David Benson

Nomura Reeling From Lehman Hangover as Shibata Vows No Retreat

At 8 a.m. on Jan. 10, Takumi Shibata, chief operating officer of Nomura Holdings Inc., walked into the firm’s London boardroom overlooking the River Thames to try to salvage the 2008 acquisition of the European and Asian units of bankrupt Lehman Brothers Holdings Inc.

Exelon Slows Oyster Creek to Replace New Transformer

Exelon Corp. expects its Oyster Creek reactor in New Jersey to remain at reduced power for “several weeks” to replace a transformer that was installed just last month, the company said.

Exelon Has Pump Failure During Oyster Creek Nuclear Plant Start

Exelon Corp. said a recirculation pump at its Oyster Creek generation station in New Jersey had a malfunction during the start up of the nuclear reactor.

Volcanic Plume Provides a Short-Term Boost to Europe's Recovering Hotels

European hotels, still recovering from last year’s recession, may get a temporary boost from the plume of volcanic ash spreading across Europe.

U.S. Nuclear Output Rises as Hatch Unit in Georgia Boosts Power

U.S. nuclear output rose 0.3 percent after Southern Co. boosted its Hatch 1 reactor in Georgia and Exelon Corp. shut its Oyster Creek unit in New Jersey, the Nuclear Regulatory Commission reported.

News Corp. Response to Hacking Was ‘Deficient,’ Expert Said

News Corp.’s response to allegations of hacking from its U.S. marketing arm was “rudimentary and deficient,” according to an expert hired by a New Jersey company that said its password-protected website was accessed illegally.

U.S. Nuclear Output Little Changed on Millstone Boost

U.S. nuclear output was little changed at 95 percent of capacity as Dominion Resources Inc. boosted its Millstone 2 reactor in Connecticut and Exelon Corp. slowed its Oyster Creek unit in New Jersey, the Nuclear Regulatory Commission reported.

U.S. Nuclear Output Little Changed as Surry 1 Starts in Virginia

U.S. nuclear output was little changed as Dominion Resources Inc. started a reactor in Virginia and boosted its Millstone unit in Connecticut, a Nuclear Regulatory Commission report today showed.

U.S. Nuclear Output Little Changed on Florida Startup

U.S. nuclear output was little changed as NextEra Energy Inc. started its Turkey Point 4 reactor in Florida and Southern Co. shut its Hatch 1 unit in Georgia, the Nuclear Regulatory Commission reported.

"We do not feel now is the right time to reduce that cushion."

- David Benson on Feb 27, 2012

New Jersey

Atlantic City

Nuclear Regulatory Commission

London

Hagel Sets Furloughs for 680,000 Workers Starting July 8

S&P 500 Rallies to Record on Increased Economic Optimism

GE’s Last Consumer Stand Gets $1 Billion Plus New Chief

Disney’s ABC Adds ‘Avengers’ Show to Female-Skewing Schedule

Tesla’s Straubel Keeps Motors Rolling as Stock Surges 57%