Humpty Dumpty News
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Duke Energy’s decision to dismantle a Florida nuclear power plant rather than undertake the costliest- ever U.S. atomic repair shows how rapidly cheap natural gas is remaking the U.S. power industry, hastening a shift from traditional fuels such as coal and uranium.
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A damaged Florida nuclear plant that spurred a boardroom coup at Duke Energy Corp. in July risks getting scrapped unless the power company can justify spending more than $1.3 billion on the costliest-ever U.S. atomic repair.
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Groucho Marx , one of America’s pre- eminent philosophers, once quipped , “Who are you going to believe, me or your lying eyes.”
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Barton Biggs , the hedge-fund manager who bought stocks when the market bottomed in 2009, said there needs to be a change in government in Syria before he invests in the country after popular unrest escalated this year.
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PMI Group Inc., the mortgage insurer whose main unit was taken over by regulators last month, will be in court today asking an Arizona judge to undo the seizure and put PMI back in charge.
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Five years after Hurricane Katrina drove Lena Johnson from New Orleans, her family’s home since the 1930s, she misses its food, music and Mardi Gras. And she never wants to live there again.
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AT&T Inc. Chief Executive Officer Randall Stephenson is to testify at a May 11 congressional hearing into the company’s proposed purchase of T-Mobile USA Inc., according to a news release from the U.S. Senate.
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A gauge of U.S. corporate debt risk rose for the first time in three days as Spanish bond yields climbed above 7 percent, dimming optimism that a pro-bailout victory in Greece will stave off the sovereign-debt crisis.
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U.S. senators said they are concerned that AT&T Inc. ’s proposed $39 billion purchase of T-Mobile USA Inc. will harm competition by further consolidating the nation’s wireless phone-carrier market.
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The growing failure of European monetary union can’t be measured by superficial yardsticks such as the number of tiny euro-area economies at risk of meltdown or of monthly turbulence in currency markets. The main development has been the dashing of hopes for monetary stability.
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