police consumer financial marketWASHINGTON — Democrats are pressing the Obama administration to find a way out of the foreclosure crisis as they moved ahead with plans to create a government agency that would police the market for risky or deceptive mortgages. SEC, CFTC chiefs agree on derivatives oversight as Congress works to overhaul financial rulesWASHINGTON — The heads of two federal agencies with financial oversight responsibilities have told Congress that their jurisdiction can be split over the instruments blamed for hastening the global economic crisis. Obama sets course for Wall Street giants, Main Street folks with new ‘rules of the road’WASHINGTON — From simple home loans to Wall Street’s most exotic schemes, the government would impose and enforce sweeping new “rules of the road” for the nation’s battered financial system under an overhaul proposed Wednesday by President Barack Obama. Government financial regulation shows historical swings between tightening and easingWASHINGTON — The pendulum of government regulation is swinging in a new direction. White House adviser Romer, GOP leader Boehner, part company on aspects of new financial rulesWASHINGTON — White House adviser Christina Romer said Wednesday the Obama administration’s proposal to overhaul the financial regulatory system should be accepted by Congress because “the status quo is not an option.” Obama to send Congress more work _ a sweeping fix of the nation’s financial regulationsWASHINGTON — A new consumer protection agency highlights a financial system overhaul President Barack Obama plans to unveil Wednesday in effort to avert future economic crises like the one still wreaking havoc at home and around the globe. Savings for dismantling nuclear plants are falling short, raising future risksVERNON, Vt. — The companies that own almost half the nation’s nuclear reactors are not setting aside enough money to dismantle them, and many may sit idle for decades and pose safety and security risks as a result, an Associated Press investigation has found. Obama wants new agency to protect consumers in their financial transactionsWASHINGTON — Setting up a certain fight with big business, President Barack Obama is about to recommend creation of a regulatory agency to protect consumers in their credit, savings and other banking transactions. AP IMPACT: Savings for dismantling nuclear plants are falling short, raising future risksVERNON, Vt. — The companies that own almost half the nation’s nuclear reactors are not setting aside enough money to dismantle them, and many may sit idle for decades and pose safety and security risks as a result, an Associated Press investigation has found. Official: Obama wants new agency to protect consumers in their financial transactionsWASHINGTON — An Obama administration official says the Treasury will propose the creation of a regulatory agency to protect consumers in their credit, savings and other banking transactions. SEC Chair says regulatory agency considering changes to CEO pay disclosure rulesNEW YORK — The Securities and Exchange Commission is considering changing a formula that critics say often allows public companies to low-ball in regulatory filings just how much top executives are paid. |
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