nuclear energy

Microsoft co-founder Bill Gates is reportedly eyeing West Virginia for expanding his efforts on the development of nuclear energy technology in the U.S. What Happened: Gates visited a closed-down coal-fired plant of American Electric Power in Glasgow, West Virginia, on Monday and called the state...

Following the NRC approval, Southern Co.’s (NYSE: SO) subsidiary Georgia Power is not ready to initiate fuel load at Vogtle Unit 3 and subsequently move to commercial operations, according to UBS. The Southern Company Analyst: Ross Fowler upgraded the rating for Southern from Neutral to Buy,...

Heading into a new trading week amid an escalation in the Russia-Ukraine conflict, here is a quick roundup of the top five stories from the corporate, economic and technology sectors that investors would not want to miss out on from the weekend. 1. Oil Prices Surge On Possible Russia Ban: Crude oil...

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk has urged Europe to increase its use of nuclear power in response to Russia’s invasion of Ukraine. What Happened: Musk took to Twitter to say that Europe should restart dormant nuclear power stations and also increase the power output of existing...

Nuclear power avoided a big fallout in Illinois this week.  What Happened: On Monday, the Illinois Legislature approved $700 million in subsidies over five years for nuclear plants to stay active in the state. Nuclear energy, a contentious topic among environmentalists, has become a...

President Donald Trump's administration is asking Democratic People's Republic of Korea leaders to resume negotiations over the country's denuclearization, national security advisor Robert O'Brien told Axios. What Happened "We've reached out to the North Koreans and let...

Uranium equities have had a rough go of it, a condition that has lasted several years. Over the past three years, the original uranium exchange traded fund is lower by almost 4% while the S&P 500 Materials Index is higher by 25.5%. Perhaps a new uranium ETF will have better fortune. The North...

Expected higher energy pricing in most regions in coming years led Goldman Sachs to boost target prices on Exelon Corporation (NYSE: EXC) and Public Service Enterprise Group Inc. (NYSE: PEG) — while staying cautious on the sector as a whole. The Analyst Michael Lapides upgraded Exelon...

Exelon Corporation (NYSE: EXC), owner of the infamous Three Mile Island nuclear plant in Pennsylvania where a 1979 accident forced the evacuation of 140,000 people, said Tuesday it will shutter the operation for good in September 2019 unless the state bails it out. The plant near Harrisburg,...

Shares of Chicago Bridge & Iron Company N.V. (NYSE: CBI) fell more than 6 percent on Wednesday while shares of Japan-based TOSHIBA CORP NPV (OTC: TOSBF) plummeted more than 20 percent. Chicago Bridge & Iron is a provider of services to the energy infrastructure market across the world. The...

Since the advent of atomic power, over 30 countries across the world have been operating 437 reactors to produce what many believe is a cleaner alternative to fossil fuels for generating electricity. However, nuclear energy comes with its own waste, which the World Nuclear Association has estimated...

The Environmental Protection Agency is considering a review of its 1977 rule that limits the amount of whole-body radiation that any member of the public can be exposed to as a result of the uranium fuel cycle. While they have not made any immediate determination to change the current level of...