U.K. Gives Go-Ahead to Smaller Nuclear Reactor in Wales
The government pledged 2.5 billion pounds for initial site work, but the decision to build a small, modular design may disappoint others, including the U.S. nuclear industry. Source link
Business Update
Read More
Britain Gives Go-Ahead to Smaller Nuclear Reactor in Wales
Britain will back a modular nuclear power station for Anglesey Island in northern Wales, ending years of uncertainty over the fate of what is considered the country’s best nuclear site. The decision, which was announced Thursday morning in London, appears to be an effort to create a British nuclear champion and a move to increase…
Duffy Won’t Give Timeline to Restore Flights as Shutdown Appears Near End
The transportation secretary said data would guide the decision. He also stepped up his warnings of potential chaos, saying some airlines could ground their fleets if the shutdown continued. Source link
As Consumer Bureau’s Cash Dwindles, Trump Administration Declares Its Funding Illegal
The Justice Department embraced a novel conservative legal theory that it said blocked the Federal Reserve from funding the agency. Source link
Massachusetts Offered a Solution to Housing Shortages. Is It Working?
The Affordable Housing Act designated Cape Cod, Martha’s Vineyard, the Berkshires and other resort towns as “seasonal communities,” making it easier to build homes there for workers. Source link
A Company Sold Investors $1 Billion in Art. Did it Paint Too Rosy a Picture?
Masterworks offers average investors a chance to buy individual shares in paintings often only owned by the rich, but critics say its marketing can overstate the upside of investing in its art. Source link
The Penny Dies at 232
A long decline into irrelevance ended on Wednesday in Philadelphia. Source link
By Not Funding Food Stamps, Trump Risks Lasting Damage to Safety Net
For the poorest Americans, the expected end to the longest shutdown in history has left doubt and anxiety around the benefits known as SNAP. Source link
Solvay of Belgium Creates Rare Earths Deals With U.S.
The contracts are the latest sign of how Europe is lagging the United States in the race to break China’s chokehold on rare earths. Source link
Atlanta Fed President to Step Down in February
The departure of Raphael W. Bostic, who has served in the role since 2017, would create a new vacancy at the central bank. Source link