Exelon Corp. paid retired Chief Executive Officer John Rowe $23.5 million for working less than three months in 2012 and completing the power company’s $7.3 billion takeover of Constellation Energy Group Inc.
Exelon Corp. set aside qualms about naming Constellation Energy Group Inc.’s Mayo Shattuck III executive chairman after the companies merge because it calculated the move would win it better terms for the acquisition, according to an internal company document.
Nuclear engineer Jose Reyes jolted awake at 4:45 a.m. on March 11 when his son called to warn him that a massive earthquake had unleashed a tsunami that rocked Japan. Giant waves were heading for the Oregon coast, about an hour from Reyes’s Corvallis office.
A Florida jury ruled that R.J. Reynolds Tobacco Co., the second-biggest U.S. cigarette maker, should pay $30 million to a woman whose husband died of lung cancer after years of smoking, according to a lawyer.
President Barack Obama ’s frustrated efforts to revamp U.S. energy policy may face another setback as Japan works to prevent a meltdown at nuclear-power reactors crippled by last week’s earthquake and tsunami.