Though it's difficult to predict exactly how the year will pan out, weak job growth, a slowing economy and troubled housing markets all point to signs of an economic recession. The good news for job seekers is that employers are still hiring and certain industries will survive (even thrive) during hard times.
Is the United States finally about to embark on a long anticipated nuclear power renaissance? It seemed so yesterday, when Princeton-based NRG Energy filed a license application to build two new nuclear reactors at its existing facility in Bay City, Texas.
Joel Rheault ducks beneath the steel door of the elevator cage and steps into a freezing rainstorm -- 1,600 feet below ground, at the mouth of a cavernous concrete tunnel. Wind whips the water dripping from his hard hat as Rheault switches on his headlamp, climbs into a Toyota Land Cruiser that's been parked underground, and drives off into the darkness.
"We were at heightened security - we were at red," recalls Al Griffith, spokesman for the utility that owns the Seabrook Nuclear Power Plant in New Hampshire.
While the U.S. hems and haws over reviving nuclear energy as a less expensive alternative to oil, Russia has dug back 30 years in our nuclear history to find a solution for some of its own energy woes: the floating nuclear power plant.
On a raw winter afternoon, the training manager at Cooper Nuclear Station, a power plant run by Entergy Corp. on the bleak plains of eastern Nebraska, sits across a conference table from his boss, ...
Outside, it's another warm summer afternoon in Madison, Pa., a forested suburb 30 miles southeast of Pittsburgh. Inside—in a brightly lit Westinghouse control room packed with computer monitors, sc...
When David Lochbaum perused a government Web site one day last summer, he came across documents he thought would be of limited value to the public -- but a potential bonanza for terrorists.
Defense Secretary Donald Rumsfeld rarely keeps his opinions to himself. He tends not to compromise with his enemies. And he clearly disdains the communist regime in North Korea. So it's surprising ...
On the western edge of the vast Nevada Test Site, where hundreds of nuclear weapons have been detonated, lies a dusty ridgeline known as Yucca Mountain. Located in a desert region of north-south mo...
Though it's difficult to predict exactly how the year will pan out, weak job growth, a slowing economy and troubled housing markets all point to signs of an economic recession. The good news for job seekers is that employers are still hiring and certain industries will survive (even thrive) during hard times.
Is the United States finally about to embark on a long anticipated nuclear power renaissance? It seemed so yesterday, when Princeton-based NRG Energy filed a license application to build two new nuclear reactors at its existing facility in Bay City, Texas.
Joel Rheault ducks beneath the steel door of the elevator cage and steps into a freezing rainstorm -- 1,600 feet below ground, at the mouth of a cavernous concrete tunnel. Wind whips the water dripping from his hard hat as Rheault switches on his headlamp, climbs into a Toyota Land Cruiser that's been parked underground, and drives off into the darkness.
"We were at heightened security - we were at red," recalls Al Griffith, spokesman for the utility that owns the Seabrook Nuclear Power Plant in New Hampshire.
While the U.S. hems and haws over reviving nuclear energy as a less expensive alternative to oil, Russia has dug back 30 years in our nuclear history to find a solution for some of its own energy woes: the floating nuclear power plant.
On a raw winter afternoon, the training manager at Cooper Nuclear Station, a power plant run by Entergy Corp. on the bleak plains of eastern Nebraska, sits across a conference table from his boss, ...
Outside, it's another warm summer afternoon in Madison, Pa., a forested suburb 30 miles southeast of Pittsburgh. Inside—in a brightly lit Westinghouse control room packed with computer monitors, sc...
When David Lochbaum perused a government Web site one day last summer, he came across documents he thought would be of limited value to the public -- but a potential bonanza for terrorists.
Defense Secretary Donald Rumsfeld rarely keeps his opinions to himself. He tends not to compromise with his enemies. And he clearly disdains the communist regime in North Korea. So it's surprising ...
On the western edge of the vast Nevada Test Site, where hundreds of nuclear weapons have been detonated, lies a dusty ridgeline known as Yucca Mountain. Located in a desert region of north-south mo...
You've got to like two things about Michael Jordan, the 60-year-old chairman of Westinghouse Electric: One, he's not afraid to shake the tree, and two, he's showing a lot of grace under media and W...
NEIL BUSH, 35, the President's son, on the possibility of having to defend himself against government conflict-of-interest charges involving his directorship of Silverado, a bankrupt S&L: ''It's an...
HERE'S A TEST of your investment acumen. You have a choice of buying stock in one of two companies. Do you believe in return on shareholders' equity? For 1988, Company A had an ROE of 22%; Company ...
WHY IS this scientist smiling? Because he may have won a small prize in the cold fusion lottery. No, not those $25 boxes of pennies -- the pennies are there to shield his instruments from any gamma...
JINXED by runaway construction costs and reviled for putting humanity at needless risk, nuclear power seemed destined for gradual abandonment. That was last year. Amid mounting evidence that the ea...
With $15 billion in nongenerating power plants, the Tennessee Valley Authority was in a jam. So it hired a hotshot admiral from the nuclear Navy and gave him an army of engineers to make the plants...
As manager of the $600-million Eaton Vance Total Return Trust, Edwin Bragdon, 64, has consistently beaten the market by investing almost entirely in utility stocks. Shares in the Total Return Trust...
THE FIRST NUCLEAR power plant in the Philippines sits on a verdant bluff overlooking the South China Sea, just off the road where U.S. soldiers marched to their death under the bayonets of Japanese...
NUCLEAR POWER was not a wonderful business to be in even before the disaster at Chernobyl. It now figures to become a lot less wonderful for utilities. Several companies that build and service nucl...
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