Japan’s nuclear regulator said it has no fixed schedule to complete safety checks at idled atomic plants, possibly delaying reactor restarts and the supply of cheaper energy the government wants to drive economic growth.
Former Federal Reserve Chairman Alan Greenspan said that Janet Yellen would be a “great” chief of the central bank and that he relied on her to explain the newest academic research in economics while the two served together.
The consensus in Washington that Fannie Mae and Freddie Mac should be dismantled is weakening amid opposition from hedge funds, regional banks and others who could benefit if the companies survive in some form.
New coal-burning plants will be required to limit the carbon dioxide they release under the U.S. Environmental Protection Agency’s first regulations aimed at curbing climate change by power generators.
Asia-Pacific leaders will seek momentum on talks for a sweeping 12-nation trade pact when they meet in Bali in coming days, trying to overcome concessions sought by countries that threaten to further delay completion.
The U.S. Environmental Protection Agency’s proposed limits on power-plant emissions blamed for climate change is a broad new battleground for an agency that has spent four decades focused on the local impact of pollutants such as lead, mercury and ozone.
The U.S. Environmental Protection Agency is scheduled to unveil today its first limits on greenhouse-gas emissions from new power plants, a signature element of President Barack Obama’s plan to curb climate change.
Republican presidential candidate Herman Cain, first saying he was unaware of any financial settlement of sexual harassment claims against him, later allowed that the restaurant association he ran during the 1990s paid a woman “maybe three months’ salary” after she complained about his behavior toward her.
Australian Prime Minister Julia Gillard speaks at the Japan National Press Club. Isuzu and Volkswagen are reportedly in talks on truck engines that may result in the companies taking stakes in each other.